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The Standard e-Paper
Kenya's Bold Newspaper
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.
Over-supply of office space has led to a marginal decrease in occupancy in the commercial sector. This is according to a real estate review by Cytonn Investments released yesterday that said the segment saw a one per cent decline in 2016 from 89 per cent in 2015.
“Despite the decrease in occupancy, the yields remained attractive at 9.4 per cent driven by demand from growing companies in professional services and global corporations seeking space for regional operations,” the report noted.
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