Massive Two Rivers mall in Nairobi aggressively conquers East & Central Africa shopping experience

Massive Two Rivers mall in Nairobi aggressively conquers East & Central Africa shopping experience

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wako wapi wale jamaa waliojaza mharo hapa kwa huu uzi wakijaribu kucompare na kile kimall sijui kinajiita milimani ama rock city.always playing the catch up game and they still fail miserable at it
 
Mmeanza kuwashwa malizeni hizo verse za taarabu zenu ila hatuwatak kabisa achen kujikomba
 
Samm999 said:
Kuto pata masomo kweli ni kero kuu kwa WATZ kila mtu layman - - - Kenya is miles ahead of you kila sector!!!!!!!

Lakini CCM inawapa propaganda kuu.... Mnainywea tuu bila kubisha!!!!

Nendeni mkatiliwe vijiweni miguu za kuku!!!


www.oxfordbusinessgroup.com/news/kenya’s-retail-sector-ranks-second-most-formalised-Africa

Kenya’s retail sector ranks as second-most formalised in Africa
KenyaRetail Economic News Update
12 Feb 2016
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Increasing urbanisation and rising levels of disposable income should fuel growth in Kenya’s retail sector in 2016 and beyond, as demand for quality outlets and a broader range of shopping options drives the construction of floor space.
Over the past five years, the average value of consumer spending has risen by as much as 67%, making Kenya the continent’s fastest-growing retail market.
With increased urbanisation and an ongoing rise in disposable incomes, formal retail activity – which is led by large blue-chip domestic companies in a number of segments – should continue to expand and diversify, especially as more international brands enter the marketplace.
Demographics of demand
The rise in formal retail activity can be seen most clearly by the expansion of dedicated property in major urban areas, including the country’s 3.5m-person capital city. Last year alone saw a near tripling of Nairobi’s modern retail space, with close to 170,000 sq metres of new leasable area coming on-line.
The rise in capital investment – combined with encouraging fundamentals, such as an urban population that the UN expects will rise by 2.8m over the next five years to reach 14.7m by 2020 – has led to the country being singled out as a hot prospect in several recent publications.
In its 2016 “Global Cities” report, for example, real estate consultancy Knight Frank predicts the Kenyan retail sector’s positive momentum will continue over the next two years. “In 2016 and 2017, a further [120,750 sq metres] of modern retail space will complete development in Nairobi,” the report said.
Online real estate platform Lamudi, part of Germany’s Rocket Internet, has also tapped Nairobi as one of the world’s fastest-growing real estate markets this year, with particular mention of the prospects for commercial and retail real estate, which it says will benefit from a rise in white-collar professionals.
Formal market expansion
In comparison to other African markets, Kenya’s formal retail penetration rate – which ranges from 30% to 40%, according to analysts – is the second highest in sub-Saharan Africa. This places the country at roughly half the level of South Africa, where formal retail is estimated to stand at 60% of overall activity, but twice that of Nigeria, Africa’s largest economy.
At least some of this potential is likely to be unlocked by the expansion of retail hubs into rural areas and cities outside of Nairobi, reducing the distance shoppers have to travel to access large shopping outlets.
While much of Kenya’s formal retail capacity is concentrated in central Nairobi and the port city of Mombasa, there has been growing development of formal space in cities such as Kisumu and Eldoret in recent years, with potential for even wider diversification in the future.
This is being driven in large part by the devolution process, which has led to higher incomes in counties outside the capital, and consequently to a significant increase in investor interest in developing retail centres in these areas.
In Kisumu, Kenya’s third-largest city, three new shopping malls opened in the twelve months to November 2015, bringing the total in the city to seven. One of the three new centres, the 27,000-sq-metre Lake Basin Mall, was developed at a cost of KSh2.5bn ($24.5m) and now stands as the largest mall in the region, according to developers.
Existing shopping centres in Kisumu are also being expanded to accommodate growing demand. The Mega Plaza Mall, which opened in 1996, is adding an additional 10 storeys, while the Mega City Mall is also undergoing expansion.
Meanwhile, in Eldoret, a second Buffalo Mall – following on the successful launch of the first Buffalo Mall in Naivasha in 2014 – is currently being built. The 14,250-sq-metre shopping centre, located on the outskirts of the city, plans to open in 2017.
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Waaaooo.... Outstanding..... So why do you want Tanzanian land? You kenyans u always give statistics about ur economy but you dnt give abt level of poverty and the gap btn poor and rich..... The rank is too biased because it considers GDP, lets use welfare economics to rank on ur economy level.....
 
Samm999 said:
Garden City mall is 52,000m²

Rock City mall Mwanza is 30,000m²

Garden City mall is soon to be the 3rd largest mall in Kenya

Two rivers is 75,000m² ikimalizwa itakuwa a city within a city wamejaza blah blah mingi tu hapa!!
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So what is the benefit of having large malls?
 
Kipwinto fukufuku said:
So what is the benefit of having large malls?
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Hii ni benefits za customer
10 Benefits Of Shopping At Malls

kuna list ya benefits za economy, manufatures, wakulima wa kuuza fresh produce, biashara ya taxi, pia kukiwa na mall familia nyingi h huhamia hapo, hii inaanza ku create community, ambayo inakua market ya kivyake, shule zinabidi ziongezwe ama zipanuliwe kwasababu wakaazi wanaongezeka, wanaofanya kazi kwa mall pia watatafuta nyumba zaku kodi karibu na mall, kampuni ya stima inabidi ijikakamue hil lo eneo lisiwahi poteza stima, usalama unaongezeka




alafu kuna upande wa kibiashara, ulipaji wa kodi kwa serikali unaongezeka, wakulima wa ku supply fresh produce wanatajirika,manufacturers wanapata market kubwa na reliable kuuza bidhaa...

..


maisha ya watu yanazidi kuboreka
 
Tz kuna mabillionaire wawili Kenya hamna ata mmoja hii nayo ni heshima ... mda mwingne tuheshimiane .....tusichukukiane poa
 
Painful truth,Am just curious hivi hawa wawekezaji wanaokuja kwetu in third grade?
How comes ile prime land ya mlimani inaisha kwa kujengwa godown tu na si mall kama hizi za wenzetu? kwa ile investment ya mlimani ni bora ile Mkuki house mall very classy na state of the art kuliko hizo godawn za mlimani.
 
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