Nairobi office rents cheapest in Africa

nairobi city county
[Image source: African Arguments | Credit: Nina R.]
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Business Daily | by Brian Ngugi


Office space rent in Nairobi declined 13 percent last year, making Kenya’s capital the cheapest among top African cities, a new survey has shown.

The Knight Frank report shows that office space in Nairobi on average went for Sh1,308 per square foot in the second half of last year, down from 1,478 amid the Covid-19 economic fallout.

This compares to Kinshasa (Sh3,815), Accra (Sh3,052), Johannesburg (Sh2,009), Cape Town (1,860), Addis Ababa (Sh1,744), Dare Salaam (Sh1,635) and Kampala (Sh1,526)…

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[Image source: African Arguments | Credit: Nina R.]

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