Kampala Property Market Archives

Five must-know insights from Knight Frank’s H1 2021 Kampala property market report

by Muhereza KyamuteteraNews & Analysis The Big StoryAugust 8, 2021August 8, 2021

#1: Despite a slight recovery, general retail performance remained subdued and below 2019 pre-pandemic levelsDespite turnover and footfall levels recording significant improvement in H1 2021 vs H1 2020, the general retail performance remained subdued and is yet to recover to the 2019 pre-pandemic levels.Subdued trade within the retail sector, stringent…

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Eyebrows raised as under-30 children of tycoons; William Byaruhanga, Charlie Lubega and Henry Lubwama, acquire UGX900 mn stake in S.African property firm

by CEO ReporterThe Big StoryAugust 18, 2020June 24, 2024

Hardly a day after Broll Uganda, the Ugandan unit of South Africa’s Broll Property Group (Pty) Ltd had distanced itself from being part-owned by Pine Investments Ltd, a property development company, owned by the Attorney General Mr. William Byaruhanga; entertainment mogul, Charlie Lubega of Guvnor Night Club and Henry Lubwama,…

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Ugandan shareholders acquire 40% stake in the Ugandan unit of South Africa’s property services firm, Broll

by Muhereza KyamuteteraThe Big StoryAugust 17, 2020August 17, 2020

Broll Property Group (Mauritius) Ltd has relinquished a 40 per cent stake in Broll Uganda, its Ugandan subsidiary. Speaking to Daily Monitor, Uganda’s leading independent daily, Moses Dennis Lutalo, the Broll Uganda Country Manager, confirmed the move.“In the next two weeks we will announce who will acquire the 40 per…

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PICTORIAL: Inside the exquisite Tagore Living homes- Sudhir Ruparelia’s first build-to-sell residential project

by CEO ReporterCompany News News In PicturesJune 18, 2020June 18, 2020

Meera Investments Limited (MIL), Uganda’s largest landlord recently ventured into the build-to-spell property space, starting with Tagore Living- comprising of 28 homes, located in Kamwokya-Kisementi, adjacent to the affluent Kololo neighborhood.The project is split into 3 configurations of 2-bedroom apartments- but each with a kitchen, a living room, dining room…

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THE STATE OF REAL ESTATE: A dozen key things in Knight Frank’s H1 2020 Uganda property report during and post-Covid-19

by Muhereza KyamuteteraThe Big StoryJune 18, 2020June 18, 2020

Knight Frank Uganda, the leading property consultancy firm last week released their H1 2020 Kampala Market Performance Review and Outlook report, giving a more detailed insight into the property market since Covid-19 made a landfall in Uganda towards the end of March 2020. The report provides Uganda’s most authoritative insights…

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Knight Frank to release H1 2020 Kampala property report baring mixed sector signals

by CEO ReporterCompany NewsJune 9, 2020June 9, 2020

Knight Frank Uganda, the leading property consultancy firm will this Friday release their H1 2020 Kampala Market Performance Review and Outlook report giving a more detailed insight into the property since Covid-19 made a landfall in Uganda in March 2020.In a media statement released by the company, the bi-annual report…

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Bank of Uganda’s move to limit loans exposure to real estate gets mixed reactions from sector players

by Muhereza KyamuteteraThe Big StoryJune 8, 2020June 8, 2020

In a bid to limit over exposure to the real estate sector amidst what the central bank calls a potential “double-digit decline in real estate valuations” Bank of Uganda, last week, directed all lenders under its jurisdiction to limit their Loan to Value Ratio (LTV), for residential mortgages and loans…

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Kampala’s shopping centres reopen as landlords and government agree on standard operating procedures

by CEO ReporterCompany NewsJune 7, 2020June 8, 2020

Government and Kampala city landlords have reached an agreement on reopening their buildings subject to tough standard operating procedures, according to Trade and Industry Minister Amelia Kyambadde.This follows a closed door meeting between the ministry officials and city landlord representatives- Dr.Sudhir Ruparelia, Godfrey Kirumira, Hamis Kiggundu and Ssemambo Rashid.The meeting…

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Supply surpluses, warehousing controls and fears over Landlord-Tenant Bill dampen Kampala property markets

by Muhereza KyamuteteraCompany NewsJanuary 26, 2020January 26, 2020

Increased supply of properties, coupled with changing consumer preferences and statutory changes in the warehousing regime have had a knockdown effect on demand in Uganda’s property markets.Property owners have had to adjust pricing downwards while others have opted to play a “wait-and-see” game, the Knight Frank Uganda Kampala Market Update…

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TAGORE LIVING: Grab a piece of these 28 elegant Kampala City urban homes

by Muhereza KyamuteteraCompany News The Big StoryNovember 2, 2019November 2, 2019

Ruparelia Group ventures into build-to-sell residential real estate with Tagore Living- a 28 urban homes project

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