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Demand for office space to increase in 2016, says report

Cytonn Investments CEO, Edwin Dande Photo/Elvis Ogina (Nairobi)

Growth of the economy in 2016 will result in an under-supply of commercial office space in Nairobi, says a new report.

According to the report by Cytonn Investments, there will be a deficit of about 3.6 million square feet in 2016 and 6.1 million in 2017, as demand for offices, especially Grade A offices in upmarket areas of Westlands, Parklands and Gigiri peaks.

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