According to the Fortune Report released by Knight Frank on May 18th, Kenya and South Africa have further consolidated their positions as leading investment destinations in Africa. Despite facing economic challenges such as inflation and currency depreciation, which have prompted investors to weigh their investment choices in both local and international markets, they have still made the aforementioned decisions. This provides a strategic path for economic recovery and growth. The World Bank points out that as of January 2025, Kenya's inflation rate has reached 5.1%. Despite the increasing attractiveness of the international market, Kenya remains a hot spot for commercial real estate investment. Currently, major cities in Kenya such as Nairobi, Mombasa, Eldoret, and Kisumu are experiencing rapid urban expansion. The demand for office space, retail centers, and industrial real estate in these cities has reached a historical high. The report from Knight Frank also shows that improvements in road networks, transportation systems, and public utilities have increased the accessibility and value of properties.
