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Prestige’s commercial space draws top brands

Investing in off-plan commercial spaces presents a strategic opportunity for both potential buyers and property developers, offering numerous advantages. This investment strategy becomes particularly attractive when considering high-end mixed-use residential properties near major airports, such as Accra’s Kotoka International Airport.

Such developments provide a unique opportunity for investors to capitalize on the increasing demand for luxury living combined with exclusive shopping experiences. Notably, purchasing off-plan commercial spaces within upscale properties like Prestige offers significant benefits, particularly in attracting high-end designer brands as tenants.

One of the primary reasons to consider off-plan commercial space investment is the substantial return on investment. By purchasing a commercial unit before its completion, buyers often secure a lower price compared to the market value post-development. This initial investment allows investors to benefit from property appreciation over time, resulting in increased capital growth. Furthermore, high-end designer brands are willing to pay a premium for prime retail space in prestigious locations, significantly enhancing rental yields and overall profitability.

For world-class brands, purchasing off-plan commercial spaces also provides a level of flexibility and customization. Brands that secure commercial space within Prestige, developed by i2 Development in the Kotoka International Airport enclave, have the opportunity to tailor the design and layout to their specific needs and preferences. This customization is particularly appealing to high-end designer brands that prioritize creating unique and immersive retail experiences. The development offers over 20,000 square meters of commercial space across four well-designed floors.

By providing commercial spaces curated to meet luxury retailers’ demands, Prestige by i2 Development has attracted premium tenants, adding significant value to the overall property portfolio. Picture living in a bespoke apartment within Prestige and having access just a few floors below to world-renowned fashion brands like Christian Louboutin, Versace, Dolce & Gabbana, Ferragamo, and Giuseppe Zanotti, all stocked by Savile Row, one of Ghana’s finest authentic brand shops. Savile Row has become one of the first to acquire a commercial space at Prestige.

Picture living few floors above world-renowned fashion brands like Christian Louboutin, Versace, Dolce & Gabbana, Ferragamo, and Giuseppe Zanotti

The synergy between commercial and residential spaces fosters a vibrant and dynamic community that enhances a luxurious lifestyle. Residents of these exclusive properties enjoy convenient access to premium retail outlets, luxury boutiques, and upscale dining establishments, improving their overall living experience. The symbiotic relationship between commercial tenants and residential occupants within mixed-use properties creates a sense of cohesion and synergy. Luxury retailers benefit from a captive audience of affluent residents who appreciate convenience and premium offerings, while residents enjoy having world-class amenities and services at their doorstep.

Youssef Aitour, Co-founder and Managing Director of i2 Development, notes that the presence of high-end designer brands within the development adds a sense of exclusivity and prestige, further elevating the property’s desirability and value. Investing in off-plan commercial spaces within high-end mixed-use residential properties near major airports in Africa presents a lucrative opportunity for savvy investors seeking to capitalize on this growing market.

The Prestige project’s exclusive location, just a minute’s walk from Kotoka International Airport’s Terminal 3, ensures that the best of Accra’s leisure and business offerings are within easy reach. With attention to detail, the project is set to cater to ultimate luxury living, whether one opts for a studio, a one or two-bedroom apartment, or a penthouse.

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