09.10.2019 Views

The Developer's Digest, July - September 2019 Issue

  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

july - september <strong>2019</strong> ISSUE<br />

TOPIC OF THIS ISSUE:<br />

<strong>The</strong> Challenging Kenyan<br />

Economy: Prospects in Real Estate


April - june <strong>2019</strong> ISSUE<br />

Focus on Policy<br />

<strong>July</strong> - <strong>September</strong> <strong>2019</strong> ISSUE<br />

18<br />

Message from the CEO 4<br />

Have Your Say 14<br />

Gallery of Events 18<br />

KPDA Register of Members 22<br />

NCCG Building Permitting Approvals 29<br />

20<br />

KPDA secretariat<br />

Chief Executive Officer<br />

Elizabeth Mwangi – Oluoch<br />

Fatima Flats, Suite 4 B,<br />

Marcus Garvey Road<br />

Off Argwings Kodhek Road, Kilimani Area<br />

P. O. Box 76154 - 00508, Nairobi, Kenya<br />

Tel: +254 737 530 290<br />

+254 725 286 689<br />

Email: ceo@kpda.or.ke<br />

Website: www.kpda.or.ke<br />

Finance and Administrative Officer<br />

Vincent Mwango<br />

Membership Relations Officer<br />

Cynthia Wakio<br />

Communications Intern<br />

Eric Oyier<br />

Research Support Intern<br />

Stephen Kigweru<br />

TOPIC OF THIS ISSUE:<br />

January - march <strong>2019</strong> ISSUE<br />

<strong>The</strong> Importance of Effective<br />

Urban Planning and<br />

Infrastructure Development<br />

TOPIC OF THIS ISSUE:<br />

International Construction<br />

Market Survey <strong>2019</strong><br />

KPDA BOARD MEMBERS<br />

design and layout<br />

Eric Ng’ang’a<br />

c: +254 725 873601<br />

e: ericstevo@gmail.com<br />

Palkesh Shah<br />

Chairman<br />

Ken Luusa<br />

Vice Chairman<br />

Mucai Kunyiha<br />

Immediate Past<br />

Chairman<br />

Hamish Govani<br />

Board Director<br />

Anne Muchiri<br />

Board Director<br />

Caroline Karugu<br />

Board Director<br />

Ravi Kohli<br />

Board Director<br />

Gikonyo Gitonga<br />

Board Director<br />

Caroline Kihara<br />

Board Director<br />

Alex Waiharo<br />

Board Director<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate


4<br />

www.kumkangkind.com<br />

Message from the CEO<br />

“Life is what happens to us while<br />

we are making other plans”<br />

Total Formwork Solutions Provider!<br />

Welcome to the third issue of our<br />

e-newsletter, <strong>The</strong> Developer’s <strong>Digest</strong>: <strong>July</strong><br />

- <strong>September</strong> <strong>2019</strong>.<br />

In this issue, we have featured an article by MML<br />

Turner & Townsend on their ICMS Report. <strong>The</strong> report<br />

has interesting construction statistics.<br />

Our theme for this issue, “<strong>The</strong> Challenging Economy:<br />

Prospects for the Real Estate Sector” is borrowed<br />

from the theme for our <strong>2019</strong> Annual Conference<br />

scheduled for 29th October <strong>2019</strong>.<br />

<strong>2019</strong> real estate trends have been characterized by<br />

banks using stringent guidelines during the vetting<br />

process before granting Kenyans loans to invest in<br />

property, a rise in the price of property, an increase<br />

in taxes to allow for Government to meet its policy<br />

goals and a continued increase in the cost of building<br />

materials and construction in general. <strong>The</strong>se trends<br />

were the driving force behind organizing a forum<br />

that could allow for discussions on mitigating these<br />

negative trends, surviving and thriving in 2020.<br />

Welcoming Message to New Members<br />

We would like to welcome the newest members to the KPDA fold:<br />

• Adwaa Alkhalil Development Company Ltd<br />

• African Developers Groups for Constructions &<br />

Investments<br />

• MW & Company Advocates LLP<br />

• REITS Association of Kenya (RAK)<br />

• 14Trees Kenya Ltd<br />

We have also included an article by the Town<br />

and County Planners Association of Kenya on the<br />

significance of town planning.<br />

Please share your feedback on this publication and<br />

help us improve on our content.<br />

I look forward to hosting you at our <strong>2019</strong> Annual<br />

Conference.<br />

Merry Christmas!... in advance<br />

Elizabeth<br />

• Prissy Apartments Ltd<br />

• Balala & Abed Advocates<br />

• Regent Management Ltd<br />

• Villasoft Ltd<br />

• Commonwealth Housing Mutual Help Group<br />

• Untapped Water Ltd Kenya<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

Aluminum Formwork<br />

Lightweight<br />

Average 23kg/m2<br />

Not dependent on tower crane<br />

Manual transportation by labors<br />

Monolithic construction<br />

Single concrete pour for all structures<br />

Time saver<br />

Average 4 to 7 days cycle per floor<br />

Repetition<br />

Average 150~300 repetition per panels<br />

Environment friendly<br />

High scrap value<br />

Headquarters<br />

Kumkang Kind BLDG.,<br />

16, Hyoryeong-ro 60-gil,<br />

Seocho-gu, Seoul, Korea<br />

Tel. 82-2-3415-4154<br />

kkkorea@kumkangkind.com<br />

Kumkang Kind East Africa<br />

Office 5, 4th Floor, Tower 1, <strong>The</strong> Mirage<br />

Chiromo Rd., Westlands<br />

Nairobi, Kenya<br />

Tel. 254-2-0250-0882<br />

kkafrica@kumkangkind.com


6 7<br />

Focus on Policy<br />

Financing Affordable<br />

Housing Using Real Estate<br />

Investment Trusts<br />

Focus on Policy<br />

Louise Mathu<br />

Advocate of the High Court of Kenya specialised in Corporate & Commercial<br />

Law with particular expertise in the Energy and Extractives sector<br />

After the re-election of President Uhuru<br />

Kenyatta, he realigned his government’s<br />

agenda for his second term towards<br />

achieving four main goals. <strong>The</strong> goals were referred<br />

to as the Big Four Agenda. <strong>The</strong> ‘Big Four Agenda’ is<br />

meant to focus the government’s energy towards:<br />

enhancing manufacturing; achieving food security<br />

and nutrition; universal health care coverage and<br />

providing affordable housing to the populace. <strong>The</strong><br />

ultimate goal of the ‘Big Four Agenda is to incentivize<br />

economic growth so that jobs are created, which in<br />

turn enables young people to cater for their basic<br />

needs and improve their general welfare.<br />

Article 43(1) (b) of the Kenyan Constitution provides<br />

that every person has the right to accessible and<br />

adequate housing. A similar provision exists in the<br />

International Covenant on Economic, Social and<br />

Cultural Rights captured aptly in Article 11.1 as<br />

follows<br />

“<strong>The</strong> States Parties to the present Covenant recognize<br />

the right of everyone to an adequate standard of<br />

living for himself and his family, including adequate<br />

food, clothing and housing, and to the continuous<br />

improvement of living conditions. <strong>The</strong> States Parties<br />

will take appropriate steps to ensure the realization<br />

of this right, recognizing to this effect the essential<br />

importance of international co-operation based on<br />

free consent.<br />

Without disputing the essence of the legal provisions<br />

above, the reality is that achieving housing for every<br />

citizen is a daunting task, especially for governments<br />

in Africa. <strong>The</strong> government must however, realize this<br />

right for every citizen even if through progressive<br />

realization. In a famously quoted South African<br />

case, the court pondered in the following manner as<br />

regards the right to housing;<br />

“I am conscious that it is an extremely difficult task for<br />

the state to meet these obligations in the conditions<br />

that prevail in our country. This is recognised by the<br />

Constitution, which expressly provides that the state<br />

is not obliged to go beyond available resources or<br />

to realise these rights immediately. I stress however,<br />

that despite all these qualifications, these are rights,<br />

and the Constitution obliges the state to give effect<br />

to them. This is an obligation that courts can, and in<br />

appropriate circumstances, must enforce”<br />

In Kenya, according to government data, the current<br />

housing deficit is 1.9 million. It also estimates that<br />

Kenya has an annual housing demand of 250, 000<br />

with an estimated supply of 50, 000 p.a (80% deficit)<br />

targeting the high-end market with only 2 percent of<br />

formally constructed houses a targeted to the lower<br />

income segments of the market, which account for<br />

the largest share of demand.<br />

Through the 2018 Finance Act, the government<br />

introduced section 31A in the Employment Act, which<br />

set out the mechanism for deducting the Housing<br />

Fund Levy. For persons not formally employed, the<br />

Housing Fund Regulations provided for voluntary<br />

contributions of Kenya Shillings Two Hundred (KES<br />

200) per month. This initiative was expected to<br />

generate about Sh57 billion a year, from about 2.5<br />

million salaried Kenyans, with additional revenue<br />

expected to come from the voluntary contributors.<br />

It will cost an estimated KES 1.5 trillion to fully<br />

fund the Affordable Housing project. Currently,<br />

the government has not been able to make the<br />

deduction from employees due to a court order<br />

barring the same.<br />

<strong>The</strong> cause of the gap both on the supply side and<br />

demand side is lack of financing. Developers lack<br />

cheap credit to build affordable homes affordable<br />

while buyers lack funding to buy homes. <strong>The</strong> most<br />

common financing options for developers include:<br />

Bank loans; Savings; Equity raise and contributions<br />

by buyers in off plan developments. For the buyers<br />

the most common mode of purchase is through cash<br />

(whether off plan or built) with financing through<br />

mortgages limited to those in formal employment<br />

and earning approximately above Kes 300,000/=<br />

monthly. <strong>The</strong> limited penetration of mortgages in<br />

Kenya is therefore of no surprise.<br />

In this Article, we will explore Real Estate Investment<br />

Trusts (REITs) as one of the ways that can be used by<br />

developers to finance the construction and increase<br />

the take up of affordable houses by lowering the<br />

cost of credit subsequently lowering the cost of the<br />

housing units.<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate


8 9<br />

Focus on Policy<br />

Focus on Policy<br />

A REIT is a real estate financing vehicle in the form<br />

of a collective investment scheme where an investor<br />

owns rights or interest in the form of units and earns<br />

returns from income or capital gains.<br />

<strong>The</strong> REIT can either be an income REIT (I-REIT)<br />

or a development REIT (D-REIT). An I-REIT holds<br />

developed property and derives returns from<br />

it in the form of rental income while a D-REIT<br />

holds undeveloped property with the intention of<br />

developing and then disposing it. <strong>The</strong> CMA also<br />

recognizes REITs that are compliant with Shariah<br />

law. While the development of real estate projects is<br />

not prohibited under Islamic law, Islamic REITs focus<br />

mainly on what enterprises are allowed to undertake<br />

their business in the real estate projects and the<br />

management of the REITs’s finances.<br />

As a result, a REIT manager is required to conduct<br />

a compliance test before investing in real estate<br />

to ensure it is shariah compliant and that nonpermissible<br />

activities are not conducted in the estate<br />

and if so, then on a minimal basis.<br />

<strong>The</strong> Capital Markets Act and <strong>The</strong> Capital Markets<br />

(Real Estate Investment Trusts) (Collective<br />

Investment Schemes) Regulations, 2013 (“the<br />

regulations”) govern the establishment, licensing,<br />

operation, listing (if applicable) and the dissolution<br />

of all forms of REITs in Kenya. Under the regulations<br />

a person (referred to as a promoter), shall not<br />

establish a REIT nor issue REIT securities unless that<br />

person applies to the Capital Market Authority (CMA)<br />

for, and obtains an authorization.<br />

A REIT can be terminated in any of the following<br />

ways:<br />

a) By revocation of authorization by CMA;<br />

b) Through expiry of the term of the trust;<br />

c) Through termination upon application by the<br />

Trustee to CMA; and<br />

d) <strong>The</strong> Trustee, REIT Manager or any REIT securities<br />

holder may apply to Court for an order to wind up<br />

the operations of the authorized REIT scheme.<br />

In practice, REITs work in the following manner; let us<br />

take the case of a D-REIT, a property developer owns<br />

a piece of land and intends to develop a housing<br />

project on it but lacks the funds. <strong>The</strong> developer<br />

then sets up an unincorporated common law trust<br />

which is divided into units. <strong>The</strong> establishment of the<br />

trust is through a trust deed. <strong>The</strong> trust must have<br />

a trustee (typically a bank), a REIT manager and a<br />

promoter (the developer). <strong>The</strong> trustee and the REIT<br />

manager must be persons who are licensed by the<br />

CMA. A promoter can be the REIT manager if they are<br />

licensed as such.<br />

Benefits of REITs to Affordable Housing<br />

a) Listed REITs can be traded like stocks. This is<br />

attractive to investors who seek to diversify their<br />

investment portfolios to earn higher returns.<br />

This drives savings and investments from<br />

retail investors to real estate hence providing<br />

developers with the much needed cheap capital<br />

for infrastructural spending.<br />

b) Listed REITs are regulated by the CMA and the<br />

trustees, REIT managers and promoters are<br />

required to adhere to high standards of corporate<br />

governance, financial reporting and information<br />

disclosure.<br />

c) REITs provide regular and consistent income to<br />

investors. <strong>The</strong> Regulations require that I-REITs<br />

disburse to unit holders as dividend at least 80 %<br />

of income generated in a given year. This avoids<br />

the excessive retention of earning of witnessed<br />

in some listed companies, depriving investors of<br />

income.<br />

d) REITs provide an alternative source of funding for<br />

developers to raise money to supplement existing<br />

funds or to entirely fund developers.<br />

e) REITs enables developers to access property<br />

management professionals at a relatively<br />

cheaper cost. REITs are by law required to<br />

have managers, who bring in their expertise in<br />

property management to help projects source<br />

clientele and boost income.<br />

f) Tax benefits. For REITs that are registered with<br />

the CMA and have sought exemption from income<br />

tax from the Kenya Revenue Authority, their<br />

income or capital gains are exempt from tax.<br />

<strong>The</strong> REITs are also exempt from Stamp Duty for<br />

transfers of beneficial interest in property from<br />

one trustee to another trustee or to an additional<br />

trustee and transfer of beneficial interest in<br />

property in exchange for units in the REIT. <strong>The</strong>re<br />

are proposals in the Finance Bill <strong>2019</strong> to amend<br />

section 20 of the Income Tax Act to exempt<br />

REITs’s investee companies from income tax. <strong>The</strong><br />

Income Tax Act currently only exempts REITs from<br />

income tax without extending the exemption<br />

to subsidiaries and investee companies, which<br />

are wholly owned by REITs. Hence, when a REIT<br />

invests in a company (investee), the income of<br />

that company would first be subjected to 30<br />

percent corporation tax.<br />

Shortcomings of REITs<br />

a) Slow levels of growth are experienced with REITs.<br />

This is because the REITs are required to return<br />

up to 80 % of their returns from real estate project<br />

to the unit holders. This money would have been<br />

used to grow the REITs’s portfolio of assets.<br />

b) <strong>The</strong> tax benefits do not trickle down to the unit<br />

holder level. While the REIT is largely exempt<br />

from tax, the unit holders are not, their dividends<br />

are taxed. <strong>The</strong> distribution of the profits to the<br />

unit holders would be subject to withholding<br />

tax (“WHT”) at the rate of 5 % for residents and<br />

10 % for non-residents. According to KRA all<br />

distribution of interest income and dividends by<br />

REITs are liable to WHT. However, it is argued by<br />

some tax experts that this interpretation is not<br />

correct as the distribution by the REIT to unit<br />

holders is neither interest income nor dividends.<br />

<strong>The</strong> unit holders do not advance any credit to<br />

the REIT. Also, since the REIT is structured as a<br />

trust rather than a company, it is incapable of<br />

distributing dividends as section 2 of the Income<br />

Tax Act defines dividends as “…. any distribution<br />

by a company to its shareholders with respect to<br />

their equity interest in the company”.<br />

c) Costs of setting up a REIT. <strong>The</strong>re are substantial<br />

costs involved in the set-up of REITs especially<br />

in engaging professionals such as transactional<br />

advisors and lawyers. However, once the REIT<br />

is set, the cost of running the trust reduces<br />

substantially.<br />

d) REITs are prohibited from engaging in the<br />

provision of mortgages or any other form of<br />

lending or debt finance. However, a D-REIT may,<br />

where the DREIT has developed or constructed<br />

housing or other real estate assets, provide: a<br />

mortgage; other forms of secured loan; secured<br />

finance; or any form of lending or finance through<br />

a progressive purchase mechanism.<br />

Can Reits be a Funding Solution to<br />

Affordable Housing?<br />

Rather than approach financing institutions for<br />

funding at punitive interest rates, housing projects<br />

developers can set up REITs and access funding at<br />

much lower interest rate. <strong>The</strong> housing units can then<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate


10 11<br />

Focus on Policy<br />

be sold or leased to the unit holders at preferential<br />

terms and at a rate much lower than the market<br />

rates. This arrangement would enable potential<br />

home owners participate in the project from the<br />

ground up while at the same time enable developers<br />

make a profit margin on the sale or steady income<br />

from the management of the REIT.<br />

REITs present an opportunity for developers to<br />

exploit in Affordable Housing with the government’s<br />

help especially in the provision of land and bulk<br />

infrastructure and provision of tax incentives to the<br />

developers. <strong>The</strong> two costs account for a large portion<br />

of the high costs associated with housing projects.<br />

It is essential that to achieve a social goal such<br />

as provision of affordable housing to low income<br />

earners, partnership with the government or other<br />

development partners must be emphasized. Given<br />

the strong regulation of REITs, the government<br />

through agencies like the National Social Security<br />

Fund and the Office of the Permanent Secretary<br />

National Treasury, can guarantee developers of<br />

offtake of the REIT units. <strong>The</strong> government can also<br />

encourage the participation of Developers in the<br />

offering of Tenant Purchase Schemes by extending<br />

items such as Mortgage Interest Relief to mortgages<br />

granted by a D-REit or a Private Developer subject<br />

to meeting certain standards. Given how successful<br />

Tenant Purchase Schemes have been for the National<br />

Housing Corporation and the National Social Security<br />

Fund this will allow private developers, who are now<br />

with the challenging market, seeking ways to offload<br />

units for instance through deferred payment plans<br />

which go past the lapse of construction with much<br />

needed relief.<br />

Has this worked elsewhere? In the United States,<br />

Housing Partnership Equity Trust (HPET) is a private<br />

REIT; it is a social venture REIT established in 2012.<br />

HPET invests in multi-family properties for low-and<br />

moderate-income residents. It is a privately owned<br />

partnership of 12 non-profit members—which<br />

enables members to act quickly in comparison to<br />

for-profit buyers when looking to purchase rental<br />

properties, without needing to assemble complex<br />

financing packages. HPET invests in medium-tolarge<br />

multi-family properties, including non-core,<br />

secondary real estate markets. It specifically targets<br />

unsubsidized affordable rental housing properties<br />

that are in good condition and cash flow positive.<br />

Other examples exist in the United Kingdom too.<br />

How would developers make money in the REITs<br />

targeting affordable housing? <strong>The</strong> regulations<br />

provide that a manager of a D-REIT may apply to the<br />

CMA to convert the D-REIT into an I-REIT. <strong>The</strong> CMA<br />

will require the REIT manager to demonstrate that<br />

the D-REIT shall be able to meet the requisite asset<br />

requirements for an I-REIT upon conversion. <strong>The</strong><br />

REIT manager must also show that the proprietary<br />

interest of not less than half the assets held by the<br />

D-REIT are held as long-term leases; or if the long –<br />

term leases tenure is not applicable to the real estate<br />

asset then it must have been producing income for<br />

at least six months. For developers who wish to exit<br />

once the housing development is complete, this<br />

conversion would provide an opportunity for a faster<br />

and more efficient exit. In conventional projects,<br />

not established under a REIT Scheme, the developer<br />

would only be able to exit by selling all the individual<br />

units. For developers who wish to stay on post<br />

completion of the housing project, the I-REIT would<br />

offer an opportunity for a continuous flow of revenue<br />

from the income derived from the project.<br />

In conclusion, there exists many opportunities<br />

for developers in the affordable housing space.<br />

Second, investment in affordable housing would be<br />

much easier to finance and more profitable if the<br />

developers were to utilize the REITs option. REITs are<br />

highly regulated by the CMA and the Trustee and the<br />

Manager have a continuous obligation to provide<br />

periodic reports to unit holders. REITs enjoys many<br />

tax incentives as it derives tax benefits by virtue of it<br />

being a trust as well as the specific benefits accorded<br />

to REITs in Kenya<br />

ABOUT THE AUTHOR<br />

Louise Mathu is an Advocate of the High Court of Kenya<br />

specialised in Corporate & Commercial Law with particular<br />

expertise in the Energy and Extractives sector. She is<br />

passionate about providing timely and practical legal<br />

solutions to meet client needs in their area of business<br />

operation. She has diverse experience from both private and<br />

public sectors with her key areas of expertise being; Public<br />

Private Partnerships (PPPs), Construction & Engineering<br />

Law, Infrastructure & Projects, Project Finance, Legal &<br />

Regulatory Compliance, Corporate Governance and Mergers<br />

& Acquisitions.<br />

KN Law LLP, a firm specialising in Corporate, Commercial<br />

and Tax Law has been a member of Kenya Property<br />

Developers Association since 2016<br />

Kumkang Kind East Africa Ltd<br />

1) Briefly introduce your company<br />

KUMKANG KIND CO. LTD is a South Korean<br />

company that manufactures, supplies and<br />

trains in the use of Aluminum Formwork for the<br />

construction of mass affordable housing. With<br />

over 40 years of experience in over 30 countries<br />

across the world, our African branch, Kumkang<br />

Kind East Africa, is based in Nairobi, Kenya<br />

and have supplied our construction system to<br />

various low-cost and luxury residential projects<br />

here, as well as in Algeria, Libya, and Ghana. We<br />

are currently engaged in the implementation<br />

of the Unity West project in Tatu City by Unity<br />

Homes and are looking forward to several other<br />

affordable housing and student accommodation<br />

developments.<br />

2) How long have you been a member of KPDA?<br />

KUMKANG KIND EAST AFRICA has been a member<br />

of KPDA since December 2017.<br />

Karibu Homes<br />

1) Briefly introduce your company<br />

Karibu Homes is an affordable housing developer<br />

focused on providing homes to hard working<br />

Kenyans. We have a project with homes<br />

ready for occupation in Athi River and off-plan<br />

opportunities in Kiambu. Prices from Kshs. 2.81M<br />

2) How long have you been a member of KPDA?<br />

We have been members of KPDA since 2011.<br />

We have been active on the Public Policy and<br />

Advocacy and the Membership and Outreach<br />

Committees.<br />

Testimonial<br />

3) As a member, what are the top 3 benefits you<br />

have experienced?<br />

• To be part of the largest active network in the<br />

Kenyan construction industry.<br />

• <strong>The</strong> tremendous boost in visibility as a<br />

relatively new construction technology<br />

provider in Africa.<br />

• <strong>The</strong> opportunity to engage with key decision<br />

makers in government and the private sector<br />

at a high level.<br />

4) Which of KPDA events are a value for you? CEO<br />

Breakfast Forums, Training Workshops, Koroga<br />

Events or the Annual Conference?<br />

Kumkang Kind highly values and strives to<br />

participate in all KPDA events in one way or<br />

another. <strong>The</strong> Annual Conference has proven to be<br />

exceptionally impactful to our business.<br />

3) As a member, what are the top 3 benefits you<br />

have experienced?<br />

• Having a network of members across the<br />

developers’ value chain from banks to<br />

suppliers and agents<br />

• <strong>The</strong> opportunity to truly drive policy through<br />

the activities of well attended committees<br />

• <strong>The</strong> CEO Breakfast Forums allow for real<br />

updates and learnings on all aspects of the<br />

developers’ eco-system<br />

• All the events have given my firm and myself<br />

as an individual undeniable value<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate


12 13<br />

A Message from our Partners<br />

Town Planning -–<br />

Sustainable Real Estate<br />

Planning and Development<br />

Overview<br />

Town planning as a profession is focused on<br />

overall planning and development of a town<br />

or city in respect to regulating land use,<br />

building development, transport and infrastructure<br />

development. This regulation of land use and<br />

development is effected through the preparation<br />

of town/urban integrated development plans and<br />

implementation enforcement using development<br />

control tools. Indeed town planning has direct<br />

impact on sustainable real estate development. Poor<br />

town planning and weak development control leads<br />

to unsustainable real estate development.<br />

This paper is focused on identifying some key<br />

town planning elements and how the same affect<br />

By Mairura Omwenga,<br />

Engineer/Town Planner, Chairman TCPAK<br />

real estate investments. <strong>The</strong>se key town planning<br />

elements include – integrated development<br />

plans, development site master plans, public and<br />

stakeholder engagement; development permission;<br />

construction supervision; property title registration;<br />

and property maintenance.<br />

Integrated Development Plans<br />

Real estate development constitutes long term<br />

investment of over 20-30 years. In any town or<br />

city it is important an investor looks at the long<br />

term town integrated development plan or town<br />

masterplan that covers a period of 20-30 years.<br />

<strong>The</strong> city development plans gives the broad policy<br />

guidelines on the development of land and property<br />

in various zones - housing, commerce/retail/office,<br />

manufacturing industry etc. <strong>The</strong> law requires that<br />

all and each town or city must have town integrated<br />

development plan. <strong>The</strong> law has given the State/<br />

Government the power to regulate the use of, interest<br />

in and rights over any and all land in Kenya. <strong>The</strong> State<br />

power is primarily provided for in the Constitution of<br />

Kenya 2010, Article 66: Regulation of Land Use and<br />

Property: 66(1) states – “<strong>The</strong> State may regulate the<br />

use of any land, or any interest in or right over any<br />

land, in the interest of defence, public safety, public<br />

order, public morality, public health, or land use<br />

planning”.<br />

Nairobi city, for example, has just completed<br />

the preparation of the 2015-2030 city integrated<br />

development plan.<br />

Project Site Development Master Plan<br />

Any major real estate requires the development of<br />

a site development master plan. A good site master<br />

plan prepared by town planner in consultation with<br />

architect and the engineer leads to better and higher<br />

returns on investment in both the short and long<br />

term. One such project, for example is Eagle Park<br />

development in Runda Nairobi. For about 30-40<br />

years, this 20 acre plot was wasted swampy site.<br />

About 10 years ago and with proper site master plan,<br />

the same site is now attractive upmarket housing<br />

neighbourhood.<br />

Public Participation and Stakeholder<br />

Engagement<br />

In real estate development, it is now constitutional<br />

requirement and mandatory to undertake public<br />

and stakeholder engagement. In undertaking any<br />

building development, the immediate neighbours<br />

must be consulted and even those in the wider area.<br />

Failure to undertake effective public and stakeholder<br />

engagement may lead to delay or total stoppage to<br />

real estate development.<br />

A town planner is extremely important in assisting<br />

the developer undertake the required public and<br />

stakeholder engagement.<br />

Development Permission<br />

Real estate investment requires development<br />

permission or approval from the local city/municipal<br />

board, county government and national government<br />

departments. This development permission includes<br />

approval of plans by the town planner, architect,<br />

engineer and EIA expert. Actual construction works<br />

will require approval and registration by the National<br />

Construction Authority.<br />

<strong>The</strong> process to obtain development permission from<br />

various government departments can be lengthy and<br />

time consuming. <strong>The</strong> town planner plays a central<br />

role in the processing and obtaining development<br />

permission from various government offices. In<br />

Nairobi city, it takes on average 2-6 months to obtain<br />

required approvals.<br />

Construction Supervision<br />

Town planners play an important role as part of the<br />

construction supervision team. <strong>The</strong> town planner<br />

in a construction site will advise on plot coverage,<br />

building line, building height, building density and<br />

property access.<br />

A Message from our Partners<br />

Property Title Registration<br />

In many cases, real estate development requires<br />

registration of title to property. This may cover a wide<br />

range of issues- flats in residential and commercial<br />

office block, land sub-division, change of use,<br />

renewal/extension of lease etc. In this process of<br />

property registration, a town planner is extremely<br />

useful both in the national and county government<br />

levels.<br />

Property Operation and Maintenance<br />

A town planner ensures effective operation<br />

maintenance of real estate investment. A town<br />

planner should use appropriate development control<br />

tools to ensure that property value is maintained and<br />

even enhanced in the short and long term. Where<br />

there are weak development control measures,<br />

property value can quickly drop and not sustain<br />

long term returns on investment. Good examples in<br />

Nairobi where property returns have quickly dropped<br />

due to weak development control measures include<br />

Nairobi CBD, Upper Hill, and Buru Buru estate<br />

About Town and County Planners Association of Kenya<br />

(TCPAK)<br />

<strong>The</strong> Association is a corporate body comprising town,<br />

county, and country planners, and/or urban and regional<br />

planners and/or physical planners. <strong>The</strong> Association<br />

promotes professional development, education, public<br />

awareness, sustainable development and the protection<br />

and conservation of the built and natural environment.<br />

TCPAK<br />

Block 2, White Court,<br />

Galana Road, Kilimani<br />

Nairobi.<br />

Tel: (+254) 721 345 611, 725 028 572<br />

Email: info@tcpak.com or tcpakassociation@yahoo.com<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate


14 15<br />

Have Your Say<br />

Creating Commercially Viable<br />

Projects from the Onset<br />

By Turner & Townsend<br />

We work across 8 regions<br />

We work across 8 regions<br />

North America<br />

$117.3m<br />

Revenue<br />

649<br />

People<br />

UK<br />

$323.6m<br />

Revenue<br />

2,554<br />

People<br />

Have Your Say<br />

Asia<br />

$35.2<br />

Revenue<br />

520<br />

People<br />

Latin America<br />

$13.8m<br />

Revenue<br />

104<br />

People<br />

Europe<br />

$39.0m<br />

Revenue<br />

299<br />

People<br />

Africa<br />

$18.6m<br />

Revenue<br />

269<br />

People<br />

Middle East<br />

$60.5m<br />

Revenue<br />

346<br />

People<br />

Australia and<br />

New Zealand<br />

$70.7m<br />

Revenue<br />

468<br />

People<br />

As MML Turner a & Townsend partnership we act as one business<br />

globally<br />

As a partnership we act as one business globally<br />

5<br />

Turner & Townsend is an independent<br />

professional services company specialising<br />

in programme management, project<br />

management, cost and commercial management<br />

and advisory across the real estate, infrastructure<br />

and natural resourcessectors.<br />

With 108offices in 45countries, we draw on our<br />

extensive global and industry experience to manage<br />

risk while maximising value and performance during<br />

the construction and operation of our clients’ assets.<br />

Our Local Business<br />

Nairobi based MML Turner & Townsend has for the<br />

past 32 years built up a reputation as the largest<br />

and most respected project and cost management<br />

consultancy in East Africa.<br />

110 45 Countries<br />

Offices<br />

North America<br />

Calgary<br />

Chicago<br />

Denver<br />

Edmonton<br />

Fort Worth<br />

Houston<br />

Los Angeles<br />

Minneapolis<br />

Mountain View<br />

Nashville<br />

New York<br />

Ottawa<br />

Phoenix<br />

San Francisco<br />

Seattle<br />

Tampa<br />

Toronto<br />

Vancouver<br />

Washington DC<br />

MML Turner & Townsend<br />

Latin<br />

America<br />

Buenos Aires<br />

Bogotá<br />

Lima<br />

Mexico City<br />

Rio de Janeiro<br />

Santiago<br />

São Paulo<br />

UK<br />

Aberdeen<br />

Bath<br />

Belfast<br />

Birmingham<br />

Bristol<br />

Cambridge<br />

Cardiff<br />

Edinburgh<br />

Glasgow<br />

Leeds<br />

London<br />

Manchester<br />

Newcastle<br />

Nottingham<br />

Reading<br />

Sheffield<br />

Teesside<br />

Africa<br />

Cape Town<br />

Dar es Salaam<br />

Durban<br />

Gaborone<br />

Harare<br />

Johannesburg<br />

Kampala<br />

Maputo<br />

Nairobi<br />

Europe<br />

Amsterdam<br />

Atyrau<br />

Basel<br />

Berlin<br />

Dublin<br />

Frankfurt<br />

Hamburg<br />

Istanbul<br />

Krakow<br />

Madrid<br />

Middle East<br />

Abu Dhabi<br />

Dammam<br />

Doha<br />

Dubai<br />

Muscat<br />

Riyadh<br />

Milan<br />

Moscow<br />

Munich<br />

Paris<br />

Rome<br />

St Petersburg<br />

Stavanger<br />

Stockholm<br />

Vienna<br />

Warsaw<br />

Zurich<br />

Australia and<br />

New Zealand<br />

Adelaide<br />

Auckland<br />

Brisbane<br />

Cairns<br />

Canberra<br />

Christchurch<br />

Darwin<br />

Gold Coast<br />

Melbourne<br />

Nadi<br />

Perth<br />

Sydney<br />

Townsville<br />

Asia<br />

Bangalore<br />

Beijing<br />

Ho Chi Minh City<br />

Hong Kong<br />

Jakarta<br />

Kuala Lumpur<br />

Macau<br />

Manila<br />

Mumbai<br />

New Delhi<br />

Seoul<br />

Shanghai<br />

Shenzhen<br />

Singapore<br />

Tianjin<br />

Tokyo<br />

6<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate


16 17<br />

Have Your Say<br />

International construction<br />

market survey <strong>2019</strong><br />

By Rewel Kariuki , Director -Cost Management<br />

Turner & Townsend<br />

<strong>The</strong> data comes from our involvement<br />

on projects in East Africa<br />

<strong>The</strong> data comes from our involvement on projects in East Africa<br />

Industrial Commercial Hotels<br />

• Mitchel Cotts Cargo<br />

Handling facility at JKIA<br />

• Unilever Omo Factory<br />

Nairobi<br />

• KBL Bottling Deport in Nyeri<br />

• Tissue Culture and<br />

molecular laboratory for<br />

coffee Research Foundation<br />

• Swiss sport Air Cargo<br />

handling facility at JKIA<br />

• Bidco warehouse and plant<br />

• Garden City Business park<br />

• <strong>The</strong> Junction Mall<br />

• Barclays Diani Shopping<br />

Centre<br />

• Village Market Expansion<br />

phase II<br />

• Capital Centre Mall<br />

• Phased refurbishment of over<br />

100 Branches for KCB Bank<br />

• Refurbishment of Caltex<br />

Petrol Stations<br />

Have Your Say<br />

• Safari Park Hotel<br />

• Mount Kenya Safari<br />

Club<br />

• <strong>The</strong> Sarova Stanley<br />

Hotel<br />

• Southern Sun<br />

Mayfair Hotel<br />

• Windsor Golf<br />

&Country Club<br />

• Sweet waters tented<br />

camp in Nanyuki<br />

•<br />

Hospitals<br />

Agha Khan Hospital, Nairobi<br />

•<br />

Commercial – Fit -out<br />

Sage<br />

• Aga Khan Hospital, Uganda<br />

• Philips<br />

• Gertrude's Children's Hospital<br />

• Jaguar Land Rover<br />

• BMW<br />

• CDC offices<br />

MML Turner & Townsend<br />

Global key highlights<br />

Global key highlights<br />

Residential<br />

• Riverbank by Centum<br />

• Pearl Marina, Uganda<br />

• Mae Ridge Housing<br />

• Riverside Park<br />

• ISK staff Housing<br />

Overview:<br />

<strong>The</strong> annual survey of 64 markets revealing the<br />

cost of building around the world. Drawing on<br />

information from over £655bn of global real<br />

estate investment<br />

Audience relevance:<br />

For those considering real estate construction<br />

expenditure –the survey helps to identify the key<br />

global trends and enables informed investment<br />

decisions to drive the best return.<br />

Companies and individuals who benefit from using<br />

the data include:<br />

• Companies investing in several locations<br />

• Multinationals<br />

• Investor developers<br />

• Architects<br />

Takeaway:<br />

With our insight and data on the markets we<br />

operate we can advise on the right tactics to deploy<br />

to manage risks, control costs and capitalise on<br />

opportunities in the set-up and delivery of major<br />

projects and programmes.<br />

26,000+<br />

downloads<br />

since the<br />

launch<br />

MML Turner & Townsend<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate


18 19<br />

Gallery of Events<br />

Gallery of Events<br />

KPDA Half Day Workshop<br />

MML Turner & Townsend CEO Breakfast Forum<br />

12th <strong>September</strong> <strong>2019</strong> 12th <strong>September</strong> <strong>2019</strong><br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate


20 21<br />

Gallery of Events<br />

Gallery of Events<br />

<strong>The</strong> Two Rivers KPDA Members Cocktail Event<br />

KPDA CEO Morning Learning Session<br />

22nd August <strong>2019</strong> 30th <strong>July</strong> <strong>2019</strong><br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate


22 23<br />

KPDA Register of Members<br />

KPDA Directory of Members in Good-standing<br />

as at 30th <strong>September</strong> <strong>2019</strong><br />

KPDA Register of Members<br />

PROPERTY DEVELOPERS<br />

GOLDEN COMPASS LTD<br />

17 Elm Cl, Aamersham HP65DD UK<br />

P. O. Box 45404 - 00100 NAIROBI.<br />

Tel: 0733 708 787<br />

Email: rajmeet@yahoo.com<br />

Website: www.goldencompass.co.uk<br />

HASS CONSULT LTD<br />

1st Floor, ABC Place, Waiyaki Way<br />

P. O. Box 14090 – 00800 NAIROBI.<br />

Tel: 0733 708 787<br />

Website: www.hassconsult.co.ke<br />

HERI HOMES PROPERTIES LTD<br />

Devson Court Suites<br />

P. O. Box 19061 - 00100 NAIROBI.<br />

Tel: 0790 500 910<br />

Website: www.herihomes.co.ke<br />

HF DEVELOPMENT AND INVESTMENTS LTD<br />

Rehani House, Corner of Kenyatta<br />

Avenue and Koinange Street<br />

P. O. Box 30088 – 00100 NAIROBI.<br />

Tel: 020 3262000/3262248<br />

Website: www.housing.co.ke<br />

ACORN MANAGEMENT SERVICES LTD<br />

2nd Floor, Acorn House<br />

James Gichuru Road, Lavington<br />

P. O. Box 13759 - 00100 NAIROBI.<br />

Tel: 020 729 064/5/ 020 592 671<br />

Website: www.acornholdingsafricacom<br />

ADWAA ALKHALIL DEVELOPMENT<br />

COMPANY LTD<br />

Office B, Ground Floor, FCB Mihrab<br />

Buildings, Lenana Road<br />

James Gichuru Road, Lavington<br />

P. O. Box 76444 - 00508 NAIROBI.<br />

Tel: 0704 080 808<br />

Website: www.acornholdingsafricacom<br />

AFRICAN DEVELOPERS GROUPS FOR<br />

CONSTRUCTIONS & INVESTMENTS<br />

1st Floor, Jadala Place, Off Ngong Road<br />

P. O. Box 9195 - 00100 NAIROBI.<br />

Tel: 0777 400 407<br />

Website: www.amazonprojects.co.ke<br />

AHCOF INVESTMENTS (KENYA) LTD<br />

4th Floor Morningside<br />

Office Park, Ngong Road<br />

P.O. Box 22592 – 00100 NAIROBI.<br />

Tel: 0728 393 698/0703 815 287<br />

Website: www.astoriakenya.co.ke<br />

INFPAC LTD<br />

HOME AFRIKA LTD<br />

5th Floor, Penthouse 1, Morningside<br />

Office Park, Ngong Road<br />

P. O. Box 6254 - 00100 NAIROBI.<br />

Tel: 020 2772000<br />

Website: www.homeafrika.com<br />

IJENGA VENTURES LTD<br />

5B Rivaan Centre<br />

Muguga Green, Westlands<br />

P. O. Box 2384 – 00606 NAIROBI.<br />

Tel: 0740 845 000<br />

Website: www.ijenga.com<br />

IMMENSITY HOLDINGS LTD<br />

Suite B10, Surveyors Court,<br />

Woodvale Grove, Westlands<br />

P. O. Box 8836 – 00100 NAIROBI.<br />

Tel: 0718 756 254<br />

INFPAC LTD<br />

3rd Floor Occidental Plaza,<br />

P. O. Box 45288 – 00100 NAIROBI.<br />

Tel: 0740 845 000<br />

AMAZON PROJECTS LTD<br />

3rd Floor, <strong>The</strong> Greenhouse,<br />

Suite 18 Ngong Road<br />

P. O. Box 1756 - 00100 NAIROBI.<br />

Tel: 0722 718 520<br />

Website: www.amazonprojects.co.ke<br />

AMBOSELI COURT LTD<br />

Savv Print Building, Mirema Road<br />

P. O. Box 22350 – 00400 NAIROBI.<br />

Tel: 0728 141 741<br />

Website: www.amboselicourt.com<br />

AMS PROPERTIES LTD<br />

6th Floor Eden Square, Block 1,<br />

Westlands Road<br />

P. O. Box 10713 - 00100 NAIROBI.<br />

Tel: 020 366 0000<br />

Website: www.amsproperties.com<br />

BAHATI RIDGE DEVELOPMENT LTD<br />

Off Gatanga Road, Thika<br />

P. O. Box 47739 – 00100 NAIROBI.<br />

Tel: 020 8155380<br />

Website: www.bahatiridge.co.ke<br />

KARUME<br />

HOLDINGS<br />

LIMITED<br />

BLUELINE PROPERTIES LTD<br />

Wendy Court Unit 10,<br />

David Osieli Road, Westlands<br />

P.O. Box 2106 – 00606 NAIROBI.<br />

Tel: 020 4441195<br />

Website: www.blueline.co.ke<br />

CAMELOT CONSULTANTS LTD<br />

Brookview Apartment<br />

Elgeyo Marakwet Road<br />

P. O. Box 14533 – 00100 NAIROBI.<br />

Tel: 020 387 2161<br />

www.lantana-galu-beach.co.ke<br />

CENTURY CITY PROPERTY LTD<br />

3rd Floor VM Tower, <strong>The</strong> Village Market,<br />

Limuru Road<br />

P. O. Box 19 – 00621 NAIROBI.<br />

Tel: 0701 066 144<br />

Website: www.centurycitykenya com<br />

CHERIEZ PROPERTIES LTD<br />

Crater Automobiles Building,<br />

Mombasa Road<br />

P. O. Box 2149 – 00200 NAIROBI.<br />

Tel: 020 2424240 /0780 242 401<br />

Website: www.cheriez.properties<br />

JABEZ PROPERTIES<br />

Namanga Road Estate, Off Namanga<br />

Road, Near Export Processing Zone (EPZ)<br />

P. O. Box 23059 - 00604, NAIROBI.<br />

Tel: 0722 788 578<br />

Website: www.jabezproperties.co.ke<br />

KAMHOMES INVESTMENTS LTD<br />

Valley View Office Park, Limuru Road<br />

P. O. Box 74509 – 00200 NAIROBI.<br />

Tel: 0202 219 909<br />

Website: www.kamhomes.com<br />

KARIBU HOMES<br />

30 Kyuna Crescent<br />

P. O. Box 40063 - 00100 NAIROBI.<br />

Tel: 0705 151 515<br />

Website: www.karibuhomes.com<br />

KARUME HOLDINGS LTD<br />

3rd Floor, Cianda House,<br />

Koinange Street<br />

P. O. Box 30594 – 00100 NAIROBI.<br />

Tel: 0772 099 340<br />

CHIGWELL HOLDINGS LTD<br />

4th Floor Maksons Plaza (Next to Victoria<br />

Courts) Parklands Rd, Westlands<br />

P. O. Box 39542 – 00623 NAIROBI.<br />

Tel: 020 3752113/4<br />

Website: www.chigwell.co.ke<br />

CORAL PROPERTY INTERNATIONAL LTD<br />

Peponi Plaza, Office No. B-0<br />

P. O. Box 38568 – 00623 NAIROBI.<br />

Tel: 020 3742854<br />

Website: www.coralpi.com<br />

CYTONN REAL ESTATE LTD<br />

3rd Floor Liaison House,<br />

State House Avenue<br />

P. O. Box 20695 – 00200 NAIROBI.<br />

Tel: 020 4400420<br />

Website: www.cytonn.com<br />

DAYKIO PLANTATIONS LTD<br />

3rd Floor Liaison House,<br />

State House Avenue<br />

P. O. Box 20695 – 00200 NAIROBI.<br />

Tel: 020 2215472<br />

Website: www.daykio.com<br />

KINGS DEVELOPERS LTD<br />

2nd Floor Saj Ceramics Complex,<br />

Opposite Cabanas Grounds, Embakasi,<br />

Mombasa Road<br />

P. O. Box 18215 – 00500 NAIROBI.<br />

Tel: 020 044619/20<br />

Website: www.kingsdevelopers.com<br />

TO JOIN KPDA<br />

KZANAKA LTD<br />

Coopers Centre,<br />

Kaptagat Road off Waiyaki Way<br />

P. O. Box 40596 – 00100<br />

Tel: 020 4452581/2/3<br />

Website: www.coopers.co.ke<br />

LASER PROPERTY SERVICES LTD<br />

6th Floor, CPF House, Haile Selassie Avenue<br />

Kaptagat Road off Waiyaki Way<br />

P. O. Box 28938 - 00200<br />

Tel: 0720 111 117<br />

Website: www.laser.or.ke<br />

DEWBURY LTD<br />

DEWBURY LTD<br />

2nd Floor, PurpleHaze Apartments<br />

Kitale lane, Off Dennis Pritt Road<br />

P.O. Box 12645 – 00400 NAIROBI.<br />

Tel: 0737 676 767<br />

www.purplehaze.co.ke<br />

DUNHILL CONSULTING LTD<br />

15 Hevea Court,<br />

Eldama Ravine Road, Westlands<br />

P. O. Box 1400 – 00606 NAIROBI.<br />

Tel: 0786 386 445<br />

Website: www.dunhillconsulting.com<br />

ELM RIDGE LTD<br />

Muthangari Drive<br />

P. O. Box 14279 – 00800 NAIROBI.<br />

Tel: 020 444 837<br />

Website: erl@gathkenya.com<br />

ELEGANT PROPERTIES LTD<br />

8th Floor, Valley View Office Park<br />

City Park Drive<br />

P.O. Box 32705 – 00600 NAIROBI.<br />

Tel: 0731 286 286<br />

Website: www.elegantproperties.co.ke<br />

LEO CAPITAL HOLDINGS LTD<br />

Devson Court Suite Five, Hurlingham<br />

P. O. Box 19061 - 00100 NAIROBI.<br />

Tel: 020 4401313<br />

Website: www.herihomes.co.ke<br />

LORDSHIP AFRICA<br />

Bishop Court, 4th Ngong Avenue<br />

P. O. Box 47655 – 00100 NAIROBI.<br />

Tel: 020 2714726<br />

Website: www.lordshipafrica.com<br />

MANRIK GROUP LTD<br />

Off Raphta Road<br />

P. O. Box 45403 - 00100, NAIROBI.<br />

Tel: 020 444 2100<br />

Website: www.manrikgroup.com<br />

MEERA CONSTRUCTION LTD<br />

3rd Floor, Krishna Plaza, Parklands<br />

P. O. Box 22796 – 00400 NAIROBI.<br />

Tel: 0733 726 750<br />

Website: sgjeram@krishnagroup.co.ke<br />

ENDLESS AFRICA LTD<br />

Methodist Ministries Centre,<br />

Oloitiktok Road, Lavington<br />

P. O. Box 67136 - 00200 NAIROBI.<br />

Tel: 020 3861134/5<br />

ENKAVILLA PROPERTIES LTD<br />

Trance Towers, 3rd Floor, Tsavo Road,<br />

Off Mombasa Road<br />

P.O. Box 14193-00800 NAIROBI.<br />

Tel: 0788 303 030<br />

Website: www.enkavilla.co.ke<br />

FAIRDEAL DEVELOPMENT &<br />

INFRASTRUCTURE LTD<br />

1st Floor, Kelico Complex,<br />

Mombasa Road<br />

P. O. Box 4159 - 00506 NAIROBI.<br />

Tel: 0777 100 050/0705 791 702<br />

Website: www.fairdealproperties.biz<br />

FEDHA (MANAGEMENT) LTD<br />

17th Floor, Eco Bank Towers,<br />

Muindi Mbingu Street<br />

P. O. Box 45625 – 00100 NAIROBI.<br />

Tel: 020 2222442/223776/213104<br />

MLIMA<br />

CONSTRUCTION<br />

COMPANY LTD<br />

MLIMA CONSTRUCTION LTD<br />

Lillian House<br />

P. O. Box 41821 - 00100 NAIROBI.<br />

Tel: 0724 416 707<br />

MML TURNER & TOWNSEND<br />

2nd Floor, <strong>The</strong> Courtyard, General<br />

Mathenge Drive, Westlands<br />

P. O. Box 62899 - 00200 NAIROBI.<br />

Tel: 020 232 4991<br />

Website: www.turnerandtownsend.com<br />

MUGUMO DEVELOPMENTS LTD<br />

1st Floor Office Suites, Parklands Road<br />

P. O. Box 45922 – 00100 NAIROBI.<br />

Tel: 0701 488 907<br />

NATUREVILLE HOMES<br />

Symbion House, Ground Floor<br />

Opposite <strong>The</strong> Hub, Karen<br />

P. O. Box 47369 - 00100 NAIROBI.<br />

Tel: 0731 558 553<br />

Email: info@natureville.net<br />

Website: www.natureville.net<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate


24 25<br />

KPDA Register of Members<br />

KPDA Register of Members<br />

NORCENT<br />

PROJECTS LTD<br />

NORCENT PROJECTS LTD<br />

Nairobi West, Crossway Road 50<br />

P.O. Box 11378 – 00400, NAIROBI.<br />

Tel: 0722 722 072<br />

Email: kd@norcentprojectsltd.com<br />

OAKPARK PROPERTIES LTD<br />

No. 46, Muthangari Drive,<br />

P. O. Box 10104 – 00100 NAIROBI.<br />

Tel: 0734 342 326<br />

Website: www.oakparkltd.com<br />

OPTIVEN LTD<br />

14th Floor, Barclays Plaza Wing A,<br />

Loita Street<br />

P. O. Box 623 – 00600 NAIROBI.<br />

Tel: 0702 831 083<br />

Website: www.optiven.co.ke<br />

PDM (KENYA) LTD<br />

12th Floor, IPS Building, Kimathi Street<br />

P. O. Box 58470 – 00200 NAIROBI.<br />

Tel: 020-3316122<br />

Website: www.pdmholdings.com<br />

TILISI DEVELOPMENTS LTD<br />

4th Floor, Maksons Plaza, Parklands Road<br />

P. O. Box 39542 – 00623 NAIROBI.<br />

Tel: 0714 845 474<br />

Website: www.tilisi.co.ke<br />

TRIDENT ESTATES LTD<br />

10th Floor, Fortis Towers<br />

Woodvale Groove Westlands<br />

P. O. Box 17592 - 00500 NAIROBI.<br />

Tel: 0700 002 222<br />

Website: www.tridentestates.co.ke<br />

TSG REALTY LTD<br />

Ground Floor Acorn House<br />

James Gichuru Road<br />

P. O. Box 53927 - 00200 NAIROBI.<br />

Tel: 0712 042 121/0724 771 067<br />

Website: www.bridgeinteractive.co.ke/tsg/<br />

TWO RIVERS DEVELOPMENT LTD<br />

9th Floor South Tower, Two Rivers Mall,<br />

P. O. Box 10518 - 00100 NAIROBI.<br />

Tel: 020 228 6160<br />

Website: www.centum.co.ke<br />

PENTAGON PROPERTIES LTD<br />

5th Floor, Empress Office Suites,<br />

P. O. Box 2451 – 00606 NAIROBI.<br />

Tel: 020 2498884<br />

Website: www.pentagonproperties.co.ke<br />

PIONEER HOLDINGS (AFRICA) LTD<br />

6th Floor, Pioneer House, Moi Avenue<br />

P. O. Box 20320 - 00200 NAIROBI.<br />

Tel: 020 2221775<br />

Website: www.pioneer-africa.com<br />

PRISSY<br />

APARTMENTS LTD<br />

PRISSY APARTMENTS LTD<br />

Highway Mall, Uhuru Highway<br />

P.O. Box 5067 – 00506 NAIROBI.<br />

Tel: 0722 121 313<br />

REALUX HOLDINGS LTD<br />

Universal Plaza, Kidfarmaco Area Kikuyu<br />

P.O. Box 101276 – 00101 NAIROBI.<br />

Tel: 0721 154 444<br />

Website: www.realuxholdings.co.ke<br />

UNITY HOMES LTD<br />

Shanzu Gardens,<br />

P. O. Box 933 – 00621 NAIROBI.<br />

Tel: 0707 662 250<br />

Website: www.unityhomes.co.ke<br />

USERNAME INVESTMENTS<br />

10th Floor, <strong>The</strong> Mirage Tower 3 and<br />

6th Floor, International Life House<br />

P. O. Box 66057 – 00800 NAIROBI.<br />

Tel: 0725 000 222/0725 000 680<br />

Website: www.usernameproperties.co.ke<br />

REAL ESTATE MANAGERS / AGENTS<br />

VAAL REAL ESTATE<br />

4th Floor E11, WU YI Plaza,<br />

Galana Road, Kilimani<br />

P. O. Box 20227 - 00100 NAIROBI.<br />

Tel: 0725 111 444 / 0790 554 433<br />

Website: www.vaal.co.ke<br />

VISHWA DEVELOPERS LTD<br />

DG Oasis, South C, Muhoho Road<br />

P. O. Box 76268 - 00508 NAIROBI.<br />

Tel: 020 2461445<br />

Website: www.dgpropertiesltd.com<br />

WOOD PRODUCTS KENYA LTD<br />

69 Enterprise Road<br />

P.O. Box 18009 – 00500 NAIROBI<br />

Tel: 0728 976 780<br />

Website: www.woodproducts.kenya.co.ke<br />

AXIS REAL ESTATE LTD<br />

<strong>The</strong> Rahimtulla Tower, No 8,<br />

Upper Hill Road<br />

P. O. Box 10730 - 00100 NAIROBI.<br />

Tel: 020 2724848<br />

Website: www.axisre.co.ke<br />

BROLL KENYA LTD<br />

Ground Floor, Westlands Office Park -<br />

Acacia Block, Waiyaki Way, Westlands<br />

P. O. Box 52727 – 00100 NAIROBI.<br />

Tel: 020 3742766<br />

Website: www.broll.co.ke<br />

KNIGHT FRANK KENYA LTD<br />

Ground Floor, Lions Place, Waiyaki Way<br />

P. O. Box 39773 - 00623 NAIROBI.<br />

Tel: 020 4239000<br />

Website: www.knightfrank.com<br />

ROZANA PROPERTIES LTD<br />

Ndemi Road, Kilimani<br />

P. O. Box 3291 - 00100 NAIROBI.<br />

Tel: 0728 562 578<br />

www.rozanaproperties.co.ke<br />

SAYANI INVESTMENTS LTD<br />

3rd Floor, IPS Building,<br />

P. O. Box 41648 – 00100 NAIROBI.<br />

Tel: 0726 481 702<br />

SHERRY BLUE PROPERTIES LTD<br />

3rd Floor, Imperial Court, Westlands Road<br />

P. O. Box 46402 – 00100 NAIROBI.<br />

Tel: 020 37445935<br />

Website: www.imarangroup.com<br />

SHREEJI DEVELOPMENT LTD<br />

No. 18 Lenana Road<br />

P. O. Box 101511 - 00101 NAIROBI.<br />

Tel: 0720 488 715<br />

Website: www.mavokopark.co.ke<br />

PAM GOLDING PROPERTIES LTD<br />

Fortis Tower, 10th Floor<br />

Woodvale Groove, Westlands<br />

P. O. Box 66365 - 00800 NAIROBI.<br />

Tel: 020 237 0090<br />

Website: www.pamgolding.co.ke<br />

REGENT MANAGEMENT LTD<br />

Regent House - UpperHill Road<br />

P. O. Box 79487 - 00200 NAIROBI.<br />

Tel: 0202 724 545<br />

Website: www.regent-mgt.com<br />

SHABAHA SOLUTIONS LTD<br />

Valley View Office Park<br />

City Park Dr, Nairobi<br />

P. O. Box 20 - 00627 NAIROBI.<br />

Tel: 0729 487 529<br />

Website: www.shabaharesidences.com<br />

TYSONS LTD<br />

First floor, Jubilee Insurance House<br />

Wabera Street NAIROBI.<br />

Tel: 0722 207 403<br />

Website: www.tysons.co.ke<br />

SIGIMO ENTREPRISES LTD<br />

6th Floor Rhapta Road, New Rehema<br />

Building, Westlands<br />

P. O. Box 66331 – 00800 NAIROBI.<br />

SJR PROPERTIES LTD<br />

Off Enterprise Road, Road C<br />

P. O. Box 38027 – 00623 NAIROBI.<br />

Tel: 020 2146813<br />

Website: www.sjr-properties.com<br />

SLOK CONSTRUCTION LTD<br />

Turi Complex Opposite Southern Sun<br />

Mayfair Hotel, Mogotio Rd<br />

P.O. Box 39244 - 00623, NAIROBI.<br />

Tel: 0755 871888<br />

Website: www.slokconstruction.co.ke<br />

SOHAIL DEVELOPMENTS LTD<br />

Lower Kabete Road, Westlands<br />

P. O. Box 47656 – 00100 NAIROBI.<br />

Tel: 020 2680611/0722 206 013<br />

Website: www.sohaildevelopments.com<br />

LAW FIRMS<br />

ANJARWALLA & KHANNA ADVOCATES<br />

3rd Floor, <strong>The</strong> Oval, Junction of Ring Road<br />

and Jalaram Road Westlands,.<br />

P. O. Box 200 - 00606, Sarit Centre NAIROBI.<br />

Tel: 0203 640 000/ 0703 032 000/0203 640 201<br />

Website: www.africalegalnetwork.com<br />

BALALA & ABED ADVOCATES<br />

FCB Mihrab Building,<br />

16th Floor Lenana Road<br />

P. O. Box 50929 - 00100 NAIROBI.<br />

Tel: 041 227 766<br />

Website: www.balala-abed.com<br />

COULSON HARNEY LLP<br />

5th Floor, ICEA Lion Centre, West Wing,<br />

Riverside Park, Chiromo Road<br />

P. O. Box 10643 - 00100 NAIROBI.<br />

Tel: 020 2899000<br />

Website: www.bowmanslaw.com<br />

TO JOIN KPDA<br />

SOMA PROPERTIES LTD<br />

4th Floor, Sarit Centre Westlands<br />

P.O. Box 14474 – 0800 NAIROBI.<br />

Tel: 0203 747 408/9<br />

Website: www.saritcentre.com<br />

SUPERIOR HOMES KENYA LTD<br />

Green Park Estate,<br />

Athi River, Mombasa Road<br />

P. O. Box 15992 – 00100 NAIROBI.<br />

Tel: 020 3579100/1<br />

Website: www.superiorhomes.co.ke<br />

14TREES KENYA LTD<br />

Regus Vienna Court, Cresent Road<br />

P. O. Box 10921 - 00100 NAIROBI.<br />

Tel: 0725 132 957<br />

Website: www.14trees.com<br />

TATU CITY LTD<br />

Off Ruiru, Kiambu Road, Ruiru<br />

P. O. Box 2739 - 00621 NAIROBI.<br />

Tel: 0708 555 555<br />

Website: www.tatucity.com<br />

KANAGA AND ASSOCIATES LTD<br />

Next To Nairobi Baptist Church,<br />

House No. 2, Ngong Road<br />

P. O. Box 51887 – 00100 NAIROBI.<br />

Tel: ‘0734 776 413<br />

Website: www.kanagaandassociates.co.ke<br />

KARANJA NJENGA AND COMPANY ADVOCATES<br />

3rd Floor, Surveyors Court,<br />

Woodvale Grove, Westlands<br />

P. O. Box 1775 - 00606 NAIROBI.<br />

Tel: 0725 452 889<br />

Website: www.knjenga.co.ke<br />

KHAYESI NJAMBI & KHAYESI ADVOCATES<br />

Utumishi Coop House, 4th Floor<br />

Mamlaka Rd off Nyerere Rd<br />

P.O. Box 7989 – 00300 NAIROBI.<br />

Tel: 0711 472 518<br />

Website: www.knkadvocates.co.ke<br />

KN LAW LLP<br />

5th Floor, <strong>The</strong> Pavilion, Westlands<br />

P. O. Box 52494 – 00200 NAIROBI.<br />

Tel: 020 3861305<br />

Website: www.kn.co.ke<br />

THE COMBINED<br />

WAREHOUSES<br />

LTD<br />

TECNOFIN KENYA LTD<br />

James Gichuru, Gate 162<br />

P. O. Box 28818 – 00100 NAIROBI<br />

Tel: 0725 161 936<br />

THE COMBINED WAREHOUSES LTD<br />

Refinery Place, Refinery Road<br />

Changamwe, Mombasa<br />

P. O. Box 81862 – 80100 MOMBASA.<br />

Tel: 0702 217 800<br />

THE EPIC PROPERTIES LTD<br />

Western Heights, Karuna Road,<br />

Westlands<br />

P. O. Box 4872 - 00200 NAIROBI.<br />

Tel: 0792 857 473/4<br />

Website: www.epicproperties.co.ke<br />

THE GODOWN ARTS CENTRE<br />

12 Dunga Road<br />

P.O. Box 27772 – 00506 NAIROBI.<br />

Tel: 0726 992 200<br />

Website: www.thegowdownartscentre.com<br />

KNOW ADVOCATES LLP<br />

<strong>The</strong> Stables<br />

2nd Floor, Suites 42 & 49, Karen Road<br />

P. O. Box 27970 – 00100 NAIROBI.<br />

Tel: 020 2667 425<br />

Website: www.knowadvocates.com<br />

MBOYA WANGONG’U & WAIYAKI ADVOCATES<br />

Lex Chambers, Maji Mazuri Road Off<br />

James Gichuru Road<br />

P. O. Box 74041 - 00200 NAIROBI.<br />

Tel: 020 3860183/4<br />

Website: www.lexgroupafrica.com<br />

MENEZES & PARTNERS ADVOCATES<br />

307, Dhanjay Apartments, Valley Arcade,<br />

Gitanga Road<br />

P.O. Box 29708 – 00100 NAIROBI.<br />

Tel: 020 522 7588<br />

Website: www.menezesandpartners.com<br />

MEREKA & CO. ADVOCATES<br />

7th Floor, Ukulima Co-operative House,<br />

P. O. Box 41620 – 00100 NAIROBI.<br />

Tel: 020 2226692<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate


26 27<br />

KPDA Register of Members<br />

KPDA Register of Members<br />

EPS PANEL MANUFACTURERS<br />

BUILDING MATERIAL MANUFACTURERS<br />

MMC AFRICA LAW<br />

MMC Arches Springs Valley Crescent,<br />

Off Peponi Road<br />

P. O. Box 75362 - 00200 NAIROBI.<br />

Tel: 020 2167301/2<br />

Website: www.wakili.com<br />

MURIMI AND COMPANY ADVOCATES<br />

2nd Floor, Electricity House,<br />

Harambee Avenue<br />

P. O. Box 54052 - 00200 NAIROBI.<br />

Tel: 020 2227701/2574177<br />

Website: www.mmurimiadvocates.com<br />

MW& COMPANY ADVOCATES LLP<br />

West Park Office Suites,<br />

4th Floor Ojijo Road<br />

P. O. Box 44468 - 00100 NAIROBI.<br />

Tel: 0729 331 400<br />

Website: www.mwc.legal<br />

MURIMI AND COMPANY ADVOCATES<br />

2nd Floor, Electricity House,<br />

Harambee Avenue<br />

P. O. Box 54052 - 00200 NAIROBI.<br />

Tel: 020 2227701/2574177<br />

Website: www.mmurimiadvocates.com<br />

BOLEYN MAGIC WALL PANEL LTD<br />

Liberty Plaza, Mombasa Road<br />

P. O. Box 18056 – 00500 NAIROBI.<br />

Tel: 020 3591088<br />

CEMEX HOLDINGS LTD<br />

Ruiru Kenya<br />

P. O. Box 45155 - 00100 NAIROBI.<br />

Tel: 0722 464 433<br />

Website: www.cmax.co.ke<br />

CLASSIC MOULDINGS LTD<br />

Kellicoo Comlex, Mombasa Road<br />

P. O. Box 3936 - 00506 NAIROBI.<br />

Tel: 0721 123 123<br />

Website: www.classic-mouldings.com<br />

KOTO HOUSING KENYA<br />

Koto House (Formerly the People Printing<br />

House), Mombasa Road (Mlolongo,<br />

Machakos County)<br />

P. O. Box 52494 - 00200 NAIROBI.<br />

Tel: 0789 80 89 91<br />

Website: www.kotohousingkenya.co.ke<br />

ARCHITECTURAL FIRMS<br />

CONTRACTOR FIRMS<br />

ENERGY SAVINGS SOLUTIONS<br />

BOOGERTMAN AND PARTNERS<br />

ARCHITECTS LTD<br />

Allianz Plaza,96 Riverside Drive, Nairobi<br />

P.O. Box 2047 – 00606 NAIROBI<br />

Tel: 020 440 8990 / 0736 399 361<br />

Website: www.boogertmanandpartners.com<br />

K&M ARCHPLAN LTD<br />

Marbella Karen Park, Off Karen Road<br />

P.O. Box 76240 – 00508 NAIROBI.<br />

Tel: 0745 792 175<br />

Website: www.kmarchplans.com<br />

MORPHOSIS LTD<br />

Katani Road<br />

P. O. Box 262 - 00202 NAIROBI.<br />

Tel: 0707 675 661<br />

Website: www.morphosis.co.ke<br />

PARAGON ARCHITECTS<br />

1st Floor, 33 Fricker Road. Illovo<br />

Boulevard Sandton,<br />

2196 Johannesburg, South Africa<br />

P. O. Box 2621 Houghton 2041<br />

SOUTH AFRICA.<br />

Tel: +27 (0) 83 449 2670<br />

Website: www.paragon.co.za<br />

SARMA ENTERPRISES LTD<br />

Komarock Road, Near Bridge<br />

P. O. Box 16808 - 00620 NAIROBI.<br />

Tel: 0722 615 625<br />

Website: www.sarma.co.ke<br />

QUESTWORKS<br />

Questworks Place, Makueni Road and<br />

Vihiga Road Junction, Kileleshwa<br />

P. O. Box 18724 - 00500, NAIROBI.<br />

Tel: 0724 583 351<br />

Website: www.questworks.co.ke<br />

DAVIS AND SHIRTLIFF LTD<br />

Dundori Road, Industrial Area<br />

P. O. Box 41762 – 00100 NAIROBI.<br />

Tel: 020 6968000<br />

Website: www.davisandshirtliff.com<br />

TECHNICAL ENGINEERING SERVICES LTD<br />

91/269 Gigiri Off United Nations<br />

Avenue, Gigiri<br />

P.O. Box 45375 – 00100 NAIROBI.<br />

Tel: 0780 843 766 / 0780 396 264<br />

PROJECT MANAGERS<br />

PAINT SUPPLIER ONLINE PLATFORMS CAR AND GENERAL<br />

VILLASOFT LTD<br />

BUY RENT KENYA LTD<br />

5th Floor, Grosvenor Building<br />

14 Riverside Drive<br />

P. O. Box 580777 – 00200 NAIROBI.<br />

Tel: 020 2307051<br />

Website: www.buyrentkenya.com<br />

DLR GROUP AFRICA LTD<br />

7th Floor Block/Eden Square Complex,<br />

Chiromo Road<br />

P. O. Box 856 – 00606 NAIROBI.<br />

Tel: 020 3673710<br />

Website: www.dlrgroup.com<br />

TANDEM AND STARK LTD<br />

3rd Floor, <strong>The</strong> Green House Suite 15,<br />

Adams Arcade<br />

P. O. Box 53328 - 00200 NAIROBI.<br />

Tel: 020 2318992/2055945<br />

Website: www.tandemandstark.com<br />

GLOBAL PROPERTY ADVICE<br />

St Petersburg<br />

P. O. Box 42882 - 00100 NAIROBI.<br />

Tel: 0718 920 995<br />

www.globalpropertyadvice.com<br />

KANSAI PLASCON KENYA LTD<br />

Jirore Road, Off Enterprise Rd Industrial Area<br />

P.O. Box 18011 – 00500 NAIROBI.<br />

Tel: 020 6555 711/0730 699222/000<br />

Website: www.plascon.co.ke<br />

IBUILD KENYA LTD<br />

1st Floor, Top Plaza<br />

Kindaruma Rd NAIROBI.<br />

Tel: 020 389 2094/ 0748 395 573<br />

Website: www.ibuild.global<br />

VILLASOFT LTD<br />

26 Mogotio Road Royal Offices<br />

P.O. Box 123 - 00100 NAIROBI.<br />

Tel: 0727 356 981<br />

Website: www.smartkodi.co.ke<br />

CUMMINS C&G LTD<br />

New Cargen House Lusaka Road,<br />

Industrial Area<br />

P.O. Box 20001 - 00200 NAIROBI.<br />

Tel: 0206 943 000 / 0206 943 100<br />

Website: www.cumminscargen.com<br />

ASSOCIATIONS<br />

ADVISORY FIRMS<br />

FINANCIAL INSTITUTIONS/MORTGAGE BANKS<br />

REITS ASSOCIATION OF KENYA (RAK)<br />

55 Westlands Road<br />

P. O. Box 43633 - 00100 NAIROBI.<br />

Tel: 0202 831 000<br />

Website: www.rak.co.ke<br />

TOWN AND COUNTY PLANNERS<br />

ASSOCIATION OF KENYA (TCPAK)<br />

White Court, Galana Road, Kilimani<br />

P. O. Box 38027 – 0010 NAIROBI.<br />

Tel: 0725 028 572<br />

Website: www.tcpak.com<br />

EMERGE DEVELOPMENTS LTD<br />

<strong>The</strong> Pavillion,<br />

4th Floor Mwanzi Road Westlands<br />

P. O. Box 2057- 00606 NAIROBI.<br />

Tel: 0796 129 925<br />

Website: www.emerge-ea.com<br />

TO JOIN KPDA<br />

COMMERCIAL BANK OF AFRICA LTD<br />

Mara and Ragati Roads, Upper Hill, Nairobi<br />

P. O. Box 30437 - 00100 NAIROBI.<br />

Tel: 020 2884648<br />

Website: www.cbagroup.com<br />

COMMONWEALTH<br />

HOUSING MUTUAL<br />

HELP GROUP<br />

Al-twawon Educational, Korogocho<br />

P. O. Box 7749 - 00100 NAIROBI.<br />

Tel: 0770 068 874<br />

Website: www.commonwealthhousinggroup.org<br />

FUSION CAPITAL LTD<br />

Ground Floor, ACK Garden House, Block A<br />

P. O. Box 47538 - 00100 NAIROBI.<br />

Tel: 020 2710149/53<br />

Website:www.fusioncapitalafrica.com<br />

INVHESTIA AFRICA LTD<br />

Ground Floor, Block B, Methodist<br />

Ministries Center, Oloitoktok Road<br />

P. O. Box 24350 – 00100 NAIROBI<br />

Tel: 20 4400692<br />

Website: www.invhestia.com<br />

CEMENT PRODUCERS<br />

SECURITY PROVIDERS<br />

BAMBURI CEMENT LTD<br />

6th Floor, Kenya Re Towers, Upperhill<br />

P. O. Box 10921 – 00100 NAIROBI.<br />

Tel: 020 2893000<br />

Website: www.bamburicement.com<br />

RHOMBUS CONCRETE LTD<br />

Tara Road, Ridgeways Off Kiambu Road<br />

P. O. Box 15570 - 00100 NAIROBI.<br />

Tel: 020 2172255<br />

Website: www.rhombusconcrete.com<br />

SAVANNAH CEMENT LTD<br />

Athi River, Off Namanga Road<br />

P. O. Box 27910 - 00100, NAIROBI.<br />

Tel: 0725 999 036<br />

Website: www.savannahcement.com<br />

SECUREMAN SERVICES LTD<br />

83 Place, Kabarnet Road,<br />

P. O. Box 6096 - 00100 NAIROBI.<br />

Tel: 020 2000931<br />

Website: www.secureman.co.ke<br />

KENYA COMMERCIAL BANK LTD<br />

18th Floor, Lonrho House<br />

P. O. Box 45129 - 00100 NAIROBI<br />

Tel: 020 4955000<br />

Website: www.kcbbankgroup.com<br />

POPOTE PAYMENTS LTD<br />

2nd Floor, Block A<br />

Magharibi Place Building<br />

P. O. Box 25929 – 00100 NAIROBI.<br />

Tel: 0708 351 382<br />

Website: www.popotepayments.co.ke<br />

SPEARHEAD AFRICA LTD<br />

2nd Floor, Corner House, Mama Ngina Street<br />

P. O. Box 57567 – 00200 NAIROBI<br />

Tel: 020 513 7011<br />

Website: www.spearheadafrica.co.ke<br />

STANLINB FAHARI I-REIT<br />

Liberty House 1st Floor Mamlaka Road<br />

P.O. Box 30550 – 00100 NAIROBI.<br />

Tel: 0203 268 646<br />

Website: www.stanlibfahariireit.com<br />

INTERIOR DESIGNERS<br />

CERAMIC SUPPLIERS<br />

GOVERNMENT INSTITUTIONS<br />

DAHUA TECHNOLOGY KENYA LTD<br />

Mitsumi Business Park, Muthithi Road,<br />

Westlands<br />

Tel: 0796 212 197<br />

Website: www.dahuasecurity.com<br />

ROOFING PRODUCT SUPPLIERS<br />

NEWLINE LTD<br />

Ground Floor, Chester House, Loita Street<br />

P. O. Box 10245 – 00100 NAIROBI.<br />

Tel: 020 3315110/3<br />

Website: www.newline.co.ke<br />

NEWMATIC AFRICA LTD<br />

James Gichuru Road, Off Waiyaki Way,<br />

Lavington,<br />

Next to Muthangari Police Station<br />

P. O. Box 75362 - 00200 NAIROBI.<br />

Tel: 0711 477 711<br />

Website: www.newmaticafrica.com<br />

ALUMINIUM FORMWORK SUPPLIERS<br />

SAJ CERAMICS LTD<br />

Mombasa Road - Opposite Doshi Hardware<br />

P. O. Box 45244 - 00100 NAIROBI.<br />

Tel: 020 3587001/2/3/4<br />

Website: www.sajceramics.com<br />

VEDMAN<br />

CAPITAL LTD<br />

VEDMAN CAPITAL LTD<br />

KEMU Hub, 4th Floor<br />

P.O. Box 76156 – 00508 NAIROBI.<br />

Tel: 0722 723 110<br />

UNTAPPED WATER LTD KENYA<br />

P.O. Box 22494 - 00505 NAIROBI.<br />

Tel: 0748 828 397<br />

Website: www.untapped-inc.com<br />

POLISH INVESTMENT & TRADE AGENCY<br />

5th Floor, Flamingo Towers<br />

Mara Road Upperhill<br />

P.O. Box 48539 – 00100 NAIROBI.<br />

Tel: 0722 863 959 / 0789 802 522<br />

Website: www.kenya.trade.gov.pl<br />

STATE DEPARTMENT FOR HOUSING AND<br />

URBAN DEVELOPMENT<br />

Ardhi House, 1st Ngong Avenue<br />

P. O. Box 30450 – 00100NAIROBI<br />

Tel: 020 2713833<br />

Website: www.lands.go.ke<br />

G&G MABATI MILLS LTD<br />

Westend Place Building off Langata Rd<br />

P.O. BOX 50264 – 0020 NAIROBI.<br />

Tel: 0701 603 777/0722 519 629<br />

MABATI ROLLING MILLS LTD<br />

A 104, Athi River, Kenya<br />

P. O. Box 271 – 00204 NAIROBI.<br />

Tel: 0722 205 396/0722 205<br />

397/0722 261 299<br />

Website: www.mabati.com<br />

ALI FABRICATION SOLUTIONS LTD<br />

Fortis Industrial Park - Syokimau<br />

P. O. Box 10911 – 00400 NAIROBI.<br />

Tel: 0721 691 786<br />

Website: www.alifab.co.ke<br />

KUMKANG KIND EAST AFRICA LTD<br />

<strong>The</strong> Mirage, Office 15A, Chiromo Road,<br />

Westlands<br />

P. O. Box 51034 – 00200 NAIROBI.<br />

Tel: 020 - 250082/0714 078 661<br />

/0721 335 749<br />

Website: kumkangkind.com<br />

In order to join KPDA, kindly contact the Membership Relations Officer, Cynthia Wakio through<br />

the telephone number 0737 530 290 or 0725 286 689 or by email ceo@kpda.or.ke.<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate


Under the patronage of the Ministry of Transport, Infrastructure, Housing,<br />

Urban Development and Public Works<br />

29<br />

5 - 7 NOVEMBER <strong>2019</strong><br />

KICC, NAIROBI<br />

10:00 - 18:00<br />

OFFICIAL EXHIBITION OF KENYA’S NATIONAL CONSTRUCTION WEEK<br />

KPDA NCCG Building Permitting Approvals Report, January – June <strong>2019</strong><br />

<strong>The</strong> KPDA Nairobi City County<br />

Government (NCCG) Building<br />

Permitting Approvals Report<br />

January - June <strong>2019</strong><br />

By Kenya Property Developers Association<br />

New Exhibitors. More Innovation.<br />

More Workshops. Global Speakers.<br />

220+<br />

Exhibitors<br />

40 CPD<br />

Certified Workshops<br />

Register for free entry<br />

11,000+<br />

Industry Professionals<br />

www.thebig5constructkenya.com/reg<br />

<strong>The</strong> KPDA NCCG Building Permitting Approvals<br />

Activity Report provides a summary of<br />

statistical information on planning permitting<br />

activity in Nairobi for January to June <strong>2019</strong>. Only<br />

statistics received from the Nairobi City County<br />

Government, Urban Planning Department have been<br />

used as references.<br />

This report uses building permitting approval<br />

requests submitted to the Nairobi City County<br />

Government which are then analyzed and approved<br />

by a specialist committee appointed by the Urban<br />

Planning Department of the Nairobi City County<br />

Government. <strong>The</strong> report contains information<br />

on applications that have been approved by the<br />

specialist committee highlighting development<br />

locations, types, values, application revenues and<br />

process performances.<br />

While every reasonable effort is made to ensure that the information provided in this report is accurate no guarantee for the currency or accuracy of<br />

information is made. <strong>The</strong> permitting data was provided to the KPDA by the Nairobi City County Development Control Section, Urban Planning Sector.<br />

Official Government<br />

Partner<br />

Organised by<br />

#Big5kenya<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate


30 3<br />

31<br />

2<br />

KPDA NCCG Building Permitting Approvals Report, January – June <strong>2019</strong><br />

SUMMARY STATISTICS<br />

A total of 957 planning permit applications were<br />

223.82 with the submission fee averaging Kshs.<br />

approved from January to June <strong>2019</strong>. <strong>The</strong>y were 327, 839.52.<br />

worth Kshs. 59.54 Billion, giving the county a<br />

Kenyan Building Code of 1997 classifies<br />

total of Kshs. 313.4 Million of revenue in terms of how buildings of different classes should be<br />

SUMMARY submission STATISTICS fees.<br />

constructed. For January to June the approvals<br />

<strong>The</strong> highest investment of Kshs.4.275 Billion<br />

made are classified as follows:<br />

‣ A in total real of estate 957 planning Nairobi permit County applications went to were the approved from January 77% to (739) June- <strong>2019</strong>. Domestic <strong>The</strong>y Class were (commercial<br />

worth Kshs. 59.54 Billion, giving the county a total of Kshs. 313.4 Million of revenue in terms of<br />

proposed renewal of plan No. CPL-AL459-<br />

developments, domestic buildings and<br />

submission fees.<br />

Islamic Centre, done by Adams Charitable Trust<br />

offices)<br />

‣ <strong>The</strong> in Dagoretti highest investment North Sub of Kshs.4.275 County. <strong>The</strong> Billion approval in real estate in Nairobi County 15% (139) went - Public to the proposed Class (social halls,<br />

renewal earned of the plan County No. CPL-AL459- revenue amounting Islamic Centre, to Kshs. done by Adams Charitable religious buildings, Trust in Dagoretti libraries, schools, etc.)<br />

North 15, 000. Sub County. However, <strong>The</strong> the approval approval earned that the paid County the revenue amounting 8% to (79) Kshs. - Warehouse 15, 000. However, Class (industries,<br />

the approval that paid the highest submission fee of Kshs. 22, 978, 000 was for the proposed<br />

highest submission fee of Kshs. 22, 978, 000<br />

factories, and go downs)<br />

business Bay Square mixed use development-stalls, retail shops, hotel, residential units to be<br />

developed was for the by proposed Ten Commodities business Wholesale Bay Square Limited along General Waruinge Road in Eastleigh,<br />

Kamukunji mixed use Sub development-stalls, County.<br />

retail shops,<br />

From the data, 13% of the 175, 000 acres of the<br />

hotel, residential units to be developed by Ten<br />

county were approved to be under some sort<br />

‣ On Commodities average, the Wholesale estimated value Limited of building along General developments approved of construction was Kshs. or 62, renovation 213, 223.82 with Kasarani,<br />

with the submission fee averaging Kshs. 327, 839.52.<br />

Waruinge Road in Eastleigh, Kamukunji Sub<br />

Dagoretti North, Lang’ata and Embakasi Central<br />

‣ Kenyan County. Building Code of 1997 classifies how buildings of different being classes the should areas be where constructed. most land activity was<br />

For On January average, to the Juneestimated the approvals value made of building are classified as follows: taking place during that period in that order.<br />

developments ♣ 77% (739) -approved Domestic Class was Kshs. (commercial 62, 213, developments, domestic buildings and offices)<br />

♣ 15% (139) - Public Class (social halls, religious buildings, libraries, schools, etc.)<br />

♣ 8% (79) - Warehouse Class (industries, factories, and go downs)<br />

PERMIT APPLICATION ACTIVITY BY SUB-COUNTY<br />

‣ From the data, 13% of the 175, 000 acres of the county were approved to be under some sort of<br />

Lang’ata, Westlands, Dagoretti North, Kamukunji respectively. Westlands also received the highest<br />

construction or renovation with Kasarani, Dagoretti North, Lang’ata and Embakasi Central being<br />

the and areas Embakasi where most East land Sub Counties activity was received taking place the during that revenue period in in that terms order. of submission fees, with<br />

highest number of building permit approvals<br />

Kamukunji and Dagoretti North in second and<br />

PERMIT (160, APPLICATION 160, 98, 67 and ACTIVITY 63) respectively.<br />

BY SUB-COUNTY<br />

third positions respectively. On the other hand,<br />

Westlands, Dagoretti North, Lang’ata and<br />

Mathare, Kibra and Embakasi North contributed<br />

‣ Lang’ata, Westlands, Dagoretti North, Kamukunji and Embakasi East Sub Counties received the<br />

highest<br />

Starehe<br />

number<br />

saw the<br />

of building<br />

most investment<br />

permit approvals<br />

by developers<br />

(160, 160, 98, 67 and 63)<br />

the<br />

respectively.<br />

least to the county’s real estate revenue.<br />

Top 10 Sub Counties by Approvals<br />

‣ Westlands, Dagoretti North, Lang’ata and Starehe saw the most investment by developers<br />

respectively.<br />

KPDA<br />

Westlands<br />

NCCG<br />

also<br />

Building<br />

received<br />

Permitting<br />

the highest<br />

Approvals<br />

revenue in terms<br />

Report,<br />

of submission<br />

January<br />

fees,<br />

– June<br />

with<br />

<strong>2019</strong><br />

Kamukunji and Dagoretti North in second and third positions respectively. On the other hand,<br />

PERMIT Mathare, APPLICATION Kibra and Embakasi ACTIVITY North BY SUB-COUNTY contributed the (CONT.) least to the county’s real estate revenue.<br />

14936278000<br />

16464443195<br />

Amount of Investments by Sub Counties<br />

1478465000<br />

1849310000<br />

1977208048<br />

2709836000<br />

3001372700<br />

3375206108<br />

4602402600<br />

5108039516<br />

Total Submission Fee Sub County<br />

Westlands<br />

Dagoretti North<br />

Lang'ata<br />

Starehe<br />

Kamukunji<br />

Makadara<br />

Dagoretti South<br />

Roysambu<br />

Embakasi East<br />

Kasarani<br />

70000000<br />

60000000<br />

50000000<br />

40000000<br />

30000000<br />

20000000<br />

Total<br />

10000000<br />

0<br />

160 160<br />

98<br />

Total<br />

BUILDING CLASS AND ZONAL USER DENSITY ACTIVITY IN NAIROBI<br />

67 63 57 55 54 50 48<br />

According to the Kenya building code of 1997;<br />

Class D - means any building which is neither a public building nor a building of the warehouse<br />

class. <strong>The</strong>y are majorly residential but a few are also commercial.<br />

While every reasonable effort is made to ensure that the information provided in this report is<br />

accurate no guarantee for the currency or accuracy of information is made. <strong>The</strong> permitting data<br />

was provided to the KPDA by the Nairobi City County Development Control Section, Urban<br />

Planning Sector.<br />

While every reasonable effort is made to ensure that the information provided in this report is accurate no guarantee for the currency or accuracy of<br />

information is made. <strong>The</strong> permitting data was provided to the KPDA by the Nairobi City County Development Control Section, Urban Planning Sector.<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

Class P - means a building used or intended to be used either ordinarily or occasionally, as a<br />

church, chapel or other places of public worship, or as a hospital, public institution, college or<br />

While every reasonable effort is made to ensure that the information provided in this report is accurate no guarantee for the currency or accuracy of<br />

information is made. <strong>The</strong> permitting data was provided to the KPDA by the Nairobi City County Development Control Section, Urban Planning Sector.<br />

While every reasonable effort is made to ensure that the information provided in this report is<br />

accurate no guarantee for the currency or accuracy of information is made. <strong>The</strong> permitting data<br />

<strong>The</strong> was Challenging provided Kenyan to the Economy: KPDA Prospects by in the Real Nairobi Estate City County Development Control Section, Urban<br />

Planning Sector.


‣ In comparison to last year there has been a slight increase in investments in the industrial sector<br />

32 33<br />

KPDA NCCG Building Permitting Approvals Report, February - March <strong>2019</strong><br />

BUILDING CLASS AND ZONAL USER DENSITY ACTIVITY IN NAIROBI<br />

KPDA NCCG Building Permitting Approvals Report, February - March <strong>2019</strong><br />

BUILDING CLASS AND ZONAL USER DENSITY ACTIVITY IN NAIROBI (CONT.)<br />

4<br />

According to the Kenya building code of 1997;<br />

used or intended to be used, wither ordinarily or<br />

occasionally, for any other public purpose.<br />

Class D - means any building which is neither a public<br />

building nor a building of the warehouse class. <strong>The</strong>y Class W - means a building designed or lawfully used<br />

are school majorly not residential being but merely a few a are private also commercial. dwelling house as a warehouse, so used, go-down theatre, or public factory, hall, or for carrying public concert<br />

room, public ballroom, public lecture room, or on public a wholesale exhibition business, room, but does or not as include a public any place of<br />

Class assembly P - means for a building persons used admitted or intended thereto to be by tickets living or accommodation otherwise, or which used may or form intended part of to or be be used,<br />

used wither either ordinarily or or occasionally, a for church, any other annexed public purpose.<br />

to such building, and the formation of an<br />

chapel or other places of public worship, or as a<br />

access to a plot.<br />

hospital, Class Wpublic - means institution, a building college designed or school not or lawfully used as a warehouse, go-down or factory, or for<br />

being carrying merely on a private a wholesale dwelling business, house so used, but does not As include usual, majority any living of the accommodation approvals made (77%) which may form<br />

theatre, part of public or be hall, annexed public concert to such room, building, public and the were formation submitted of under an access the building to a plot. class category<br />

ballroom, public lecture room, or public exhibition domestic class which includes domestic buildings,<br />

As room, usual, or as majority a public place of the of assembly approvals for persons made (77%) commercial were submitted developments under and the offices. building class category<br />

domestic<br />

admitted thereto<br />

class<br />

by<br />

which<br />

tickets<br />

includes<br />

or otherwise,<br />

domestic<br />

or<br />

buildings, commercial developments and offices.<br />

5<br />

This is an indication that more investments are<br />

always going to accommodate the ballooning<br />

population in the county that harbors the country’s<br />

capital city as more people trickle in to mainly work<br />

in the county.<br />

More than Kshs. 40 Billion was invested in<br />

residential usage while Kshs. 4 Billion was<br />

invested in industrial usage in an era when the<br />

government is keen on industrialization out of<br />

the Kshs. 59, 538, 055, 197 worth of investments.<br />

<strong>The</strong> figures are an indication of the ever –<br />

growing demand for residential houses in Nairobi<br />

county owing to the fact over 6.5 million people<br />

live within the suburbs of Nairobi and work in the<br />

CBD.<br />

In comparison to last year there has been a slight<br />

increase in investments in the industrial sector<br />

owing to the fact that industrialization is one of<br />

the big 4 agendas of the government<br />

Pecentage of Permits issued Per Building<br />

Class<br />

79, 8%<br />

139, 15%<br />

D<br />

739, 77%<br />

P<br />

W<br />

‣ In terms of submission fees Residential buildings posted the highest amount at Kshs. 213, 663<br />

817 with Industrial use buildings coming at fourth at Kshs. 31, 615, 779.92<br />

This is an indication that more investments are always going to accommodate the ballooning<br />

population in the county that harbors the country’s capital city as more people trickle in to mainly<br />

work in the county.<br />

‣ More than Kshs. 40 Billion was invested in residential usage while Kshs. 4 Billion was invested in<br />

industrial usage in an era when the government is keen on industrialization out of the Kshs. 59,<br />

538, 055, 197 worth of investments.<br />

While every reasonable effort is made to ensure that the information provided in this report is accurate no guarantee for the currency or accuracy of<br />

information is made. <strong>The</strong> permitting data was provided to the KPDA by the Nairobi City County Development Control Section, Urban Planning Sector.<br />

‣ <strong>The</strong> figures are an indication of the ever – growing demand for residential houses in Nairobi<br />

county owing to the fact over 6.5 million people live within the suburbs of Nairobi and work in<br />

the CBD.<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

While every reasonable effort is made to ensure that the information provided in this report is accurate no guarantee for the currency or accuracy of<br />

information is made. <strong>The</strong> permitting data was provided to the KPDA by the Nairobi City County Development Control Section, Urban Planning Sector.<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate


34 Residential Public Industrial Use Commercial<br />

35<br />

KPDA NCCG Building Permitting Approvals Report, February - March <strong>2019</strong><br />

BUILDING CLASS AND ZONAL USER DENSITY ACTIVITY IN NAIROBI (CONT.)<br />

‣ In terms of submission fees Residential buildings posted the highest amount at Kshs. 213, 663,<br />

In 817 terms with of submission Industrial fees use Residential buildings buildings coming posted at fourth the highest at Kshs. amount 31, at 615, Kshs. 213, 779.92 663, 817 with<br />

Industrial use buildings coming at fourth at Kshs. 31, 615, 779.92<br />

KPDA NCCG Building Permitting Approvals Report, February - March <strong>2019</strong><br />

BUILDING CLASS BY LOCALITY<br />

Top 10 Localities by Approval<br />

80<br />

70<br />

60<br />

50<br />

40<br />

78<br />

30<br />

20<br />

10<br />

46<br />

35 34 33<br />

24 22 22 20 17<br />

Total<br />

0<br />

6<br />

‣ Residential buildings recorded the highest number of approvals at 709 in comparison to public,<br />

Residential industrial buildings and commercial recorded the buildings highest number which of approvals were recorded at 709 in comparison at 109, 82 to and public, 57 industrial respectively.<br />

and commercial buildings which were recorded at 109, 82 and 57 respectively.<br />

Number of Approvals by Zonal User/Density<br />

While every reasonable effort is made to ensure that the information provided in this report is<br />

709<br />

accurate no guarantee for the currency or accuracy of information is made. <strong>The</strong> permitting data<br />

was provided to the KPDA by the Nairobi City County Development Control Section, Urban<br />

Planning Sector.<br />

109<br />

82<br />

57<br />

Total<br />

7<br />

‣ <strong>The</strong> highest development permits permits for January for January – June <strong>2019</strong> – June were approved <strong>2019</strong> were in Karen, approved Eastleigh, in Karen, Kilimani Eastleigh,<br />

and<br />

Industrial Kilimani Area and with Industrial domestic Area infrastructures with domestic dominating infrastructures these areas dominating except Industrial in these Area areas where except in<br />

Warehouses Industrial Area and Factories where dominated. Warehouses and Factories dominated.<br />

Karen had the highest building class approvals at 65 in terms of domestic infrastructures while Kilimani,<br />

‣ Westlands Karen had and the CBD highest recorded building the lowest class number approvals of building at 65 class in approvals terms of at domestic 1 each in terms infrastructures of while<br />

warehouses Kilimani, Westlands public infrastructures.<br />

and CBD recorded the lowest number of building class approvals at 1 each<br />

in terms of warehouses and public infrastructures.<br />

Building Class Approvals by Locality<br />

While every reasonable effort is made to ensure that the information provided in this report is<br />

accurate 70 65 no guarantee for the currency or accuracy of information is made. <strong>The</strong> permitting data<br />

was provided to the KPDA by the Nairobi City County Development Control Section, Urban<br />

60<br />

Planning Sector.<br />

50<br />

40<br />

40<br />

32 33<br />

30<br />

Total<br />

24<br />

24<br />

21<br />

20<br />

17<br />

16<br />

13<br />

14<br />

10<br />

10<br />

6<br />

5<br />

1 2<br />

1<br />

3<br />

1<br />

3<br />

0<br />

D P D P D P W D W D D D P D P D P W D P<br />

Residential Public Industrial Use Commercial<br />

Karen Eastleigh Kilimani Industrial AreaNasraRunda South C Westlands CBD Riruta<br />

While every reasonable effort is made to ensure that the information provided in this report is accurate no guarantee for the currency or accuracy of<br />

information is made. <strong>The</strong> permitting data was provided to the KPDA by the Nairobi City County Development Control Section, Urban Planning Sector.<br />

While every reasonable effort is made to ensure that the information provided in this report is accurate no guarantee for the currency or accuracy of<br />

GRAPHS information DEPICTING is made. <strong>The</strong> permitting PERIOD data OF was APPROVALS<br />

provided to the KPDA by the Nairobi City County Development Control Section, Urban Planning Sector.<br />

BUILDING CLASS BY LOCALITY<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

‣ May was the busiest month for the approving committee, recording 231 approvals. Most of the<br />

<strong>The</strong> development Challenging Kenyan projects Economy: took Prospects 1 to in 7 Real days Estate to be approved whereas a few other projects took over<br />

a year to be approved.


D P D P D P W D W D D D P D P D P W D P<br />

Karen Eastleigh Kilimani Industrial AreaNasraRunda South C Westlands CBD Riruta<br />

36 37<br />

KPDA NCCG Building Permitting Approvals Report, February - March <strong>2019</strong><br />

GRAPHS DEPICTING PERIOD OF APPROVALS<br />

KPDA NCCG Building Permitting Approvals Report, February - March <strong>2019</strong><br />

GRAPHS DEPICTING PERIOD OF APPROVALS<br />

‣ May was the busiest month for the approving committee, recording 231 approvals. Most of the<br />

development May was the busiest projects month took for the 1 approving to 7 days committee, to be approved recording whereas 231 approvals. a few Most other of projects the took over<br />

a development year to be projects approved. took 1 to 7 days to be approved whereas a few other projects took over a year to be<br />

approved.<br />

COMPARATIVE ANALYSIS BETWEEN THE TWO QUARTERS OF <strong>2019</strong><br />

1st QUARTER (KSHS)<br />

<strong>2019</strong> QUARTERS<br />

2ND QUARTER (KSHS)<br />

250<br />

200<br />

Total Number of Monthly Approvals between January to<br />

June <strong>2019</strong><br />

213<br />

231<br />

9<br />

ESTIMATED VALUE 32, 189, 186,059 27, 348, 869,138<br />

SUBMISSION FEE 168, 865, 426.5 144, 549,149.5<br />

BUILDING CLASS<br />

APPROVALS<br />

DOMESTIC 314 425<br />

PUBLIC 56 83<br />

150<br />

100<br />

50<br />

89<br />

101<br />

167<br />

156<br />

Total<br />

WAREHOUSE 33 46<br />

‣ <strong>The</strong> <strong>The</strong> highest highest estimated value value was was recorded during during first first Quarter of of the the year with the least value<br />

being being the in Second the Second Quarter Quarter of the of the year. year.<br />

Building Class Approvals by Quarters<br />

8<br />

0<br />

January March Febraury April May June<br />

450<br />

400<br />

425<br />

Q1<br />

GRAPHS DEPICTING VALUE OF PROJECTS APPROVED AND THEIR REVENUE CONTRIBUTION TO<br />

NAIROBI GRAPHS COUNTY. DEPICTING VALUE OF PROJECTS APPROVED AND THEIR REVENUE CONTRIBUTION<br />

TO NAIROBI COUNTY<br />

Q2<br />

350<br />

300<br />

250<br />

314<br />

COST OF THE PROJECTS APPROVED<br />

While every reasonable effort is made to ensure that the information provided in this report is<br />

accurate no guarantee for the currency or accuracy of information is made. <strong>The</strong> permitting data<br />

was provided 382 383 to the KPDA by the Nairobi City County Development Control Section, Urban<br />

Planning Sector.<br />

200<br />

150<br />

100<br />

50<br />

56<br />

33<br />

83<br />

46<br />

Total<br />

0<br />

D P W D P W<br />

45<br />

19 15 8<br />

88<br />

3 2 5 1 0 6<br />

Total<br />

Q1<br />

Q2<br />

Domestic buildings had the highest number of approvals and most were approved in the<br />

‣ Domestic buildings had the highest number of approvals and most were approved in the second<br />

second quarter (425). Public amenities such as social halls came in second with most<br />

quarter (425). Public amenities such as social halls came in second with most approvals taking<br />

place<br />

approvals<br />

in the second<br />

taking<br />

quarter<br />

place in<br />

(83).<br />

the second quarter (83).<br />

‣ Out of of 957 957 buildings, 382 382 cost cost ten million ten million and below, and 383 below, cost between 383 cost ten between and fifty million ten and and fifty 192 projects million and<br />

192 were projects valued over were fifty million. valued over fifty million.<br />

COMPARATIVE ANALYSIS BETWEEN THE TWO QUARTERS OF <strong>2019</strong><br />

While every reasonable effort is made to ensure that the information provided in this report is accurate no guarantee for the currency or accuracy of<br />

information is made. <strong>The</strong> permitting data was provided to the KPDA by the Nairobi City County Development Control Section, Urban Planning Sector.<br />

<strong>2019</strong> QUARTERS<br />

<strong>The</strong> Challenging Kenyan Economy: Prospects in Real Estate<br />

1 st QUARTER<br />

(KSHS)<br />

2 ND QUARTER<br />

(KSHS)<br />

FOR MORE INFORMATION, KINDLY CONTACT THE KPDA SECRETARIAT<br />

Kenya Property Developers Association<br />

Fatima Flats, Suite B4<br />

Marcus Garvey Road<br />

Off Argwings Kodhek, Kilimani Area<br />

P. O. Box 76154 – 00508 Nairobi, Kenya<br />

Telephone: +254 737 530 290/0725 286 689<br />

Email: ceo@kpda.or.ke<br />

Website: www.kpda.or.ke<br />

While every reasonable effort is made to ensure that the information provided in this report is accurate no guarantee for the currency or accuracy of<br />

information is made. <strong>The</strong> permitting data was provided to the KPDA by the Nairobi City County Development Control Section, Urban Planning Sector.<br />

FOR <strong>The</strong> MORE Challenging INFORMATION, Kenyan Economy: KINDLY Prospects CONTACT in Real Estate THE KPDA SECRETARIAT<br />

Kenya Property Developers Association


CORPORATE<br />

NETWORKING<br />

KOROGA EVENT<br />

SPICE ROOTS<br />

RESTAURANT<br />

Sikh Union Club located along<br />

Forest Road next to Premier School.<br />

@KPDA_Ke<br />

FRIDAY<br />

22ND<br />

NOV <strong>2019</strong><br />

Kenya Property<br />

Developers Association<br />

#KorogaNaKPDA<br />

KPDA Members Cocktail Event<br />

(5.30pm – 9.30pm)<br />

<strong>The</strong>me: TBC<br />

Date: Thursday, 20th February 2020<br />

Venue: TBC<br />

Organizers:<br />

KPDA, Tel: 0725 286 689/0737 530 290<br />

Sponsorship Opportunities Available!!<br />

Calendar<br />

of Events<br />

2020<br />

FEBRUARY MARCH APRIL<br />

KPDA CEO Breakfast Forum<br />

(7.30am – 10.30am)<br />

<strong>The</strong>me: TBC<br />

Date: Tuesday, 3rd March 2020<br />

Venue: Nairobi Serena Hotel<br />

Organizers:<br />

KPDA, Tel: 0725 286 689/0737 530 290<br />

Sponsorship Opportunities Available!!<br />

Kenya Property Developers Association<br />

is the Representative Body of the<br />

Residential, Commercial and Industrial<br />

Property Development Sector in Kenya.<br />

East African Property Investment Summit<br />

(EAPI)<br />

<strong>The</strong>me: TBC<br />

Date: 1st – 2nd April 2020<br />

Venue: Radisson Blu Hotel, Nairobi<br />

Organizer:<br />

API Events<br />

Kfir Rusin – Managing Director<br />

Email: krusin@apievebts.com<br />

<strong>The</strong> Koroga will run from 6.00pm onwards.<br />

Drinks will be served at a cash bar.<br />

TICKET CHARGES FOR THE KOROGA<br />

(AUTOMATIC ENTRY INTO THE RAFFLE COMPETITION)<br />

• Members Kshs.2,900 (incl. of VAT)<br />

• Non Members Kshs.4,640 (incl. of VAT)<br />

ENTER THE COOKING COMPETITION!<br />

• Companies wishing to register into the cooking competition<br />

are allowed to do so and participate in cooking vegetarian or<br />

non-vegetarian starter meals or main meals.<br />

KPDA<br />

PAYBILL<br />

NO 172569<br />

APRIL<br />

8th KPDA AGM and Koroga Event<br />

(4.00pm onwards)<br />

Date: Friday, 4th April 2020<br />

Venue: TBC<br />

Organizer: KPDA<br />

Tel: 0725 286 689/0737 530 290<br />

Sponsorship Opportunities Available!!<br />

AUGUST<br />

KPDA CEO Breakfast Forum<br />

(7.30am – 10.30am)<br />

<strong>The</strong>me: TBC<br />

MAY<br />

KPDA Half Day Workshop<br />

(8.00am – 1.00pm)<br />

<strong>The</strong>me: TBC<br />

Date: Tuesday, 12th May 2020<br />

Venue: Park Inn by Radisson, Nairobi<br />

Organizers:<br />

KPDA, Tel: 0725 286 689/0737 530 290<br />

Sponsorship Opportunities Available!!<br />

AUGUST<br />

KPDA Learning and Development Symposium<br />

(8.00am – 1.00pm)<br />

<strong>The</strong>me: TBC<br />

JUNE<br />

KPDA Half Day Workshop<br />

(8.00am – 1.00pm)<br />

<strong>The</strong>me: TBC<br />

Date: Tuesday, 23rd June 2020<br />

Venue: Park Inn by Radisson, Nairobi<br />

Organizer: KPDA<br />

Tel: 0725 286 689/0737 530 290<br />

Sponsorship Opportunities Available!!<br />

OCTOBER<br />

KPDA Annual Conference<br />

(8.30am – 4.30pm)<br />

<strong>The</strong>me: TBC<br />

Date: Tuesday, 4th August 2020<br />

Venue: Nairobi Serena Hotel<br />

Date: Thursday, 27th August 2020<br />

Venue: TBC<br />

Date: Tuesday, 27th October 2020<br />

Venue: Nairobi Serena Hotel, Nairobi<br />

Organizer: KPDA<br />

Tel: 0725 286 689/737 530 290<br />

Sponsorship Opportunities Available!!<br />

Organizer: KPDA<br />

Tel: 0725 286 689/737 530 290<br />

Sponsorship Opportunities Available!!<br />

Organizer: KPDA<br />

Tel: 0725 286 689/0737 530 290<br />

Sponsorship Opportunities Available!!<br />

NOVEMBER<br />

• Please note that registration fees once paid are<br />

non-refundable and cannot be transferred to cater<br />

for the cost of attending future events.<br />

• Participants who attend this event without an<br />

RSVP will be surcharged at the door.<br />

• Non Members will not be allowed to participate in<br />

this event without prior payment.<br />

• Cancellations are only refundable if the secretariat<br />

is notified on email by no later than Wednesday,<br />

13th November <strong>2019</strong>.<br />

End of Year KPDA Corporate Networking<br />

Koroga Event (6.30pm onwards)<br />

Date: Friday, 27th November 2020<br />

Venue: TBC<br />

Organizer: KPDA<br />

Tel: 0725 286 689/0737 530 290<br />

Sponsorship Opportunities Available!!<br />

Kenya Property Developers Association<br />

@KPDA_Ke


THE 2020 KPDA CONFERENCE - SPONSORSHIP<br />

CATEGORIES AND BENEFITS<br />

THE 2020 KPDA CONFERENCE - SPONSORSHIP<br />

CATEGORIES AND BENEFITS<br />

BENEFITS:<br />

Recognition as a KPDA Principle Sponsor during all<br />

KPDA events in 2020<br />

Event Program and Announcement: Your<br />

organization’s name will be listed in the event’s<br />

program, recognized as the Principal Sponsor and<br />

included in the event marketing materials.<br />

Complimentary Advertisements:<br />

• KPDA Website: Your organization’s name will be<br />

listed in the event banner published for the event<br />

and your company will receive complimentary<br />

advertising space on the KPDA website as a<br />

Principal Sponsor for the period of one (1) year<br />

• <strong>The</strong> Developer’s <strong>Digest</strong>: Complimentary two (2)<br />

paged advertisement (plus 1 page for an editorial)<br />

in two (2) future issues of <strong>The</strong> Developer’s <strong>Digest</strong><br />

PRINCIPAL: KSHS. 700, 000 (VAT EXCL.)<br />

(1 COMPANY)<br />

Opportunity to address the audience (20 minutes)<br />

Opportunity to be a part of one of the Panel Sessions<br />

Opportunity to lead one of the Break-out Sessions<br />

Strategic branding within and outside the room<br />

(specifics to be advised)<br />

Strategic exhibition table outside the room (specifics<br />

to be advised)<br />

Branding at the eating area<br />

Opportunity to distribute promotional items to<br />

delgates<br />

Complimentary attendance of seven (7) staff<br />

representatives (includes representative making the<br />

company’s presentation)<br />

Display of logo in the conference program<br />

Delegates listing<br />

COCKTAIL SPONSOR: KSHS. 300, 000<br />

(VAT EXCL.) (1 COMPANY)<br />

BENEFITS:<br />

Event Program and Announcement: Your<br />

organization’s name will be listed in the event’s<br />

program, recognized as a sponsor and included in<br />

the event marketing materials<br />

Branding outside the room (specifics to be advised)<br />

Exhibition table outside the room (specifics to be<br />

advised)<br />

Exclusive branding in the cocktail area (specifics to<br />

be advised)<br />

Complimentary attendance of three (3) staff<br />

representatives<br />

Opportunity to distribute promotional items to<br />

guests at the cocktail event<br />

Delegates listing<br />

AFFILIATE SPONSOR: KSHS. 100, 000<br />

(VAT EXCL.) (OPEN)<br />

BENEFITS:<br />

Event Program and Announcement: Your<br />

organization’s name will be listed in the event’s<br />

program, recognized as a sponsor and included in<br />

the event marketing materials<br />

Limited branding outside the room (specifics to be<br />

advised)<br />

Exhibition table outside the room<br />

Complimentary attendance of two (2) staff<br />

representatives<br />

Delegates listing<br />

MERCHANDISE SPONSOR : KSHS. 500, 000<br />

(VAT EXCL.) (1 COMPANY)<br />

Sponsor may either provide the merchandise cobranded<br />

or contribute the equivalent for production<br />

BENEFITS:<br />

Event Program and Announcement: Your<br />

organization’s name will be listed in the event’s<br />

program, recognized as a sponsor and included in<br />

the event marketing materials.<br />

Complimentary Advertisement:<br />

• KPDA Website: Your organization’s logo will be<br />

included in the event banner published in the<br />

KPDA website<br />

• <strong>The</strong> Developer’s <strong>Digest</strong>: Complimentary one<br />

(1) paged advertisement in one future issues of<br />

<strong>The</strong> Developer’s <strong>Digest</strong><br />

Complimentary attendance of 5 staff<br />

representatives<br />

Opportunity to address the audience (10 minutes)<br />

Strategic exhibition table outside the room<br />

(specifics to be advised)<br />

Branding at the eating area (specifics to be advised)<br />

Branding within and outside the room (specifics to<br />

be advised)<br />

Opportunity to distribute promotional items to<br />

guests<br />

Display of logo in the conference program<br />

Delegates listing<br />

DIAMOND SPONSOR: KSHS. 500, 000<br />

(VAT EXCL.) (1 COMPANY)<br />

BENEFITS:<br />

Event Program and Announcement: Your<br />

organization’s name will be listed in the event’s<br />

program, recognized as a sponsor and included in<br />

the event marketing materials.<br />

Complimentary Advertisements:<br />

• KPDA Website: Your organization’s logo will be<br />

included in the event banner published in the<br />

KPDA website<br />

• <strong>The</strong> Developer’s <strong>Digest</strong>: Complimentary one<br />

paged advertisement in one future issue of <strong>The</strong><br />

Developer’s <strong>Digest</strong><br />

Opportunity to be part of the panel<br />

Opportunity to be part of the break out session<br />

Branding within and outside the room (specifics to<br />

be advised)<br />

Strategic exhibition space outside the room<br />

(specifics to be advised)<br />

Branding at the eating area (specifics to be advised)<br />

Complimentary attendance of five (5) staff<br />

representatives<br />

Delegates listing<br />

BENEFITS:<br />

PANEL SPONSOR: KSHS. 50, 000<br />

(VAT EXCL.) (2 COMPANIES)<br />

Event Program and Announcement: Your<br />

organization’s name will be listed in the event’s<br />

program, recognized as a sponsor and included in<br />

the event marketing materials<br />

Opportunity to be part of the panel discussions<br />

(specifics to be advised)<br />

Limited branding inside the room (specifics to be<br />

advised)<br />

Complimentary attendance of one (1) staff<br />

representative<br />

Kenya Property Developers Association<br />

Fatima Flats, Suite 4 B, Marcus Garvey Road, Off Argwings Kodhek Road, Kilimani Area<br />

P. O. Box 76154 - 00508, Nairobi, Kenya<br />

Tel: +254 737 530 290/725 286 689<br />

www.kpda.or.ke<br />

Kenya Property Developers Association<br />

@KPDA_Ke

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!