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Long Vs Short Term Rentals: Where’s The Next Frontier for Growth in Real Estate?

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Real estate industry in Kenya has become increasingly popular over the last decade and is now a common preferred investment choice for many people who wish to create wealth. This has been attributed to its reliable and consistent returns which happen to be the highest among comparable asset classes. However, it is important to point out that the capital outlay is pretty steep for ordinary people but concepts like Real Estate Investment Trust (REITs) are now providing retail investment options... ...Read More

Confidence in Retirement: Real Estate the Most Preferred Investment For Sustenance

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Have you ever taken a moment to ponder about how your life would be in retirement? Would you maintain your current standard of living or even raise it a notch higher? These are the tough questions that young professionals need to reflect on as they work through to the apex of their careers. Confidence in retirement, a study done by Enwealth, a pension scheme company, Strathmore University and Institute of Human Resource Management (IHRM) revealed that 86% of Kenya's working population are... ...Read More

What’s Up: Gazing Over The 2018 Horizon

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Happy New Year! We hope that you had a wonderful break and enjoyed special time with family and friends. Time away from our everyday tasks can be remarkably restorative. We are confident that, as always, you return to your work with renewed enthusiasm and vigour. The year 2018 is here! Who would have thought that time will run that fast. As with any new year, we plan for various goals (resolutions) that we set out to achieve. For players in the real estate sector ...Read More

The Sun and the Beach: Why You Should Go On Vacation With Your Family

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Once again we’ve done full cycle; 365 days gone, poof! Just like that. Indeed the year has been quite eventful from business to the world of politics, with challenges and all, we’ve still made it. Before you embark on planning for 2018, you can take a few vacations with your family this December to reward yourself with an enjoyable holiday experience. In our spotlight article as we close this year’s SPBR newsletter edition, we review why it is important for you to take your family for a holiday once in a while. ...Read More

The Kenya Coast Guard Service: Beefing Up Security At the Shoreline

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Last month, the Cabinet has approved the Kenya Coast Guard Service Bill, setting in motion the country’s long-held plan of having a special agency to protect its coastline. The proposed law seeks to guide the establishment of a Kenya Coast Guard Service (KCGS) as a specialized law-enforcement agency to deal with maritime issues, a role currently undertaken by the Kenya Navy. This month, we examine what this bill will mean for the overall economic prosperity of the coastal region. ...Read More

Kenya, EAC Adopts e-Passport: What this means for the Country’s Tourism

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In September, Kenya’s Immigration department introduced e-passports to replacing the ordinary ones which will be phased out completely by 2019. The move was long overdue as a number of countries across the world have already transitioned. This was an implementation of the East Africa Community (EAC) resolution that will see all the five countries in the economic bloc have an e-passport. This month, we look at the possible implications for Kenya’s tourism and what it holds for the future. ...Read More

No More Plastic Bags: What the Ban Means for Real Estate Sector

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Beware! No more manufacturing, importation, and use of plastic bags in Kenya. The country is transitioning to a new era of life without plastic bags. The ban took effect on 28th August 2017, marking the start of a real tactical strategy on the long standing struggle to make our environment clean again. Sultan Palace, previously through this newsletter, has argued its case on the importance of having a clean and safe built environment. Granted. This month, we analyze implications of the ban on the real estate sector. What does it mean for the sector players? ...Read More

The New Kenya Trade Policy: Implications on the Real Estate Sector

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In early July, the government through the Ministry of Industry, Trade, and Cooperatives launched a new trade policy that geared towards transforming Kenya into a competitive export-led and efficient economy. This trade policy, in particular, introduces a trade agenda in several sectors such as agriculture, industry, infrastructure, and ICT. This month, we delve into the details of the new national trade policy and analyze the implications on real estate sector. ...Read More