Commercial rent on the rise

Rwanda’s commercial rents are on the ascendancy with occupancy levels in Kigali city increasing, a property agent has said.“Indeed, prices are going up but some of these places are overpriced, with the pick at $26 (Rwf15,530) per square meter,” Charles Haba, a property agent, said in an interview, citing places like the Union Trade Centre in the CBD where tenants have to dig deep into their pockets.
Insurance Plaza. One of the projects expected to bridge the shortage of commercial buildings in kigali. (File photo)
Insurance Plaza. One of the projects expected to bridge the shortage of commercial buildings in kigali. (File photo)
Times Reporter