PROPOSED DEVELOPMENT OF SERVICED APARTMENTS IN LANGATA, NAIROBI

Location: Langata

Services: Feasibility study, Financial modelling and Project Management.

Start/Completion: May 2014, ongoing

The project seeks to develop serviced apartments on the client’s 1-acre piece of land along Langata Road. There is a high demand for serviced apartments within Nairobi. The development will be in close proximity to social amenities such as schools, hospitals, malls, hotels and airports.

We conducted market research and a comprehensive feasibility study which identified serviced apartments as the highest best use for the site. Our expertise in financial modelling and business case preparation was also applied.