Kenya National Bureau of Statistics data shows the value of approved building projects in Nairobi County rose to Sh84.14 billion between January and May 2026, up from Sh65.9 billion in the same period of 2025.
Residential approvals increased by Sh9.7 billion to Sh61 billion, while non-residential approvals rose by Sh8.6 billion to Sh23.1 billion. The growth coincides with rising land prices in prime suburbs including Nyari, Lang'ata, Kileleshwa, and Karen, according to HassConsult's first-quarter Land Price Index.
Thirty years of vision. Thirty years of partnerships. Thirty years of building financial legacies.
As GenAfrica celebrates this remarkable milestone, we look forward to continuing the journey of creating long-term value for generations to come.
#GenAfrica#30YearAnniversary
🏘️ Excited to delve into the latest insights on Nairobi's residential market?
Join us tomorrow on X Spaces as we look at the our Nairobi Metropolitan Area Residential Report 2024.
From market performance to investment opportunities, we've got it covered.
📅: Wednesday, 15th May, 2024
⏰: 7:30 pm
Read the report here: https://t.co/6Z27qccttC
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In line with our expectations, the MPC retained the CBR at the current 13%, mainly informed by major economies retaining high interest rates, NFNF inflation has remained sticky recently, and hence the current stance would support inflation remaining within the preferred target of 5%
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