SUSTAINABLE REAL ESTATE: AN ANALYSIS OF OPEN PUBLIC SPACES INCORPORATION IN REAL ESTATE DEVELOPMENT IN KENYA

Mwai Tilda Njeri and Mwirigi Pamela Mukiri

AfRES from African Real Estate Society (AfRES)

Abstract: Open public spaces are an integral part in sustainable development by enhancing the quality of life through human interaction. The social value that emanates from this interaction within the spaces has been greatly undermined by the economic value of the developments within the country in the recent past. The introductory part of this paper seeks to define public spaces, their value and importance to sustainable real estate. It also attempts to explain the extent to which these spaces have been undermined and the under lying causes for this. The paper further seeks to investigate the conservation techniques applied on the already existent open public spaces in Kenya.The paper presents an analysis of real estate developments in different parts of the city of Nairobi, Kenya. The essence of the analysis is to give a clear depiction of the extent to which public and private developers have incorporated open public spaces in their developments. The paper analyses the legal framework governing the allocation of open public spaces in developments within the country. In addition, it seeks to analyse best use practices in the world over and how this can be replicated in Kenya.The paper concludes by making recommendations on how to incorporate open public spaces in real estate developments and their appropriate conservation methods.

Keywords: economic value; open public spaces; real estate; social value; Sustainable Development (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2016-09-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://afres.architexturez.net/doc/oai-afres-id-afres2016-131 (text/html)
https://afres.architexturez.net/system/files/refer ... %20proceedings-4.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:afr:wpaper:afres2016_131

Access Statistics for this paper

More papers in AfRES from African Real Estate Society (AfRES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().