The Developer's Digest, January to March 2015 Issue

kpdadevelopers

JANUARY – FEBRUARY 2015 ISSUE

KENYA PROPERTY DEVELOPERS ASSOCIATION

The Developer’s

Digest

A KPDA PUBLICATION

7

KPDA BOARD MEMBERS

Hamish Govani

Chairman

Mucai Kunyiha

Vice Chairman

Emma Achoki

Treasurer

Page 2:

Page 3:

From the Secretariat

Focus on Policy

Laila Macharia

Board Member

Kenneth Luusa

Board Member

Mwenda Thuranira

Board Member

Page 8:

KPDA Member Profile

Page 15: KPDA Partnerships

Page 16: Directory of KPDA

Members

Page 19: Climate and Architecture

Palkesh Shah

Board Member

Visit us online

KPDA SECRETARIAT

Page 20: The Developer’s Digest:

Advertising Rate Card

Elizabeth Mwangi

Executive Officer

Miriam Mwai

Membership Relations

Officer

Nelly Oneya

Finance & Administrative

Assistant

The Secretariat address is :

Fatima Flats, Suite 4B, Marcus Garvey Road off Argwings Kodhek

Road, Nairobi | Tel: + 254 737 530 290 | Email: admin@kpda.or.ke

Website: www.kpda.or.ke

Design& Layout:

InsyncMEDIA Limited. Devan Plaza . First Floor . Suite No16

Chiromo Road, Waiyaki Way.Westlands. Nairobi. Kenya

P.O. Box 9510-00100, Nairobi, Kenya

Landline: (+254) 020 4400218

Email: info@insyncmedia.co.ke

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www.insyncmedia.co.ke

Kenya Property Developers Association... Development brings Development!


R

R

R

FROM THE SECRETARIAT

Dear Reader,

Welcome to the 2015 first issue of ‘The

Developer’s Digest.’

In this issue, we have introduced our

‘Focus on Policy’ page where we

examine current policy issues affecting

our industry. On 18th February 2015,

KPDA held its first CEO Breakfast Forum

with the theme ‘Discerning Capital Gains

Tax.’ Check out the feature on what you

did not know about CGT.

On Wednesday, 25th March 2015, we will

host our Annual General Meeting and

Koroga at Mystique Gardens Restaurant

in Nairobi. Come and support the

Association and get to know what we

have been involved in.

We would also wish to emphasize that

we are proud of our members and their

various achievements, hence will now be

profiling you and your current projects.

This month’s issue features Karibu a directory of our members in good

Homes and Collaboration Engineering

Products and Solutions (CESP). If you

standing. Kindly contact the secretariat

to confirm that you are up to date with

would like to be featured, please drop us your subscription payments to ensure

an email

PG

on admin@kpda.or.ke.

BISON

your firm’s name is included in the next

listing.

KPDA is proud to announce its

collaboration with various international I urge you to connect with us through

and regional sector players to offer you our various social platforms; our website

networking

Panels

and learning opportunities.

Components

www.kpda.or.ke, our twitter handle

Fittings

The 15th to 16th of April 2015 will see @devbringsdev or through our Facebook

the hosting of the East African Property page Kenya Property Developers

Summit 2015 in Nairobi and KPDA is Association.

proud to be a part of the organization

process.

We will also be co-organizing the Africa

GRI Conference to be held in South

Africa from the 21st to the 22nd of

April 2015. We urge our members to

participate in these forums. Check out

pages…

You will also note that we have

introduced a page where we are listing

Your feedback is always welcome

and we encourage you to speak to us

through our secretariat. You can reach us

on admin@kpda.or.ke or via telephone

number 0737-530290.

Here’s to a great month ahead!

Elizabeth

KPDA wishes to welcome our newest members:

glossline

• Coral Property International Ltd Pediment Developers

• Nanyuki Mall Ltd

mited

• Cytonn Investments Ltdd

ucts Limited

eel Africa Limited

KENYA PROPERTY DEVELOPERS ASSOCIATION

Welcome to the KPDA Family!

glossline

FOCUS ON POLICY

CAPITAL GAINS TAX: WHAT

YOU DID NOT KNOW

What is Capital Gains Tax?

Capital Gains Tax (CGT) is a tax chargeable on the whole of a gain which accrues

to a company or an individual on or after 1st January 2015 on the transfer of

property (lands and buildings) situated in Kenya, whether or not the property

was acquired before 1st January 2015. It is not a new tax. It was suspended in

1985 and has now been re-introduced effective 1st January 2015.

Is Capital Gains Tax Final Tax?

The rate of the tax is 5% of the net gain. It is a final tax and cannot be offset

against other income taxes.

Who Is Liable To Pay The Tax?

Any person transferring property, whether resident or non-resident

(Transferor). The transferor can be an individual or corporate body. It also

applies to shares (including listed shares).

When Should Capital Gains Tax Be Paid?

It is a transaction tax and should therefore be paid upon transfer of property

but not later than the 20th day of the month following that in which the

transfer was made. Business Profits are assessed and taxed on the tax payer

upon filing of the annual returns and accounts.

What is Compensating Tax?

Compensating tax is a tax on the distribution of untaxed income. It can arise

from capital gains being one of them and differences between accounting

and tax revenue. Despite the reinstatement of capital gains tax, Kenya has in

place compensating tax.

PG BISON

www.pgbison.co.ke

GLOSSBORD

GL

GLOSSBORD

Compensating tax is a tax on the distribution of otherwise untaxed or low

taxed profits (e.g. capital gains or accounting profits where the company is in

PLY SUPA PLYL

a tax loss). Currently compensating tax is effectively 42.86%.

gloss

Is Capital Gains Taxable in 2015 or 2016?

Capital gains tax is taxable in 2015 when a contract of sale of property is signed.

Upon transfer of property the transferor shall complete the relevant form as

appropriate GLOSSBORD

GLOSSBORD and compute and pay the tax thereon.

a) Form CGT 1 – CGT on Land and Buildings

GLOSSBORD

b) Form CGT 2 – CGT on Marketable Securities (shares, bonds, stocks)

GLOSSBORD

The computations are subject to Commissioner’s confirmation of correct gain

as the basis GLOSS of tax computation.

PG BISON

www.pgbison.co.ke

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Distributors of quality board products, laminate

flooring, furniture fittings and manufacturers of

furniture panel components.

Our product offering is designed to provide interior

solutions to homes, offices, schools, hotels and shop

fitting applications.

Remember to specify our brands by name.

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Kenya Property Developers Association... Development brings Development!

Ready-to-assemble furniture

Are there any Exemptions from Capital Gains Tax?

Certain transactions are exempted as follows: -

a) Income that is taxed elsewhere as in the case of property dealers.

b) Issuance by a company of its own shares and debentures.

c) Transfer of machinery including motor vehicles.

d) Disposal of property for purpose of administering the estate of a

deceased person.

e) Vesting of property in the hands of a liquidator or receiver.

f) Transfer of individual residence occupied by the transferor for at least

three years before the transfer.

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FOCUS ON POLICY

CAPITAL GAINS TAX: WHAT YOU DID NOT KNOW

g) Compensation by Government for property acquired for

infrastructure development.

h) Transfer of asset between spouses as part of divorce

settlement.

i) Sale of land by an individual where the proceeds is less

than Kshs. 30,000.

j) Sale of agricultural land by individuals outside gazetted

townships where the property is less than 100 acres.

k) Exchange of property necessitated by: incorporation,

recapitalization, acquisition, amalgamation, separation,

dissolution or similar restructuring involving one or more

companies which is certified by the Cabinet Secretary to

have been done in the public interest

l) Transfer of investment shares by a body exempted under

Paragraph 10 of the First Schedule

m) Transfer of investment shares by retirement benefits

scheme registered with Commissioner (this does not include

foreign registered retirement schemes)

Does Capital Gains Tax apply on Long Term Leases?

It does apply on long term leases.

In some countries they differentiate short term and long term

leases and how CGT applies.

What Happens When A Loss Is Made?

Capital losses are deductible against Capital gains in the year

of income the losses are made and if not exhausted may be

carried forward and deducted from capital gains in subsequent

years of income - Section 15(3)(f) of the Income Tax Act The 4

year limitation for carrying forward of losses is applicable.

A taxpayer may apply for extension of the period for carrying

forward of losses upon expiry of the 4 years. The application will

be considered by the Commissioner and a recommendation

made to the Cabinet Secretary.

What Is The Comparison With Other Countries?

Uganda – 30%; - Gains from sale of shares in a private limited

liability company

Tanzania – 10% (Residents), 20% (Non-Residents) - Gains on

sale securities is taxed. Exempts sale of shares listed on the Dar

es Salaam Stock Exchange

Rwanda – 30% - Exempt capital gain on secondary market

transactions on listed securities

South Africa – Capital gains from sale of shares is taxable.

RIPLEY’S BELIEVE IT OR NOT! MUSEUM

NIAGARA FALLS,

ONTARIO, CANADA

No, there is nothing wrong with this picture, this

is exactly how the museum of Ripley’s Believe It or

Not! looks like. If you want to visit it, it is located in

Canada, and inside it, you can encounter some of

the weirdest things found on earth.

THE CHURCH OF HALLGRIMUR

(REYKJAVIK, ICELAND)

This amazing building is a Lutheran Cathedral located in

Iceland’s capital city, Reykjavik. It is 74.5 metres (244 ft)

tall, its construction process started in 1945 and ended in

1986. It is said to resemble the basalt lava flows of Iceland’s

landscape.

4

Kenya Property Developers Association... Development brings Development!


OVERVIEW ON KPDA ACTIVITIES

1 st KPDA CEO BREAKFAST FORUM HELD ON

WEDNESDAY 18 th FEBRUARY 2015 AT THE

NAIROBI SERENA HOTEL

OVERVIEW ON KPDA ACTIVITIES

LEFT TO RIGHT: Grace Njoroge of Panda Development Ltd, a KPDA Premium Member; Mucai Kunyiha, Master of Ceremony and KPDA Vice Chairman; Dr.

Laila Macharia from the KPDA Board listens to the proceedings; Patricia Waithera, Business Development Manager - Collaboration Engineering Solutions

and Products (CESP) – Kenya; Jessie Rodrigues, General Manager at East Africa Security Options who were sponsors at the event.

L-R; Humphrey Kinyua (Assa Abloy Ltd), George Wachiuri (Optiven Ltd), Michael Mburugu (PKF Kenya), James Ojee (Kenya Revenue Authority), Hamish

Govani (Chairman KPDA), Mick Murphy (Viva Africa Consulting), Mwenda Thuranira (Director - KPDA), Mucai Kunyiha (Vice Chairman – KPDA), Jesse

Rodriguez (East Africa Security Options Ltd) and Jeremy Holley (East Africa Security Options Ltd).

Nairobi: On 18th February 2015, The Kenya Property

Developers Association organised a consultative

meeting that was well attended by property industry

players to discuss the re-introduction of Capital Gains

Tax and its implementation. The speakers/panellists at

the forum were:

- James Ojee – Actg. Deputy Commissioner –

Technical Support, Kenya Revenue Authority

- Michael Mburugu - Partner, PKF Kenya

- Mick Murphy – Partner, Viva Africa Consulting

- Kenneth Njuguna – Advocate, Anjarwalla &

Khanna Advocates

The forum was very well attended with over 75 KPDA

members participating.

KPDA would like to thank Assa Abloy Ltd and East

Africa Security Options Ltd who were sponsors of

the event.

LEFT TO RIGHT: Jeremy Holley (right), Managing Director, East Africa Security Options (event sponsors) confers with a KPDA member; Some of the

participants during the session.

LEFT TO RIGHT: Guests share a light moment during the breakfast; Irene Wanjiku, CEO Rexe Roofing Products Ltd, a KPDA Member; Humphrey Kinyua,

Sales and Marketing Manager at Assa Abloy Ltd who were sponsors at the event; Clive Davis, Fund Manager at KPDA’s partner organization the Business

Advocacy Fund gives a briefing.

EXTREME LEFT: Members

during the plenary session.

RIGHT TOP: George Wachuiri (left) shares a word with Mwenda

Thuranira of KPDA.

RIGHT: The panel takes questions during the plenary session.

Left-Right; George Wachiuri, James Ojee, Michael Mburugu,

Kenneth Njuguna and Mick Murphy.

Kenya Property Developers Association... Development brings Development!

LEFT: Michael Mburugu

of PKF Kenya (left) and

James Ojee from the Kenya

Revenue Authority.

Kenya Property Developers Association... Development brings Development!

6 7


KPDA MEMBER PROFILE

KPDA MEMBER PROFILE

DEVELOPER PIONEERS DELIVERY OF AFFORDABLE BRICK AND MORTAR

HOMES FOR FAMILIES WITH INCOMES STARTING AT KSH 40,000 PER MONTH

Riverview is a 1,000 home mixed use estate in

Athi River.

Athi category home prices start at Ksh 1.6m for

a one bedroom home.

Tana category homes with enhanced finishes

start at Ksh 3.2m for a two bed.

Why should just the wealthy be able to

buy a home? This is the central question

the team at Karibu Homes posed

themselves. Their goal is to make home

ownership affordable for the majority

of hard working urban families and it

seems they may have found an answer

to their question. With the launch of

their new Riverview community, they

have brought home prices down to as

little as Ksh 1.6m.

At prices like this, the dream of home

ownership could eventually become

a reality for millions of Kenyans. This

was quickly spotted by the crowds of

interested buyers queuing up outside

Karibu’s stand at the recent Kenya Homes

Expo at KICC. In just 4 days roughly half

of the 80 early release homes were

snapped up by interested buyers.

What have these early buyers got for their

money? The homes are of traditional

brick and mortar construction in a

variety of typologies ranging from 1 to

3 bedroom apartments in 3 to 5 storey

blocks. Karibu Homes also believes in

Karibu Homes Riverview - Tana Blocks.

community, as Managing Director, Ravi

Kohli, says: “a home is the focus of family

life so in addition to providing a modern

and secure environment, with security

facilities, water storage and boreholes,

street lighting and cabro roads, we

will also be providing a shopping

centre, nursery school and playground,

basketball courts and community centre

- all the necessary infrastructure and

facilities for the Riverview community to

flourish.”

The well known adage goes “there

are three things that matter most in

property: location, location, location”.

Karibu Homes Riverview is located in

Athi River, 1km up the Muthongoni

Road from the Mombasa Road.

As the name suggests, the estate

sits on a bank of the Athi River and is

overlooked by the Lukenya Hills. There

are numerous residential developments

in the neighbourhood, all of which are

higher priced.

Athi River itself is a key area of focus for

Vision 2030’s development of Nairobi

Metropolitan, with the government

facilitating urban spread from Nairobi

centre along the Mombasa Road to Athi

River. The developers believe this area is

set for considerable growth and it has

already changed susbtantially in recent

Karibu Homes Parktel Limited

P.O.Box 40063-00100, Nairobi, Kenya

info@karibuhomes.com

www.karibuhomes.com

Tel: +254-0705 151515

years. According to Hass Property Index

the average price of a home in Athi River

is now Ksh 6.9m, up 28% in just two

years.

Karibu Homes has managed to achieve

low prices in a popular, growing location

through scale and segmentation.

“Although lower prices mean lower

returns per home, they also mean we

reach a much larger market.

By constructing over 1,000 homes we are

able to spread costs over a large number

of homes and achieve economies of

scale that smaller developments cannot

achieve,” says Mr Kohli.

Karibu Homes has segmented its homes

into two categories to meet the different

requirements of customers: Athi and

Tana homes. Its Athi homes, comprising

1, 2 and 3 bedroomed apartments have a

more basic standard of finish that allows

the developer to keep prices low and

gives the buyer the option to upgrade

finishes at their leisure in the future.

Its Tana homes, comprising 2 and 3

bedroomed homes are aimed at those

looking for a higher quality. They have

enhanced finishes with tiled floors

throughout and fitted cupboards. Prices

start at Ksh 3.2m for the 2 bedroomed

version.

Creating affordable housing is not

just about the price of the home, it is

also about access to finance for what

is inevitably the most expensive thing

most of us will ever buy. Karibu Homes

has been working with traditional

providers of mortgage finance to enable

this. “In addition,” explains Mr Kohli,

“many Kenyans in our target market, who

have a household income of Ksh 40,000

to 140,000 per month, have access to

alternative funding. Some SACCOs,

home buying co-operatives, company

schemes, chamas and pension funds

provide access to loans at interest rates

ranging from 4% to 12%. This can have a

significant impact on affordability.”

Co-Founder, Irfan Keshavjee, who also

runs the well known White Rose chain of

dry cleaners, says Karibu Homes’ vision is

to help change the urban landscape of

Kenya by lowering the first rung of the

property ladder so that it is within the

reach of the majority of urban families.

“Most people dream of owning their

own home, we want to turn this dream

into a reality for as many people as

possible.”

Karibu Homes brings together a

multinational group of developers

and investors dedicated to providing

hard working families with affordable,

well-constructed homes in thriving

communities. The company is backed

by Blue Haven Initiative, a large scale US

impact fund, MDHI, one of Delhi’s biggest

property development companies, and

other experienced property investors

from the UK and Kenya.

Dipank Sharma, Chairman of Karibu

Homes and Managing Director of

MDHI, who deliver mega real estate

projects in India, notes that the

demographics favour the sector. With

over half the population aged 18 or

less and projections indicating that half

the population will be urban by 2030,

the migration to urban centres, which

are the best source of employment,

will continue. Nairobi and its environs

will benefit from this. Elaborating, Mr

Sharma says “the spread of urbanization

from Nairobi to Athi River reminds me

of what happened in Delhi. We took

advantage of this to make a success of

our business in India and our research

tells us that Kenya will boom over the

next decade, so I am keen to help this

happen.”

For more information:

Visit www.karibuhomes.com or Call 0705 151515

Karibu Homes Riverview - Athi 3 Beds Blocks E & F in progress.

A BETTER HOME. A BETTER LIFE.

Athi River 1, 2, 3 BEDROOM HOMES from Ksh 1.6 Million

Call our agent Fortress Consulting

Tel. 020 258 5020 or 020 210 5724

Mob. 0727 586323 or 0786 586323

info@karibuhomes.com

www.karibuhomes.com

8 9


KPDA MEMBER PROFILE

KPDA MEMBER PROFILE

Our Mission

To provide our clients with precise engineering solutions and products

that meets international standards and is environmentally friendly.

Water Technologies

Our portfolio consists of both domestic and commercial projects and we are currently market leaders in the water solutions industry.

Our major projects in Kenya including but not limited to:

Two Rivers Development Project (Centum) – Northern Bypass, Nairobi

Enashipai Resort & Spa – Naivasha

Sarova Hotels - Lion Hill Camp, Nakuru

GEMS Cambridge International School - Karen

Garden City Retail and Residential Mall – Thika Road

The HUB Karen Shopping Mall – Karen

ABOUT CESP Kenya Limited

CESP is a Kenyan based and owned firm that specializes in water

technologies - drinking Water Purification, Waste Water Treatment

solutions and Bulk Steel Water Storage Tanks; Solar Energy - Solar

Photovoltaic Systems, Solar Water Heating Systems and Street Lighting

Systems.

CESP Vision

To be the leading engineering solutions provider of choice in Africa.

Our competitive advantage of great quality systems, local expertise on installation and maintenance allow us to be the undisputed

market Leaders. CESP offers assistance with design, engineering and construction as well as 24/7 tech support, plant startup

commissioning and operator training. CESP will custom design any project to your specific needs.

We provide water solutions that ensure clean safe drinking water, bulk durable water storage tanks for easy access by communities

and water treatments systems enabling recycling of sewage water used for affordable irrigation by communities. Commercial and

residential home units recycle water thereby cutting costs of water used outside the home by over 50%.

CESP provides water Purification and filtration systems for commercial and domestic/office use. Under Domestic /office, CESP

provides the 6-stage Reverse Osmosis purification system that turns normal tap/borehole water into 100% pure drinking water by

removing all salts, bacteria and viruses from the tap/borehole water.

A: CESP Wastewater Treatment Systems

The Jet commercial waste-water treatment plant allows for the safe treatment of

waste-water of large scale & residential developments.

CESP treat the waste water collected by use of bacteria, whose purpose is to feed on the waste.

These bacteria need oxygen for survival, hence we have technology that ensure that the

levels of oxygen are high in the water. Hence the name EXTENDED AERATION WWTP.

This water is esp. useful in Landscaping and general maintenance subsequently lowering

service charges.

The sizing of the plants is from 4000 gallons/day-to the clients required size.

Reverse Osmosis is a treatment process for the removal of all dissolved solids and bacteria

to provide totally pure water by pressurization through semi permeable Membrane.

Tel: 0202509854 / 0715-281537 / 0712627593

Email: info@cespkenya.com / Website: www.cespkenya.com

B: CESP Water Purification Systems

C: CESP Water Storage Systems

The Jet commercial waste-water treatment plant allows for the safe treatment of

waste-water of large scale & residential developments.

CESP treat the waste water using the EXTENDED AERATION process. Which Involves the use

of bacteria, whose purpose is to feed on the waste.These bacteria need oxygen for survival,

hence we have technology that ensure that the levels of oxygen are high in the water.

This water is useful in Landscaping, irriagation and general maintenance; subsequently

lowering service charges.

The sizing of the plants ranges from 4000 gallons/day-to the clients required size.

Reverse Osmosis is a treatment process

for the removal of all dissolved solids

and bacteria to provide 100%pure

water by pressurization through semi

permeable Membrane.

The under sink reverse osmosis system

has been designed for quick, simple

installation and maintenance. It is

useful for domestic and small-scale

applications.

Benefits of Commercial system include:

Expandable capacity, automation thus

less human dependence, Low running

costs and Chemical free purification

making them highly applicable for

large residential developments and

community initiatives.

The Pioneer steel water tanks

are made from hand-picked

steel of the highest quality

and have a long life polymer

coating on the inside of the

tank walls and on both sides

of the base.

On the inside, the tanks have a liner (AQUALINER® water storage liner is

certified to ANSI/NSF 61, NSF Certified Drinking Water Components, for

quality water) which ensures strength; flex resistance, abrasion

resistance, chemical resistance, water proofing and leak proof.

The tanks can be constructed in modules of 6,000- 2.66 million litres and

are designed to suit rural or commercial applications.

CESP Solar Energy Systems

A: Solar Photovoltaic Systems

They are a safe, reliable, low-maintenance

source of solar electricity that produces no

on-site pollution or emissions.

B: Solar Water Heating Systems

They are of the Open Loop thermo syphon

type with the water flow circulating through

the collectors and being stored in the tank

ready for use. They are effective and robust

products designed for many years of trouble

free operation with a 5 year guarantee to

demonstrate the product quality.

C: Solar Photovoltaic Systems

Use a solar panel to harness renewable

electricity from the sun and stores this energy

in batteries. The pole holding the LED

streetlight also holds the solar panel

and other components.

Location: 2nd Floor, ABC Bank Building Daresaalam Road, Industrial Area, Nairobi, Kenya.

10 11


NCA WOMAN CONTRACTOR OF YEAR AWARDS 2014 NCA WOMAN CONTRACTOR OF YEAR AWARDS 2014

Kenya Property Developers Association... Development brings Development!

Kenya Property Developers Association... Development brings Development!

12 13


NCA WOMAN CONTRACTOR OF YEAR AWARDS 2014

THE EAST

AFRICAN

PROPERTY

INVESTMENT

SUMMIT

KPDA PARTNERSHIPS

KPDA COLLABORATES WITH

THE AFRICA GRI 2015 SUMMIT

Africa GRI 2015 21-22 April Johannesburg, South Africa

The East Africa Property

Investment (EAPI) Summit is the

leading commercial property

event for discussion and

networking centred around the

growing real estate sector in East

Africa.

This year’s EAPI event will be

held on the 15th to the 16th

of April at the prestigious Villa

Rosa Kempinski Hotel in Nairobi,

Kenya. The EAPI Summit focuses

on the opportunities created

by the overwhelming and

sustainable real estate growth

and structural changes witnessed

in the region over the past

decade.

The EAPI Summit provides a

valuable opportunity to interact

with the best real estate minds

in the business. Delegates get

an unrivalled perspective of real

estate investment, development

and management in East Africa

from the highest caliber of

speakers and delegates active on

the region.

Whether through informative

networking sessions, vigorous

debates or hands-on site tours,

the EAPI Summit provides

the perfect opportunity to

understand and engage in the

latest commercial property

trends!

We encourage all our members

to make their reservations.

Please note that up to date KPDA

Members will receive a special

discounted rate.

Africa’s most senior real estate investment meeting

The Global Real Estate Institute is a global club of leading investors, developers and

lenders active in real estate. For the last 17 years, we have been bringing together the

world’s CEOs, Heads of Real Estate & Chairmen for informal discussions where they

engage and brainstorm the latest trends of the market, and leaving each event with

confirmed purpose and new partners.

Over 100+ co-chairs in the program including:

• Hakeem Belo-Osagie, Chairman, Etisalat, NIGERIA

• Bonang Mohale, Chairman Africa, Shell, SOUTH AFRICA

• Ronald Chagoury Jr., Vice Chairman, South Energyx - Eko Atlantic City , NIGERIA

• Israel Kaboga, Group Chairman & CEO, Nile Investment Group, USA

• Faisal Khan, Managing Director - Real Estate Investments, Abraaj Group, UAE

• Luis Zhengyi, Executive Director, China-Africa Development Fund, CHINA

• Roland Agambire, Group Chairman, AGAMS Group of Companies , UAE

• Hakeem Ogunniran, Managing Director, UACN Property Development, NIGERIA

• Victor Sodala, CEO, Pylos, ZAMBIA

• W. Britt Gwinner, Head of Housing Finance-Financial Institutions Group, IFC - SSA, KENYA

• Louis Deppe, Director Real Estate, Actis, SOUTH AFRICA

• Frans Van Der Colff, Head of Africa & International, Fruit & Veg City, SOUTH AFRICA

• Al Karim Hamir, Chairman & Managing Director, Prime Assets, TANZANIA

• Jameel Verjee, Founder & Chief Executive, Diar Capital, UAE

• Johan Van Der Walt, Real Estate lead in Africa/NAMET, Unilever, UK

• Warren Schultze, CEO, Eris Property Group, SOUTH AFRICA

• Jonathan Jackson, Chairman, Lordship Africa, KENYA

Over 16+ discussions including:

• East Africa : Is Kenya still Africa’s success story? And how to move to the next level

• Equity Markets: appetite of foreign investors, asset availability

• Debt Market: which banks are lending and what do they want to see from developers?

• Lusophone Africa: are Angola and Mozambique the new jewels in the Africa crown?

• Hotels & Hospitality: where are the new frontier of development in Southern, East and

West Africa?

• Residential: Where are residential projects booming in Eastern Africa?

• Offices: can returns be maintained amidst the relentless expansion?

• Retail & Logistics: Retail revolution happening in East Africa?

Connect - Build lasting relationships – Find new partners

“Africa GRI allows international investors to explore the new opportunities in Sub-

Saharan African markets” - Carlo Matta, CEO, Laurus Development Partners, Ghana

KENYA PROPERTY DEVELOPERS ASSOCIATION

KPDA Official Industry

Partner with Africa GRI

Kenya Property Developers Association... Development brings Development!

Kenya Property Developers Association... Development brings Development!

14 15


DIRECTORY OF KPDA MEMBERS

DIRECTORY OF KPDA MEMBERS

KPDA MEMBERS IN GOOD STANDING AS AT 27 TH FEBRUARY 2015 KPDA MEMBERS IN GOOD STANDING AS AT 27 TH FEBRUARY 2015

PREMIUM MEMBERS

CORPORATE MEMBERS

VISHWA DEVELOPERS LTD (Property developer)

DG Oasis, South C, Muhoho Road, South C

P. O. Box 76268 - 00508 NAIROBI. Tel: 0722-206 971

TRIDENT ESTATES LIMITED (Real estate developer)

Fortis Tower - 10th floor,Woodvale Grove westlands

P. O. Box 17592 - 00500 NAIROBI

Tel: 0737-040 992/ 0700-002 222

Website: www.tridentestates.co.ke

BROLL KENYA (Property development)

Fedha Plaza, Mezzanine Floor, Junction of Parklands and

Mpaka Road, Westlands

P. O. Box 52727 - 00100 NAIROBI

Tel: 0712-668 448/020-374 3066/0736-922 999

Website: www.broll.co.ke

PROPERTY MANAGERS LTD (Real estate managers)

Rhapta Road, Opposite Liza Apartments

P. O. Box 44342 – 00100 NAIROBI. Tel: 0728-762 370

KENYA BUILDING SOCIETY LTD (Property developer)

Rehani House, Junction of Kenyatta Avenue and Koinange

Street. P. O. Box 30088 - 0100 GPO NAIROBI.

Tel: 020-3262129/ 3262390

Email: customer.service@housing.co.ke

Website: www.housing.co.ke

PANDA DEVELOPMENT COMPANY LTD / ABERDARE GOLF

RESORT (Property Developer)

Aberdare Hills Golf Resort, Naivasha

P. O. Box 46235 - 00100 NAIROBI.

Tel: +254 7160590 643/ 0723-030721/ 0717-705975

Website: www.aberdarehills.com

REXE ROOFING PRODUCTS LIMITED

(Building materials manufacturer)

Menelik Lane, Kirichwa Road. P. O. Box 17225 - 00100 NAIROBI.

Tel: 0721-227 080 / Website: www.rexeroofing.com

PHATISA GROUP/PAN AFRICAN HOUSING FUND

(Real estate private equity fund)

7th Floor, Longonot Place, Kijabe Street, NAIROBI.

Tel: 0700-152 324 / 020-2327657. Website: www.phatisa.com

REDCORAL PROPERTIES LTD (Property consultants)

4th Floor, Maksons Plaza, Parklands Road

P. O. Box 39542 – 00623 NAIROBI. Tel: 0734-244 713

Website: www.coralpropertykenya.com

KARIBU HOMES (Consulting firm)

30 Kyuna Crescent. P. O. Box 40063 - 00100 NAIROBI.

Tel: 0722-837 800/0705-151 515/020 4440661/2/3

Website: www.karibuhomes.com

ANJARWALLA & KHANNA ADVOCATES (Law firm)

ALN House, Eldama Ravine Gardens , Off Eldama Ravine Road

P. O. Box 200 - 00606 NAIROBI. Tel: 020 3640000 /0703-032 000

Website: www.africalegalnetwork.com

SUPERIOR HOMES KENYA (Unique lifestyle development firm)

Greenpark Estate (past Top Tank) Athi River, Mombasa Road

P. O. Box 15992 - 00100 NAIROBI.

Tel: 020-3579100/1 / 0724-253 267

Website: www.superiorhomes.co.ke

MENTOR GROUP LIMITED

(Real estate consultancy and project management)

Rhapta Road, New Rehema Building, 6th Floor, Westlands P. O.

Box 66331 – 00800 NAIROBI.

Tel: 020-3744903/4 /2324991/ 0722-955 014

Website: www.mentorgroup.co.ke

MENTOR MANAGEMENT LIMITED (MML)

(Construction, project and development management firm)

2nd Floor, The Courtyard, General Mathenge Drive, Westlands

P. O. Box 62899 - 00200 NAIROBI.

Tel: 020-2324991/3744903/4 / 0706-579 790

Website: www.mentor-ea.com

MANRIK GROUP (Real estate firm)

Off Raphta Road. P. O. Box 45403 - 00100 NAIROBI.

Tel: 020-4442100/2

NATUREVILLE HOMES

(Real estate developer)

Lenana Road, next to the Nigeria High Commission

P. O. Box 47369 - 00100 NAIROBI

Tel: 0722-888 271. Website: www.natureville.net

STEEL AFRICA LIMITED (Building materials manufacturer)

Empress Office Suites, 3rd Floor, Ring Road Parklands P. O. Box

62337- 00200 NAIROBI.

Tel: 0726-859 613 / 020-2122043/4

PEDIMENT DEVELOPERS (Property developer)

Century Apartments, Rose Avenue - Ngong Road.

P. O. Box 15509 NAIROBI. Tel: 0722-984 191

KOTO HOUSING KENYA (Housing and building firm)

Koto House (Formely the People Printing House), Mombasa

Road (Mlolongo, Machakos County)

P. O. Box 52494 - 00200 NAIROBI. Tel: 0789-808-991

Website: www.kotohousingkenya.co.ke

PARAGON ARCHITECTS (Design and architectural firm)

1st Floor.33 Fricker Road. Illovo Boulevard Sandton 2196

Johannesburg South Africa

P. O. Box 2621 Houghton 2041SOUTH AFRICA.

Tel: +271-14823781. Website: www.paragon.co.za

SJR PROPERTIES LTD / SKY MANAGEMENT

(Property developer)

Off Enterprise Road, Road C

P. O. Box 38027 - 00623 NAIROBI. Tel: 0722-259344

Website: www.sjr-properties.com

J.D MURIMI & CO. ADVOCATES (Law firm)

2nd Floor, Electricity House, Harambee Avenue

P. O. Box 54052 - 00200 NAIROBI.

Tel: 020 – 2227701

OAK PARK PROPERTIES LTD (Real estate developer)

Vision Plaza, Mombasa Road. P. O. Box 10104 - 00100 NAIROBI.

Tel: 0734-342 326/020-2712654

Website: www.oakparkltd.com

AFRICA METRO CAPITAL/SCION REAL ESTATE LTD

(Advisory and investment firm)

Block A, 1st Floor, Regnum Center Methodist Ministries Center

Oloitoktok Rd, Valley Arcade. P. O. Box 10075 – 00100 NAIROBI.

Tel: 020-3862333 or 020-2329412

Cell: 0733-271 198 ,E-mail: admin@scionreal.com

Website: www.scionreal.com

CAMELOT CONSULTANTS/LANTANA HOMES LTD

(Consulting firm)

Brookview Apartment, Elgeyo Marakwet Road. P.O. Box 14533

– 00800 NAIROBI. Tel: 0721/734 - 322 322 / 020-3872161

KZANAKA LIMITED (Land developer)

Cooper Centre, Kaptagat Road off Waiyaki Way

P. O. Box 40596 – 00100 NAIROBI. Tel: 0736-514 852

Website: www.coopers.co.ke

CHIGWELL HOLDINGS LIMITED (Property developer)

Maksons Plaza, 4th Floor Parklands Rd, Westlands (Next to

Victoria Courts) P. O. Box 39542 – 00623NAIROBI.

Tel: 0733-608 053/0733-603 982

BAMBURI CEMENT LTD (Building materials manufacturer)

6th Floor, Kenya Re Towers, Upperhill

P. O. Box 10921 - 00100 NAIROBI.

Tel: 020-2892529/ 0717-581 420 / Website: www.lafarge.co.ke

BRITAM (Insurance and asset management firm)

Britam Centre, Junction of Mara and Ragati Road, Upperhill

P. O. Box 30375 - 00100 NAIROBI.

Tel: 0703-094 000 / 020-2833000 / Website: www.britam.co.ke

KINGS DEVELOPERS LTD (Real estate developers)

Royal ICT Business Park, Mombasa Road

P. O. Box 18215 - 00500 NAIROBI.

Tel: 020-2044619/20

Website: www.kingsdevelopers.com

QUESTWORKS LTD (Design building firm)

Block C, First Floor, Suite 10, Crawford Business Park, State

House Road P. O. Box 18724 - 00500 NAIROBI.

Tel: 0712-227 388 / 0724-583 351

Website: www.questworks.co.ke

OPTIVEN LIMITED (Real estate company)

Barclays Plaza Loita Street 14th Floor Wing A

P. O. Box 623 - 00600 NAIROBI.

Tel: 0706-618 141 / 0716-605 410.

Website: www.optiven.co.ke

BAHATI RIDGE DEVELOPMENT LTD (Property developer)

Off Gatanga Road, Thika. P. O. Box 47739 - 00100 NAIROBI.

Tel: 0717-049 644 / 0737-149 644 / 020-815 5380

Website: www.bahatiridge.co.ke

NANYUKI MALL LTD (Shopping mall)

Kenyatta Highway, Nanyuki. P. O. Box 42093 - 00100 NAIROBI

Tel: 0735/720-510 000/0721-486 365/020-2726870

Website: www.nanyuki.com

AMS PROPERTIES LTD (Property developer)

Eden Square, 6th Floor, Block 1, Westlands Road

P. O. Box 10713 - 00100 NAIROBI

Tel: 020 3660000/ 0722-828 501/ 0733-612 241/

0737-267267/ 0715-267 267

Website: www.amsproperties.co.ke

BLUELINE PROPERTIES LTD (Property developer)

Wendy Court Unit 10, David Osieli Road, Westlands

P. O. Box 18689 - 00500 NAIROBI.

Tel: 0722-446 055/020-4441195

Website: www.blueline.co.ke

COUNTY HOME DEVELOPERS LTD/ RUNDA VIEW LTD

(Property developer)

New Muthaiga Shopping Mall 2nd Floor, Office 9,

Thigiri Ridge Road off Peponi Road.

P. O. Box 14283 - 00800 NAIROBI.

Tel: 0702-523 116 / 0722-670 320

MY SPACE PROPERTIES LTD (Real estate developer)

Mombasa Trade Centre (Southern Wing), 5th Floor

P. O. Box 2405 - 80100 MOMBASA.

Tel: 0722-442 077/0734-555 556

Website: www.myspace.co.ke

CYTONN INVESTMENTS LTD Advisory and investment firm

3rd Floor Liaison House, State House Avenue

P. O. Box 20695 – 00200 NAIROBI.

Tel: 020 - 4400420 / 0714 830 744.

Website: www.cytonn.com

ACORN GROUP LIMITED (Real estate development)

2nd Floor, Acorn House, James Gichuru Rd, Lavington, Nairobi

P. O. Box 13759-00100 NAIROBI. Tel: 020-2592671 or

020-2592672. Website: www.acorngroupafrica.com

KNIGHT FRANK KENYA LIMITED

(Commercial and residential property managers)

Lions Place, Ground Floor, Waiyaki Way. Dropping Zone: No. 65

Revlon Plaza. P. O. Box 39773- 00623NAIROBI.

Tel: 020-4239000/4440174-6. Website: www.knightfrank.co.ke

COLLABORATIONS ENGINEERING SOLUTIONS &

PRODUCTS (Engineering firm)

ABC Bank Building, Dar es Salaam Rd, Industrial Area P. O. Box

7607, 00100 NAIROBI. Tel: 0713-944 769 / 0715-281 537

Website: www.cespkenya.com

LIMOJADE MANAGEMENT LTD (Property developer)

4th Floor, Soin Arcade, Westlands Road, Westlands

P. O. Box 5322 - 00506 NAIROBI.

Tel: 0722-512 381 /020-2690804/5 / 0700-326 762

Website: www.limojade-management.com

TATU CITY LTD (Urban developer)

Off Ruiru, Kiambu Rd, Ruiru P. O. Box 2739 - 00621 NAIROBI.

Tel: 020-5131000 / 0708-555 555. Website: www.tatucity.com

CORAL PROPERTY INTERNATIONAL LTD

(Property consultants)

Peponi Plaza, Office No: B-0, Peponi Road

P.O. Box 38568 – 00623 NAIROBI. Tel: 0722-513 301

Website: www.coralpropertykenya.com

AXIS REAL ESTATE LIMITED

(Property agents and valuers)

The Rahimtulla Tower | No 8, Upper Hill Road

P. O. Box 10730-00100 GPO NAIROBI.

Tel: 020-2724848/0722-203 032

Website: www.axisre.co.ke

Kenya Property Developers Association... Development brings Development!

Kenya Property Developers Association... Development brings Development!

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UN HABITAT

CLIMATE AND ARCHITECTURE

CLIMATE AND ARCHITECTURE

UN HABITAT

The environment and its climatic

conditions profoundly affects human

development and behaviour. Man

responds to buildings, landscapes,

trees and other elements as much as

he responds to social experience. Each

environment or site exhibits uniqueness

of weather statistics and characteristics.

A shelter or a building is designed to

protect its occupants from the adverse

conditions of the weather.

As we choose our clothing according to

the seasons, buildings’ envelop should

be designed to respond to its microclimate.

Green building design strategies

address each of the following climatic

data: temperature, solar radiation,

relative humidity, rainfall and wind.

The way buildings are planned and

designed has a direct implication on

the energy consumption, hence they

have a strong potential to negatively

or positively impact two important

elements of everyday life: our

environment and energy bills.

Their contribution to climate change

mitigation on greenhouse gas emission

is directly related to the way they are

designed in relation to local climate,

the site specific characteristics and

the embodied energy of the entire

construction process.

Other characteristics that influence the

buildings include: topography, presence

of water bodies, surrounding buildings,

vegetation etc. The influence of the sun

should be understood and respected

by designers of passive solar buildings

in which the sun’s free energy is used

in the building for lighting and heating,

but will not interfere with the occupants’

comfort.

The modern building seems however

not to take into consideration the

relationship between man and his

behavioural response to the external

climatic elements. They have been

increasingly designed as copies of

western standards with no consideration

to the local climate thus the modern

design separates the inside from the

outside as much as possible, increasingly

relying on mechanical devices and

systems to do much of the work.

The first step in creating comfort

and thermal delight in buildings is to

understand the relationship between

the climate and our need for shelter.

Buildings are exposed to a wide range

of weather parameters throughout the

year. This influences the way they should

be designed in relation to their location.

Climatic regions in Kenya

Climatic conditions in Kenya differ from

region to region and are divided into five

main distinct climatic regions:

1. Hot and Humid: It is considered as

a 0-100km wide strip from the ocean

coast. In the hot season, the temperature

is about 32°C; The temperature lowers as

we move into the mainland and can drop

to 28° C; Average annual precipitation:

900-1250mm of rain; Solar radiation

is around 5.0-5.4 kWh/m2. It lowers as

you move away from the coastline to

4.5 kWh/m2; Humidity is approx. 80%

around the coastline and 65%-72% as it

moves inland. (Mombasa, Malindi and its

environs)

2.Hot Semi-arid/Savannah: The altitude

ranging from 500m-1000m in semiarid

areas and rises up to 1500m in the

savannah plains. In the hot season, the

temperature are about 29°-31° C and

can rise up to 33° C in semi-arid areas;

The rainfall ranges from 500mm-750mm

in semi-arid areas to 1000-1500mm

in savannah regions; Solar radiation is

around 6.3 kWh/m2; Humidity: 65%

but can go as low as 42% in parts of the

savannah plains. (Isiolo, Thika, Machakos,

Mavoko)

3. Hot Arid: These include areas with

altitudes ranging from 0m-500m. In

the hot season the temperature are

about 36° C; Average Annual Rainfall:

0-500mm; Solar radiation is around

7.0 kWh/m2; Humidity: 40%. (Garissa,

Turkana, Marsabit)

4. Highland / Upper highland: This

climate describes areas with altitudes

above 1500m. In the hot season, the

temperature are about 26°-27° C;

Average Annual Rainfall: 1250mm+;

Solar radiation is around 6.0-7.0 kWh/

m2 but can drop to 5.3 kWh/m2 in very

high altitude areas; Humidity: 65%-80%.

(Nairobi, Eldoret, Kitale, Meru, Nakuru)

5. Lake Region: This climatic describes

a 0-25km wide strip along lake shores.

In the hot season the temperature are

about 28°-29° C; Average Annual Rainfall:

1200mm+; Solar radiation is around 5.5

kWh/m2; Humidity: 60%-70%. (Kisumu,

Kakamega, Homabay)

Given these varied climatic zones, it is

therefore clear that different regions

require specific design solutions. There

is no model solution that can be applied

across the board.

Well-designed buildings according to

the different climatic conditions in the

country can passively respond to the

adversity for thermal comfort by using

its positive values (such as allowing in

air movement for natural ventilation

and daylight for natural lighting) and

keeping away the adverse elements

(such as protection against solar

radiation).

Climate is an essential consideration in

the process of architectural design and

has a major effect on the performance of

a building and its energy consumption.

Knowledge of climatic conditions

therefore helps building professionals to

develop appropriate responsive designs

and consequently select suitable

materials that meet climatic constraints.

Considering the importance and

scale of the construction industry, this

represents an important step for climate

change adaptation and mitigation.

A good integration of climatic data

associated with environmentally sound

building design measures could save up

to 70 % of energy in buildings.

NOTES:

1. Thermal comfort is described as

a person’s condition of mind which

expresses satisfaction with the indoor

and outdoor environment. Factors

affecting thermal comfort include air

temperature, radiation, air velocity,

humidity, clothing and metabolic rate

(activity)

2. The bioclimatic chart shows

temperature vs humidity and can be

used to determine human thermal

comfort and design strategies required

for a particular climatic zone.

Wind Rose

A wind rose diagram shows the

wind directions in a particular

location. This is useful to create

natural ventilation

EXAMPLE: GUIDELINES FOR BUILDING IN NAIROBI

Climatic Zone: Highlands

CLIMATIC CHARTS

Temperature

Maximum and minimum temperatures are key factors for thermal comfort.

Solar Radiation

The intensity of the solar radiation influences the building heat gains.

Relative Humidity

Maximum and minimum relative humidity determine the dryness of the

atmosphere and the feeling of warmth or cold.

Kenya Property Developers Association... Development brings Development!

Kenya Property Developers Association... Development brings Development!

18 19


UN HABITAT

CLIMATE AND ARCHITECTURE

EXAMPLE: GUIDELINES FOR BUILDING IN NAIROBI

Climatic Zone: Highlands

Climatic Charts

KENYA PROPERTY DEVELOPERS ASSOCIATION

The Developer’s

Digest

A KPDA PUBLICATION

Rainfall

Monthly rainfall influences the relative humidity and is useful for designing

water rain harvesting systems.

Sun Path

The sun path of a particular

location is crucial for designing

proper sun shading devices.

According to the climatic data for Nairobi,

a green building should observe:

• Building orientation with main

façades facing North-South.

• Natural ventilation should be

provided making use of the prevailing

winds from NE-E direction.

• Natural lighting in all the rooms but

preventing solar radiation will reduce

energy consumption.

• Protection of windows from direct

solar light but allowing some solar

radiation to enter the building in the

colder season from May to September

will enhance passive heating.

• High thermal capacity walls (made of

stones or bricks) are very appropriate

to assist passive heating during the

colder season.

This article was prepared by KPDA’s partner - UN-Habitat’s Urban Energy Unit - under the programme “Promoting Energy

Efficiency in Buildings in East Africa.” The programme aims of mainstreaming energy efficiency (EE) measures into housing

policies, building codes, and building practices in East Africa and to achieve considerable avoidance of GHG emissions as a

result of improved building practices.

UN-Habitat is also offering free technical advice on upcoming projects and designs to ensure that they are sustainable and

affordable.

For further information on other climatic zones, go to http://www.eebea.org/

For further information on the technical advice, contact ruth.maina@unhabitat.org

MEDIA PACK 2014/2015

The Developer’s Digest is a bi-monthly

e-newsletter supported and published

by the Kenya Property Developers

Association and designed by Insync

MEDIA Limited. It targets the various

players in the property industry in

Kenya and highlights a wide spectre

of issues affecting our members, other

professionals, manufacturers and both

private and public sector players in the

industry. We seek to encourage positive

dialogue and development.

The Developer’s Digest is filled with

current industry news, updates on

the Association’s ongoing activities,

views, interesting facts and specialty

advertising messages.

WHY ADVERTISE THROUGH THE

DEVELOPER’S DIGEST?

We offer a unique, flexible, converged

media mix that helps advertisers

communicate their message effectively.

This includes our website, e-newsletter,

social media platforms and focused

events (such as our training and

networking forums as well as our social

interactive sessions).

We keep track of our readership and

are sensitive to emerging issues in the

industry.

It is a free and interactive online

publication.

It is a free downloadable Mobile App

onto any mobile device.

We at The Developer’s Digest will work

with you to create the most effective

multi-platform advertising strategy

that will ensure you reach your targeted

consumer every direction they look.

After all, the distance between you and

your consumer, is no longer a straight

line.

The Developer’s Digest will also offer

you advertising on our website with a

direct link to you and your company’s

website. Please contact the KPDA

Senior Administrator, Elizabeth Mwangi

for further information on admin@

kpda.or.ke.

RATES PER TWO MONTH PERIOD

Quarter (1/4) page: Kshs. 20, 000

Third (1/3) page: Kshs. 30, 000

Half (1/2) page: Kshs. 45, 000

Full page: Kshs. 60, 000

DIGITAL INPUT/MECHANICAL

REQUIREMENTS — BANNERS

The artwork should be submitted in

jpg/png format; with a resolution of 72

dpi; color calibration RGB and the image

shouldn’t be above the size 30KB.

NOTE: PDF/X 1-A or Adobe® Acrobat®

distilled PDFs. PDFs exported from

Photoshop are discouraged and can lead

to less than desirable results.

DIGITAL INPUT/MECHANICAL REQUIREMENTS — ADVERTS

SIZE WIDTH DEPTH

1/4 page (horizontal) 184.5mm 65mm

1/4 page (vertical) 90mm 125.5mm

1/3 page (horizontal) 210mm 90mm

1/3 page (vertical) 68mm 270mm

1/2 page (horizontal) 210mm 139mm

1/2 page (vertical) 105mm 265mm

Full page 210mm 297mm

ADVERTS SUBMISSION:

The adverts should be submitted as Adobe PDF files with the above

specific measurements for the desired advert and NOT a flat image PDF

exported from Photoshop.

ONLINE ADVERTISING TERMS & CONDITIONS:

Payment is due within 15 days from when an invoice is issued. Banner ads may be pulled if account

balances are not paid by the due date. As space is limited, banner ads are sold on a first come, first

served basis. All advertising is accepted subject to the publisher’s approval upon determination

that the products or service advertised are in keeping with The Developer’s Digest’s philosophy.

Kenya Property Developers Association... Development brings Development!

Kenya Property Developers Association... Development brings Development!

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