Monday 20 August 2012

The future of commercial property development in kenya with county governments

commercial property Kenya
The Geographical look of Kenya over the next 12 months is expected to change considerably. The devolution of power has also meant a devolution of resources and that is expected to impact the commercial property development sector in the country. There is a comprehensive change of focus from Nairobi (the center of commercial property developmenet) to other counties in the country. The investmnet opportunities presented by devolution for commercial property developments are huge. Developers are looking to tap on the relatively less developed counties potentials for growth. The devolution will constitute a mass movemnet of human work-force to relevant counties. This is where the money is, such counties will need malls, homes and warehouses. for many developers this is a very good opportunity if approached in the right angle. nonetheless, it does look like a change in opportunities with the bulk of commercial property moving out of the main city to other poetnatial areas. with all said and done, Nairobi will also remain a very strong part in development of commercial property in the coming yaers.

4 comments:

  1. If you have property somewhere in Grand Rapids, you can easily look for a company that gives the said services. There are a lot of companies that offer grand rapids commercial property management.

    grand rapids commercial property management

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  2. grand rapid?? where is that kenya?

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  3. I believe government can play a vital role in future of commercial property. What you guys say? Am I right?

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    Replies
    1. yes, the government can provide incentives for investors, am thinking like the Machakos governor offering free land

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