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Why Reits are not contributing enough to affordable housing
The fact that a REIT is a relatively new concept in Kenya could explain why many people have yet to embrace it as an investment vehicle. PHOTO | SHUTTERSTOCK
The daily rural-to-urban migration has led to the growth of informal settlements with little or no improvement in social amenities such as water, drainage and sewerage systems.
Since 2017, there have been efforts by Kenya to develop and promote the development of affordable housing projects countrywide.
