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The real estate sector last year recorded a small decline on the back of a slowdown in demand for property amid growing supply, a report has said.
According to Cytonn’s latest real estate review, while the sector recorded expansion across all segments, it recorded a total return of 11.2 per cent last year compared to returns of 14.1 per cent in 2017. This was largely attributed to a tough operating environment during the period.
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