Battle: Dar es Salaam vs Nairobi

[Emc2]

Ethiopia will use the lamu port my friend..dar is way far from Ethiopia and it will be very costly to use darslum port..just google lapset to understand what am saying

Sikiliza hii video ndugu acha kulia lia. Hahaha!!

 

[COLLOH-MZII]

Sikiliza hii video ndugu acha kulia lia. Hahaha!!

The same was done years ago in launching lamu port south sudan Ethiopia transport (lapset) which is almost in completion before muanze yenu.
At a ukitumia logics dar is too far from Ethiopia na ni lazima wapitie Kenya kwanza

 

[kadoda11]

Ethiopia will use the lamu port my friend..dar is way far from Ethiopia and it will be very costly to use darslum port..just google lapset to understand what am saying

unaruhusiwa kundelea kujifariji.
kwa sasa tusubiri habari kutoka vyanzo rasmi ianze ku-circulate kwenye social networks ndio utajua nini tunamainisha.

kudos to the strategic team that's guiding magufuri when meeting with international figures.
hapa kazi tu.

 

[Emc2]

The same was done years ago in launching lamu port south sudan Ethiopia transport (lapset) which is almost in completion before muanze yenu.
At a ukitumia logics dar is too far from Ethiopia na ni lazima wapitie Kenya kwanza

Ndiyo utaelewa sasa majirani wote hawataki kufanya kazi na nyie. Kwa sababu ya wizi wizi wenu. Kwikwikwikwikwi

 

[syndicate]

Which one is classy ?


DAR

Bugatti in Dar mo'fo ya'all nairobians..! Get off ya smacked asses! Komeni msipambanishe dar na ujinga, nah dweet again faggotti..!!

 

[MOTOCHINI]

Naomba iletwe Thread sasa ya
Dar vs Nairobi
kwenye
Hotel,Lodge,residency,Apartment
Yaani mambo ya matanuzi kupunga upepo

Thubutu hawana uwezo huo

 

[COLLOH-MZII]

unaruhusiwa kundelea kujifariji.
kwa sasa tusubiri habari kutoka vyanzo rasmi ianze ku-circulate kwenye social networks ndio utajua nini tunamainisha.

kudos to the strategic team that's guiding magufuri when meeting with international figures.

Kenya has had more than 20 Presidential visits in the past year and u guys get one and u go mad..style up guys u so back-dated

 

[ichoboy01]

Kwanini wasitamani 😀😀😀😀😀😀😀😀😀😀

 

[Iconoclastes]

Ndio hio inayojenga nchi kila kukicha hahahhahahhaha

World Bank ranks Dar real estate ahead of Nairobi’s
Dar es Salaam’s real estate has been ranked ahead of Nairobi and Addis Ababa in the World Bank’s latest cities report.

Tanzanian capital Dar es Salaam. PHOTO | FILE

By DN2 CORRESPONDENT

More by this Author



IN SUMMARY

• 
  
  
  • The report estimates the economic value of Dar’s real estate at Sh1.2 trillion ($12 billion) ahead of Nairobi’s Sh927 billion ($9 billion), a Sh273 billion difference.

Tanzanian capital Dar es Salaam’s real estate has been ranked ahead of Nairobi and Addis Ababa in the World Bank’s latest cities report, which cites land fragmentation and weak property rights as the sector’s biggest impediments in Africa.

The report estimates the economic value of Dar’s real estate at Sh1.2 trillion ($12 billion) ahead of Nairobi’s Sh927 billion ($9 billion), a Sh273 billion difference.

The World Bank report, however, describes Dar, Addis and Nairobi as having low economic/replacement values compared to cities with similar income levels.

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Economist Mr Somik Lall of the World Bank said the low economic value comes from the way land is organised — in small fragments — reducing the scope to scale up investment in housing and commercial complexes.

Small scale urban development increases cost of construction and makes it costly to lay down supporting services and infrastructure.

N SUMMARY
Ethiopian capital Addis Ababa comes in third at $6 billion (Sh618 billion), while Kigali (Rwanda) is fourth at $2 billion.
Uganda and Burundi were not included in the study.
The World Bank report, however, describes Dar, Addis and Nairobi as having low economic/replacement values compared to cities with similar income levels.
Tanzanian capital Dar es Salaam’s real estate has been ranked ahead of Nairobi and Addis Ababa in the World Bank’s latest cities report, which cites land fragmentation and weak property rights as the sector’s biggest impediments in Africa.
The report, which was released yesterday, estimates the economic value of Dar’s real estate at Sh1.2 trillion ($12 billion) ahead of Nairobi’s Sh927 billion ($9 billion) – a Sh273 billion gap.
Ethiopian capital Addis Ababa comes in third at $6 billion (Sh618 billion), while Kigali (Rwanda) is fourth at $2 billion. Uganda and Burundi were not included in the study.
The World Bank report, however, describes Dar, Addis and Nairobi as having low economic/replacement values compared to cities with similar income levels.
“The low economic value comes from the way land is organised – in small fragments – reducing the scope to scale up investment in housing and commercial complexes. Small scale urban development increases cost of construction and makes it costly to lay down supporting services and infrastructure,” Somik Lall of the World Bank said, adding that there is need to clarify property rights – “because in many parts of Nairobi, land is not utilised to its full potential.”
The report also urges Nairobi and Dar to co-ordinate land and transport development in order to create value.
“As you will see in cities such as Nairobi, the share of land allocated for mobility – is limited. This further reduces the extent to which the city can support economically dense structures.”
In Nairobi, for instance, commercial and industrial structures account for 55 per cent of the total value of building stock — even though these structures occupy just four percent of the city’s area.”
“Residential development is urgently lacking,” it says, adding to a growing chorus on Kenya’s housing deficit of about 200,000 units annually.
Property development has more recently been seen as a safe investment bet in Kenya, making it a popular cash-generating option for investors.
This is evidenced by the numerous giant cranes on the city’s commercial districts such as Upper Hill and Westlands.
Property experts yesterday acknowledged that office space charges are higher in Dar at an average of $22 per square metre compared to Nairobi’s $12 – $14.

They, however, said that rents have been falling in Dar even as growth remains steady in Nairobi, making the Kenyan capital more lucrative in terms of return on investment.
“Honestly, we are struggling to sell space in Dar. So based on a long-term view, Nairobi’s capital value will be higher,” said Ben Woodhams, the managing director of Knight Frank – a property firm with a footprint in Kenya and Tanzania.
“At the end of the day, it doesn’t matter how much it costs to construct a building but how much returns it generates,” he added.
The World Bank report, however, says Nairobi has the highest replacement value for its built-up area and built-floor area ahead of Dar, Addis Ababa and Kigali, even as it lags the global standards.
“Our analysis of imagery from satellites and geographic information systems (GIS) confirms that in African cities, capital investment not only appears low near the urban core, but rapidly declines outside it.”
Mr Woodhams said property markets in Dar and Nairobi tell of different stories since the majority of new buildings in Tanzania are government-funded while Kenya’s is private sector-driven.
He said that the swanky public buildings in Dar are likely to generate near zero-returns in the near term since they are occupied by parastatals and government departments, meaning Dar is expected to record a drop in capital value should the lull in the private sector activity persist.
The shine on Kenya’s property market has in recent years pulled in multinationals in droves, especially Chinese firms that now dominate the construction sector.
Chinese investment firm Avic International is, for instance, constructing a Sh9.6 billion complex in Westlands, comprising a 35-floor five-star hotel, apartments and 43-floor office blocks.
Besides, Indian tycoon Mukesh Ambani has a big presence in Kenya through his local company Delta Corporation East Africa.
The firm has recently developed the Iconic Delta Corner twin towers in Westlands and another tower in Upper Hill that it sold to the World Bank.
“The urbanisation of people has not been accompanied by the urbanisation of capital. This manifests itself into cities not being able to fully tap into their economic potential. We use various metrics to make this point, including some new analysis based on calculating the replacement value of building stock in the city,” the study says.
The World Bank purchased Delta Centre from Mr Ambani to host its Kenyan offices at a cost of $22.8 million (Sh2.3 billion) while consultancy firm PwC bought one part of the Westlands towers.
Multi-billion shilling Garden City Mall, which opened its doors in 2015 on Nairobi’s Thika Road, is owned by British investment firm Actis.
Investment firm Centum will open Two Rivers Development on February 14, a multi-billion shilling real estate project in Kiambu that is designed to host the largest shopping mall in the region.

Two Rivers, which comprises a shopping mall, hotel, office blocks and apartments, sits on a 102-acre piece of land on Limuru Road in Kenya’s capital city.
Also in the top end of commercial real estate market is Dubai-based real estate company Abcon International LLC, which plans to build a Sh5.52 billion towering complex in Nairobi comprising a shopping mall, office block and a hotel modelled on Singapore’s Iconic Marina Bay Sands Hotel.
The 35-storey skyscraper will be located in Nairobi’s commercial district of Upper Hill. The mixed-use development will also feature luxury apartments and an amphitheatre.
Kenya’s property market has boomed in recent years, catching the eye of deep-pocketed foreign developers from China, India, Britain and United Arab Emirates.

World Bank values Dar’s real estate Sh273bn more than Nairobi

CC: KweliKwanza, Annael, kadoda11

Huwa mkisoma taarifa kwa kina.......someni hio highlights zoote, ndio muelewe.

Nearly two third of that article is concentrating on Nairobi.......hahahaha!

 

[COLLOH-MZII]

Ndiyo utaelewa sasa majirani wote hawataki kufanya kazi na nyie. Kwa sababu ya wizi wizi wenu. Kwikwikwikwikwi

The port of Mombasa exceeds the port of dar in capacity(2nd in Africa) infact north tz and as far as congo uses Mombasa and u have the guts to openly say majirani walitutoka.

 

[Iconoclastes]

The port of Mombasa exceeds the port of dar in capacity(2nd in Africa) infact north tz and as far as congo uses Mombasa and u have the guts to openly say majirani walitutoka.

We are being delusional here brother. We are so obsessed with catching up with Kenya.

 

[kadoda11]

Kenya has had more than 20 Presidential visits in the past year and u guys get one and u go mad..style up guys u so back-dated

you did get my point.
the issue here is not a large number of presidents you have hosted but the benefit you country achieved from them.

 

[COLLOH-MZII]

We are being delusional here brother. We are so obsessed with catching up with Kenya.

Nairobi's GDP alone=90% Tanzania's GDP intact Nairobi and Mombasa GDP is higher than the whole of tz...the both countries grow at 7% annually how would u catch up

 

[ichoboy01]

The same was done years ago in launching lamu port south sudan Ethiopia transport (lapset) which is almost in completion before muanze yenu.
At a ukitumia logics dar is too far from Ethiopia na ni lazima wapitie Kenya kwanza

Kwan lamu mushamaliza hahahhaa wakat ujenzi umesmama au nikupe habari hapa😀😀

 

[Emc2]

The port of Mombasa exceeds the port of dar in capacity(2nd in Africa) infact north tz and as far as congo uses Mombasa and u have the guts to openly say majirani walitutoka.

. Yaani unanichekesha sana ndugu yangu. Wewe endelea tu na misifa ya kijinga sisi tunapiga kazi.

 

[COLLOH-MZII]

Kwan lamu mushamaliza hahahhaa wakat ujenzi umesmama au nikupe habari hapa😀😀

Inaendelea na yenu hamjaanza.shut up dude

 

[Emc2]

Nairobi's GDP alone=90% Tanzania's GDP intact Nairobi and Mombasa GDP is higher than the whole of tz...the both countries grow at 7% annually how would u catch up

Kwikwikwikwi by which references? Au unajifariji tu. Kwa GDP sasa hivi tupo shingoni mwenu kama tai. Najua unaisikia tu TZ. You know nothing bout Tanzania

 

[ichoboy01]

N SUMMARY
Ethiopian capital Addis Ababa comes in third at $6 billion (Sh618 billion), while Kigali (Rwanda) is fourth at $2 billion.
Uganda and Burundi were not included in the study.
The World Bank report, however, describes Dar, Addis and Nairobi as having low economic/replacement values compared to cities with similar income levels.
Tanzanian capital Dar es Salaam’s real estate has been ranked ahead of Nairobi and Addis Ababa in the World Bank’s latest cities report, which cites land fragmentation and weak property rights as the sector’s biggest impediments in Africa.
The report, which was released yesterday, estimates the economic value of Dar’s real estate at Sh1.2 trillion ($12 billion) ahead of Nairobi’s Sh927 billion ($9 billion) – a Sh273 billion gap.
Ethiopian capital Addis Ababa comes in third at $6 billion (Sh618 billion), while Kigali (Rwanda) is fourth at $2 billion. Uganda and Burundi were not included in the study.
The World Bank report, however, describes Dar, Addis and Nairobi as having low economic/replacement values compared to cities with similar income levels.
“The low economic value comes from the way land is organised – in small fragments – reducing the scope to scale up investment in housing and commercial complexes. Small scale urban development increases cost of construction and makes it costly to lay down supporting services and infrastructure,” Somik Lall of the World Bank said, adding that there is need to clarify property rights – “because in many parts of Nairobi, land is not utilised to its full potential.”
The report also urges Nairobi and Dar to co-ordinate land and transport development in order to create value.
“As you will see in cities such as Nairobi, the share of land allocated for mobility – is limited. This further reduces the extent to which the city can support economically dense structures.”
In Nairobi, for instance, commercial and industrial structures account for 55 per cent of the total value of building stock — even though these structures occupy just four percent of the city’s area.”
“Residential development is urgently lacking,” it says, adding to a growing chorus on Kenya’s housing deficit of about 200,000 units annually.
Property development has more recently been seen as a safe investment bet in Kenya, making it a popular cash-generating option for investors.
This is evidenced by the numerous giant cranes on the city’s commercial districts such as Upper Hill and Westlands.
Property experts yesterday acknowledged that office space charges are higher in Dar at an average of $22 per square metre compared to Nairobi’s $12 – $14.

They, however, said that rents have been falling in Dar even as growth remains steady in Nairobi, making the Kenyan capital more lucrative in terms of return on investment.
“Honestly, we are struggling to sell space in Dar. So based on a long-term view, Nairobi’s capital value will be higher,” said Ben Woodhams, the managing director of Knight Frank – a property firm with a footprint in Kenya and Tanzania.
“At the end of the day, it doesn’t matter how much it costs to construct a building but how much returns it generates,” he added.
The World Bank report, however, says Nairobi has the highest replacement value for its built-up area and built-floor area ahead of Dar, Addis Ababa and Kigali, even as it lags the global standards.
“Our analysis of imagery from satellites and geographic information systems (GIS) confirms that in African cities, capital investment not only appears low near the urban core, but rapidly declines outside it.”
Mr Woodhams said property markets in Dar and Nairobi tell of different stories since the majority of new buildings in Tanzania are government-funded while Kenya’s is private sector-driven.
He said that the swanky public buildings in Dar are likely to generate near zero-returns in the near term since they are occupied by parastatals and government departments, meaning Dar is expected to record a drop in capital value should the lull in the private sector activity persist.
The shine on Kenya’s property market has in recent years pulled in multinationals in droves, especially Chinese firms that now dominate the construction sector.
Chinese investment firm Avic International is, for instance, constructing a Sh9.6 billion complex in Westlands, comprising a 35-floor five-star hotel, apartments and 43-floor office blocks.
Besides, Indian tycoon Mukesh Ambani has a big presence in Kenya through his local company Delta Corporation East Africa.
The firm has recently developed the Iconic Delta Corner twin towers in Westlands and another tower in Upper Hill that it sold to the World Bank.
“The urbanisation of people has not been accompanied by the urbanisation of capital. This manifests itself into cities not being able to fully tap into their economic potential. We use various metrics to make this point, including some new analysis based on calculating the replacement value of building stock in the city,” the study says.
The World Bank purchased Delta Centre from Mr Ambani to host its Kenyan offices at a cost of $22.8 million (Sh2.3 billion) while consultancy firm PwC bought one part of the Westlands towers.
Multi-billion shilling Garden City Mall, which opened its doors in 2015 on Nairobi’s Thika Road, is owned by British investment firm Actis.
Investment firm Centum will open Two Rivers Development on February 14, a multi-billion shilling real estate project in Kiambu that is designed to host the largest shopping mall in the region.

Two Rivers, which comprises a shopping mall, hotel, office blocks and apartments, sits on a 102-acre piece of land on Limuru Road in Kenya’s capital city.
Also in the top end of commercial real estate market is Dubai-based real estate company Abcon International LLC, which plans to build a Sh5.52 billion towering complex in Nairobi comprising a shopping mall, office block and a hotel modelled on Singapore’s Iconic Marina Bay Sands Hotel.
The 35-storey skyscraper will be located in Nairobi’s commercial district of Upper Hill. The mixed-use development will also feature luxury apartments and an amphitheatre.
Kenya’s property market has boomed in recent years, catching the eye of deep-pocketed foreign developers from China, India, Britain and United Arab Emirates.

World Bank values Dar’s real estate Sh273bn more than Nairobi

CC: KweliKwanza, Annael, kadoda11

Huwa mkisoma taarifa kwa kina.......someni hio highlights zoote, ndio muelewe.

Nearly two third of that article is concentrating on Nairobi.......hahahaha!

😀😀😀😀 bao kajipiga mwenyewe hahahahhahaha

 

[kadoda11]

N SUMMARY
Ethiopian capital Addis Ababa comes in third at $6 billion (Sh618 billion), while Kigali (Rwanda) is fourth at $2 billion.
Uganda and Burundi were not included in the study.
The World Bank report, however, describes Dar, Addis and Nairobi as having low economic/replacement values compared to cities with similar income levels.
Tanzanian capital Dar es Salaam’s real estate has been ranked ahead of Nairobi and Addis Ababa in the World Bank’s latest cities report, which cites land fragmentation and weak property rights as the sector’s biggest impediments in Africa.
The report, which was released yesterday, estimates the economic value of Dar’s real estate at Sh1.2 trillion ($12 billion) ahead of Nairobi’s Sh927 billion ($9 billion) – a Sh273 billion gap.
Ethiopian capital Addis Ababa comes in third at $6 billion (Sh618 billion), while Kigali (Rwanda) is fourth at $2 billion. Uganda and Burundi were not included in the study.
The World Bank report, however, describes Dar, Addis and Nairobi as having low economic/replacement values compared to cities with similar income levels.
“The low economic value comes from the way land is organised – in small fragments – reducing the scope to scale up investment in housing and commercial complexes. Small scale urban development increases cost of construction and makes it costly to lay down supporting services and infrastructure,” Somik Lall of the World Bank said, adding that there is need to clarify property rights – “because in many parts of Nairobi, land is not utilised to its full potential.”
The report also urges Nairobi and Dar to co-ordinate land and transport development in order to create value.
“As you will see in cities such as Nairobi, the share of land allocated for mobility – is limited. This further reduces the extent to which the city can support economically dense structures.”
In Nairobi, for instance, commercial and industrial structures account for 55 per cent of the total value of building stock — even though these structures occupy just four percent of the city’s area.”
“Residential development is urgently lacking,” it says, adding to a growing chorus on Kenya’s housing deficit of about 200,000 units annually.
Property development has more recently been seen as a safe investment bet in Kenya, making it a popular cash-generating option for investors.
This is evidenced by the numerous giant cranes on the city’s commercial districts such as Upper Hill and Westlands.
Property experts yesterday acknowledged that office space charges are higher in Dar at an average of $22 per square metre compared to Nairobi’s $12 – $14.

They, however, said that rents have been falling in Dar even as growth remains steady in Nairobi, making the Kenyan capital more lucrative in terms of return on investment.
“Honestly, we are struggling to sell space in Dar. So based on a long-term view, Nairobi’s capital value will be higher,” said Ben Woodhams, the managing director of Knight Frank – a property firm with a footprint in Kenya and Tanzania.
“At the end of the day, it doesn’t matter how much it costs to construct a building but how much returns it generates,” he added.
The World Bank report, however, says Nairobi has the highest replacement value for its built-up area and built-floor area ahead of Dar, Addis Ababa and Kigali, even as it lags the global standards.
“Our analysis of imagery from satellites and geographic information systems (GIS) confirms that in African cities, capital investment not only appears low near the urban core, but rapidly declines outside it.”
Mr Woodhams said property markets in Dar and Nairobi tell of different stories since the majority of new buildings in Tanzania are government-funded while Kenya’s is private sector-driven.
He said that the swanky public buildings in Dar are likely to generate near zero-returns in the near term since they are occupied by parastatals and government departments, meaning Dar is expected to record a drop in capital value should the lull in the private sector activity persist.
The shine on Kenya’s property market has in recent years pulled in multinationals in droves, especially Chinese firms that now dominate the construction sector.
Chinese investment firm Avic International is, for instance, constructing a Sh9.6 billion complex in Westlands, comprising a 35-floor five-star hotel, apartments and 43-floor office blocks.
Besides, Indian tycoon Mukesh Ambani has a big presence in Kenya through his local company Delta Corporation East Africa.
The firm has recently developed the Iconic Delta Corner twin towers in Westlands and another tower in Upper Hill that it sold to the World Bank.
“The urbanisation of people has not been accompanied by the urbanisation of capital. This manifests itself into cities not being able to fully tap into their economic potential. We use various metrics to make this point, including some new analysis based on calculating the replacement value of building stock in the city,” the study says.
The World Bank purchased Delta Centre from Mr Ambani to host its Kenyan offices at a cost of $22.8 million (Sh2.3 billion) while consultancy firm PwC bought one part of the Westlands towers.
Multi-billion shilling Garden City Mall, which opened its doors in 2015 on Nairobi’s Thika Road, is owned by British investment firm Actis.
Investment firm Centum will open Two Rivers Development on February 14, a multi-billion shilling real estate project in Kiambu that is designed to host the largest shopping mall in the region.

Two Rivers, which comprises a shopping mall, hotel, office blocks and apartments, sits on a 102-acre piece of land on Limuru Road in Kenya’s capital city.
Also in the top end of commercial real estate market is Dubai-based real estate company Abcon International LLC, which plans to build a Sh5.52 billion towering complex in Nairobi comprising a shopping mall, office block and a hotel modelled on Singapore’s Iconic Marina Bay Sands Hotel.
The 35-storey skyscraper will be located in Nairobi’s commercial district of Upper Hill. The mixed-use development will also feature luxury apartments and an amphitheatre.
Kenya’s property market has boomed in recent years, catching the eye of deep-pocketed foreign developers from China, India, Britain and United Arab Emirates.

World Bank values Dar’s real estate Sh273bn more than Nairobi

CC: KweliKwanza, Annael, kadoda11

Huwa mkisoma taarifa kwa kina.......someni hio highlights zoote, ndio muelewe.

Nearly two third of that article is concentrating on Nairobi.......hahahaha!

nipo allergic na rangi nyekundu.siwezi soma maelezo yako.I'm sorry for that bro.

 

[COLLOH-MZII]

. Yaani unanichekesha sana ndugu yangu. Wewe endelea tu na misifa ya kijinga sisi tunapiga kazi.

Use facts my friend..usikue shabiki mkubwa bila wa tz bila facts