property investment in zimbabwe
DESCRIPTION
A presentation by SBT Juul on property investment in Zimbabwe, presented at the 2014 Imara Investor Conference in Harare, Zimbabwe.TRANSCRIPT
1Copyright© SBTJUUL AFRICA 2013
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B R I T I S H C O N S T R U C T I O N I N D U S T R Y I N T E R N A T I O N A L W I N N E R
S B T J U U L A F R I C A I N T E R N A T I O N A L D E V E L O P E R S VISION TO REALITY T: +27 11 883 9667 I F : +27 11 884 9103 I E : [email protected] I WWW.SBTJUUL.CO.ZA
P R O P E R T Y I N V E S T M E N T I N Z I M B A B W E
D O I N G G O D I N A F R I C A
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Botswana . Maurit ius . Mozambique . Nigeria . South Africa . United Kingdom . Zimbabwe
Introducing - Trevor Juul
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Trevor Juul Business Entrepreneur
1. Zimbabwe born Founder & Principal Owner of SBT Juul Africa,
2. 29 yrs executive & operating experience across sub‐Saharan Africa,involved in the development of over 300 projects in 15 Africancountries.
3. Holds various positions on Trusts International Companies andNational Organisations
4. Led teams that have won over ten International design anddevelopmen t compe o ns including the pres giou s interna o nalconstruc on industry award for the Angwa centre 2001
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TREVOR DAVID JUULBusiness Relationship with Zimbabwe dates back over 30 years
THEN: Constructed various development projects in the hospitality, office. healthcare, residential, commercial, retail, indiutrial and entertainment industries.
TODAY: The country is poised for the development of required resources and create an enabling environment for the growth of property and Infrustructure development.
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Botswana . Maurit ius . Mozambique . Nigeria . South Africa . United Kingdom . Zimbabwe
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Vision to Reality - SBT Juul
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Introducing SBT Juul AfricaA PAN AFRICAN INTERNATIONAL PROPERTY & INFRASTRUCTURE
DEVELOPMENT COMPANY
s u s t a i n i n g t h e f l o w o f i n n o v a t i o n
OPERATIONS IN:
Angola, Botswana, Burundi, Congo, Ethiopia, Ghana, Kenya, Lesotho, Malawi, Mauritius, Mozambique, Nigeria, South Africa, Sudan, Swaziland, Tanzania, Uganda, United Kingdom, Zambia, Zimbabwe
Registered offices in 7 countries
A 40‐year track record with over 300 projects in 15 countries in the past 25 years
Strategic Alliances & Global Network
Serious about investing in Zimbabwe
A proud track record of successful developments in Zimbabwe.
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Vision to Reality SBT Juul AfricaCONSTRUCTION INDUSTRY AWARDS INTERNATIONAL WINNER
c r e a t i n g i c o n i c d e v e l o p m e n t s
• International Developers
• Projects Development
• Architecture & Planning
• Space Planning and Interior Design
• Project, Facilities, Development & Construction Management
• Architect Development Managed (ADM) Design & Construct
• Construction Management and Engeneering
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FLAGSHIP - ANGWA CENTRE (HARARE)
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Our Core Competency Delivers
s u s t a i n i n g t h e f l o w o f i n n o v a t i o n
INVESTORSProject Investment
ADM/ SBT JUULSkills + Technology
CREATING OPPORTUNITY
BANKABLEPROJECT, IPO
Making It happen
…Benefit!
NETWORK INTELLIGENCE• Strategic Partnering• Project Structuring• Financial Viability• Funding Mobilisation • International Tenants• IPO listing of project
BUILDING TECHNOLOGY• Design, Research and Development• Innovative Architectural and Engineering Solutions• Advanced Technology Development Delivery Systems
PROJECT DEVELOPMENT• Structuring the Development
Project• Consortia Development
Management Design and Construct• Structured Fixed Price Turnkey
Construction Management Project
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Making it Happen
What our clients and partners enjoy:1. Strategic foresight into development trends 2. Winning projects before they happen 3. Partnering in profitable development success
InceptionOpportunity
Parameter analysis
Concept formulation
ProjectDevelopment
ImplementationManagement
Development solutions are based on our unique core competency, A proven open‐book work method and… a track record of success!
Innovative business principles apply throughout the entire process
Outline of the Development Process
C O M M U N I C A T I O N I S K E Y
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Opportunity
•Strategic Insight
Contractormanages
project•Ground-works
Commence
Definespecs up to60%•Funding Approved
Estimate Value•Investment Feedback
DevelopConcept•Situation Analysis
Investors, Developers & ContractorsIdentified
ConstructionTeam Input
Define Strategic Intent
DevelopmentApproval
Program Agreed
EnablingWorks
Phase One Complete
Structuredfixed price+/- 10%.Phase Two Contract Signed
Contractorfinalizes
fixed price•Main Contract Agreed
Phase 2
Our unique advantage: ADM manages the development process to generate competitive success
IMPLEMENT PROJECTON OPEN-BOOK
PARTNERING BASISDELIVERING BANKABLE PROJECTS
Phase 3
Phase 1
ContractorLeads team•Information Completed
ADM Model in the Development Process
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EMPOWERMENT
• Local Community Groups
• Pension Funds
• Others
PROPCO SPV
EQUITY INVESTORS
OPCO SPV DEVCO SPV FINANCE
Infrastructure Management
Hotel Management
Facilities Management
Property Management
Development Consultants
Construction
Seed Capital
Equity – State
Equity – Private investors
Export Credit – Debt
Management Contract Securities
Development Rights
LEASECOSPV
Long Term Lease
Special Purpose Vehicle StructureBR
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SBTJ Vision – Document Management System
Online 24/7.
Version control.
Fast, Reliable, Secure.
Access from any internet enabled PC.
Project Information providing control
Project Information Database
VISION To become Africa’s foremost infrastructure, housing & development Company by any criteria or measure.
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Auto desk – Juul Revit
Autodesk® AutoCAD® JUUL Revit® Series
Juul Revit is a customised design and construction documentation solution.It combines AutoCAD® software‐based documentation productivity with the competitive advantages of building information modelling. Improve productivity, accuracy, and coordination between mechanical, electrical, and plumbing engineering design teams, as well as with architects and structural engineers
C O M M U N I C A T I O N I S K E Y
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Group Expertises
s u s t a i n i n g t h e f l o w o f i n n o v a t i o n
Has significant international experience combined withgood local knowledge of working throughout Africa. It offersa comprehensive range of services and competitivesolutions for projects from inception through to completionconsidering capital and whole life costs. Core business skillsof Main Contracting, Engineering, Infrastructure, ProjectConstruction Management and Cost Management.
A leading firm of International Consulting Engineers, ProjectManagers and Surveyors providing a dynamic, freshapproach to traditional advice and design services. It’s headoffice is in the United Kingdom and overseas operations inDubai, Nigeria, Russia, Ukraine and Qatar.
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Clients & Affiliates
OPERATORS & BANKS CONTRACTORS CONSULTANTS
GOVERNMENTS
South Africa
Zimbabwe
Botswana
Nigeria
Mozambique
Mauritius
Tanzania
Malawi
SUSTAINABLE BANKABLE PROJECTS
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Botswana . Maurit ius . Mozambique . Nigeria . South Africa . United Kingdom . Zimbabwe
Some Select ProjectsBR
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OFFICIAL OPENING AND PROFESSIONAL GOLF TOURNAMENT
Our Flagship Project
Mount Meru Hotel – Tanzania
•200 bedroom 5 Star Hotel•Conference facilities•18 Hole Golf Course
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OFFICIAL OPENING AND PROFESSIONAL GOLF TOURNAMENT
Our Flagship Project
Le Meridian Hotel Golf Resort – Nigeria
•5 Star ‐ 180 Bed Hotel•18 Hole International Golf Course•1000 seater conference facilities•16 Presidential Golf course villas•Gymnasium & Spa, Waterfront Marina•Sports Centre. Helicopter landing facilities•Infrastructure 10km dual carriageway road•Water, sewage infrastructure, Independent power project
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DELIVERING BANKABLE PROJECTS
Southampton Life Centre – Harare
Zimbabwe Project
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Gweru Regional Post Office
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DELIVERING BANKABLE PROJECTS
Zimbabwe Project
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DELIVERING BANKABLE PROJECTS
Zimbabwe Project
Leopard Rock 5 Star Casino Golf Resort Hotel
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flagship Projects
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I N T E R N A T I O N A L D E V E L O P M E N T B U S I N E S S
Angwa Centre ‐ Zimbabwe
• Winner of the 2001 International Construction Industry Award
• 36,000sqm in CBD • 18 Floor Office & 16,000sqm Retail Block• 3 subterranean parking levels
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Botswana . Maurit ius . Mozambique . Nigeria . South Africa . United Kingdom . Zimbabwe
Zimbabwe an Investment DestinationBR
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Factors Making Zimbabwe AttractiveREALISE & CREATE ADDED ASSET VALUE THROUGH PARTNERING
c r e a t i n g i c o n i c d e v e l o p m e n t s
1. Strategically located, a hub for development in the Southern AfricanRegion
2. Regional logistics hub supported by infrastructure such as railways,roads, a power grid, and telecommunications.
3. Abundant natural resources, large deposits of commerciallyexploitable minerals creating a demand for infrastructure.
4. Well diversified economy with the principal sectors beingmanufacturing, services, agriculture, mining, and tourism.
5. Highly skilled workers and highest literacy rates in Africa.
6. Positive political & legislative reforms, that guarantees governmentasset protection with regards to foreign‐owned investments inproperty which can be 100% owned.
7. Foreign individuals and companies can acquire and registerproperty.
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24Copyright© SBTJUUL AFRICA 2013SBT Juul Africa
SBTJA will develop infrastructure resources that would benefit the country and add value to its people by :
• Create a structure for incoming and local investment in propery development to accelerate GDP
• Creating specific vehicles with a network of skills and expertise for investment and development.
• Transferring knowledge and property development know how to the property investment market.
• Establishing a truly proactive partnership to drive development whose benefit can be realized.
• Identify and create bankable projects that will stimulate and be a catalyst for growth in property and infrastructure development.
Our Mission - Zimbabwe InfrastructureREALISE & CREATE ADDED ASSET VALUE THROUGH PARTNERING
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Partnering for Sustainable DevelopmentREALISE & CREATE ADDED ASSET VALUE THROUGH PARTNERING
$47 m
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1. Setting up a fund to raise $100m in the US and Internationalmarket for investment in Zimbabwe.
2. In addition debt funding and local equity of a similaramount will be raised on a phased basis.
3. Projects have been identified in Harare where land will beallocated to SPVs for development purposes.
4. Projects are being taken to bankability stage with projectedentry yields targeted at 12% +.
5. SBT Juul Africa as developers will drive projects asDevelopment & Construction Managers to take theseprojects through to completion.
6. A exit strategy may be structured through a listing at a laterstage.
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Our Relationship with ZimbabweREALISE & CREATE ADDED ASSET VALUE THROUGH PARTNERING
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1. SBTJA understands Zimbabwe and the development in Zimbabwe .
2. We know what it will take to stimulate development in the country
3. Our Track record of major development projects in Zimbabwe and in Africa positions us to deliver.
4. Zimbabwe property infrastructure needs a major kickstartwith two to three major catalyst projects that will stimulate unprecedented growth, driven by demand for improved infrastructure and lack of supply following 15 years of development drought.
5. International and local Investment is seeking development project opportunities that will provide double figure entry yields with internal rates of returns (IRR's) in the upper twenties.
6. The local residential market is at a transition stage and understanding the market and providing what it needs will drive it.
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O p p o r t u n i t i e s o f d e v e l o p m e n t v a l u e d a t o v e r $ 4 0 0 m .
Development Opportunities in ZimbabweREALISE & CREATE ADDED ASSET VALUE THROUGH PARTNERING
Scie
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@H
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$47 m
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Priv
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Science ParkSCIENCE & TECHNOLOGY DEVELOPMENT OPPORTUNITY
project concept1.An investment and development opportunity for investors inthe ICT Sector. A new city dvelopment.
2.The first phase will include the central hub building. A20,000m² development that includes an exhibition centre ICTinfrastructure for start up businesses.
3.The entire city’s central ICT infrastructure could be housedfrom the building while providing a NOC and Call Centre forZimbabwe.
4.The central location hub is located at the top end of thedevelopment, and supports an international fibre optic link tothe country’s capital, Harare and the rest of the world.
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Hotel & Residential Golf Course Estate MIXED USE DEVELOPMENT OPPORTUNITY
project concept lifestyle park
1.A 4 Star Luxury Hotel offering presidential suites,executive & luxury accommodation with supportingrestaurants, business centre and casino, for both thetraveller and business clientele.
2.Expansive luscious gardens to include an 18 hole PGAgolf course with clubhouse
3.Spa, swimming pool, and conference, events facilitiesseating for 1000 guests with supporting catering facilitiesand a sports centre.
4.A Green Residential lifestyle park to cater for increasingmiddle income housing in Harare with parks, Church andeducational facilities.
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Hospital Concept PRIMARY HEALTH CARE DEVELOPMENT OPPORTUNITY
project concept
1.A 200 bed private hospital on three levels designed tolatest international standards, providing operatingtheatres, X‐ray Department, testing Laboratories,Dispensary maternity ward, a Casualty ward,Sterilisation Section, Laundry, administration offices,kitchen, canteen and staff lounge.
2.The design is based on the 'nucleus' plan form, toconsiderably reduce circulation area and allows thecreation of separate ward units sharing a commoncirculation 'avenue'.
3.The hospital will provide a world class facility for themany Zimbabwean doctors and specialists in thediaspora.
4. The key to making this a bankable projects is to securea lease from a solid international operator.
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c r e a t i n g i c o n i c d e v e l o p m e n t s
Hospital Concept PRIMARY HEALTH CARE DEVELOPMENT OPPORTUNITY
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monte@harare ShopattainmentMIXED USED DEVELOPMENT OPPORTUNITY
Project a shopertainment concept1. A one stop "entertainment" complex offering
luxurious features and lifestyle facilities bringing anew experience & lifestyle to Zimbabwe.
2. This 30,000sqm shoppertainment centre is the focalmagnet of this development with two internationalretailers to anchor the development.
3. Comprising of a selection of Restaurants, RetailShops, Food courts, Cinemas, Theatres, Go‐karting,Outdoor Entertainment, Outdoor Piazza area,Conference & Events facilities and Hotels
4. The target yield will be 12%+ driven by bothinternational and local tenants looking a newthemed retail facility .
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For More Information
For more information about SBTJUUL AFRICA GROUP visit: http://www.sbtjuul.co.za/
Thank You
SBTJUUL AFRICA
The Sign of a Growing Economy is often associated with a number of Building Cranes in the Skyline.
“It is important that they are moving”
34Copyright© SBTJUUL AFRICA 2013
For More Information
For more information about SBTJUUL AFRICA GROUP visit: http://www.sbtjuul.co.za/
Thank You
SBTJUUL AFRICA
We Value Your Relationship in Partnering to Success
Zimbabwe a fantastic development opportunity
waiting to happen!
“A VISION TO REALITY” - “NOW”“The most valuable commodity that when lost
cannot be recovered.Infrastructure, the future, the true asset The
People.