Published on PropertyKenya: 16th May 2005
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Thanx to: CitiVillas Valuers Limited
IntroductionThis Survey was conducted to establish whether there is a shared need for a Property Index and that its development will not only be well received by the players in the real estate realm but these players will also be willing to participate in its development and sustenance. This report covers the objectives of the survey, methodology adopted, data analysis, presentation and interpretation, the conclusions drawn there from and finally the necessary recommendations.
Objectives of the StudyThe general objective was to determine whether there is need for Property Index in Kenya.
The specific objectives were:
- To provide baseline information on the need for a property index.
- To establish which tools investors and real estate professional advisors (Valuers and Estate Managers) use to measure performance and carry out real estate investment analysis.
- To establish the sources of information used in performance measurement and analysis and the adequacy of that information.
- To establish the ways in which investors and real estate professional advisors will be willing to participate in the development of the index.
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