Resilient Nairobi is down but not out

An Aerial View of Nairobi City taken on 17th February 2015. [PHOTO;WILBERFORCE OKWIRI/STANDARD]

Nairobi, Kenya: High net worth property investors are not keen to put their money in Kenya’s real estate market, a new report shows.

According to the just-released World Wealth Report 2015, wealthy individuals have given the country a wide berth, instead preferring the world’s financial hotspots, with London and New York taking the first two slots out of 40 top business hubs. They are followed by Hong Kong, Singapore and Shanghai, respectively.