Gladdens Homes director charged over Ksh28m housing fraud scheme
Bildad Nzuki Wambua, a director of Gladdens Homes Limited, has been charged over an alleged housing fraud scheme in which 22 victims are reported to have lost Ksh28 million.
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Bildad Nzuki Wambua, a director of Gladdens Homes Limited, has been charged over an alleged housing fraud scheme in which 22 victims are reported to have lost Ksh28 million.
More young Kenyan women are buying land to build financial security and control their own assets, reshaping the profile of the country's property buyers and opening a new market for developers and lenders.
Old Mutual Holdings is in discussions with potential buyers for its office tower and is reviewing offers on other properties as it pushes ahead with plans to dispose of its real estate holdings, its group CEO has said.
A new book on land and family in central Kenya shows how Nairobi's expansion is driving skyrocketing land prices in Kiambu while smallholders, facing subdivision and inheritance pressures, sell ancestral plots out of a sense of abandon.
The Presbyterian Church of East Africa has launched a Sh703 million fundraising drive to rescue its Milele Beach Hotel in Mombasa from debt, after paying Sh50 million to KCB to cut its outstanding loan to Sh753 million.
A ruling by Kenya's Environment and Land Court in Kisumu shows land buyers can recover money paid and expenses directly linked to a failed transaction — but only where the costs are proven and tied to the deal.
Average annual rent for a high-end two-bedroom apartment exceeds $40,000 in Abidjan, Africa’s most expensive rental market, according to a Fortren & Company report.
Kenya's Affordable Housing Board has responded to Mukuru applicants who paid deposits for units, saying 15,142 applicants are yet to secure alternative units in the ongoing housing programme.
Commercial real estate developers in Nairobi have placed more than 1.6 million square feet of office space into the development pipeline across Westlands, Lavington, Upper Hill and Runda.