Senior Partner in the Commercial Employment and IPT Practice
DLA Piper Africa, Kenya
There is something about Kenyan leases for commercial properties that foreign investors and local business people alike find most intriguing: they generally have no termination clause and are invariably for a minimum period of five to six years.
This presents various difficulties for businesses and particularly non-governmental organisations which normally operate on project-specific donor-funding lasting on average, one to two years yet they are forced to enter into five-year leases with no option for termination.
