REAL ESTATE NEWS

Land Cartels are now taking advantage of hundreds of Kenyans whose land leases have either expired or are about to expire. The cartels are banking on the unsuspecting Kenyans to snatch the valued asset from them. Since the Land Act, Land Registration Act, National Land Commission Act and Community…

The construction of what will be Africa's tallest sky scrapper has started in Nairobi's Upper Hill area. The behemoth named "The Pinnacle" was recently launched by President Uhuru Kenyatta who laid the foundation stone for the structure, that will make Nairobi the home of tallest structure in the…

Members of 35 Kenyan Savings and Credit Co-operative Societies (Saccos) will now get access to interest-free mortgages loans after the Saccos launched a special scheme targeting those seeking to own houses. Dubbed the Africa Tenancy Purchase Initiative, the scheme will have members of the…

A Kenyan woman is embroiled in a court tussle with her estranged Australian lover as she seeks her share of a Sh100 million estate located in Diani, Kwale County. Lucy Wanjiku Muku wants Karl Salzmann to give her a share of the property, which mainly comprises of holiday homes located at the second…

United States real estate firm Real Estate Maximums popularly known as RE/MAX has announced that it will be pursuing Kenya’s vibrant real estate market. The American international real estate company has held a number of market shares in the US and Canada since 1999 and functions through a…

An American lawyer is embroiled in a court tussle with a Kenya Church over ownership of a multi-billion shilling property located in Nakuru County. Lawyer Diane Quadrabaeum Hamrick and the United Methodist Church are both claiming ownership of the United Methodist Mission School and other…

As Kenya edges closer to its August 2017 general elections, Kenya’s business community is strongly spelling out specific criterion that both its members and all Kenyan electorate must use as they prepare to cherry-pick their leaders. For the next five years, the elected leaders who will be running…

President Uhuru Kenyatta on Friday put a smile on the faces of Nubian community after issuing them with a title deed for 288 acres of land in Kibra. The Head of State issued a certificate of incorporation for the land that was part of the Kibra military reserve established in 1902, and was…

Retired United States president Barack Obama and his wife Michelle seem to have decided to permanently settle in the US capital, Washington, after allegedly purchasing a new house in the city. The Washington Post reports that the Obamas have paid $8.1 million to buy the mansion located in…

With a current nine percent contribution to the leading East African economic power house’s GDP, the state of the real estate market in Kenya is on a roller-coaster. And the projections are enchanting. Fifty years down the line, real estate contribution to GDP is poised to astronomically shoot to…