Future of real estate is bright in the fourth industrial revolution

For the past two decades, the Kenyan real estate market has grown exponentially as evidenced by its contribution to the country’s Gross Domestic Product (GDP), which grew from 10.5 per cent in 2000 to 12.6 per cent in 2012.

In 2016, the sector contributed 13 per cent to the GDP. Iconic high-rise buildings dot the skylines across the country, and large-scale mixed-use developments are being developed to serve a myriad purposes. The number of projects being carried out indicate that the construction industry is only set to grow over the coming years.