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Kenya: Large institutions can erode residential property values

Posted on 05 August 2011

With the current high demand for land in urban areas to build either for commercial or residential use, the scarcity of vacant parcels has resulted in rising prices for available space.
Accordingly, more organizations and institutions have been pushed to convert homes into offices whereas some look to buying and re-developing space where conditions allow. Quite often, institutions are opting to lease built up space especially within or near residential zones……………………………………….Full Article: Source


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