Oversupply, Tough Economy Continue to Push Down Retail Rents in Kenya

Rents for prime retail stores in Kenya declined by  4.2 percent in the second half of 2019 to KSh466.44 (US$ 4.6) per square foot per month, according to Knight Frank, a  leading independent real estate consultancy.  In Kenya’s real estate market performance over the second half of 2019 findings, “The drop was mainly attributed to … Continue reading Oversupply, Tough Economy Continue to Push Down Retail Rents in Kenya