CORPORATE INTELLIGENCE AFRICA ISSUE 0024 | Page 14

REAL ESTATE

Mortgage firm registers profits in first half against tough market conditions
He said the recently inaugurated National Land Commission will help implement the land regulations leading to further growth. According to Mr Ireri, the recently gazetted regulations for the Real Estate Investment Trusts (REITs) will open up the sector to institutional investors. The net non-performing loan book increased to Ksh2.3 billion up from Ksh1.02 billion in 2012. The MD attributed th