Why Kenya's developers struggle to recoup capital

The slower the buyers come, the slower you get to recoup your capital and invest in the next new project...
✨ Key Highlights
Kenyan real estate developers face significant challenges in recouping their capital, as highlighted by Etta Madete, Director of Zima Homes, who notes that buyers come but "slowly." This slow return on investment indicates a tough market for those in the construction industry.
- Etta Madete, Director of Zima Homes, emphasizes the slow buyer acquisition as a major hurdle.
- The core issue is the struggle for developers to quickly recover their invested capital in real estate projects.
- The article suggests a need for patience in the real estate business due to the protracted sales cycle.
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Read the complete article from The Standard Business