corporate leasing downturn

The 7.4% Suburb Standoff: Why Nairobi Landlords Are Holding Rent Steady Despite High Vacancies

The upper-middle-class residential market around the capital has hit a fascinating psychological threshold. According to the HassConsult Q1 2026 Property Index, average rents in Nairobi’s prime suburbs officially crossed the historic KSh 200,000 mark for the first time, settling at an average of KSh 201,832 per month. On paper, this bullish growth has pushed suburban rental yields in Nairobi to a record...

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