DON’T MISS OUT ON THE REAL ESTATE EVENT OF THE YEAR.

The first-ever Kenyan Property Exhibition in London is finally here. This will be a great opportunity for Kenya’s real estate sector to showcase its wide variety of investment opportunities to the Kenyan Diaspora. It will also provide investors in the UK with a one-stop shop for all their Kenyan property investment needs.

OVERVIEW OF KENYA’S REAL ESTATE

The Kenyan real estate market is at the pinnacle of its boom. In 2006, it contributed Ksh 50 billion (UKpds 357m) to the economy. Developments in all sectors are springing up all over Kenya. The main investment areas are Nairobi, Mombasa, Kisumu, Eldoret, Thika, Athi River and Machakos.

The main property investment sectors include:

• Residential property for all levels of income is currently being developed. Up market housing can be found in areas like Kilimani, Lavington and Runda. Apartments, town-houses as well as detached units are being developed for both leasing and sale. Middle-level housing is to be found in the outskirts of the cities and towns like Langata, Thika Road and Embakasi. These developments are reasonably priced and of good quality. Of notable mention is a new estate comprising of an initial 500 units in Athi River. This development consists of 3-bedroom bungalows with their own fenced gardens.
• Tourism and hospitality has also experienced a boom with numerous new developments. These include the 5-star Panari Hotel on Mombasa Road, the 4-star Jamiat Hotel in the Nairobi Central Business District as well as other developments along the coastal strip and smaller Kenyan towns. A lot of international conferencing is being channelled to Kenya including the January 2007 World Social Forum; the March 2007 IAAF athletics and the 15th Commonwealth Law Conference to be held in Mombasa in September 2007.
• The Government of Kenya has been instrumental in making housing affordable to most Kenyans by providing legislation and fiscal reforms that enable home ownership. In addition the government has provided tax incentives to developers to continue building housing units for purchase. For instance, capital gains tax has been suspended.

COME READY TO DO BUSINESS

The Kenya Property Exhibition, the first of its kind, will provide you with a one-stop-shop (start to finish process) on how to invest in the Kenya real estate market. Exhibitors will be present to explain the process of purchasing, developing and managing your property in Kenya. In addition there will be consultations on how best to perform these processes away from home. There will be experts and professionals to offer advice on Legal issues, Property Management, Maintenance costs, Sale process, Transaction periods etc

On Saturday, 21st July 2007, London will witness the first ever exhibition of real estate opportunities in Kenya. During the event, attendees will be able to speak directly to Kenyan developers, mortgage companies, government officials, estate agents, property surveyors, valuers, conveyancers and other real estate professionals.

There will also be seminars educating attendees about the process of buying land and property in Kenya; finding a good estate agent to manage your property; developing property; getting a mortgage and hot sectors to invest in. You will also learn of the various real estate investment options available in the Kenya market including:

• Buying off plan
• Buying ready built property
• Buying land
• Property development and joint ventures

Investors will be able to have 1-to-1 discussions with mortgage providers; developers and property professionals. So come ready to do business!

The Exhibition is FREE to attend, however, if you wish to attend the seminars, they will cost £10 each. To register for this event click here
We look forward to welcoming you to the first-ever Kenyan Property Exhibition in London.

Only exhibitors who have paid for the event will be allowed to distribute any literature at the event. No soliciting or handing out of flyers, brochures or any form of literature will be allowed at or near the exhibition centre.

KENYA CLUB:
29 Harley Street, London, W1G 9QR, UK
events@networking4professionals.com
LONDON: + 44 (0) 845-056 9054
NAIROBI: + 254 (0) 20-343663, 219414 or 0721 648494)