Kenya: Coronavius, Oversupply and Reduced Spending Bring Prime Property Rents Down

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Kenya: Coronavius, Oversupply and Reduced Spending Bring Prime Property Rents Down

[Capital FM] Nairobi -- A tough economic environment due to the COVID-19 pandemic and oversupply continued to exert pressure on the residential, commercial, retail and hospitality real estate sectors, forcing prime property rents and values down, according to Knight Frank's Kenya Market Update - 1st Half 2020.

Source: allAfrica.com

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Ethiopia is in east-central Africa, bordered on the west by the Sudan, the east by Somalia and Djibouti, the south by Kenya, and the northeast by Eritrea. It has several high mountains, the highest of which is Ras Dashan at 15,158 ft (4,620 m). The Blue Nile, or Abbai, rises in the northwest and

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