Why Nairobi’s Luxury Apartment Market Is Booming
Nairobi’s luxury real estate market has expanded due to a growing population, rapid urbanization (4.4% annually), and the city’s status as East Africa’s financial hub. High-net-worth individuals, whose numbers have increased by 93% between 2006 and 2016 and are projected to grow by 80% by 2026, are driving demand for upscale properties. Areas like Westlands,
