@ Mosh
1. I think you are getting emotionally attached to your topic here on Sk.
2. So,take it easy and relax.
3. With my petty maths,i was trying to show you how big a joker you are,when it comes to making decisions of such magnitude.
4. With my petty maths as well,i was trying to tell you that you are making a concept which simply put is a tough one,nevertheless,its chances of success are minimal.
5. I totally agree with you on the steady flow of Y but again the Kshs 80,(i suppose is a net rent,minus service charge) is hard to comeby on Ngong road,the Hill yes bt ngong road? I doubt it. Someone somewhere in ecobank is not doing their job- they need to consult far and wide before committing themselves to your project. However,ecobank might take up that space but the other 2 floors will remain vacant for a very long time,not unless the rentals are reduced. Which again defies all logic to support the billion shillings input into your project.
6. Forces of supply and demand dictate the market,but with the going ons in the real estate,there is actually a reduced demand in this submarket,with most firms opting for owner occupation as well as cutting down on operational costs,the uptake of this building might take time.
7. I dont have any personal vendetta against architects,but i suppose you are not one of them,they convince their clients of some design concepts which are out of this world,exceptionally good. But when you put the bricks and mortar together and the building is up and running,several letting,operational,management,maintainance issues among others crop up and in 5 years time the running costs of such buildings exceeds the initial capital outlay.