BY PAUL TENTENA
KAMPALA, UGANDA –Cytonn Real Estate, the development affiliate of Cytonn Investments, has released its Kampala Real Estate Investment Opportunity Report – 2017 showing that there is potential and huge returns on investment if one invests in Grade A office rental space.
The report that was released in line with providing investors a diversified portfolio of investment grade real estate products across Sub Saharan Africa points out that the most attractive typologies and areas for development are Grade A offices (yield of 11.4%), 2-bedroom apartments in Kololo (yield of 10.0%), 3-bedroom houses in Naguru (yield of 8.9%), and 3-bedroom houses in Naalya (yield of 7.2%).
It tags it on high demand for real estate residential units in these markets against low supply, and demand for institutional Grade A commercial offices.
“Before making any investment, our Research and Deal Origination (RDO) team spends time in the target market, collecting and analyzing data to make the best investment recommendation for our investors.
“As such, and in line with our regional expansion strategy, we have been carrying out research on various markets in the Sub Saharan African region. We started with Kigali – Rwanda in 2016, and between June and July 2017, we carried out a real estate market research in Kampala – Uganda,