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Knight Frank Records 29% rise in New Office Space Market in 3 months Across Africa
A structure in Kololo, Kampala. Institutions prefer Kololo among other places for office space
New office space requirements increased by 29% in Second Quarter (Q2) of 2021 compared to Q1 (First Quarter) across Africa according to Knight Frank.
This increased office market activity has been attributed to the ‘flight to quality’ trend that has seen businesses taking advantage of weakened prime office rents to occupy office spaces that place employee wellbeing at the forefront.
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