Graham Reed - Centum

7/29/2019 Graham Reed - Centum

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The Pearl Marina Development

Entebbe, Uganda

April 2013


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Pearl Marina

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Pearl Marina development, a 300 acre prime property on

the Garuga Peninsula, is owned by Pearl Marina EstatesLimited, a member of Centum Investment Groupwww.centum.co.ke

The property will be developed as a premium integratedwater front destination and resort town and a premierUganda tourism asset.

Through trade, investment and the creation of thousandsof employment opportunities in construction, real estateand tourism, the development will make a significantcontribution to socioeconomic development in theregion

The development provides premium tourism andresidential facilities including hotels, conference

facilities, luxury apartments, villas, a golf course,marinas, hospital, international school, modern officepark and a retail centre

The development is scheduled to break ground in Q2-2014


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Centum

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Project Backing

Centum Investment Company Limited is the largest listed private equity companyin Eastern Africa

Vision

To be Africas foremost investment channel

Assets Under Management

Over USD 250 million

Credit Rating

Long term rating A-(KE)*

Business Lines

Private Equity, Quoted Private Equity and Real Estate & Infrastructure

Portfolio Companies

These include blue chip companies such as Coca Cola bottling companies, UAPGroup, Aon, NAS Servair, Kenya Wine Agencies and General Motors East Africa.

*Global Credit Rating Co - www.centum.co.ke


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Pearl Marina Vision

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Pearl Marina, a premium integratedworld-class waterfront destinationaddress, recognized as the number onetourism destination in East Africa andbeyond will:

Attract a diverse group of visitorsand residents

Optimize spend in the commercialand leisure developments

Serve the needs of a diverse groupof people

Optimize and build value from theunique Island-lake setting bycreating a modern lifestyle

Ugandan

Investors

Diaspora


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Master Plan

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The development will integrate:hotels, conference facilities,residential apartments, villas,golf course, marina, hospital,international school, modernoffice park and a retail centre

The total built up area is

650,000 M when completed


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Location

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Connected to Entebbe-Kampala via Garuga road

Close proximity to Entebbe airport

10 km East of Entebbe and 20 km to Kampala

Set on partially developed peninsula that hasshoreline on Lake Victoria

Linked to both Kampala and Entebbe by LakeVictoria


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Project Status

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Completed

Significant Progress

Milestones

Land acquisition

Market research

Transport Impact

Assessment

Master planApproval byWakiso Council

EngineeringFeasibilityreports

NEMA Approval

Water Abstraction permit Ground breaking in Q22014


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Social-Economic Benefits

The development will create numerous opportunities for investments in:

Social facilities (school and hospitals) Hotel, marina, golf course and promoting Uganda as a tourism destination

Create numerous employment opportunities in real estate and tourism related activities.

Promote fishing by setting up a fish market as part of phase 1 development

Promote tourism and increase tourist spend

Increase foreign direct investment

Increase supply of housing units and infrastructure development

The development represents an investment of US$99,531,004 in phase One and US$ 901,691,117when complete, with significant positive impact to Ugandas GDP


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Marina Concept

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The marina will offer:

1. Ferry terminal2. Water sports3. Boat services

Market Research

The distinctive attractionof Uganda as a touristdestination arises out ofthe variety of its gamestock and its unspoiltscenic beauty, substantialnatural resources for

tourism(Fernridge

Consultants,2012)


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Beach Concept

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The beach will comprise:

Private beach Public beach


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Hotel resort Concept

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The hotel will offer:

Conference facilities Accommodation

Market Research

A good level of occupancy ofbetween 60% to 70% wasrecorded at most of theprominent hotels and resorts.We are of the opinion that

conference facilities should

be included in Pearl Marina

development(Fernridge Consultants,

2012)


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Golf Course Concept

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A unique world class 9 holegolf course designed by GolfData

Market Research

The entire development willact as a regional destinationand the proposed golf coursewill generate synergy for theother uses

( FernridgeConsultants,2012)


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Luxury Apartment Concept

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The apartments will offer:

Breath taking sceneriesoverlooking the golfcourse


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The Development Team

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Pearl Marina Estates Limited

Developer

Athena Properties Ltd

Development & Project Managers

GAPP

Urban Planners

YMR

Quantity Surveyors

New Plan

MEP Engineers

BOGGERTMANArchitects

FERNRIDGEMarket Consultants

WSPEngineers

5th DimensionArchitects


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Centum Investment Company Ltd.International House,5th Flr. Mama Ngina St.PO Box 10518-00100Nairobi, Kenya

Tel +254 20 316303Mobile +254 722 205339Fax +254 20 223223Email [email protected]

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