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Real Estate

Apartment blocks in Nalya Housing Estate, Kampala

Rents are down in Kampala as supply outruns demand

Property developers in Kampala's prime residential areas, especially those with newer apartments, were forced to lower rents in 2019 to stay competitive as supply overran demand, according to a new report by Knight Frank
Construction workers at a construction site

Good news for the economy as lending to real estate grows faster

Private sector credit growth improved slightly in April, showing its best year-on-year rate in 24 months, figures published by the central bank show

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