Increased supply of properties, coupled with changing consumer preferences and statutory changes in the warehousing regime have had a knockdown effect on demand in Uganda’s property markets. Property owners have had to adjust pricing downwards while others have opted to play a “wait-and-see” game, the Knight Frank Uganda Kampala Market Update H2 2019. The report is based on a survey conducted in December by Knight Frank Uganda, a leading independent real estate consultancy that offers property valuation and consultancy; residential and commercial agency services as well as property management. According to the report, the last 12 months have seen an…
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