HOUSING DEVELOPMENT CORPORATION Investors Presentation
5 Growing recurring income base
Lease income from upcoming projects set to increase
steadily...
Commercial Spine
Tourism Island
(commercial units and tower)
HOUSING
DEVELOPMENT
CORPORATION
...with commitments from local and international anchor
tenants
Coca-Cola
.The
FISH
Manhattan
MARKE
BANK OF MALDIVES
Premium Villas
IT Park
Marina / Cruise Terminal
Financial District
Coca-Cola
Lease tenure:
15 years
Red
Red wave
Lease tenure:
25 years
The Manhanttan
Fish Market
Lease tenure:
10 years
SSONEE
HARDWARE
Sonee
Hardware
Lease tenure:
25 years
BOC
OF CEYLON
இலங்கை
Bank of
Maldives
Lease tenure:
21 years
ensis
FISHERIES PVT. LTD.
Ensis Fisheries
Lease tenure:
25 years
◆SBI
State Bank of
India
Lease tenure:
5 years
sto
State Trading
Organization
Lease tenure:
25 years
Bank of Ceylon
Lease tenure:
5 years
HDC has secured a number of large-scale companies to long-term tenancy agreements, and
continues to attract many other businesses, which will underpin the ramp-up in lease income
Source: Company information.
(1)
2020 breakdown not available, US$18m is total lease revenue.
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