2023-07-27-莱坊-Kampala_Market_Update_Q3_2022_Q3_2022_1页_1mb

报告摘要

Economic Highlights: High inflation (10% in September 2022) led to increased interest rates (16%) and operational costs, reducing occupancies and turnovels. K Shs depreciation further strained financials.
Residential Market: Demand for affordable housing increased, with higher enquiries and stable occupancy rates (88-93%). Rental prices remained relatively steady.
Office Market: Prime office rents increased. Demand for smaller (50-100 sqm), flexible spaces (agile office solutions) rose as occupiers favored short-term leases and prime locations.
Retail Market: Footfall and turnover improved by 13% and 7%, respectively, driven by relaxed restrictions and new retail entrants. Activity shifted to suburbs and online channels, with occupancies stable at around 89%.
Industrial Market: Demand for industrial space and warehouses persisted, with occupancies reaching 93% (grade A/AB). New industrial parks boosted supply, supporting businesses.

Economic pressures, including high inflation and costs, negatively affected demand and occupancies.
Uncertainty, partly driven by global tensions and local policy changes, shaped market dynamics.