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Mall Owners Rush to Get Out of the Mall Business
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Give it up to the tishas,consistency pays for real. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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Impunity wrote:Give it up to the tishas,consistency pays for real. And very very few earning a salary above 100k net To Each His Own
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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kayhara wrote:Impunity wrote:Give it up to the tishas,consistency pays for real. And very very few earning a salary above 100k net And on top of 25 days annual leave days (excluding public holidays), the tishas still have another 3 months holiday when schools close. Very nice proffesion. And by the way they don't work from 8 to 5...theres is only when they have a lesson. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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kayhara wrote:
And very very few earning a salary above 100k net
Yep. We are very lonely up here kwa six figure. 
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Rank: Member Joined: 11/15/2010 Posts: 454 Location: Nairobi
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hardwood wrote:kayhara wrote:
And very very few earning a salary above 100k net
Yep. We are very lonely up here kwa six figure. Salaried Kenyans earning above 100k net are very lonely up there. But in business world, this is not the case. Visit Gikomba, Nyamakima,Kariobangi businesses and Nairobi SlumLords and you will appreciate that six figure is pocket change to them. ....He who began a good work in you will carry it on to completion..
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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tinker wrote:hardwood wrote:kayhara wrote:
And very very few earning a salary above 100k net
Yep. We are very lonely up here kwa six figure. Salaried Kenyans earning above 100k net are very lonely up there. But in business world, this is not the case. Visit Gikomba, Nyamakima,Kariobangi businesses and Nairobi SlumLords and you will appreciate that six figure is pocket change to them. FYI 6 figure ranges from 100,000 - 999,999.
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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Quote:And on top of 25 days annual leave days (excluding public holidays), the tishas still have another 3 months holiday when schools close.
Very nice proffesion. Wait! They get leave on top of school holidays? Thought there's no leave
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Lolest! wrote:Quote:And on top of 25 days annual leave days (excluding public holidays), the tishas still have another 3 months holiday when schools close.
Very nice proffesion. Wait! They get leave on top of school holidays? Thought there's no leave Lets go back to topic of discussion. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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How are these malls doing? been a while since I visited most -Spurs (not sure) the one at ruiru -Ridgeways -The new kiambu town mall -Nakumatt embakassi -Nakumatt parklands -Was ukay building completely flattened? -is it called green span the one in donholm been there only once. -who took over the nakumatt space at village market? To Each His Own
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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https://www.businessdailyafrica.com/markets/marketnews/Increase-in-supply-now-dampens-house-prices/3815534-4868938-f8yo79z/index.htmlproperty market boom is slowly fading There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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That report is not conclusive to me In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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kayhara wrote:How are these malls doing? been a while since I visited most
-Spurs (not sure) the one at ruiru
-Ridgeways
-The new kiambu town mall
-Nakumatt embakassi
-Nakumatt parklands
-Was ukay building completely flattened?
-is it called green span the one in donholm been there only once.
-who took over the nakumatt space at village market?
Very sad state of affairs for ridgeways. Why doesn't owner just get a local supermarket as anchor tenant? They have been waiting for shoprite forever while the place decays.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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hardwood wrote:kayhara wrote:How are these malls doing? been a while since I visited most
-Spurs (not sure) the one at ruiru
-Ridgeways
-The new kiambu town mall
-Nakumatt embakassi
-Nakumatt parklands
-Was ukay building completely flattened?
-is it called green span the one in donholm been there only once.
-who took over the nakumatt space at village market?
Very sad state of affairs for ridgeways. Why doesn't owner just get a local supermarket as anchor tenant? They have been waiting for shoprite forever while the place decays. Tuskys is taking up the space Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Yet another mall.... https://www.businessdail...76204-sj1fgz/index.html
Quote:The family of late billionaire poultry farmer Nelson Muguku has opened the upmarket Sh3 billion Karen Waterfront shopping complex with South Africa’s retail giant, Game, as the anchor tenant.
David Muguku in an interview yesterday said the 200,000 square feet property occupying 13 acres of land will host the publicly listed SA retailer on the ground floor as well as chemists, fashion stores, a tyre centre, a grocery store, an art gallery with several spaces reserved for commercial banks and wellness centres.
Retail shops, restaurants, a book store and salons will sit on the upper floor with the next two phases on part of the 50 acre land reserved for development of high-end residential apartments, offices and a hotel.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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hardwood wrote:Yet another mall.... https://www.businessdail...76204-sj1fgz/index.html
Quote:The family of late billionaire poultry farmer Nelson Muguku has opened the upmarket Sh3 billion Karen Waterfront shopping complex with South Africa’s retail giant, Game, as the anchor tenant.
David Muguku in an interview yesterday said the 200,000 square feet property occupying 13 acres of land will host the publicly listed SA retailer on the ground floor as well as chemists, fashion stores, a tyre centre, a grocery store, an art gallery with several spaces reserved for commercial banks and wellness centres.
Retail shops, restaurants, a book store and salons will sit on the upper floor with the next two phases on part of the 50 acre land reserved for development of high-end residential apartments, offices and a hotel. Apparently its now a status symbol among the rich. If you dont have a mall you are nobody. Business opportunities are like buses,there's always another one coming
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