Cultivating The Green Opportunity In Kenyan Real Estate - News Summed Up

Cultivating The Green Opportunity In Kenyan Real Estate


Kenya has the opportunity to set a benchmark for Africa in implementing cost-saving green technologies, as it pursues its development goals as a committed signatory of the International Climate Agreement (ICA), said the Kenya Green Building Council’s (KGBS) MadhurRamrakha. “In Kenya, green buildings can be constructed at the same or even lower cost as a conventional building as the materials used save energy by as much as 30 to 60 per cent. Strathmore, for instance, was able to save 20 per cent of its projected budget on its first green building structure – Strathmore Business School,” said John Kabuye, vice chairman Kenyan Green Building Society. As a key stakeholder at this year’s API Events’ East Africa Property Investment (EAPI) Summit on the 24th and 25th of April, the KGBS will be presenting this ‘green opportunity’ to investors, developers and the public sector. Toby Selman, CEO of Africa Logistics Properties (ALP), argues that such green building practices offer multiple business advantages, despite the initial upfront costs.


Source: The North Africa Journal February 21, 2018 12:45 UTC



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