A lift in activity is expected for Papua New Guinea’s residential property market heading into next year, boosting both rentals and sales after a recent cooling from a slowing economy and rising costs.
Real Estate
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Rising demand for industrial space in Kenya is shoring up the non-residential component of the country’s real estate sector, at a time when the office and retail segments appear to be moderating after recent increases in supply.
A proposal to restructure leasehold agreements on property has been put forward by the government, though uncertainty over new land and building taxes may impact the rollout of new projects.
Articles & Analysis | Stand-out performer: Despite short-term challenges, an expanding middle class and rapid economic growth provide strong fundamentals for growth from The Report: Kenya 2017
As one of the major markets of sub-Saharan Africa, Kenya is of increasing interest as a real estate investment destination. The 44.2m-person country and its 4.2m-strong capital Nairobi, act as a gateway to a regional East African market approaching some 150m people. Domestically, the economy has been outperforming much of the world, the...
Articles & Analysis | Infrastructure projects and private financing drive the construction sector in Kenya from The Report: Kenya 2017
Kenya’s stand-out economic performance in a global environment of low growth is due, in part at least, to a vibrant construction industry. The sector has been accelerating at a rapid pace and making a substantial contribution to the country’s strong GDP growth figures, on the back of major public works projects and rising demand for mixed-use...
