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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.
Emerging lifestyle trends and demands of modern living are steadily transforming the way people live, shop, work, eat, enjoy leisure and entertainment and interact.
One sector of the economy that must adjust and respond to this change is real estate, especially investment in shopping malls. Indeed, the fall of Nakumatt and scaling down of Uchumi Supermarket’s outlets demonstrates that over reliance on the so-called anchor tenants for mall developers may not be tenable in future.
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