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Stanbic Properties Limited unveils inaugural real estate market report showing 89% occupancy rate

by CEO Reporter
Andrew Mashanda, the CEO for Stanbic Uganda Holdings Limited interacts with Spencer Sabiiti, the CE for Stanbic Properties during the press conference in Kampala on Feb.09
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A new real estate sector report compiled by Stanbic Properties Uganda Limited (SPL), a subsidiary of Stanbic Uganda Holdings Limited, indicates that average occupancy from surveyed buildings was recorded at 89% for Grade A, 83% for Grade B and 74% for Grade C buildings. The report, compiled as at the end of December last year, says that the prevailing median rents were recorded at US$15, US$11

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