Post-poll outlook points to Nairobi logistics hub boom

Imported sugar at the port of Mombasa. Quality warehouses remain scarce in the Kenyan market. PHOTO | LABAN WALLOGA | NMG

A property investments and insurance firm anticipates a logistics’ hub development boom after the August 8 polls.

Financial services firm, Britam Asset Managers, says in its post-election outlook that Nairobi is likely to welcome multi-billion shilling investments as international logistic hubs operators continue to launch operations in the region. The report says specialised wares houses (Grade A warehouses) are the most sought- after properties by multinationals who are increasingly setting bases in Kenya.

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Note: The results are not exact but very close to the actual.