At the core of Montave is a focus on bridging market needs to tap into new opportunities for growth.
Designed to meet clear gaps in the residential market, Montave's living is set in a context where Upper Hill,containing 32% of the commercial stock in the city,is only serviced by 0.5% of the city's residential stock.
Montave's retail offering is positioned to fuse a shopping and entertainment experience,the first of its kind on the precipice of Upper Hill and the CBD. While working at Montave allows businesses access to a world of amenities and convenience,it more importantly anchors them to the city's most prestigious address.
As the first mixed-use development within a stone's throw of the CBD, Montave's multifaceted offering allows investors to benefit from the value premium associated with mixed-use offerings in the country,often as high as 40% over single-entity projects.
WINNING ASSET CLASS
Real Estate has been a favoured assets in the Kenyan context,for historically surpassing the stock and bond markets.In 2015,real estate return on investment also significantly outperformed gold and crude oil,yielding average annual returns of 16.16% per annum (rental and capital yield) in the period 2005- 2015
As global growth bottoms out,sub-saharan Africa is emerging as the last frontier for economic growth,projected to grow at a rate of 4.1% in 2017.Of the constituent countries,Kenya is already a favoured location for numerous multinationals and NGOs with projected growth for 2017 at 6.1%,well above the regional average.
At the confluence of the CBD and Upper Hill,and with easy access from both,Montave is ideally placed to garner clientele from both the business hub and financial hub of the city.