Commercial Real Estate

Nairobi's Commercial Real Estate Market

Nairobi, Kenya's capital and economic engine, supports a diverse real estate market. The city is subdivided into various neighborhoods, each with its unique demographic profile, rental yields, and property types.

Office Space

Prime commercial districts drive demand for Class A office spaces.

  • Central Business District (CBD) - Premium Grade A offices

  • Westlands - Modern corporate headquarters

  • Upper Hill - Financial district expansion

  • Kilimani - Emerging business hub

Retail Sector

Expanding middle class fuels demand for modern retail spaces and shopping centers.

  • Two Rivers Mall - Luxury retail destination

  • Sarit Centre - Established shopping hub

  • The Hub - Karen's premium retail center

  • Neighborhood centers - Growing suburban demand

Industrial & Logistics

Strategic location and infrastructure development create opportunities in warehousing and logistics.

  • Mombasa Road - Major logistics corridor

  • Athi River - Industrial park development

  • Jomo Kenyatta International Airport vicinity

  • Standard Gauge Railway integration

Hospitality & Mixed-Use

Tourism growth and business travel drive demand for hospitality and mixed-use developments.

  • Business hotels in commercial districts

  • Serviced apartments for expatriates

  • Mixed-use developments

  • Conference and event facilities

Kenya GDP Growth Trajectory

-0.3%
2020
7.5%
2021
4.8%
2022
5.6%
2023
6.1%
2024
6.8%
2025
Year
GDP Growth Rate
Key Highlights
2020
-0.3%
COVID-19 impact; economic resilience demonstrated
2021
7.5%
Strong recovery, agriculture and services growth
2022
4.8%
Continued expansion, infrastructure investments
2023
5.6%
Diversified growth, technology sector expansion
2024
6.1%
Regional hub consolidation, increased FDI
2025
6.8%
Projected growth, AfCFTA benefits, digital economy

Super Simple 3 Step Process

Lavington and Karen

Characterized by spacious villas and gated communities, ideal for families and executives seeking luxury and privacy.

Ngong Road, Kileleshwa, and Runda

Emerging zones with ongoing developments, offering both apartments and standalone houses.

Financing & Return on Investment

Nairobi's commercial real estate market offers attractive returns through diversified financing options and strong rental yields. Strategic investments in prime locations deliver consistent income streams and long-term capital appreciation.

Expected Rental Yields: 6-9% annually | Industrial/Logistics: Up to 12%

Equity Investment

Direct property ownership with full control over investment decisions. Ideal for long-term wealth building and portfolio diversification.

Commercial Loans

Leverage opportunities through local and international banks. Competitive rates for qualified investors in prime locations.

REITs

Real Estate Investment Trusts offer liquid exposure to commercial properties with professional management and regular dividends.

Private Equity

Joint ventures and private equity funds provide access to large-scale developments and institutional-grade properties.

Get Detailed Information

View our comprehensive guide to off-plan

buying in Kenya