Firm in deal to pay rent arrears, buy houses for clientsA new real estate firm is set to spur home ownership in Kenya following the introduction of a model that ropes in more low-income earners. According to Richland Properties, given that most new homes target the upper and middle class, there is now a better way to involve low-income earners in the race for home ownership that often excludes many ordinary Kenyans. SEE ALSO :Uganda deports MTN executives over national securityRichland Properties staff during the handover ceremony to mark the acquisition of Euromax Heights building, Nairobi. “This serves as a relief to the client who doesn’t have to pay the entire amount required to acquire the house all at once,” it adds. SEE ALSO :Revelations of a new universities funding regimeHeadquartered in Mombasa, Richland has branch offices in Mombasa, Nairobi, and Lamu.

Source: Standard Digital March 02, 2019 12:00 UTC