According to the report by Cytonn Real Estate, the residential sector in Nairobi recorded an improvement in performance with average total returns to investors coming in at 5.1 percent Y/Y, up from 4.7 percent Y/Y recorded in FY’2020. The retail and commercial office sectors recorded declines in rental yields to 7.4 and 6.8 percent in Q1’2021, from 7.5 and 7.0 percent, respectively in FY’2020. The land sector recorded an overall annualized capital appreciation of […]
