REAL ESTATE NEWS
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It's another win for Username Investment Ltd. as the leading real estate company bags the Most Trusted and Reliable Land Selling Brand in Kenya Award during Brand of the Year Awards held at Radisson Blu Hotel, Nairobi Upper Hill. The CEO of the Company also won the coveted CEO of the Year Award at…
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A company linked to Mathira MP Rigathi Gachagua is embroiled in a tussle over the ownership of a piece of land in Nairobi valued at Sh1.5 billion.
Wamunyoro Investment Ltd has filed a case at Milimani law courts seeking to have John Michael Ohas and Columbus Two Thousand Ltd barred from illegally…
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The UK has emerged as a preferred investment destination for Kenya’s middle-class and the ultra-rich, who are buying houses for renting out.
Kenyan buyers are spending an average of £210,000 (Sh30.7 million) on a house in major UK cities such as Birmingham, Manchester, London, Liverpool, and Leeds…
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President Kenyatta's cousin Ngengi Muigai has lost a court battle for a 443-acre coffee estate in Kiambu county that was auctioned by Kenya Commercial Bank (KCB).
The bank auctioned Muigai’s Muiri Coffee Estate to Bidii Kenya in 2007 for Sh70 million after the estate’s sister company Benjo…
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Equity Bank has received a green light to sell mansions belonging to Muga Developers to recover its loan.
A three-judge bench of the Appeals Court ruled that Equity Bank is a reputable lender and the developer can still recover the money in case the pending appeal is successful.
Justices Roselyn…
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A Nairobi court has ordered the developer of Phenom Park Estate in Lang’ata to set up water purification systems for residents.
Justice James Makau issued the order after homeowners moved to court complaining that water from a borehole in the estate is not fit for human consumption due to high…
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The construction of a 90-unit gated estate that is set to be occupied by personnel attached to the US Embassy in Nairobi will be completed by May, according to the developer.
The American Embassy signed an eight-year agreement to lease the estate for its workers in the Kenyan capital.
Dubbed OBO…
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The government has warned Kenyans against falling victims to fraudsters who are selling houses under the slum upgrading project in Mavoko, Machakos County.
Housing Principal Secretary Charles Hinga in a notice said the unscrupulous individuals are masquerading as developers, with the intent of…
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The government has announced a 10 percent increase in rental charges for all State-owned residential houses.
The State Department of Housing says the hike, which mainly affects civil servants residing in government houses, will take effect from April 1st, 2022.
Housing Principal Secretary…
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The US Embassy in Nairobi has signed an eight-year deal to lease a gated estate for its workers in the Kenyan capital.
The 90-unit estate christened OBO Kenya Diplomatic Housing is currently under construction in the affluent Rosslyn neighborhood.
Business Daily reports that the estate is…
