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A Shock Spreading – From Office Space to Apartments and Now to Short-Stay Properties: How USAID Cuts Have Impacted the Real Estate Market
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A Shock Spreading – From Office Space to Apartments and Now to Short-Stay Properties: How USAID Cuts Have Impacted the Real Estate Market
The effects of the United States’ decision to scale back USAID funding are rippling through Kampala’s real estate market in ways that are becoming increasingly difficult to ignore. What started as reduced demand for office space from donor-funded organisations has gradually spread into the city’s premium residential market and is now weighing on Kampala’s short-stay accommodation sector, according to two Knight Frank Uganda reports. Two Knight F…
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