SELECTION OF CONSULTING FIRMS BY THE WORLD BANK GROUP
REQUEST FOR EXPRESSION OF INTEREST (EOI)
Electronic Submissions through WBGeProcure RFx Now
Assignment Title: KENYA: REAL ESTATE INVESTMENT SECURITIES (REITS) MARKET RESEARCH AND REGULATORY REVIEW
The World Bank Group (WBG) proposes to contract a consulting firm to (i) Conduct market research/needs assessment for Real Estate Investment Trusts (REITS) by consulting with institutional investors and real estate developers; and explore the extent of readiness, gaps, and opportunities in the REIT/property market (ii) Carry out a review of the legal and regulatory environment, which would be applicable to a REITS instrument. The WBG recognizes the potential of REITs to raise significant amounts of private sector funding for investment in housing by providing developers access to a large pool of capital to finance development of affordable housing.
The World Bank Group invites eligible firms to indicate their interest in providing the services. Interested firms must provide information indicating that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc. for firms; CV and cover letter for individuals). Please note that the total size of all attachments should be less than 5MB. Firms may associate to enhance their qualifications unless otherwise stated in the solicitation documents. Where a group of firms associate to submit an EOI, they must indicate which is the lead firm. If shortlisted, the firm identified in the EOI as the lead firm will be invited to the request for proposal (RFP) phase.
Expressions of Interest should be submitted, in English, electronically through WBGeProcure RFx Now
Following this invitation for EOI, a shortlist of qualified firms will be formally invited to submit proposals. Shortlisting and selection will be subject to the availability of funding.
Only those firms which have been shortlisted will be invited to participate in the RFP phase. No notification or debrief will be provided to firms which have not been shortlisted.
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