Nairobi's most expensive land parcels

WHAT has triggered the land rush and epidemic of land grabs around Nairobi?

The simple answer: money, and lots of it.

A new property survey released yesterday in Nairobi gives prices per acre of key areas. It makes it clear why demand for prime land by private developers, institutional investors and others less savoury has pushed prices to astronomical levels, far beyond the reach of individual buyers.

The first Hass Nairobi Land Price Index shows the city's prime spots have appreciated by 537 per cent over seven years.

HassConsult Real Estate is a city real estate sales and analysis firm.

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