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■ Europe ■ Middle East ■ Africa ■ Asia “Casa Umusozi” Mixed Use Development Anik Nagpal, Managing Partner, Mara Capital Rwanda Investment Forum, May 11 th , 2011 Outline About the Mara Group The Real Estate Opportunity in Kigali An Introduction to “Casa Umusozi”
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■Europe ■Middle East■Africa ■Asia “Casa Umusozi” Mixed Use Development Anik Nagpal, Managing Partner, Mara Capital Rwanda Investment Forum, May 11th, 2011
Outline • About the Mara Group • The Real Estate Opportunity in Kigali • An Introduction to “Casa Umusozi” • Partnership Opportunities
Who are we? • The Mara Group has over a 100 year history in the region. • Operations span 4 continents: Europe, Middle East, Africa & Asia • The Mara Brand: • Innovation • Integrity • Seamless execution • Key strengths: • Identifying growth sectors • Forming the appropriate partnerships • Delivering turnkey solutions and services to create value • Mara Group has selected by World Economic Forum's Community of Global Growth Companies (GGC) as a dynamic, high growth company in 2010
Our Operations • Our companies operations span over multiple industries throughout Africa, Middle East and India: • Information technology: Raps and Kensington IT • Telecoms: Mara Telecoms & Quippo Raps • Retail: Exim Uganda • Manufacturing: Riley Packaging • Real estate: Kensington Real Estate – Kampala and Dubai • Hospitality: Kingdom Kampala • Financial services: Mara Financial Services & Mara Capital
Mara Real Estate Kensington Krystal Development - Dubai
Mara Real Estate Kingdom Kampala Development
Mara Real Estate Kensington Housing Development Kampala
Kigali Population Density Projected 2030 2006
Kigali’s Real Estate Potential • Diaspora remittances of USD 150 to 200 million per year • Total housing demand estimated at 25,000 to 30,000 units per annum of which 10,000 is in Kigali • Demand for other important components of real estate is strong: Hotels, hospitals, commercial office, schools, and shopping malls • Sustained GDP growth rate of 5%+ since 2002: Rwanda’s construction sector grew from USD 100M to USD 350M from 2003 to 2008
“Casa Umusozi” A Landmark Master Planned Community in the Heart of Kigali
Site location Indicative location of Project Site
Project Concept • Casa Umusozi is a Mixed-Use, Masterplanned Community Development • Total Investment is approx. USD 75 Million over 4 years • Key Components: • Affordable Housing: • Single Family Villas • Multi Family Apartment Blocks • Commercial offices • Retail – Shopping Centers with Cinema • Hospitality – 3-4 Star Hotel • Education • Health Care
The Proposed Project Master Plan Layout Multi Dwelling Apartments Offices Hospitality Commercial Retail
The Project will be implemented in Four to Six Phases and will features four types of different housing units. • 40% of the land will be dedicated to maintaining Greenspaces and the natural wetlands that exist on the Plot. • Phase One is scheduled to commence in 1Q 2011, with Masterplan approvals coming at the in 4Q 2010. • It is envisioned in the master plan that the housing unit types will be extendable ranging from 80sq.m. to 150sq.m., giving end home buyers the opportunity to afford smaller units and later on extend them once they have the necessary finance to do so.
Partnership Opportunities • Mara Capital is currently seeking DEVELOPMENT partners in the following areas: • Hotel • Shopping mall/Cinema • Education providers • Mara Capital is also seeking FINANCIAL partners – both DEBT and EQUITY Partners - on a selective basis. • Mortgage Financiers for End Users
Anik Nagpal, Managing Partner, Mara Capital • Tel: +97150 1493 163 OR +250-782-018-488 • Email: anik@mara-capital.com • Prashant Manek, Mara Financial Services • Tel: +256-754-604-922 OR + 44-774-034-7600 • Email: prashant@mara-group.com www.mara-group.com