Nairobi Luxury Home Prices Slow Down


[The Star]A bullish growth in luxury property prices in Nairobi is coming to a halt, with the world's high net worth individuals looking elsewhere as the global economy recovers. Latest data from global property consultancy Knight Frank shows prices for luxury homes in the city increased by 5.9 per cent in the year to end of September, ranking Nairobi 14th out of 27 cities surveyed.