Nairobi Property Market
Kenya's office supply glut gives Tenants upper hand
Office building owners in Nairobi are offering favorable leases to Tenants, thanks to a significant amount of stock and upcoming developments. ... Full story
Nairobi’s luxury home prices soften further
Prime residential prices in Nairobi slide by 6.5% in the 12 months to March 2019, according to the Knight Frank Prime Global Cities Index (PGCI) for the first quarter. ... Full story
SA retailer Shoprite expands in Nairobi
South African based retail giant, Shoprite Holdings, has opened its second supermarket in Kenya at the Garden City Mall in Nairobi. ... Full story
These are the 10 Wealthiest Cities In Africa
Africa is home not only to some of the world’s fastest-growing economies but also the majority of the world fastest growing cities. ... Full story
Nairobi lands a top spot among the World's 20 most Dynamic Cities
Nairobi has been recognized globally as a city on the move, being named for the first time in JLL’s top 20 City Momentum Index (CMI). ... Full story
Investors eye large quality Warehousing space in Kenya
In recent years there has been a noticeable trend towards an increase in demand from distribution and logistics-type operations seeking to relocate to where large quality warehousing space and large yards are available. ... Full story
Hilton to develop Hotel in Africa’s tallest development
Hilton Worldwide (NYSE:HLT) has unveiled plans to built a 255 guest-room and suite hotel in Kenya’s capital, Nairobi – expected to open in 2020. ... Full story
East Africa office spaces are all dressed up — with no one to fill them
Property owners in Rwanda, Kenya and Uganda are struggling to fill-up vacancies, with few companies seeking new office space. ... Full story
Kenya’s $540m Garden City opens
Garden City, East Africa’s first integrated residential, retail and office development, officially opened last night with the announcement of a new Business Park. ... Full story
Two Rivers Mall construction on track
Kenya can look forward to the launch of Two Rivers Mall in Nairobi — when it officially opens its doors in October. ... Full story
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Big sub-Saharan African economies to get potent lift this year
Sub-Saharan Africa’s biggest economies will benefit from a global upswing this year - as long as the U.S.-China tariff dispute does not disturb improving global trade flows, a Reuters poll ... Full story
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