Real estate consultancy Knight Frank is celebrating 21 years of existence and taking stock of its contribution to the steady growth and development of Uganda’s property market.
“Since our inception in 2000, Knight Frank Uganda has been focused on nurturing long-term relationships with our partners founded on trust and integrity. Our 21st Anniversary is a milestone and testament to our commitment to relentlessly engaging people and property perfectly…Since 2000, Knight Frank Uganda takes pride in its proven track record of excellence across the services lines we provide,” Knight Frank says in a statement.
Delivering real value
With over 1,400,000 sq. ft. of commercial and residential portfolio under management, Knight Frank says its Occupier Services and Commercial Agency team continues to provide expert advice to tenants and landlords across the Ugandan market.
“We continue to deliver real value through carefully formulated property strategies and robust negotiation, in prime business centers for landlords, multinational businesses, and local occupiers. Our Residential Agency, works with our clients across the globe, buying and selling prime residential properties, ranging from country houses and lakeside hideaways to the most unique residential properties in Uganda,” the statement says.
US$774m commercial property
Having valued over US$774 million worth of commercial property in 2019, Knight Frank says their Valuation & Advisory experts continue to provide a comprehensive range of single and portfolio valuations, specialised asset valuations, and consultancy services across both the commercial and residential sectors.
“With a wide skill-set ranging from retail centres to student property, we have the ability to tap into resources within our extensive global network of Capital Markets, Leasing, Occupier, and Research industry specialists, allowing us to add value to our clients. Our valuation & Advisory client base comprises financial institutions, private individuals, funds, property companies, and the public sector.”
Breaking Barriers: Charles Mudiwa on Intergenerational Leadership at Makerere Formal retail in Uganda has been on a growth trajectory over the past two decades evidenced by an increase in Foreign Direct Investments (FDIs) that have seen more international retail brands entering the market.
Knight Frank has been front and center of this growth and evolution, transforming the retail sector through best-in-class leasing, advisory, and asset management.
“We have diligently raised the bar for retail performance in Uganda by partnering with both landlords and tenants as they collaborate for success. With Six of the biggest shopping centers under Knight Frank management, our Retail Management team continues to trailblaze the retail development sector by providing data-backed research and relevant marketing strategies which has led to successful shopping centres being delivered onto the market.
“We have a sound understanding of property investment and are thus best placed to ensure our clients achieve their objectives. In conclusion, this journey would not have been possible without the commitment and dedication of our most valuable assets – our people. Their ability to uphold the values of our brand and a culture that allows each individual to contribute to the organisation’s ultimate vision is the combination that makes us our clients’ trusted partners in property.”
The future
“As we look forward to another 100 years, our passion for excellence and the resolve to serve our clients with professionalism and integrity has never been stronger,” the consultancy says.
