×
The Standard e-Paper
Kenya’s Boldest Voice
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Developers should focus on the “long term” for gains in the commercial offices sector, an industry lobby has said.
Kenya Property Developers Association (KPDA) Chief Executive Elizabeth Mwangi-Oluoch said certain locations were experiencing over-development and finding it difficult to get tenants. “Certain locations are experiencing over-development and struggling to achieve historical occupancy percentage rates. However, this is also driven by the general macroeconomic environment, to a certain degree,” she said, adding: “Developers should therefore be geared to the long-term horizon for gains.”
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join