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Absorption of high grade offices drops on oversupply

Office aisle with cubicles and tables.

The uptake of commercial offices fell by nearly half in 2020, owing to continued oversupply and the work-from-home revolution brought about by the Covid-19 pandemic.

According to the Knight Frank Kenya Market Update for the second half of 2020, absorption of Grade A and B office space decreased by 50 per cent, compared to 2019.

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