Investor Presentaiton
Haifa Seafront RE Development details
S No
Category
Type of Development
Hotel 4 Star
Area sqm
Proposition
10900
150 rooms 4 Star seafront hotel
1
Hospitality
-
Hotel 3 Star
11700
200 rooms 3 Star seafront hotel
F&B
8000
•
2
F&B
Sarona marketplace
10700
Premium seafront retail area led by international brands across lifestyle categories
F&B oriented marketplace enclosed in a rustic shell
Multiplex
3400
.
1400 seat with 7 screens
Aquarium
11300
World class concept - strong magnet for Families & kids
3
Family Entertainment
Lego land
2600
•
Popular attraction for children and parents
Rainforest café
3000
•
VR
2400
Themed restaurant which can attract tourists and city population
Dynamic interactive tech heavy spaces suited for the youth
4
Youth Entertainment
Night club
2400
.
Hardrock café or similar
Renovated office
16500
Existing buildings renovation
5
Office
Customs office
9253
.
Customs office renovated can be used for private players in future
6 Commercial mix
Passenger terminal
29300
Duty free + Retail + F&B + Office
7
Shopping
Retail
15000
Premium seafront retail area led by international brands across lifestyle categories for
tourists and city dwellers
Total
136453
Revenue assumptions
Capex assumptions:
Segment
UOM
Range*
Capex varies from 2000* NIS/sqm to 7500* NIS/sqm based on
Hotel
NIS ARR/night
600-750
type of the development; and
-
Also, whether it relates to renovation, temporary or new
development
Restaurants (Seafront)
Duty free
NIS/Sqm pm
200-260
NIS/Sqm pm
200-260
Shops Seafront
Office
Logistics space
Open space
NIS/Sqm pm
100-130
NIS/Sqm pm
55-75
NIS/Sqm pm
40-55
NIS/Sqm pm
12-17
adani
Ports and
Logistics
* Rates provided by a local Consultant based on data from CBRE Israel team and the current market analysis
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