Knight Frank Property Report: Kampala’s prime office market to pick up, buoyed by oil and gas prospects

Kampala’s Prime office market is expected to increase as the performance of office rents across Africa remains mixed. “Locations such as Kampala are expected to record a rise in occupier activity due to the recent signing of the East African crude oil pipeline project which we expect will drive up demand from the oil and gas sector in particular,” Tilda Mwai, Knight Frank Researcher for Africa says. A Knight Frank’s inaugural Africa Office Market Dashboard for Q1 2021 says like most other regions around the world, African cities have seen diminished office demand, which has been exacerbated by the economic…