Kenyans can invest in UK property from Sh3.2mn

Nairobi, Kenya, October 7 – Kenyan investors now have the opportunity to invest in a £8.55 million residential property located in Birmingham, United Kingdom, with an initial minimum investment of Sh3.2 million ($25,000). The investment, promoted by Dubai-based Tokinvest, is focused on Great Hampton Street Works, a historic property featuring 29 fully occupied apartments, which currently yield an estimated net rental income of about 4% annually.

Tokinvest predicts that residential property prices in Birmingham could appreciate by 4.5% annually between 2026 and 2030, offering Kenyan investors exposure to an overseas market while holding a UK-pound-linked asset. Changes in the exchange rate may impact the eventual returns when converted back to Kenyan shillings. Mark Pearson, Managing Director of Baron & Cabot, highlights that Kenyan investors are increasingly diversifying beyond their home markets, with the Capital Markets Authority recently approving participation in the Dangote Petroleum Refinery IPO through a Global Depository Receipt structure.

API Global's CEO, Michael Leighton, notes that the new investment structure lowers barriers for access to established property markets, citing Birmingham's strong underlying fundamentals. The investment is open to professional and high-net-worth investors, requiring eligibility, regulatory, and compliance requirements. An investor briefing in Nairobi on October 13 will provide further details on the property, expected returns, risks, and participation requirements.

The offering coincides with Kenya's 2027 General Election, when some investors may seek increased diversification outside the country.