Real estate market in Kampala is attractive with average rental yields of 6.8%, 10.6% and 10.2% in residential, offcie and retail themes, repectively. In the residential sector, the upper middle income zones of Naguru, Lubowa, Ntinda have the highest returns with average rental yields of 7.4%. For commercial office, Grade A office space have the hghest returns with the average rental yields of 11.4% driven by high demand and low supply, from our sample they account for only 25% of the total office stock in Kampala.
