Kenya’s expanding economy has spurred the growth of its logistics property market with the economic hub of Nairobi experiencing a 15% year-on-year increase in new warehousing supply, Broll Property Intel’s latest Kenya Logistics Snapshot Report reveals.

The properties division of JSE-listed ADvTECH, Africa’s leading private education provider, has embarked on an aggressive growth and development strategy on the continent, which will see the group’s asset base expand to R6 billion by 2022.  

Demand for industrial property in Nairobi is expected to continue rising in 2017 with rental growth rate set to increase by between 8-10%, according to Broll Kenya Market Report H1 2017.