Kenya’s Office Property Market On A Boom
Kenya’s property market is in international gaze. All top cities, including Nairobi and suburbs are enjoying huge demand in residential, commercial and office spaces.
Nairobi, being gateway and hub of East Africa is a city of Opportunity and offers trade opportunities, great climate and peaceful atmosphere with hordes of investors and professionals flocking there.
The influx of foreign investors, MNCs, IT companies, trading houses have increased the demand for office space in Nairobi and adjacent places.
Many global brands have set up shop in Kenya. Kenya’s commercial and office real estate is hot and pricey.
Within the big Kenyan cities certain locations have great pull on residents. Natural beauty, greenery, access to outlets for food, recreation, and education centres make them most sought after.
Among such locations for business and commercial property are Parklands, and Westlands. You come across many professional real estate agents who arrange best offices to let parklands.
Parkland is a best suburb that is well-maintained and has MyCiti BRT link enabling quick access to the Cape Town CBD. Parklands North offers high-end finishes and is closer to Sandown Road Link and new shopping areas.
Kenya’s booming property market is a gold mine for real estate agents as the market is growing fast.
As economy is growing, many townships and commercial centres are coming up.
Besides Nairobi, the vibrant property market has expanded to Mombasa, Lamu, Malindi and Kisumu. These are also places for offices to buy Kenya as early movers are making a big buck.
Great location, wide choice and value for money are the motto of all in Kenya. The demand for rental office space is soaring. In Nairobi CBD, Westlands the office space market is beckoning. The office space boom of Kenya dates back to 1990s and early 2000s.
When land and office became scarce in CBD Westlands and Upper Hill took over that gap. That is why offices in Westlands have lots of foreign buyers.
With a large data base, real estate agents are rendering a great service in sale and renting with comprehensive support from professional services.
The real estate agencies turn in a bouquet of services including inspection of the property, developing strategy for the client's requirements and final negotiation.
Even if clients are located in Nairobi, they get assured services for pan Kenya operations from realty agencies. They are of great help in looking to expand foothold in Kenya by exploring interest in rural properties including ranches, farms and bush homes.
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