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Kenya's wealthy cut investments in commercial property sector

Boniface Abudho (left) research analyst for Africa and Mark Dunford CEO of Knight Frank, Kenya, officially release a Kenya Wealth report, a perspective on Kenya wealth investment trends 2024 at Capital club, Nairobi. [Jonah Onyango, Standard]

Kenya's super-rich are cutting back on the billions of shillings spent on commercial property.

This is as the latest report by global real estate consultant Knight Frank shows a preference for smaller versions of commercial properties to mitigate risks associated with larger investments.

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