We research widely to deliver unique insights.

---

Recent Topicals

---

Real Estate Bubble

Jul 18, 2021

In the beginning of 2020, we set out to address the speculation that the Kenyan market was experiencing a real estate bubble through a topical Is There a Real Estate Bubble in Kenya? We determined that there was no real estate bubble in Kenya since the market was still constrained by issues such as i) unavailability and unaffordability of credit , ii) tight credit underwriting standards from high number of non-performing loans, iii) low accessibility to mortgage financing, and, iv) slow provision of affordable housing. Thus, the sector was just experiencing the normal real estate cycles and the rapid price increments was as a result of low supply and high demand, and vice versa in select sectors. This week, we again seek to address the same concerns on whether the Kenyan market has experienced a real estate bubble through a topical as outlined below; Introduction to real estate bubble ...

---

Land Sector Cytonn H1’2021 Markets Review Note

Jul 14, 2021

Land prices in low rise residential areas recorded highest price appreciation of 4.9 % in H1’2021 compared to a market average of 1.6% During H1’2021, the land sector recorded an overall annualized capital appreciation of 1.6%, with asking land prices in low rise residential areas recording a 4.9 % annualized capital appreciation, attributed to the relative affordability of land valued at Kshs 88.3mn per acre compared to high rise areas selling at Kshs 132.7mn per acre.  Other factors making the areas attractive to people is the fact that they are sparely populated thereby offering exclusivity and privacy. Land in the commercial zone recorded a (3.7%) price correction to approximately Kshs 131.0 mn per acre compared to Kshs 133.0 mn per acre due to reduced demand for land in commercial zones as most developers have put on hold their activities as they await the absorption of the current office supply with the over...

---

Nairobi Metropolitan Area Residential Report 2021

Jul 11, 2021

Last year, we released our Nairobi Metropolitan Area (NMA) Residential Report 2020

---

Kenya Macroeconomic Review

Jul 4, 2021

Following an economic contraction in 2020, The Kenyan Economy is projected to grow at an average of 5.4% in 2021 according to various organizations as shown below: No. Organization 2021 Projections 1.        International Monetary Fund 7.6% 2.        National Treasury 6.6% 3.       

---

Sub-Saharan Africa Regional Review

Jul 4, 2021

According to the World Bank and the International Monetary Fund (IMF), the Sub Saharan economy is projected to grow at a rate between 3.4% and 2.8% in 2021 following a 2.4% decline in 2020 supported by recovering commodity prices and improving economic activity following the re-opening of most economies.   There are still risks to these outlooks given subsequent waves of the virus, the governments’ high debt levels and historical challenges such as political instabilities in some of the countries. Debt sustainability in the region continues to be a major concern and as per World Bank’s Africa’s Pulse April 2021, SSA’s public debt is projected to rise further to 69.0% of GDP in 2021,...

---

• «
• 1
• 2
• ...
• 31
• 32
• 33
• 34
• 35
• 36
• 37
• ...
• 93
• 94
• »