'Nairobi will attract foreign real estate investors'- property consultancy predicts

According to the bulletin, Nairobi's growing population will drive investments to shopping malls, more.

"The most visible demonstration of this is the rise of the modern shopping centre concept in cities such as Nairobi, Lagos and Accra, but there are development opportunities in all property sectors.”

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United Nations has projected that Nairobi’s population will grow from 3.5 million in 2010 to about 6.1 million by 2025, this spells more investors to the country.

However, the head of Africa, Peter Welborn, has noted that this foreign investment is not limited to only Nairobi, adding that all of the continent is growing, which means more business for everyone.

“We have seen rising interest in Africa from an increasingly diverse range of international investors, developers and occupiers in recent years. Meanwhile, an increasingly significant flow of capital has emerged from South Africa into other African markets."

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"The growth of Africa’s cities and economies will do much to define the global social-economic landscape over the coming decades. These major long-term trends are driving the construction of high quality real estate across the continent."