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Kenya: Real estate market shifts in favour of office space owners

Posted on 25 October 2011

Rising demand for retail business space has left commercial property developers with higher returns on investments than their counterparts in the residential market, the latest industry data shows.
Yields — the difference between the value of a property and the rental income — have dropped across the board, but investors in residential property have been hit hardest because of the high rate at which residential property prices rose in the past compared to rents………………………………………Full Article: Source


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