Property owners in dilemma

Kenya is likely to reform its land valuation following a decline in real investment caused by over-valuation and the Covid-induced financial crisis.

Speaking at the East Africa Property (EAPI) Summit 2021, land economists and real estate professionals agreed that real estate in the region is unlikely to see a rise in demand.

Demand for commercial office space in all the three countries has been down in the past 12 months. In Kenya average office space varies between $10$-$11 per square metre per month – The East African