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Author: WAPI-Admin

28 Oct

Posted at 08:06h in News by
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The Kenyan government’s aim of building one million affordable homes in five years, if successful, could ignite a lagging real estate sector, and place Public-Private Partnerships (PPPs) at the centre of economic life for one of Africa’s most rapidly urbanising countries, said Kfir Rusin. As the managing director of the region’s largest real estate focused event, the two-day East Africa Property Investment (EAPI) Summit, a primary focus for the conference is developing a strategy for realising the government’s goal. “We’re bringing private...

25 Oct

Posted at 13:07h in News by
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The last 20 years of real estate boom in East Africa has changed our building landscape and inventory, as it quite rightly should have done. Our starting point was a region that was short of every kind of building, from housing, to shops, through offices, warehouses, hotels, and even student hostels. In all, we faced a real estate landscape that was cripplingly underinvested. And we invested. Choosing which type of investment barely mattered. Every type of property sold fast. Developments got snatched...

25 Oct

Posted at 13:05h in News by
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By Selwyn Blieden; Head of Africa Coverage, Commercial Property Finance For a long time, the most prominent players in the African property sector have been private equity or other institutional investors. It is also true that there has been an obvious gulf between demand and supply in all property sectors (commercial, industrial and residential) across many markets on the continent. The investment proposition, often-repeated to prospective funders, regulators and local partners, was that by pioneering landmark projects international investment and development teams...

25 Oct

Posted at 12:55h in News by
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A little-known town in Nakuru County posted the best growth in land prices in the country in 2017, a new report shows. According to the just-released County Land Price Report by real estate firm HassConsult, land prices in Ngata rose by 20.66 per cent in 2017, making it the best performing town of the 75 towns surveyed. It was followed by Utange (Mombasa) at 17.21 per cent, Kitengela (Kajiado) at 16.59 per cent, Embakasi (Nairobi) at 14.86 per cent, and Bamburi...

25 Oct

Posted at 12:12h in News by
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A new report has found out that with green building technology, developers could save huge initial cost involved in putting up a building. The report, dubbed ‘Green Buildings and Communities: Costs and Benefits’, shows that about 50 per cent of all green buildings studied, reported a payback of five years or less just from energy and water savings.However, that figure jumped to 90 per cent when health and productivity benefits were included. Speaking while launching the report in the capital Nairobi, John...

25 Oct

Posted at 12:07h in News by
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NAIROBI – The 6th annual East Africa Property Investment (EAPI) Summit will facilitate a new of era of investment and development driven by market affordability, Kfir Rusin, the host, has said. Taking place at the Radisson Blu Hotel from April 10 to 11 2019, the EAPI Summit will provide a transaction focused and knowledge sharing environment for 500 senior delegates from more than 20 countries as they unpack the theme: Driving Affordability and Opportunity through the Property Value Chain. According to Rusin,...