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Property Developers lobby annual conference pushes for reset in Kenya’s real estate sector

Kenya’s real estate industry contributes nearly 10 percent of GDP

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by FELIX ASOHA

News25 September 2025 - 20:15
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In Summary


  • Kenya’s real estate industry contributes nearly 10 percent of GDP and supports millions of jobs.
  • However, it continues to grapple with an annual housing deficit of over 250,000 units, soaring input costs, doubled financing rates, and prolonged approval processes that stall investment.
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The Kenya Property Developers Association (KPDA) has opened its 2025 Annual Conference in Nairobi, bringing together over 300 players in real estate, finance, and urban development to chart a new path for the sector.

Themed “Reset, Reform, Rise: Creating the Real Estate Sector we Want,” the two-day forum has attracted government leaders, developers, regulators, financiers, and international partners to address persistent challenges in housing and urban growth.

Kenya’s real estate industry contributes nearly 10 percent of GDP and supports millions of jobs. 

However, it continues to grapple with an annual housing deficit of over 250,000 units, soaring input costs, doubled financing rates, and prolonged approval processes that stall investment.

KPDA Chairman Ken Luusa said the time had come for the sector to adopt new approaches.

"Reset means acknowledging that the old ways of doing things cannot take us forward. Reform means instituting systemic change. Rise means building a sector that is not only profitable but also inclusive, green, and globally competitive,” he said.

Over the past year, KPDA has intensified policy engagement on land use planning, housing finance, and tax reforms, while partnering with industry bodies such as the Architectural Association of Kenya (AAK) and KEPSA to push for predictable regulations and lower credit costs.

This year’s conference features an Investor Deal Room, where developers will pitch projects directly to more than 20 banks, fund managers, and institutional investors. 

Other sessions will spotlight technology and artificial intelligence in real estate, capital markets, and sustainability in housing and urban development.

By securing CPD accreditation for the event, KPDA says it is not only advancing industry knowledge but also supporting professional growth.

The Association, established in 2006, positions itself as the leading voice of Kenya’s real estate sector and reaffirmed its commitment to building a sustainable, inclusive, and globally competitive industry.