East Africa offering
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Feasibility study & operator selection for Rakam Investment Ltd.JLL attracted interest from international operators and secured a competitive hotel management agreement for Rakam Investment Ltd with Mantis, a leading conservation-focused hotel brand, under Accor’s management leading to the signing of the first Mantis property in Kenya.
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Valuation of Nobelia Tower, a planned signature green building for Habi Ltd in Kigali.JLL provided valuation advisory services for Nobelia Tower, an A-grade mixed-use development with a 6 Star GBCSA design rating. Research demonstrated that higher rental with lower maintenance costs could be achieved through the sustainable design features and that additional land value could be unlocked.
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JLL supports Microsoft East Africa to acquire a Lease for its new Research and Design Unit in Nairobi.JLL undertook the entire process of evaluation and qualitative assessment shortlisting and RFP in a competitive procurement process for this facility on Microsofts behalf. Competitive negotiations with the final two landlords resulted in a 10% discount and beneficial terms in the Heads of Agreement lease signed.
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Review of the Vipingo Lifestyle City master plan for Athena Properties in Mombasa.JLL assessed the market and commercial opportunities including development advisory recommendations and an investment analysis for this project. Different residential products were proposed to be developed simultaneously, from affordable apartments to high-end villas, and the first phase of the project, 1255 Palm Ridge has been completed.
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