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Market news

Published stories attached to the Market news category.

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Page 36 of 49

News

Kenya's Property Market Remains Resilient as Demand Shifts Towards Quality, Convenience and Institutional-Grade Assets

Knight Frank Kenya's H1 2026 market update shows a resilient property market, with prime office occupancy rising 4.05% and prime residential sale prices up 6.2%.

News

EFCC Arraigns Man Over 'Illicit' Ibadan Property Deal

The Economic and Financial Crimes Commission has arraigned Yusuf Ademola Oyepeju and his two companies before an Oyo State High Court over the alleged conversion and sale of a Dubai-based Nigerian cleric's property in Ibadan.

News

Cement Price Surge Worsens Nigeria's Housing Crisis, Builders Warn

Building sector operators say the erratic surge in cement prices, with a 50kg bag of Dangote Cement topping N15,000 in some locations, is driving up construction costs, property values and rents.

News

Knight Frank: Nairobi Areas Where New Roads Could Lift Property Values and Investment

Knight Frank's Kenya Market Update for the first half of 2026 says infrastructure corridors such as Tilisi-Limuru and areas served by major road projects are emerging as locations to watch in Nairobi's property market.

News

Why More Nigerians Are Choosing Long Leases Over Outright Property Ownership

Real estate expert Moshood Ajeniya says rising prices, rents and construction costs are pushing more middle-class Nigerians toward long-lease property ownership, which needs far less upfront capital than buying outright.

News

FNB Data Reveals Women Account for 51% of Repeat Home Buyers for the First Time in 10 Years

New FNB data shows repeat home buyers accounted for 51% of female home loan applications in 2025, the first time in a decade they have outnumbered first-time buyers among women.

News

Purple Real Estate pulls down NASD Index by 0.13%

Purple Real Estate Income Plc was the sole price decliner on the NASD Over-the-Counter Securities Exchange on Wednesday, pulling down the platform by 0.13 per cent.

News

HF half-year net profit hits Sh998m on lending

HFCB Plc Group, the Kenyan lender formerly known as Housing Finance, reported a 59.9 per cent rise in half-year profit after tax, driven by higher earnings from lending and other banking activities.

News

Decades-old row on Sh8b Karen land headed to Supreme Court

A long-running legal battle over a Sh8 billion parcel of prime land in Nairobi's Karen estate is set to move to the Supreme Court of Kenya.