Real Estate Investor Magazine South Africa Real Estate Investor Magazine - Dec/Jan 2018 | Page 53

OFFSHORE 54 Where do we go from here? Find out how you can protect your wealth against further economic instability in South Africa 58 Aside from the usual suspects, where are the experts investing? We look at some of the lesser known investment hotspots. ALEX KYRIAKIDIS President and Managing Director Middle East and Africa, Marriott International. “The Renaissance Lagos Hotel and Marri- ott Executive Apartments will be a signifi- cant addition to our strong Nigeria portfo- lio. There is a growing need for high calibre short and extended stay lodging in Nigeria and we believe the two hotels together will help bridge this gap” ELIZABETH NKUKUU Head of Real Estate, Cytonn Invest- ments, Kenya “A key benefit of investing in RiverRun Estates is that it seeks to provide a live, work and play environment, so a resident choosing to live and work within this de- velopment will not be subjected to traffic congestion, among other challenges which are common around the CBD.” CHILUFYA LOMBE Director at Solid Green Consulting In Nigeria, we have found that energy efficiency can have a bigger impact than renewables. It is easier to build a building to consume 30 to 40% less energy than to pay to add renewable technology onto an inefficient building. SA Real Estate Investor Magazine DECEMBER 2017/JANUARY 2018 51