Nairobi property firm to build Sh3.5 billion estate in Ruiru

Nairobi-based real estate developer Lifestyle Estates has unveiled plans to build a Sh3.5 billion estate in Tatu City, a proposed “city” in Ruiru, Kiambu County. The high-end gated community, which is to be known as Lifestyle Heights, sits on a…
Malindi airport earmarked for Sh1.5 billion upgrade

The Malindi airport will undergo a major upgrade as the Kenyan government seeks to open up north coast attractions to foreign tourists. According to the outgoing Transport principal secretary Irungu Nyakera, part of the Sh1.5 billion that has been allocated…
Work on Sh60bn Lamu-Isiolo road set to start next month

Construction of a new road from Isiolo to Lamu is set to begin next month after funding details were agreed between Kenya and a South African state-owned bank. According to the outgoing Transport PS Irungu Nyakera, the Development Bank of…
Happy times ahead for student housing developers in Kenya

A fast expanding population of university students in Kenya is creating enormous opportunities for investors to build student accommodation facilities across the country. According to a study by real estate researchers Jumia House, local universities have a combined 280,000 bed…