Spur Corporation Ltd, a South African restaurant chain, announced plans to open two additional outlets in Kenya in 2020, as part of its expansion strategy. The restaurant chain currently has 7 outlets in Kenya, which comprise of 5 steak houses, a restaurant and a pizzeria.
This is an indication of the continued expansion efforts by international retailers aimed at increasing their local foothold in the country.
The continued entry and expansion of international retail in Kenya has continued to boost the retail real estate sector through space uptake thus boosting the investors’ returns.
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