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The affordable housing sector in Kenya is well set to provide attractive opportunities to investors.

This is according to Vivian Ombwayo, Director of Research and Valuation at Broll Kenya who said this will be driven by the government’s investment in the 2021-22 national budget into the sector, combined with attractive incentives for private developers.

Commenting on the same, Jess Cleland, COO Outside of SA, Valuations & Intel at Broll said the affordable housing sector in Kenya offers developers an opportunity to diversify their portfolios, especially those concentrating on the commercial-user space.

“It means they are able to diversify into the residential sector, thanks to attractive government incentives,” he added.

Vivian and Cleland spoke when they presented a research report on the sector at the eighth annual East Africa Property Investment (EAPI) Summit.

The experts added that the abundant housing opportunities in Kenya also allow complementary users to be included in …