East African real estate executives hopeful of recovery amid COVID-19 shocks

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East African real estate executives hopeful of recovery amid COVID-19 shocks

STORY: East African real estate executives hopeful of recovery amid COVID-19 shocks DATELINE: May 19, 2022 LENGTH: 00:01:58 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. various of banners at the conference 2. various of speakers at the conference 3. various of real estate buildings in Nairobi STORYLINE: East African real estate executives on Wednesday said that they remain hopeful that the sector will recover from the COVID-19 shocks. Speaking at a forum in Nairobi, Kenya's capital, Tilda Mwai, research lead of pan-African real estate research firm, Estate Intel, said that the regional economic recovery has prompted a lot of interest in the sector from both local and foreign investors. "East Africa's real estate sector continues to develop and become more resilient and is able to withstand cyclical shocks," Mwai said during the ninth annual East Africa property investment summit. The two-day summit brought together over 300 attendees from across the East African region to exchange views on how to ex

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