Kenya gets its first multi billion dollar real estate development as property prices soar.

Russian developer has launched a multi billion dollar property development on the northern outskirts of Kenya’s capital Nairobi to cash in on a booming real estate market in east Africa’s biggest economy.

The Renaissance Group is targeting local and foreign investors as interest in Kenya’s real estate market grows due to strong market growth where the property sector has outperformed stocks in the past 10 years. MORE