When Brian Arineitwe walked into Dubai International Airport as a young Customer Service Agent more than a decade ago, he couldn’t have imagined that the skills he honed in the…
Uganda’s real estate market in the first half of 2025 tells a story of shifting demand patterns, resilient industrial growth, cautious residential landlords, and a retail sector slowly finding its rhythm again. Knight Frank’s Kampala Market Performance Review for January–July 2025 unpacks the major trends shaping the residential, office, retail, and industrial segments. Whether you’re looking to invest in Uganda’s real estate, secure your next rental, or finance property developments, understanding Kampala’s market dynamics has never been more critical. The first half of 2025 revealed a sector in transition—driven by shifting tenant demographics, evolving lifestyle preferences, and distinct performance swings…
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Kampala’s skyline continues to shift—upwards and outwards. With Knight Frank Uganda’s H2 2024 Market Outlook confirming the sustained demand for urban commercial and residential spaces, the message is loud and…
The latest H2 2024 Kampala Property Market Report by Knight Frank Uganda paints a mixed picture of the city’s real estate market. The report highlights an uptick in prime office…
#1: Despite a slight recovery, general retail performance remained subdued and below 2019 pre-pandemic levels Despite turnover and footfall levels recording significant improvement in H1 2021 vs H1 2020, the general retail performance remained subdued and is yet to recover to the 2019 pre-pandemic levels. Subdued trade within the retail sector, stringent operating procedures to limit human to human transmissions, supply chains disruptions, dwindling consumer confidence and spending as well as the general elections and continued closure of bars and nightclubs remained, together with well-founded consumer fear of socializing all combined to suppress demand for retail space. However, with more…
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Hardly a day after Broll Uganda, the Ugandan unit of South Africa’s Broll Property Group (Pty) Ltd had distanced itself from being part-owned by Pine Investments Ltd, a property development company, owned by the Attorney General Mr. William Byaruhanga; entertainment mogul, Charlie Lubega of Guvnor Night Club and Henry Lubwama, of HL Investments, it has emerged that it is instead a company, belonging to children of the tycoons that has acquired the 40 percent stake. According to information available to this website, the company, Cedrus Investments Limited, recently acquired 925,480 shares in Broll Uganda, valued at UGX925,480,000. The other 1,387,220…
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Broll Property Group (Mauritius) Ltd has relinquished a 40 per cent stake in Broll Uganda, its Ugandan subsidiary. Speaking to Daily Monitor, Uganda’s leading independent daily, Moses Dennis Lutalo, the Broll Uganda Country Manager, confirmed the move. “In the next two weeks we will announce who will acquire the 40 per cent stake of Broll,” he told Daily Monitor, without saying who the new shareholders will be or the terms of the deal. He also separately told this writer that indeed a local company would acquire the 40 percent shareholding in their Ugandan unit. “We have local shareholders, it’s…
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Meera Investments Limited (MIL), Uganda’s largest landlord recently ventured into the build-to-spell property space, starting with Tagore Living- comprising of 28 homes, located in Kamwokya-Kisementi, adjacent to the affluent Kololo neighborhood. The project is split into 3 configurations of 2-bedroom apartments- but each with a kitchen, a living room, dining room and a spacious balcony. The 3-bedroom apartments also come with a kitchen and dining room, a lounge and an even more spacious balcony. According to management the project is nearing completion with all apartment works completed and finishing touches ongoing. Sales for the homes are already under way and…
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Knight Frank Uganda, the leading property consultancy firm last week released their H1 2020 Kampala Market Performance Review and Outlook report, giving a more detailed insight into the property market since Covid-19 made a landfall in Uganda towards the end of March 2020. The report provides Uganda’s most authoritative insights on the office, retail, residential, and industrial sectors and is probably the only of its kind to date. In light of the working from home phenomenon that was necessitated by the Covid-19 measures instituted by the government, the H1 2020 report has been enriched with a market survey on what…
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Knight Frank Uganda, the leading property consultancy firm will this Friday release their H1 2020 Kampala Market Performance Review and Outlook report giving a more detailed insight into the property since Covid-19 made a landfall in Uganda in March 2020. In a media statement released by the company, the bi-annual report “discusses the Covid -19 pandemic, and the impact on the Kampala property market” especially as “businesses emerge out of lockdown and re-occupy offices and as shopping malls open for trade again.” “We also conducted a market sentiment survey on the future of commercial office space post lockdown and during…
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