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Knight Frank sees ease in office space supply as demand cools

A section of Upper Hill in Nairobi that offers high-end office space. [File, Standard]

Rental prices for office spaces may soften in the near future as landlords grapple with empty spaces due to an oversupply and reduced demand, a new report shows.

The insistence of tenants to pay their leases in Kenya shillings despite US dollar-denominated loans by landlords is also said to affect the security of their investments.

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