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Kenya’s property market rebounds, driven by low interest rates

By Frankline Sunday | Oct. 23, 2014

Hass Consult's Research and Marketing Manager Sakina Hassanali during the launch of the company’s index report. [PHOTO: WILBERFORCE OKWIRI/STANDARD]

NAIROBI: Kenya’s property market is on a rebound following a lower interest rate regime that has seen improved earnings for investors in the country’s lucrative real estate market.

According to the findings of the latest quarterly index by real estate consulting firm Hass Consult, Kenya’s property market is showing signs of recovery from the harsh interest rates in 2011 and 2012 which had caused a slump in developments.

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