News - by tag What lies ahead for the real estate sector in Uganda

News by tag What lies ahead for the real estate sector in Uganda


January 5, 2019

For close to two decades, there has been talk of an increasingly vibrant and growing real estate industry in Uganda. This has been clearly evident despite the unpredictability of the Ugandan economy. 
Time and again, different real estate players have been coming on board or in some cases, individuals getting themselves involved in buying and selling of property in any part of the country.

In 2018, the sector, according to Arthur Mukembo, regional director, RE/MAX-Uganda, a real estate agency and consultancy firm, acknowledged that there was a fair performance saying that: “Business and consumer confidence considerably improved, in line with improved performance of the economy.” 
Predictions from different players in the industry indicate that the industry will mostly likely face new developments that will affect its performance both positively and negatively.

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