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How to attract high-end commercial tenants
Pacis Centre along Nairobi’s Waiyaki Way. Design and space are among features multinationals look for in commercial buildings when they are leasing. FILE
Last year, I met a property investor who had just completed building his commercial office block in Westlands. At the time, the interest rate on loans had gone up forcing most developers to consider putting up for sale part of their units to be able to repay loans that were in millions of shillings.
But for this investor, the intention of putting up the commercial building was to net the hefty income from international tenants and in no way was he going to put any of his office blocks up for sale.
