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Is the real estate market in Kenya in for a storm in 2016?

Ann Muchiri of Rozana Properties looks forward to a busy year ahead after what she describes as a lacklustre performance of the real estate industry in 2015. Sporadic incidents of insecurity conspired to deny her some much-needed sales in the high-end segment where she operates.

“A number of our units are in the high-end segment of the market that was greatly affected by last year’s terror incidents. This made a number of multinationals that we target slow down their uptake of such homes,” says Muchiri.

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