Kenya In World's Top Three for Real Estate Investment
A study has shown that 24% of Africa's super rich own a property in Kenya, 33 and 67% in America and UK, respectively, making Kenya their top property destination in Africa. It also shows that 59% of Kenya's super-rich have invested in the local real estate industry, while 27% own property outside the country.
Nation, 13 March 2018
Kenya emerged the third most preferred real estate investment destination globally for the super-rich after the UK and the US in a study that also shows that nearly a quarter of… Read more »
Flats in Zimmerman, Nairobi (file photo).
Thomson Reuters Foundation, 8 March 2018
Demand for luxury penthouses in Kenya's capital is set to rise as the super rich seek to avoid traffic jams on their way to work, the Knight Frank property agency said on Thursday,… Read more »
Nairobi News, 9 March 2018
Kenya created 180 new dollar millionaires in 2017, growing the number of persons with a net-worth of over Sh500 million to 1,290. Read more »