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Property developers ride on holiday homes wave


THE STANDARD
By
Peter Theuri |
April 8th 2021 at 00:00:00 GMT +0300
A high-end three-bedroom apartment in Nyali. [Courtesy.]
When the time comes and you need to take a break from the hustle and bustle of the city, will you seek refuge in that holiday home in the countryside or a high-end hotel outside town?
Developers’ recent appetite for holiday homes may just be the clearest indicator of where people’s preferences lie.
Perhaps because of the Covid-19 disease, which has dealt a devastating blow to the tourism industry, stories about the rising popularity of holiday homes have been fewer than they should. ....

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This man Dande: Rebel on a mission or misunderstood?


THE STANDARD
By
Wainaina Wambu |
April 6th 2021 at 00:00:00 GMT +0300
Edwin Dande, Cytonn Investments Chief Executive
After brief pleasantries, Edwin Dande pulls out his phone and starts recording our conversation.
The Cytonn Investments Chief Executive leaves nothing to chance.
“I just want to make sure that the interview is captured,” he said, mistrust hanging in the air as both journalist and subject record each other.
On this day, he is donning a black cap and matching polo shirt, allowing him to blend in with the clientele at the firm’s CySuites Apartment Hotels, a multi-million-shilling development in Nairobi’s affluent Westlands suburb.  ....

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To buy or build? Options for homeowners in a Covid-hit world


“That is why you see some of those residential areas around the city now deserted as people look for cheaper options. A lot of people are looking for options, and housing is now an issue most discussed.”
She says as the markets are in stress, people who can afford to buy some of the properties on offer should go for them. 
“Of course in the end building will be the cheaper option, but at a time like now even ready-made property is tending towards affordability,” says Wacuka.
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