Where do asset management occupiers lease office space in Nairobi?

Most cluster in Westlands. Rent runs ~1300 KES/sqft ($11 USD) for trophy and prime stock.

What fit-out spec do asset management occupiers run in Nairobi?

Typically trophy at $16000–24000/sqft.

How much office space per seat should a asset management occupier plan in Nairobi?

Plan ~230 sqft per seat blended. A 100-person team typically takes 23,000 sqft.

What NAICS codes describe the asset management vertical?

Representative NAICS 2022 codes: 523930, 523920.

What is the talent index in Nairobi?

72/100. Use the city profile for full detail.

Asset management occupiers in Nairobi typically cluster in Westlands, plan ~230 sqft per seat at trophy fit-out ($16000–24000/sqft), and pay around 1300 KES/sqft ($11 USD) on Class A.

Preferred submarket: Westlands.
Typical fit-out spec: Trophy ($16000–24000/sqft).
Plan ~230 sqft per seat for headcount sizing.
Class A rent context: 1300 KES/sqft ($11 USD).
Typical lease: 5 years with 6 months rent-free.
Talent depth in Nairobi: 72/100.

Asset management office space in Nairobi

Asset management occupiers in Nairobi typically cluster in Westlands, plan ~230 sqft per seat at trophy fit-out">fit-out ($16000–24000/sqft), and pay around 1300 KES/sqft ($11 USD) on Class A.

TL;DR

Preferred submarket: Westlands.
Typical fit-out spec: Trophy ($16000–24000/sqft).
Plan ~230 sqft per seat for headcount sizing.
Class A rent context: 1300 KES/sqft ($11 USD).
Typical lease: 5 years with 6 months rent-free.
Talent depth in Nairobi: 72/100.

Where they cluster

Asset management occupiers in Nairobi typically anchor in Westlands. Tech (Safaricom-adjacent), banking, multinational HQs, professional services.

What they pay

Class A rent in Nairobi runs 1300 KES/sqft ($11 USD) on a 5-year lease with 6 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical asset management fit-out targets trophy specification at $16000–24000/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.

Headcount sizing

Plan around 230 sqft per seat blended (workstation + circulation + amenity). A 100-headcount asset mgmt office in Nairobi typically targets 23,000 sqft of leasable area.

Talent angle

Portfolio teams cluster around private-banking corridors; family-office tenancy keeps boutique trophy stock tight. Deep mobile money / fintech, NGO, and African operations talent. Strong English and Swahili bilingual professional base. Strong feed from University of Nairobi, Strathmore, and JKUAT.

Tax and lease context

Headline corporate tax: 30%. Net leases. 5-6 year terms with escalation clauses. Free rent of 4-8 months and TI of KES 4,000-7,000/sqm typical.

Key facts

city	Nairobi
industry	Asset management
naics	523930, 523920
preferredSubmarket	Westlands
preferredFitoutSpec	Trophy
fitoutBand	$16000–24000/sqft
sqftPerSeat	230
classARentLocal	1300 KES/sqft/yr
classARentUsd	$11/sqft/yr
vacancyPct	21.4%
typicalLeaseYears	5
typicalRentFreeMonths	6
talentIndex	72
corporateTaxPct	30%

Frequently asked questions

Where do asset management occupiers lease office space in Nairobi?: Most cluster in Westlands. Rent runs ~1300 KES/sqft ($11 USD) for trophy and prime stock.
What fit-out spec do asset management occupiers run in Nairobi?: Typically trophy at $16000–24000/sqft.
How much office space per seat should a asset management occupier plan in Nairobi?: Plan ~230 sqft per seat blended. A 100-person team typically takes 23,000 sqft.
What NAICS codes describe the asset management vertical?: Representative NAICS 2022 codes: 523930, 523920.
What is the talent index in Nairobi?: 72/100. Use the city profile for full detail.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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