Players say 2018 holds more promise to developers due to investor confidence

An upcoming office block in Westlands PHOTO: WILBERFORCE OKWIRI

NAIROBI, KENYA: President Uhuru Kenyatta’s five-year plan to construct 500,000 houses, access to finance and a conducive political climate are some of the key factors that will shape real estate sector in 2018.

Last year, financial crunch and politics led to suppressed performance that saw developers get stuck with new housing units for a longer period.