Office Space Market Kampala 2026
| Area | Grade | Rental Rate USD/sqm/month |
|---|---|---|
| CBD Kampala Road | Grade B | USD 8 — 15 |
| Nakasero Upper | Grade A-B | USD 12 — 20 |
| Kololo and Nakasero Hill | Grade A | USD 15 — 25 |
| Bugolobi and Ntinda | Grade B-C | USD 8 — 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 — Warehousing and Logistics
Demand for formal warehousing is growing rapidly — 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
- Increasing demand for Grade A office space from multinationals and NGOs
- Oil sector activity driving demand in Hoima, Masindi, and the Albertine region
- E-commerce growth creating demand for last-mile logistics facilities
- Diaspora investment driving residential-commercial mixed-use developments across Kampala suburbs
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