Commercial office sector in Nairobi has grown rapidly in the last five years in both size and returns with newly completed office space increasing from 1.6 million square feet in 2011 to 5.4 million square feet in 2015, a 27.5 percent annualized growth.
A mix of economic factors including the growth of Kenya as a regional hub which has seen a number of global corporations set base in the country thus increase in office space demand. Some other factors that contribute to increased demand of commercial offices include the growth of professional services and SMEs who will demand more office space.
Although there is a large supply of office space in Nairobi currently, many property managers will confirm to you that high rental prices tend to keep tenants from securing the spaces. This market largely remains a buyers’ market because of the over-supply of space.
Out of the CBD offices remain more attractive than those in the CBD largely because of the parking and traffic congestion problems. The resumption of government funding by international development agencies and implementation of new government policies have at some point generate substantial economic activity which in turn have increased the effective demand of office space.
Are you in need of office space, at a conducive environment that is free of noise or distraction? A place where you pay less for more? Look no more as Dereshe Towers, located along Murang’a Road, Next to Glory Palace Hotel is the place at Ngara. They are offering Spacious, well designed offices that will suit all your office needs.
Offices at Dereshe Towers range as follows; Small ones go at as little as 35,000 shillings; medium ones are at 46,000 shillings while large ones are at 65,000 shillings. The building is strategically located about 200 meters from the main road, and about 1 kilometer from the CBD thus making it convenient for you. There is also ample parking to serve you both day and night.