African Excellence Awards 2019

22 MEA MARKETS / 2019 African Business Excellence Awards , Luxury London Developer One Point Six Expands Into East Africa Luxury London Developer One Point Six Expands Into East Africa Londonbased luxury developerOne Point Sixhas entered into the East Africanmarket, following two successful years of operation. The business, whose residential Londonprojects have all achieved record-breaking prices, has signed its first contract to design the corporate office of Victoria Commercial Bank, one of themost respected banks inKenya. May19137 One Point Six, which was set up by Yadav Jani and Bhavnish Chandaria in 2017, takes inspiration from the ‘golden ratio’, the perfectly symmetrical relationship between two proportions. The team specialises in the meticulous refurbishment of single to multi-unit properties across prime central London, for both the open market and private clients. The expansion into East Africa is being spearheaded by Directors Yadav and Bhavnish, both of whom have backgrounds within real estate and finance in Kenya. Their contract to design the corporate offices of the Victoria Commercial Bank is the first of a number of projects planned in the region. The Victoria Commercial Bank’s new commercial office is approximately 4,000 sq.ft . of space within the vicinity of the Two Rivers Shopping Mall, East Africa’s largest mall. This One Point Six-designed office will function as a branch but will act mainly as a discrete area for the bank’s VIP clients and high-profile individuals. One Point Six will be delivering their renowned superior quality finish, providing a luxurious yet practical setting perfectly suited to the bank’s prestigious clientele. The project, though in Kenya, will be designed from One Point Six’s London office, whilst the materials will be sourced from UK and European suppliers. The team will build on their experience of delivering a bespoke design sympathetic to the character and heritage of the locality, rather than a blanket book-match design. With this in mind, One Point Six hopes to exhibit a different pedigree of finish altogether, above anything previously seen in commercial arena in Kenya. “We are now bringing our expertise to the local market in Kenya We know what high end spaces should look like and will deliver this project in a way that lives up to the One Point Six brand.” Yadav Jani, Director at One Point Six, comments; “Having completed a number of high-end interior projects in the UK, we are now bringing our expertise to the local market in Kenya. We know what high end spaces should look like and will deliver this project in a way that lives up to the One Point Six brand, as well as showcasing an entirely different level of quality to the market.” Yadav continues; “We are also speaking to other high-end developers and business owners for their residential projects. The spending power is there, especially with Kenyan locals. We are seeing people spend $180,000 on a kitchen in local furniture stores, not knowing that we can source a far superior product at a fraction of the price. We hope that people will come to us knowing that we can achieve such an international finish.” Looking ahead, One Point Six also has a number of other projects in the pipeline, including 4 residential developments. The Victoria Commercial Bank project is due for completion in late Autumn 2019.