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Home: News Wire
(Left) Karim Jivraj, Real Estate Advisor for Landmark Properties, who was part of the team that flew out to Kenya to meet with potential investors
Landmark Properties welcomes Kenyan investors to Dubai
Author: Property World Middle East Sunday, June 05, 2005 at 08:15
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The UAE is a very tempting investment for those looking for an alternative to erratic stock markets and low return finance options.
Landmark Properties, a leader in real estate solutions, has announced that it has seen a fresh wave of investor interest in Dubai. Kenyans based in Mombassa and Nairobi, seemed especially interested during Landmark Properties’ tour of the country.

After seeing a new investor market open up in Kenya, Landmark Properties flew a team of real estate experts to the African country, in a bid to educate potential investors on the UAE’s market trends and developments. Seminars were conducted throughout the week in both Nairobi and Mombassa and focused on the peaks and pitfalls of the Middle East region’s property market, attracting 200 plus attendees.

Robert Lovett, Managing Partner of Landmark Properties and speaker at the seminars, said: “Kenya is a very exciting and beautiful country. It was a great experience meeting and talking to Kenyans who are looking at Dubai as a serious potential investment. Educating Kenyans on the local market and cutting through the clutter for them is one of the key parts to the services we offer our clients, irrespective of where in the world they might be based. It is paramount to Landmark Properties that our clients do not feel overwhelmed by the UAE, as the market is rich with developments and projects at the moment.”

With a population of 31million, Kenya is one of the larger potential investor markets for Dubai and the UAE. Only 3,669 kilometres from Kenya, Dubai offers investors the opportunity to place their money in a stable economy with a booming market. With the luxury lifestyle residents can have in Dubai, the UAE is a very tempting investment for those looking for an alternative to erratic stock markets and low return finance options.

“Not all projects are gaining value at the same rate as the market average, some properties have been outpacing the market and others have been underperforming. It is essential for overseas buyers to be aware of these trends. Finding the right property is top priority for buyers, but it is just as valuable for them to be aware of the region´s market forces that will influence their property’s long term value, for example the Dubai metro, new airports, world record breaking shopping centres and of course western standard schools and educational facilities.”

Landmark Properties is planning a return trip to Kenya next year and will continue to monitor the real estate market and overseas investors, assisting investors across the world that are looking to invest in Dubai and helping to bring them closer to the UAE market.







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There are currently 2142 articles, news, properties, country facts, events and book reviews availabe.
Last updated Thursday, July 17, 2008 at 02:26, Dubai (UAE).


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