Any Economic Sense?

I think the rent stated is outrageous.

Or am I being pessimistic?

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86 Thousand a Month?

Unless “jewellery” is euphemism for transparent crystals of crack cocaine.

Looks like valley arcade, is there another java other than valley arcade, hurlingham and junction

Mimi nitalipa 6,000 hiyo balance ya 80 watafute kwingine.

Jewellery kwa glass?.. in Nairobi, Kenya???..

hao ndo wanajua kuishi nairobi. wajinga ndio waliwao

It’s called forcing issues. That rent is too high to breakeven. Can’t imagine what biz one can run in that location to give you returns like that.
It would make sense if it was a high traffic area, then a snack shop would do or something where you can make lots of sale daily.

The mall glut is really sinking in this year 2018, those that aren’t complete yet must be facing horror scenarios. Now a lot of malls are hiring rental experts to review their leases pricing. The obvious bit is that rent charged must go down, what’s to be determined is by what percentage. Empty malls don’t attract shoppers. Two rivers is using its extensive CCTV camera to study on shopper footprint numbers to all shops. If your numbers are high you can’t argue rent but if genuinely your numbers are low they will either review the rent or encourage more attraction in your area to improve your numbers.

Agreed but the real issue you and I know is that our economy cannot sustain the mall culture.
We depend on a small fraction of the population to sustain the mall culture.