Property sector yet to pick up amidst shifting consumer preferences and pennywise tenants – Knight Frank report

Marc du Toit (left) and Judy Rugasira Kyanda, the Knight Frank Uganda, Head of Retail and Managing Director respectively, at the release of the H2 2020 Kampala Market Update Report. Knight Frank reports that while the sector is still optimistic of a post-2021 recovery, it is still reeling from the shocks a near-total lockdown in the first half of 2020. Recovery is pegged on the acquisition and faster rollout of the Covid-19 vaccine. Courtesy photo