The project is a landmark, state-supported mixed-use development combining hotel, office, and retail components on a prime urban site, structured under an EPC+F framework with repayment secured by a government payment guarantee.
With a total contract price of about USD 33.4 million and a gross built-up area of approximately 16,854 square meters, it aims to capture strong tourism growth, modern office demand, and premium retail spending, supported by multi-source revenue streams and disciplined risk management.
Capital required: 35m USD
Revenue Multiple :
EBITDA Multiple :
Prime government-backed urban site with secured payment guarantee upon completion, reducing counterparty and completion risk for investors.
Integrated luxury hotel, Grade A offices, and high-end retail podium in a market where quality urban mixed-use supply is limited yet demand from tourists, expats, and NGOs is growing.
Robust 10-year revenue projections driven by hotel rooms, F&B, events, office leasing, and retail rents, underpinned by rising visitor numbers and rental growth assumptions.
Clear competitive edge versus mainly beach-focused resorts and small-scale malls, positioning the asset as a new commercial and hospitality landmark in the city.
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