NEWS & FEATURES

China firm pours big cash into Nairobi real estate

China firm pours big cash into Nairobi real estate

Chinese construction giant China Wu Yi will spend Sh3.8 billion to set up a construction factory in Nairobi as it seeks to grow its influence in Kenya’s real estate sector…. Read more »

Kenyan firms diversify into real estate for profit

Kenyan firms diversify into real estate for profit

Real estate is quickly becoming the favoured destination of many Kenyan companies that are headed for diversification. The shift to property market is mainly motivated by the sharp rise in… Read more »

Kenyan builders feel the heat of rising steel prices

Kenyan builders feel the heat of rising steel prices

The local construction industry is entering an unprecedented crisis, as the price of steel bars has risen by more than 50 per cent since January. The hike is already being… Read more »

Why Nairobi’s ambitious transport plan flopped

Why Nairobi’s ambitious transport plan flopped

Kenya’s ambitious plan to ease traffic congestion in the capital Nairobi has flopped – heaping embarrassment on the government and leaving it struggling to find a new way to decongest… Read more »

Why builders are rushing to adopt new technology

Why builders are rushing to adopt new technology

Property developers across the country are finding a new way to deal with the rising building costs that have increasingly denied many Kenyans a chance to own homes. The builders… Read more »

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