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Tag Archives: Knight Frank

KNIGHT FRANK: Kampala condominiums too expensive for market

Kampala, Uganda | THE INDEPENDENT | A top property manager and consultant has warned developers about developing condominium units of housing without putting the market preference in mind. A condominium is a building structure divided into several units which can be separately owned, while the separate owners jointly own some …

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Property managers blame landlords for vacant premises

Kampala, Uganda |  THE INDEPENDENT  |  The real estate sector lost 40 percent of their revenues in 2020 largely due to the effects of the Coronavirus (COVID-19) pandemic on the economy, as demand for the services plunged, according to property managers.  Almost all business activities were closed down by April last …

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Making money after COVID-19 pandemic

Knight Frank’s virtual meeting gives ideas to business operators Kampala, Uganda | JULIUS BUSINGE | There is life after COVID-19. Business owners should think about adjusting their mode of operations to serve their clients better if they are survive. These are general views that came up during a discussion about …

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Working from home produced mediocre output – Survey

Kampala, Uganda | THE INDEPENDENT | By the time the President Yoweri Museveni directed a lockdown as a move to halt further transmission of COVID-19, Agnes Erios Nantaba, a Public Relations and Marketing Officer with the Insurance Training College formerly the Insurance Institute of Uganda was busy confirming the new …

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Media council directs century cinema to close

Kampala, Uganda |  THE INDEPENDENT |  The Media Council of Uganda has directed Century Cinemax at Acacia Mall to close, a week after reopening. The cinema reopened on Friday last week and has been operating with half of its capacity as a measure to ensure physical distancing. It can accommodate a …

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Uganda has over 500 billionaires – Knight Frank report

Kampala, Uganda | THE INDEPENDENT |  A report by estate agent Knight Frank indicates that 494 Ugandans each own wealth worth at least $500,000 (1.8bn Uganda shillings). The index shows the minimum threshold. This means that of the 494 individuals, there are those that own wealth in the excess of USD1m …

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Occupancy in upscale suburbs up – Report

Kampala, Uganda | THE INDEPENDENT | Investors in apartments in the upscale suburbs of Kampala like Nakasero, Naguru, Mbuya and Kololo saw the best start of 2019 with a surge in demand from expatriates compared to last year. According to estate agent Knight Frank Uganda report for the first six …

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