Kenya Insight 2018

Kenya Insight 2018

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Summary

Prime residential rents in Nairobi declined during the first half of 2017 albeit at a slower rate of -2.8% compared to -3.2% during the first half of 2016.Prime residential sales prices increased by 0.9% over the first nine months of 2017 compared to a decrease of 1.0% over the same period in 2016.The Kenyan Shilling remained largely stable in the year, but had depreciated against the major currencies such as US Dollar, UAE Dirham, Indian Rupee,Chinese Yuan and Euro by 1.8%, 1.8%, 4.3%, 4.2% and 6.7% respectively as of mid-November 2017.

Source: Knight Frank

Published: 2018

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