Knight Frank Uganda Ltd

EconomyProperty

Kampala property market improves on robust economy

Market could have performed even better, but demand for prime housing and large office space from oil and gas sector fell short of expectations
Mirembe Business Centre, office building on the Lugogo bypass, Kampala, managed by Knight Frank Uganda
Property

Rents are down in Kampala as supply outruns demand

Property developers in Kampala's prime residential areas, especially those with newer apartments, were forced to lower rents in 2019 to stay competitive as supply overran demand, according to a new report by Knight Frank
Apartment blocks in Nalya Housing Estate, Kampala
CompaniesProperty

Mauritius-based Gateway Delta to invest $20 million to redevelop Metroplex Mall

Gateway Delta Development Holdings, a Mauritius-based real estate developer, plans to invest $20 million to redevelop Metroplex Mall within the next year after acquiring it from its current owner
A mall entrance
Property

Shoprite to open a fourth store at Victoria Mall

For a retailer that has been measured on expanding in Uganda, Shoprite seems to have discovered something about Nakumatt's former locations
CompaniesProperty

Shoprite is moving into the space vacated by Nakumatt at Acacia Mall

Shoprite is opening its third Ugandan store at Acacia Mall, Kisementi, two years after closing an outlet in Nalya
Acacia Mall in Kamwokya, Kampala, one of the properties managed by Knight Frank
Property

Tough economy bursts Kampala’s property bubble — report

The headwinds that hit Uganda's economy in 2016 did not spare the property sector; it was "a turbulent year for the property market," real estate consultancy Knight Frank says in its Uganda Market Update for the second half of 2016.
Acacia Mall in Kamwokya, Kampala, one of the properties managed by Knight Frank