×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App

Scared real estate developers withhold billions as political tempratures rise

A section of Upper Hill on 20th June 2017. PHOTO:WILBERFORCE OKWIRI

Scared real estate developers have held on to their cash as the heightened political activity throw the economy into uncertainty.

According to the latest data from the Kenya National Bureau of Statistics (KNBS), property developers in Nairobi have considerably scaled down their construction activities, pointing to a struggling property sector.    

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902