Kenya Office Occupancy Drops Amidst New Supply

Knight Frank’s Kenya Market Update H2 2024 reveals declining occupancy rates in the commercial office sector. According to the market report, average monthly asking rents for prime office space remained stable at USD 1.2 per sq ft. However, occupancy fell by 4.5% to 72.7% in H2 2024, down from 77.2% in H1 2024. This decrease … Continue reading Kenya Office Occupancy Drops Amidst New Supply