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The Standard Group Plc is a
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Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The real estate sector is limping. Developers are struggling to offload new units, and as a result, many have a hard time servicing loans taken for development.
This, compounded by a lending regime that makes lending to the private sector too risky, has served to make an industry touted as one of the best performing one of the riskiest for lenders. Stories of houses and even entire estates being auctioned are common. As are stories of disputes between developers and lenders.
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