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Nairobi Loses Top Spot in Global Hot Property Rankings

Nairobi dropped 10 places in a ranking of the world’s hottest high-end property markets as the high cost of loans and political uncertainty slowed appreciation of house prices. The Wealth Report 2013 by global property consultancy Knight Frank shows average property prices in Nairobi’s high-end estates rose by 10 per cent in 2012, placing Kenya’s […]