๐Ÿ—๏ธ Construction ยท Real Estate ยท Uganda

Commercial Real Estate in Uganda 2026: Market Outlook & Investment Guide

๐Ÿ“… May 2026โฑ 6 min readโœ๏ธ Kennedy Nyabwala ยท Basket Advisory Technologies, Kampala๐Ÿ”„ Last updated: July 2026

Office Space Market Kampala 2026

AreaGradeRental Rate USD/sqm/month
CBD Kampala RoadGrade BUSD 8 โ€” 15
Nakasero UpperGrade A-BUSD 12 โ€” 20
Kololo and Nakasero HillGrade AUSD 15 โ€” 25
Bugolobi and NtindaGrade B-CUSD 8 โ€” 14

Retail Property Market

Kampala's formal retail market is anchored by Acacia Mall Kololo, Garden City Nakasero, Oasis Mall, Lugogo Mall, and Forest Mall. Retail rental rates in prime malls range from USD 15 to 40 per sqm per month for anchor tenants, and USD 25 to 60 per sqm for smaller specialty retailers.

Industrial Property โ€” Warehousing and Logistics

Demand for formal warehousing is growing rapidly โ€” driven by e-commerce growth, FMCG expansion, and oil sector logistics. Key industrial property locations: Namanve Industrial Park, Nakawa and Portbell Road corridor, Entebbe Road for cold storage, and Bweyogerere emerging industrial area east of Kampala. Warehousing rental rates: USD 3 to 8 per sqm per month depending on specification.

Investment Outlook Uganda Commercial Real Estate 2026

๐Ÿ’ฌ Planning a commercial property development in Uganda?

Basket Advisory provides project management and advisory for commercial property developers across Uganda. Want to know more? Talk to our consultant.

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About the Author
Kennedy Nyabwala
Founder ยท Basket Advisory Technologies

Kennedy Nyabwala is the founder of Basket Advisory Technologies, with extensive cross-sector experience spanning e-commerce, agribusiness, supply chain, logistics, and fintech. He works with businesses, NGOs and financial institutions across Uganda and East Africa on payroll compliance, workforce payments, credit infrastructure, and go-to-market strategy. Based in Kampala, Uganda.

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