finance
Nairobi Developers Plan 570,000 Square Feet of New Mini-Mall Space
Nairobi is projected to complete over 570,000 square feet of mini-mall space by 2027.
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Nairobi is projected to complete over 570,000 square feet of mini-mall space by 2027 driven by demand from Gen Z for accessible neighbourhood shopping experiences.
Major retailers expanded in 2024 to 2025 with Naivas opening five new branches in Nairobi and Carrefour launching its 23rd store in GTC Mall Westlands. New entrants include China Square in Langata and Jaza Store in Chokaa and Gachie.
Average occupancy reached 85.5 per cent in FY 2025 with rental yields at 7.9 per cent in Nairobi according to the reported figures.
Sources: perplexity-sonar.
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