Over the past decade, many of Harare's larger employers have moved their offices from the central business district to suburban parks in the north of the city.
Developers say the reasons are practical: secure parking, backup power, borehole water and space for modern open-plan offices.
“A tenant today asks three questions before they ask about rent: power, water and parking.”
— Vimbai Chinyanga, CEO, Kariba Heights Properties
Kariba Heights Properties has launched the second phase of its northern office park, with shared solar and water systems.
The Leader Lens
Where this leads
Executive analysis for decision-makers and capital allocators.
- Opportunity
- Facilities management, backup power and fit-out services for suburban offices.
- Risk
- Vacancies in older CBD buildings and pressure on suburban roads.
- What to watch
- Conversions of CBD offices into residential or mixed use.