Construction risk management

The inherent and often unforeseen risks on construction projects present huge challenges to construction and engineering companies. Delays or disruptions can, for example, see a well planned project suffering cost overruns, budget shortfalls or even compromised quality – leading to…
1 World Trade Center officially NYC’s tallest skyscraper

One World Trade Center, the skyscraper built to replace the Twin Towers toppled in the Sept. 11 attacks, has claimed the title of New York’s tallest building. This follows Monday’s erection of steel columns into the unfinished skeleton of the…
Nairobi’s top estates opened to commercial developers

The City Council of Nairobi (CCN) is reviewing its building by-laws to allow developers to build office blocks in high-end estates located to the west of the city. The amendments which are being done under a new land use policy…
Kenya Railways seeking investors for real estate projects

The Kenya Railways Corporation has invited investors interested in partnering with it in various real estate projects in major cities across the country. In an ‘Expression of Interest’ advert published in the local dailies, the state-corporation said it was seeking…
Narok attracts Sh1.3bn resort

The Narok real estate market has attracted a Sh1.3 billion tourist golf resort aimed at high-spending business tourists visiting the Masai Mara Game Reserve. Dubbed Olerai Golf Resort, the development by Olerai Ltd., a firm backed by a large-scale Narok…
Japan’s biggest solar power plant set for July construction

Construction of Japan’s biggest solar power plant is set to begin in July in Kagoshima city on the southern island of Kyushu. Electronics company Kyocera Corp, heavy machinery manufacturer IHI Corp and Mizuho Corporate Bank said on Tuesday they have…
EDITORIAL: Thika Road is highly commendable project

The expansion of Thika Road from four lanes to eight lanes highway is a highly commendable project that will spur economic growth in the country. The new super highway will bring to an end the dreaded traffic jam on this…
Nairobi property developers shift focus to residential houses

Besieged by the soaring prices of land in the city centre and the stagnating prices of commercial spaces, major commercial developers in Nairobi are shifting gears and seeking shelter in building residential houses. Data from the Kenya National Bureau of…