Current Volume 8
The integration of Environmental, Social, and Governance (ESG) principles in real estate development has emerged as a critical paradigm shift in Kenya's urban markets, particularly following the COVID-19 pandemic. This study examines the market dynamics, investment returns, and regulatory compliance frameworks governing sustainable real estate development in Kenya's major urban centers. Through comprehensive analysis of market data, regulatory frameworks, and investment patterns from 2015-2020, this research demonstrates that ESG-compliant developments not only yield superior long-term returns but also align with Kenya's Vision 2030 sustainable development goals. The findings reveal that sustainable real estate projects in Nairobi and Mombasa command premium valuations of 15-25% over conventional developments, while demonstrating enhanced resilience during economic disruptions.
ESG integration, sustainable real estate, Kenya, urban development, investment returns, regulatory compliance
IRE Journals:
Felix Maloba Odanga
"Sustainable Real Estate Development and ESG Integration: Market Dynamics, Investment Returns, and Regulatory Compliance in Post-Pandemic Urban Markets - A Kenyan Perspective" Iconic Research And Engineering Journals Volume 4 Issue 6 2020 Page 134-149
IEEE:
Felix Maloba Odanga
"Sustainable Real Estate Development and ESG Integration: Market Dynamics, Investment Returns, and Regulatory Compliance in Post-Pandemic Urban Markets - A Kenyan Perspective" Iconic Research And Engineering Journals, 4(6)