Jubilee takes investment advisory services to Mt. Kenya region
NAIROBI, Kenya, Nov 4 – Jubilee Asset Management Limited has opened a financial advisory centre in Meru, expanding its services to the Mt. Kenya and Upper Eastern regions. The centre,…
Reportage Group, a UAE-based real estate developer, is eyeing further investment opportunities in Kenya as its Nairobi portfolio expands. During a recent visit to Kenya, Group Managing Director Andrea Nucera and senior leadership toured key developments, including DG JKIA, DG West, and Enzo Residence. Together, these three projects encompass 819 residential and hotel apartments, with a combined development value surpassing Sh6 billion.
DG West and DG JKIA are under construction, while Enzo Residence debuted in August 2026. Situated along Mombasa Road, DG JKIA boasts 273 hotel apartments close to Jomo Kenyatta International Airport and the Standard Gauge Railway corridor, with over 90% of units already sold and completion slated for June 2027. DG West features 200 hotel apartments on Sports Road in Westlands, while Enzo Residence offers 346 studio, one-bedroom, and two-bedroom apartments in Riverside.
Nucera expressed confidence in Kenya's long-term potential, emphasizing their commitment to delivering projects that meet market demands and incorporate sustainable building practices. The Kenya visit was part of a broader African tour encompassing South Africa, Nigeria, Ethiopia, Angola, and Rwanda. The tour aligned with the launch of Reportage Bay in Angola, advancing the Group's expansion into that market.
The Group's development strategies in Angola will involve two residential communities, projected to require an estimated US$500 million in total investment. Positive indicators in Kenya's residential and hospitality sectors support Reportage Group's outlook. According to Knight Frank's Kenya Market Update for H1 2026, international arrivals to Jomo Kenyatta International Airport and Moi International Airport rose by 13.1% to 506,622 in the first quarter of 2026 compared to the same period in 2025.
Additionally, prime residential sale prices increased by 6.2% during the first half of 2026 relative to December 2025, indicating enduring demand despite a scarcity of prime housing.
Written by urgent.news from KahawaTungu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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