Investor Presentaiton slide image

Investor Presentaiton

Real Estate Projects Standard Economics Commercial and residential development in Sahl Hasheesh offer highly attractive development economics Build-to-Lease With an expected payback period of just over 3 years, commercial build-to-lease projects quickly generate consistent cash flows. 2,000 143 238 Footprint designated for commercial and entertainment space • Leasing Terms: Flexible performance-based leases 115,188 m² ⚫ Lease Rates: Subject to yearly review/escalation Net Area Available for Lease 217,275 m² USD/m² Floor/Area Ratio (FAR) 1.89 Net Area Developed and Available for Lease 31,309 m² Weighted Average Construction Cost (incl. land) Weighted Average Lease Rate/Year (est.) Pay Back Period (years) $ 780 $250 3.12 600 50 55% EBITDA margin 1,113 Sales Price Land Plot Price Implied Plot Price Construction Cost Overheads EBITDA ERC/TDA Building Restrictions: 20% footprint Ground + 3 floors (sellable) Land Cost Price x 1.67 Build-to-Sell Attractive build-to-sell economics, which apply to most sub-developers, provide robust medium term returns. 26 Investor Presentation 2012 ERC Egyptian Pesorts Company
View entire presentation