City Guide

Commercial building

Commercial building

When looking at our analytics, Commercial properties have a lead generation of 3359 leads per month with preferences of searches being in areas within the Kilimani and Lavington regions.

The Real Estate Industry in Kenya accounts for about 7% of the Gross Domestic Product (GDP) of the country.

Kenya continues being an alluring destination for investors as a result of several factors, for example a good macroeconomic environment, enhanced investment in infrastructure (Standard Gauge Railway), expansion of international grade office and retail space and rising disposable incomes, this is seen in the World Bank “Doing Business Report 2017” where Kenya is ranked no 92 in the world.

Residentials

 

Nairobi’s Real Estate prices have been on a continual rise of 25 percent since 2011. It has also been voted for as one of the top 10 cities to watch by the global real estate firm, Jones Lang LaSalle, out of 150 cities globally.

According to the Cytonn Real Estate review report, the sector recorded rental yields of 9.6 percent in retail, 9.2 percent in commercial office and 5.2 percent in the residential sector, resulting to an average rental yield for the real estate market of 8.0% compared to 7.8% in 2016.

With monthly website visits of approximately 2 Million per month and 200,000 monthly returning visitors on the Jumia House website, our platform has firmly established itself in the Real Estate Industry in Nairobi and Kenya in general.

lamudi.co.ke

lamudi.co.ke