HOUSING DEVELOPMENT CORPORATION Investors Presentation
3 Synergies expected from the addition of nearby
Thilafushi and Gulhifalhu to HDC's portfolio
Gulhifalhu island
Thilafushi island
HOUSING
DEVELOPMENT
CORPORATION
■ A new cluster of residential, commercial and industrial real estate
developments in the greater Malé region
■ Prime location in close proximity to Malé, international airports and
Hulhumalé
■ Well connected with ferry services between Malé' to Gulhifalhu
80
No. of
leased plots
c.729k
Leased area (sqft)
M53
YEARS
5
No. of
tenants
Average
lease period
(1)
16.9/201.9
Land bank (hectares)
■ Established industrial zone comprising key industrial activities such
as boat manufacturing, cement packing, methane gas bottling and
various large scale warehousing
■High demand for industrial land in Thilafalhu due to a lack of space
for such activities in greater Malé
■Located in close proximity to Malé and Hulhumalé
366
No. of
leased plots
c.5.9m
Leased area (sqft)
M 248
No. of
tenants
16
YEARS
Average
lease period
20.7/148.7
Land bank (hectares)
With the merger, HDC will oversee the development of the Greater Malé' Region, enabling
development plans of GMIZ to be more cohesive and benefit from HDC's expertise
Source: Company information, World Bank, The Economic Times.
(1)
Post land reclamation.
(1)
18View entire presentation