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Student accommodation opens new investment frontier

Qwetu hostels along Ring Road. [Jonah Onyango, Standard]

When Josiah Mwangi received his admission letter from Dedan Kimathi University of Technology (DeKUT), he frantically sought accommodation in the neighbourhood but stumbled upon one surprise after another.

Not far from the university, he came across studio apartments (bedsitters) that went for Sh11,000 a month.

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