based on my own research the following towns show massive potential following the upcoming devolution,shall give some examples:

1.Kisumu is and has been growing rapidly courtesy of it being a provincial headquaters. there is is room for growth considering the massive trooping of universities to the town and improved infrastructure esp roads

2. Kakamega. Main reason i see it as a growth town in the Masinde muliro University. Using eldoret as a good example,a town grows as the uni grows. Than coupled with up coming decolution there is bound to be need for quality accomodation esp by technocrats in the county GoK.

3.Meru and Eldoret- both these towns have had their growth fueled by universities with eldoret having the addition of runners cash plus a few industies here and there. Meru has mainly been Miraa money and its a very vibrant town. Demand for accomodation shall go up in both these towns one devolution starts proper thus land in the right part of town is a precious commodity

5.Isiolo and Maralal-this my people is what i call a virgin towns...they are my two favotire towns with a bias towards isiolo as quality accomodation is almost nil,up coming infrastructure projects are many and they are cosmopolitan in nature thus easy to penetrate.only draw back is most land is community owned and have no titles thus need to await ongoing issuance of titles before investment

6.Lamu-best investment decision! this is highly recommended for serious speculators. LAPPSET is happening and we need to get real and start investing in the corridor

I believe the future crop of multi millionares and speculators shall come from these twns considered to be too far and interior. look at the oil prospecting and road construction coming up in the northern parts of Kenya

What about Kitui? - Coal, iron ore, cement?

Salama and Kiu Area - Konza city is likely to spur demand for a technology 'milimani' away from the busy city.

Meru and Nanyuki I agree, no brainers as they are the coldest towns next to the oil rich north. Trust me the barons will want to chill away from the hot temperatures once in a while.

Kyumvi junction should also see a lot of activity as several major roads will converge there.

The land next to KU Kwa Vonza Campus and South Eastern University College (SEUCO) Kwa Vonza campus...the planned expansions for these 2 institutions will spur demand for student accomodation and related businesses. Currently the thousands of students in these 2 campuses have to travel to Kitui (17 km away) to access decent shopping/rave.

@mibbz, I like your analyses but I think you are overestimating the effect of devolution on real estate.

I do not see a lot of reverse migration to the counties happening. Infact, you have to be very long term to count on this.

What about Embu? Anyone with info?