This archive report was first published on 17 October 2019.
Published on October 17, 2019, a report by Cytonn Real Estate, the development affiliate of Cytonn Investments, highlighted the poor performance of the retail segment in real estate over the last year.
The report identified investment opportunities in county headquarters in some markets, including Mombasa, Kiambu, and Mt Kenya.
The retail sector saw a significant increase in mall space, with 1.1 million square feet added to the market in 2018, leading to a total supply of 12.5 million square feet in 2019, up from 11.4 million square feet in 2018.
