Uganda’s Real Estate Sector: Challenges, Innovation, and Growth with Bageine & Company Ltd
In this insightful interview, Shem Sabiti Bageine, Managing Director of Bageine & Company Ltd, delves into the evolving landscape of Uganda’s real estate sector, shedding light on the profound effects of the COVID-19 pandemic on the industry. He discusses how the pandemic reshaped both commercial and residential real estate, leading to shifts in tenant behaviour, demand for space, and financial pressures on landlords. Bageine highlights key trends such as the rise in mortgage uptake and condominium purchases, driven by a newfound preference for homeownership among young professionals.
He also explores the company’s flagship projects, including major commercial developments and a mixed-use complex in Kampala, while offering insights into how the company has maintained its competitive edge through trust, local expertise, and a client-first approach. Looking ahead, Bageine emphasizes the growing importance of residential properties and foresees new opportunities in Uganda’s real estate sector, despite the lingering impacts of the pandemic.
You can find the full interview here: Interview with Shem Sabiti Bageine
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