Luxury Rental Market Chills Drastically in Second Quarter


[The Star]Rents in Nairobi's affluent estates, patronised by high income individuals and expatriates, remained unchanged between April and June, a slowdown for the previously red-hot market.Knight Frank's Prime Global Rental Index for the second quarter, which tracks only 17 top cities worldwide, shows no change in Nairobi high-end rents from the previous quarter.