Hospitals expansion offers property developers new stream of income

Mr Rashid Khalani, CEO of Aga Khan University Hospital.  

Photo credit: File | Billy Ogada | Nation Media Group

An increase of hospital outlets in Nairobi estates and small towns has handed real estate firms struggling to find stable anchor tenants a new lifeline.

High-end hospitals are increasingly taking up sizeable floor space in buildings that have been battling market glut in the past three years, as commercial residents scale down or vacate the spaces.

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