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The Standard Group Plc is a
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Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Kenya has witnessed an exponential growth in mall development within the last five years. With close to six million square feet of formal retail space, Nairobi is the second largest market after South Africa.
This is a 41 per cent jump from 3.9 million square feet in 2016 and is expected to grow to 6.9 million square feet in 2020. On the other hand, prime retail rents had stagnated at Sh525 per square foot as of June 30, 2017.
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