Is Kenya’s commercial real estate ready for disruption?

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The built environment – with its fixed assets and capital intensive structural modifications – can be slow to respond to change. However, to ignore these same arguments can be at your peril. Without flexibility and a proactive response to change, the impact of disruption to investors and occupiers can be costly. Local corporates must question […]

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The changing role of the CRE team

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The evolution of data has transformed a once-reactive CRE role into a proactive, decision-influencing responsibility that can impact business performance. The availability and quality of real estate data and analytics at our disposal can be a vital factor in assisting C-suite executives to make important capital investment decisions, with an emphasis on maximising productivity and […]

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Office space leasing in Greater Lagos Island: demystifying landlords’ concessions

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The Greater Lagos Island area, covering Victoria Island and Ikoyi, is home to a host of major companies and like any node, its real estate market can be positively or negatively affected by both national economic conditions and the local market realities. On the national front, the Island real estate office market is currently experiencing […]

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The impact of an aerotropolis on industrial real estate

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Faced with a problem of significant deindustrialisation, the South African government has drawn up a plan to tackle this by setting policies and identifying special economic zones (SEZs) that will promote re-industrialisation and position South Africa as the ‘gateway to Africa’. JLL research1 illustrates how the secondary sectors have shown a downward trend in GDP […]

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Reducing real estate occupancy costs through efficient space utilisation

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Real estate and facilities represent a major expense on the profit and loss line of the budgets of corporates and often involve long term commitments. As such, in Nigeria in particular, the annual rental rate is the key unit of measurement and corporates and their appointed agents spend most of their time during lease negotiations […]

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