News and Insights

Industry Highlights – Week Ending 18.07.2025 Real Estate Sector Real Estate Sector’s Contribution to Kenya’s GDP Drops “Is Kenya’s Real Estate Losing Steam?” A new report shows a dip in GDP contribution—what should developers and investors do now? The Star – July 16, 2025 Summary: The real estate sector's contribution to Kenya's GDP has decreased from 10.5% in Q4 2023 to 9.3% in Q1 2025, highlighting sectoral slowdown.

Industry Highlights: Month ending June Real Estate Sector IFC disburses Ksh2.6bn to Centum RE to fund construction of 2,000 affordable homes W Centum Real Estate has received Ksh 2.6 billion in funding from the International Finance Corporation (IFC), setting in motion plans to build 1,940 affordable housing units at the Two Rivers Development.

Residential developer Mi Vida Homes has secured a bulk sale of a portion of its KEZA Riruta residential development to a local fund. The fund has committed to acquiring a substantial allocation of residential units in the second phase of the development, highlighting the investment potential for housing-linked instruments within the domestic capital markets.

Projects like Tilisi in Limuru and RiverRun in Ruiru are already incorporating eco-friendly infrastructure as a core selling point. Buyers are increasingly drawn to homes that not only reduce costs but also align with conscious living values.

Industry Highlights: Week Ending 02.06.2025 Real Estate Sector. HF Group posts Sh327m net profit in first quarter of the year HF Group’s net profit for the first three months of trading ended March 2025 rose 2.2 times to Sh3279.3 million on the back of increased interest and non-interest income. Source: Business Daily

Industry Highlights: Week Ending 24.05.2025 Real Estate Sector Tatu City partnership with Stanbic Bank Tatu City has partnered with Stanbic Bank to enhance property ownership accessibility for Kenyans and diaspora investors. The collaboration offers up to 105% financing at a competitive flat interest rate of 9.5% for homes valued up to KES 10.5 million.

Industry HIghlights - Week ending 10.05.2025 Real Estate Sector Treasury projects housing levy flows to hit Sh95.84 billion The National Treasury projects to collect Sh 95.84 billion from the housing development levy in the financial year starting July, signalling a boost to the government’s plan to put up 200,000 subsidised houses annually for middle- and lower-income households.

Industry Highlights - Week Ending 17.05.2025 01. Real Estate Sector Superior Homes Kenya partnership with KCB Bank Superior Homes Kenya, a real estate developer, has entered into a strategic partnership with KCB Bank Group to create innovative mortgage solutions to empower homebuyers. The agreement will give investors access to customised mortgage solutions from KCB Bank, targeting mid-income and premium market segments.

Industry Highlights – Week Ending 03.05.2025 Real Estate Sector. Banks and Saccos eye affordable home KMRC loan funds The Kenya Mortgage Refinance Company (KMRC) is reviewing submissions from 42 commercial banks and SACCOs to determine their eligibility for accessing long-term funding for onwards lending to homebuyers. This follows KMRC’s move to open its doors to non-shareholding lenders. Source: Business Daily

Industry Highlights – Week Ending 27.04.2025 Real Estate Sector The Kenya Mortgage Refinance Company (KMRC) is enhancing affordable home ownership through a new strategic plan focused on financial growth and sustainability through opening up for more participating primary lenders. Source: The Business Daily