The developers in prime areas like Nakasero and Kololo have responded to these market dynamics by replacing older, detached houses with modern apartment blocks Kampala, Uganda | THE INDEPENDENT | Kampala’s property market is undergoing significant changes as property owners increasingly shift their tenancy preferences from long-term leases to short stays, …
Read More »
Rent drops but top property agency sees short-term gloom before long-term boom Rent for office space in prime locations in Kampala city has taken an almost 30% fall as tenants flee the city’s Central Business District (CBD), according tothe latest report from the property agency Knight Frank. Rents have dropped …
Read More »
Barclays Bank has instructed Quickway Auctioneers and Court Bailiffs to auction J&M Airport Rd Hotel Apartments and Leisure Centre Ltd to recover a loan amounting to more than Sh 4.7 billion. A notice published on July 4 indicated that the property, sitting on approximately 30.5 acres, would be auctioned to …
Read More »
The Independent Uganda: You get the Truth we Pay the Price