(Even if there are still concerns about the cost of the facilities, the government has been working to increase the uptake of mortgages through organizations like Kenya Mortgages Refinance Company (KMRC). The company, which was established in 2018, raises long-term capital to lend to participating lenders, such as microfinance organizations, commercial banks, and savings and credit cooperatives (SACCOs). After then, the lenders are able to match the maturities of the long-term credit that KMRC makes available to them with some of the house loans that they provide to borrowers, which leads to cheaper interest rates and more affordable conditions.)

Graeme Reid's remarkable journey as CEO of Tilisi Developments has been delightful. His decision to embark on this path was rooted in a lifelong involvement in development, beginning with his dedicated work in the NGO sector. Amid the transformative era following apartheid in South Africa, he collaborated with trade unions and civic movements. In 1994, his journey took a significant turn as he assumed a pivotal role in the metropolitan council post-democratic elections, spearheading impactful projects with a primary emphasis on the rejuvenation of downtown Johannesburg.

hat is valuation? This is the art and the science of estimating the value of a particular interest in property for a specific purpose at a particular moment in time taking into account all features of the property and also considering all the other market factors. Who carries out valuation? This process is conducted by a Registered and Practicing Valuer who has the necessary knowledge and experience in carrying out the exercise. This renders their services competent and professional. What does it mean by being a registered and practicing Valuer? A registered and practicing Valuer is an individual who is registered under The Institution Surveyors of Kenya professional body, and licensed through the Valuers Registration Board, allowing them to conduct and practice valuation.

Africa's Wealth Boom: Kenya Emerges as a Real Estate Goldmine In a surprising twist that's catching the eye of global investors, Africa is rapidly becoming the new frontier for wealth creation and prime real estate opportunities. At the heart of this economic renaissance? Kenya, a nation that's quickly transforming into East Africa's crown jewel for ultra-high-net-worth individuals (UHNWIs) and savvy property developers alike. The Numbers Don't Lie: Africa's Wealth is on the Rise Knight Frank's "Wealth Report 2024" drops a bombshell: Africa's UHNWI population surged by 3.8% from 2022 to 2023. While this might seem like small potatoes compared to the global average of 4.2%, it's a clear signal that Africa is punching above its weight in the wealth creation arena

Revolution is unfolding as women step into the property sector, not just as buyers but also as developers, investors, and influencers. Their journey of resilience, vision, and empowerment is reshaping the future of real estate in the country, proving that the property market is a space where women can thrive and inspire others. Historically, property ownership in Kenya was seen as a male preserve, with women’s access often limited by cultural norms and financial constraints.