Category Archives: Featured

Kenya’s Jenga Web emerges top marketing agency in Africa

Kenya’s Jenga Web Limited emerged the top marketing agency in Africa, winning in six categories during the 2015 African Property Awards held Thursday night in Dubai, UAE.

The agency won the Best Golf Development in Africa for the Aberdare Hills Golf Resort. The resort also bagged the 5 star award for best golf development in Kenya
The agency was announced as a winner in multiple categories at a gala event that brought together a host of Africa’s finest developers, architects, interior designers and real estate agents to showcase the most luxurious, ambitious, and awe-inspiring projects of the year.

Jenga Web won two other 5 star awards for the Tilisi Development for best mixed use in Kenya and for best development marketing in Kenya. It also scooped two Highly Commended awards for Sultan Palace Beach Retreat; highly recommended as a  leisure development in Kenya and highly recommend for its development marketing in Kenya.
The firm will now proceed to the international final to be held next month in London where it will be competing with the world’s best property professionals for the highest accolade awarded in the industry, of best in the world.
Jenga Web is a multi international award winning marketing solutions provider focused on the Kenyan real estate market. Its mission is to deliver marketing that reflects the uniqueness and true quality of real estate products.

Chinese property developer pressing on with an upmarket holiday resort project in Kenya

Sultan palace Development Limited, a Jiangxi Xinyu Real Estate Development hopes for beach retreat. The property developer is working on a holiday resort project in Kenya’s coastal town of Kikambala which is about thirty minutes drive from Mombasa, one of Kenya’s biggest tourist resorts. Despite the travel advisory imposed on some areas in the Country by some other Countries, the project is still taking shape fast.

Although the tourists frequenting Kenya’s coast number has declined recently due to security concerns, the company says there is no reason as to why the country can loose on projects like these affecting the market, especially with the standard gauge railway set to be completed in 2017. The line once complete will shorten the journey times between Nairobi and Mombasa as the country’s middle class continues to grow. The line is as well expected to fuel a boom in domestic tourism.

Currently it takes at least 19 hours to travel between the two cities, however, this will be reduced to about four and a half hours to cover the 500 kilometers.

TWO RIVERS DEVELOPMENT ATTRACTS USD 155 MILLION (OVER KES 14 BILLION) IN INVESTMENT

Two rivers development, which is a project of the Centum Company, has attracted USD 155 Million funding or over Kes.14 billion in debt and equity from The Co-operative Bank of Kenya Limited and AVIC International, Industrial & Commercial Development Corporation (“ICDC”).

A sum of USD 70 Million (over Kes. 6.3 Billion) in equity has been invested in the project by the AVIC international  Company. This is in addition to the USD 5 Million (over Kes. 450 Million) in equity invested by the Industrial and Commercial Development Corporation of Kenya. Also, the Co-operative Bank of Kenya has secured a local debt funding of USD 80 Million (over Kes. 7.2 Billion).

Firm unveils Sh22 billion real estate project in Kajiado

Cretum Properties on Tuesday launched a Sh22.7 billion real estate known as Green Isinya City. The office blocks, maisonettes, schools, high end eateries and police stations will sit on 1,000 acres in Kajiado County. The infrastructure begins in the next two weeks followed by ground-breaking in February next year.

All invited for the Kenya Homes Expo October 2014

The Kenya homes expo is set to be big this time round celebrating a decade since its inception. the 20th Kenya Homes expo is set to open at the Kenyatta International Conference Centre on the October 30th to November the 2nd 2014. The Kenya homes expo  is the biggest homes show in Eastern and Central Africa; an estimated 40,000 visitors attend the three day event annually.  More than 140 firms participated in the event last year and the same number if not more are expected for this year.  The expo draws local and international exhibitors drawn from various sectors of the real estate industry.

Nairobi’s priciest home up for sale at Sh565 million

Set on a ten-acre estate, the Hogmead residence is now one of the priciest commodities in Kenya’s residential property market, confirming the growing status of Kenya as a prime real estate location in eastern Africa.

Its owners — Fuzz and Bimbi Dyer, and Andy and Caragh Roberts — had turned Hogmead into a 12-room boutique hotel whose main room cost Sh42,000 a night. The hotel, run by The Safari Company, was indefinitely closed in October 2013 and listed with Knight Frank around the same time. The Dyers and Roberts also own and run the luxury Manda Bay resort hit by cancellations after the kidnapping of an elderly French woman in 2011.

Kenya ranked as the most improved real estate market globally

The Global Real Estate Transparency Index ranked Kenya top among 14 most improved countries in real estate transparency globally. The Index by consultancy firm Jones Lang LaSalle Index uses a combination of quantitative market data and information collected through surveys of its global business network.

Finding a home in Kenya just got easier.

Property Leo recently launched a new website. The highly responsive, retina ready and dynamic website was done by the Jengaweb Team. The website which took quite a number of man and ‘woman’ hours to achieve, the new layout on display is live at www.propertyleo.com.  The Propertyleo website was established in 2008 to provide an authentic Kenyan property website delivering quality, up-to- date and reliable information to the market. Property Leo also launched a newspaper in early 2013 which is a print out of the website. The paper is distributed in major shopping malls across the Nairobi, Kisumu and Mombasa, and will expand soon to cover the whole country.

Interior Decor Devolves To The Counties

The paints industry has become very competitive in the last few years especially from the price perspective. Players in the Industry are now focusing on introducing quite competitive prices in the market. Leading paints manufacturer Crown paints while continuing to introduce new and innovative products is keen on regional expansion. Crown Paints Chief Executive Officer Rakesh Rao said his company was firmly on track to entrench its presence in the region using a unique model of setting up mini-plants that feed demand for specific regions.

Digitally paint your living space with your favourite colours

Crown Paints has unveiled its third ultra-modern showroom in Mombasa. The new crown show room features the latest innovations in paints and interior finishes. It also offers consumers tips on how to enhance building aesthetics using quality products. It is designed as a one stop colour expression Centre, complete with colour visualizer to simulate room sets.

The color visualizer, a first in the Kenyan market, features a large touch screen that enables customers to explore different colour schemes in varying room settings. Customers can experience a virtual tour of the room while ‘splashing’ different paints on ‘furniture’, ‘floors’ and ‘walls’ to make an informed choice.