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Mall "Monarch Plaza"
Presented: Vitaflex Ltd.
Sector: Development, Commercial real estate, Retail objects
Region: CIS, Republic of Belarus
Investment amount: 32000000 USD
Projects ID: PRJ000284

ENTERPRISE AND REAL ESTATE SALES OFFERWITH
Presented: Németh Csilla
Sector: Industry, Rural economy, Food industry, Livestock farming
Region: Abroad, Hungary
Investment amount: 5700000 Еuro
Projects ID: PRJ000340

Construction of youth - student hostel
Presented: Yerevan Medical Institute after Mehrabyan
Sector: Development, Culture, Commercial real estate, Hotels, Education
Region: CIS, Republic of Armenia
Investment amount: 2500000 USD
Projects ID: PRJ000362

Heritage Property Portfolio

ID:PRJ000415 // Update: 2014-12-17 // Hits: 8694

Region:
Great Britain, Abroad
Sector:
Development
Rights holders:
Business and Diverse
Project rating:
 5 points (6564 votes)
Presentation    
Investment amount:
300 000 000 USD

Presentation aim:
Co-investment

Project description
This unique opportunity has come into the market to acquire the single largest private holdings in
the Johannesburg Central Business District (CBD) along with other properties that will bring the right
tenant mix and yield into a formidable portfolio. This portfolio will represent that which is the spirit
of what Johannesburg is all about. It is a legacy of assets and being part of something where the likes
of Gandhi and Nelson Mandela walked and worked is return on investment enough for some
individuals. Restoring these assets and improving them whilst increasing their value and quality of
tenants would indeed be both more lucrative and satisfactory. More than thirty strategic
commercial properties in Johannesburg CBD is to be structured as a single diversified and mixed
income investment pool making it the third largest property investment holding in Johannesburg.
However the assets have enormous potential to yield a far rate of return and by redeveloping these
assets there is tax incentivization and rebates offer the investor assurance of returns at higher yields.
The portfolio consists of offices, residences, residence-hotel, hotel, retail with industrial residence
and parkades. This mix ensures that income is cycle proof and weathers any possible economic
adversity ahead.
With the transport systems of the Bus Rapid Transport System and Gautrain (High Speed Rapid Rail) nearing
completion these properties are already seeing increased foot traffic. With all the improvement of
the Central Johannesburg partnership and the Johannesburg Development Agency perceived crime
is at an all time low. More than 640 close circuit television cameras and visible policing on every
corner makes these properties a safe and pleasant part of the city. Major mining houses and the four
major banks are in the CBD adjacent to some of the portfolio.

Project status
All zoning approved and project shovel ready
Key economic indicators

  1. Completion term - 6 years
  2. Breakeven term - 5 years
  3. Total profit - 200 000 000 USD
  4. Return on investment: (ROI) - 25 % per annum
  5. Net present value (NPV) - 650 000 000 USD
  6. Internal rate of return (IRR) - 12 % per annum

Corporate structure

McInnes Corporation (Pty) Ltd would be the holding company for Heritage Property Portfolio and Gilded Age Co. who would secure our own tenant sourcing and optimised cashflow structure. A Proprietary Limited Company is the equivalent of a Limited Liability Company.

Marketing information

The assets would be promoted on platforms such as MIPIM and exhibitions. Sales and tenant dirving would be a strong factor in the marketing for improving overall value

Project management

A full professional team have been appointed and have the best project management experience. A list is available to persons interested

Contact information



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