NAIROBI, Kenya — In a significant development for Kenya’s hospitality sector, Aksaya Estates Limited has signed a strategic agreement with Marriott International to bring the Courtyard by Marriott brand to Jomo Kenyatta International Airport (JKIA) in Nairobi. The new hotel, slated to open in 2027, represents a major investment in Kenya’s tourism infrastructure and underscores […]

Nairobi’s intensifying struggle to provide affordable and environmentally sustainable housing has received a substantial boost following the successful handover of 200 green housing units by real estate developer Mi Vida Homes to International Housing Solutions (IHS) Kenya at the strategically located 237 Garden City project along the busy Thika Superhighway. This milestone transaction represents a […]

Kisumu County has entered into a landmark partnership with the United Nations Human Settlements Programme (UN-Habitat) to implement an ambitious large-scale social housing upgrade programme that promises to transform urban living conditions for some of Kenya’s most vulnerable populations. The groundbreaking initiative, valued at Sh2.7 billion for implementation across both Kisumu and Nairobi, represents a […]

Knight Frank Kenya, a leading global property consultancy with extensive operations throughout East Africa, has released its comprehensive Kenya Market Update for the first half of 2025, providing detailed analysis of the country’s real estate performance and broader economic dynamics. The report reveals encouraging resilience across multiple key sectors including office space, hospitality, residential property, […]

Kenya’s high-net-worth individuals (HNWIs) are demonstrating remarkable shifts in their investment preferences, with 72% expressing desire to acquire art, 50% interested in classic cars, and 44% keen on jewelry and high-end furniture, according to exclusive insights revealed during a wealth briefing session by Stanbic Bank Kenya and Knight Frank in Nairobi. The findings, compiled in […]

The High Court has ordered the seizure and auction of Ecobank Kenya’s assets to recover Sh840.6 million owed to the estate of former cabinet minister Mbiyu Koinange, marking a landmark case that fundamentally redefines banks’ fiduciary obligations in managing estate accounts. The total amount includes Sh284 million principal amount that was illegally withdrawn from the […]

Nairobi’s luxury real estate sector is experiencing a transformative boom as the United Nations accelerates its historic relocation of key global offices from New York and Geneva to Kenya’s capital. This unprecedented shift, part of Secretary-General António Guterres’ UN@80 reform agenda, promises to reshape the city’s property landscape and cement Nairobi’s status as Africa’s diplomatic […]

The Ethics and Anti-Corruption Commission has announced one of Kenya’s most significant anti-corruption asset recovery efforts, putting Ksh 505 million worth of prime properties up for public auction across Nairobi, Kisumu, and Migori counties. The unprecedented move represents a major milestone in the commission’s fight against corruption, offering Kenyans an opportunity to acquire high-value real […]

What the Tribunal Decided A Land Acquisition Tribunal has ruled that the Pangani footbridge on Thika Road must be demolished within 90 days because it encroaches on privately owned land. The tribunal found that the Sheikh Fazal Ilani Noordin Charitable Trust owns land that was never lawfully acquired but has been partly occupied by the […]