M a r k e t N e w s

Warehouse construction is the next big target

Posted on : Tuesday , 13th March 2018

 Developers are currently targeting the warehouse industry in Kenya and somehow moving away from the crowded construction of residential, retail and office space.

With the construction industry in Kenya witnessing a boom in the residential, retail and office space, developers are currently targeting the warehouse industry as a new avenue to expand.

Tilisi Developments Limited Co- CEO Kavit Shah stated in reports that there has been a slow growth in the warehousing industry in Kenya but developers have now started focusing on that direction because of the high demand that is outstripping supply.

Kenya has experienced exponential growth in various sectors of the economy and population. Yet, this has been in contrast to the slow growth of quality warehousing to support and sustain it. This has led to the country experiencing a demand that surpasses supply. 

He further explained that, this notion is however shifting with the emergence of new warehouses in Nairobi, for instance, the case of Africa Logistics Properties, which plans to develop Kenya’s first Grade-A logistics warehousing at two sites in Nairobi’s neighborhood.

Also, there is ALP North, a 50,000-square metre logistics and distribution complex consisting of three separate warehouses which sits on 22 acres Tatu Industrial Park in northern Nairobi.

Then there is ALP West, another project in Tilisi on the Nairobi-Limuru Highway which sits on a 49-acre site. It is anticipated to house a 100,000-square metre logistics and distribution warehousing complex. ALP will apply a “design, construct and manage” business model so as to retain quality in the warehouses.

According to a study by JLL– a global commercial real estate firm, the demand for industrial space in East Africa will from 2018 increase faster as compared to other countries in Africa. Additionally, the report States that the demand for industrial space in Kenya will probably grow by 5.1% per year.

Source : Bizmart
Featured Companies
  • /
  • African Business Development Association
  • TITAN Containers A/S
  • Mercury Tube Products
  • SMES Today Magazine
  • DOOREE INTERNATIONAL CO LTD
  • africabusiness.com
  • Your Banner HERE!

Complete List  

Advertisers in previous issue:

  • Specialty and Custom Chemicals Exhibition
  • Kitchen Equipment
  • Linnhoff Technologies is a German manufacturing company that produces whole range of asphalt plant
  • Home Appliances
  • Syrian Medicare chain has become a Medicare distinct to meet and achieve the increasing demands and requirements, by highlighting the latest recent developments in medical science in various fields, the event is also considered an effective marketing
  • KlipKlamp Mounts
  • Gateway to Global Food B2B Marketplace
  • Used Machinery
  • Manufacture various products ranging from open plan partition, office furniture, executive desk, office chair to multi purpose chair series.
  • SPB Technical Development Ltd., Hungary, is a privately owned company established in 1996 to design and manufacture products of information technology and of the bank sector.
  • Manufacturers of the Glory brand of paints
  • We are primarily involved in the following product range of material processing equipment: Crushing Equipment, Screening Equipment and Washing Equipment.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2018 Afrotrade