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Tag Archives: real estate

Real estate pandemic pain

Industrial sector rent remains stable as that of office and residential falls Kampala, Uganda | ISAAC KHISA | Rents in industrial sector has remained stable amidst the coronavirus pandemic as that of office and residential sectors take a southward trend. The Knight Frank’s latest Kampala market performance review shows that, …

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Lands Ministry temporarily closes Wakiso zonal land office

Kampala, Uganda | THE INDEPENDENT | The real estate industry in Wakiso district has been thrown into panic following the temporary closure of Wakiso Ministry Zonal Office-MZO. There will be no land transaction in the district, during the time of the closure, as operations of surveys and mapping sections at …

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Mukwano empire founder Amirali Karmali dead

Kampala, Uganda | THE INDEPENDENT |  Amirali Karmali, the proprietor of Mukwano Industries Uganda Limited is dead. The entrepreneur died quietly on Wednesday evening in Fort portal, according to reports.  Karmali, born in the 1930s is the father to Alykhan Karmali, who is currently running the family business empire that spans …

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Managing real estate

INTERVIEW: Adnan Mpuga is the Executive Director of Eastlands Agency. He spoke to Agnes E. Nantaba about trends in Uganda’s property and real estate market. What are the key elements in your management style as a manager? Hard work, honesty and respect for all are key elements in management. Working …

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China property tycoon warns on real estate bubble

Beijing, China | AFP | China’s richest man, real estate magnate Wang Jianlin, has warned the country’s property market is the “biggest bubble in history” — the latest alarm bell to be sounded on the world’s second largest economy. Wang, the owner of real estate and entertainment conglomerate Wanda, said …

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