Competitive AdvantageCompetitive Edge

PreferredLocation for Investment

PreferredLocation for

Doing Business

Strategically important Economic

Center

The Commercial

Hub for SouthAsia

Gateway to India

25 yearTax

holiday

100% Repatriation

Of Profit

LOCATION – Railway Land in Colombo 10

Part of Colombo Plan

Taprobane Business Centre - The Logic

 

Under article 157 of the country’s constitution, no force of law and no legislative, executive, or administrative action can be taken to contravene the provisions of a bilateral investment agreement except on grounds of national security.

Most Modern

TechnologyStreamlined Procedures

Free flow of Capital

Convertible Currency

Skilled Workers

Efficient Legal &

Regulatory Regime

Dependable Utility

Services

Stable Political

Environment

TaprobaneBusiness Center& Financial Hub

Abundance of Green Spaces

LandUtilization

Environment Friendly CityEco solutions for transportation, buildings, recycling and waste reduction

programs.LEED standards for buildings - cut energy usage by 31% and water usage by

22%. Recycle as many organic materials as possible. City will have extensive bike routes. Outdoor green recreation spaces that crisscross the entire "city" to reduce

carbon footprint.Street lights with light emitting diodes (LEDs) to lower usage of electricity Several hundred power hookups for electric cars recharging Solar panels on buildings for renewable energy for the entire area.  Open storm water run-off system, to collect rain water in ponds in public

spaces and through open channels to the sea. Roofs designed to slow storm water runoff and decrease the heat island effect. Highest level of environmental certification from LEED, BREEAM and DGNB.

Nowehere else in the World !

The only such land parcel of contiguous 30 acres In a investment frontier.

THE EQUATION

Land given on a 99 year lease

guaranteed by the Govt.

The land value equated to cost of

the Transport Towers – US$

125.42 m.Total value prorated to each parcel

of land.

Plus the prorated cost of

Infrastructure

MARKET VALUEUS$ 38,500/ perch

or US$ 7 m/acre (4046

sqm )

Add the CNEB

service and management charges

Positive Hedging Opportunity on fast

escalating land values

BUILT SPACES

Built – up Areas & CostBusiness Center and Financial Hub 15 Towers / 520,880 sqm

Mega shopping mall in 21,000 sqm

Offices in shopping area 21,000 sqm

Hotels and service Apartments 3 towers

Tower 1 - 35,160 sqm 22 /F

Tower 2 - 35,040 sqm 22/F floors

Tower 3 - 53,662 sqm 22 /F

Residential accommodation in 2 TowersTower 1 -36,596 sqm in 30 floorsTower 2 – 36851 sqm in 30 floors

US$ 125.4 m

US $ 625.0 m

US $ 88.1 m

US $149.8 m

US $ 79.2 m

US $ 25.2 m

Area Rentals (USD / sq. ft/year

PWC 2012)Key industries targeted include financial services (banks, insurance, fund managers, brokerage firms, financial sector regulators); BPO/IT sector; education sector

Project structuring to be carried out through suitable investment vehicles to maximise investor interest, fast track development and manage stakeholder risk and returns

Key operating characteristics: Residential

Assumption Value Unit

Saleable area

80.0%

Rate 30-40,00

0

LKR/SQF

Inflation 8.0%Sale price 3,406 USD/SQM

Service charge

382 LKR/SQF

Service Charge

33 USD/SQM

Overheads 10.0% Of service charge revenue

Development cost

1,292 USD/SQM/Y1

Payback period

Na Financed by pre sales

Project IRR 18.0%

Sale price comparison

Assumption Value Unit

Number of rooms

400

Room Rate 100 USD

Inflation 8.0%Built-up area 36,00

0

SQM

Saleable space

80% Of BUA

Saleable space

28,800

Average room size

72 SQM

Occupancy 80% Financed by pre sales

Development Cost

2,583 USD/SQM (Y1)

Payback back period

11 years

Project IRR 10.9 %

Key operating characteristics: Hotel

Key operating characteristics: Office

Assumption Value Unit

Rental Income 20 USD/SQM

Service Charge

6 USD/SQM

Inflation 8.0%Built-up area 556,8

89

SQM

Saleable space

70% Of BUA

Saleable space

389,822

SQM

Occupancy 70%Development Cost

775 USD/SQM (Y1)

Payback back period

15 years

Project IRR 16.0%

Employment Benefits

Development FAR Area EmploymentResidencies 60,203 365Hotel Apt 57,541 140 Hotel 500 rooms 400Hotel Offices 23,000 1,840Shopping 16,750 558Shop offices 16,750 1340Business premises 409,745 32,780

Total 37,423

Sourcev: Drivers Jonas Deloitte