Barry Silah @obel_barry
Nanyuki town, which has become a prime real estate destination and has emerged as a major attraction for property investors and buyers, will host a property show next month.
Nanyuki is the central point for the Mt Kenya region and is currently offering gated residential estates, holiday homes, adventure parks and prime golf courses all complete or in various stages of development.
This year sees the return of the Realtors Expo to be held at Nanyuki’s Cedar Mall courtesy of Dsquare Ventures between June 1 and 3. Dsquare Ventures has identified a niche in the region and are the sole organisers.
Nanyuki is fast gaining popularity with investors due to high population growth, British Army activities and tourism attractions. The town is a central business and leisure hub for the Mt Kenya region and has emerged as an ideal investment destination for people looking to invest in, develop or buy residential estates, holiday homes, hotels and adventure parks.
According to the Managing Director of the Realtors Expo, David Mwenda Gitari, there exists a gap in the real estate market; people are not aware about the investment opportunities outside the main urban centres. “There is immense opportunity for real estate investments in Laikipia county and this is why we identified this as a meeting point for investors. With devolution, it is about time Kenyans started growing county economies,” he said.
The initial event last year attracted 54 exhibitors. This year, the expo has already secured 70 exhibitors drawn from real estate, finance, interior décor and design, building and construction industries. It is expected to attract over 10,000 visitors. “The inspiration behind the forthcoming project is to encourage Kenyans locally and in the diaspora to invest and actualise their dreams of home ownership,” Gitari said.
There is a great and rising need for housing that meets the needs of the ever-rising middle class and with the government’s initiative to provide affordable housing, the Realtors Expo comes at an opportune time to encourage investment in the counties.