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Boom for city landlords as rental yields hit 10-year high

Rental yields in Nairobi have rebounded to a 10-year high, turning around the fortunes of city landlords reeling from the effects of a glut in the property market.

This is according to the latest Hass Consult Property Index that shows rental yields on apartment recorded a 15.9 per cent rise last year as the sector marked an overall improvement across all property classes.

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