In addition, Regent has undertaken valuations of various properties for various purposes. The data gathered in preparation of valuation reports and development consultancy has carefully been analysed and stored and is often used in preparing forecasts for various clients. This information has been useful in preparing professional advice for some key corporate clients as follows:  (a) Uganda House, Kampala, Uganda (February 2000)- a major evaluation of a redevelopment proposal and market research for the viability of the project. The proposal was to invest US$30 million (KShs. 2.3 billion) in a mixed use project in central Kampala and involved detailed scenario planning, forecasting and analysis of the prospects for this development proposal. The report was delivered on time and was used as a basis of seeking offshore funding for this development scheme.

 ( c)       Project Conception & Feasibility Study for Commercial Development (Bishops Gate, Bishops Road, Nairobi) (2005)- Regent Group was commissioned to source for a site, develop a project concept and prepare a feasibility study for an investment fund. The instruction resulted in the development of Bishops Gate, a prestigious middle-rise commercial building. The analysis and report by Regent Group enabled the project to be completed within time, cost and let at the projected rental income.

 (d ) Market Analysis for KPA Bandari Villa (2004)- Regent Group was commissioned to undertake the initial feasibility study to determine the most viable development for the then vacant plots. A detailed analysis of the residential market for Nairobi was presented highlighting past and present trends and a projection of the housing demand, supply and pricing for 10 years. The report was used in 2006 to make investment decision. 

(e) Feasibility Study for Nicemond Investment Limited for Development of Sapphire Apartment (2007)- Regent Group was commissioned to undertake a study to establish the viability of developing a 0.5 acres plot along Mombasa Road, Nairobi. A detailed analysis of market conditions for middle-income housing was presented. The analysis allowed the client to select a development project and get funding from financiers. The project is ongoing and is expected to be completed on time in October 2008.  (

f) Feasibility Study for the proposed Hacienda Three Hills Eco City Mombasa (2008)- Regent was instructed to prepare a detailed feasibility study and market analysis of a proposed low and medium cost residential development of 6000 units in Mombasa. The analysis and market report has enabled the developers start the phase I of the project. 

(g) Viability Study of the proposed Villa Franca Apartments, Nairobi (2008)- Regent was instructed to review the approved architectural drawings of the proposed apartments to establish the marketability and economic viability. The analysis and report allowed the investor to review the concept and layout of the project. 

(h) Egerton University Staff Pension Scheme Market Research (2008)- Regent was instructed to undertake a market analysis to identify viable investment options for a fund of fixed sum. Regent undertook an analysis of the various options of investments in real estate, the inherent risks, the potential returns and the likely payback period. The report and analysis allowed the Pension Scheme to select a prestigious commercial building.  The above consultancies have given Regent a strong foundation in market analysis. The amount of historical data in our systems is sufficient enough to forecast the trends in the foreseeable future. 

Since the year 2004, Regent has also prepared and published detailed and analytical market analysis reports that have received extensive coverage in local and regional print media. The same reports have become the decision tool for most pension fund managers in investment decisions.  

(a)               “Kenya Real Property Survey: Commercial Real Property Trends 1990 – 2004 (Nairobi & Mombasa)”- published in January 2005; 

(b)               “The Current State of the Commercial Properties Leasing Market in Kenya (Nairobi & Mombasa)”- published in February 2006; (c)                “The Current State of the Commercial Properties Leasing Market in Kenya (Nairobi & Mombasa)”- published in January  2007; 

(d)               “Commercial Real Estate Investment Opportunities in Nairobi CBD” a paper prepared for Kenya Shell Ltd. The process of collecting and analyzing data for the above market surveys has exposed Regent to the workings of the real estate markets. Regent is now in a strong position to undertake a market research and viability assessment for the various project for you to determine the past, present and future state of the real estate market. This will enable you to design, construct and price the products to meet the aspirations of Kenyans and ensure sustainability.  This information, acquired prior to making an investment decision, is critical to any financial institution and developer as part and parcel of prudent risk management practices.

In addition, members of our professional team have been involved in undertaking research for various purposes. Most of them have prepared research reports/projects/dissertations for degree courses, presented papers at major conferences and written professional articles for newspapers. Our team has the experience and professional ability to undertake a real estate market survey for you. The basic structure of a well-conceived market analysis consists of three essential components namely the market overview, the market study and marketability study. The order of these tasks leads to general insights about the market (market overview), to forecasts of rent levels, prices and vacancies at the market and sub-market level (market study) and, finally, to specific forecasts of project absorption (marketability study). 

The key tasks of market analysis include: 

(i)                 Discussing megatrends affecting user preferences and product design;

(ii)               Estimating the long-term attractiveness of the location and site;

(iii)             Forecasting balance and imbalance between future demand and supply;

(iv)             Segmenting demand and differentiating supply; and

(v)               Conducting sensitivity analysis of key variables in the project’s cash flow projections. 

Real estate markets can also be analysed on the basis of units or types of real estate, prices (stable and unstable), and supply and demand (seller’s market versus buyer’s market). Real estate markets can also be analysed in terms of type of property, the type of transaction (e.g., rental and sale) and the geographical area in which competition exists.