Tatu City -January 2017

BUILT WITH PASSION. POWERED BY VISION.

JANUARY 2017

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• Rendeavour, the owner of Tatu City, is the largest private urban land developer in Africa.

• Rendeavour provides solutions to continent-wide urbanization trends and inadequacy of

infrastructure in existing cities across Africa.

• Rendeavour’s core business is developing urban land sites and building development platforms

with a focus on Residential, Retail and Logistics.

• Rendeavour shareholders and management have extensive experience in managing investments

in emerging markets across Europe and Africa.

AFRICAN URBAN DEVELOPMENTS

With a land portfolio

of approximately

30,000 acres

Rendeavour is one

of Africa’s foremost

urban land

developers

RENDEAVOUR PORTFOLIO

Kenya

Ethiopia

EritreaSudan

Egypt

Niger

MauritaniaMali

Nigeria Somalia

Namibia

Libya

Chad

South Africa

Tanzania

Angola

Algeria

MadagascarMozambique

Botswana

Zambia

Gabon

Central African

Republic

Uganda

Swaziland

Lesotho

Malawi

Burundi

Rwanda

TogoBenin

Gh

an

a

Cote

d’Ivoire

Guinea Burkina Faso

Cameroon

Zimbabwe

Western

Sahara

Senegal

Tunisia

Morocco

Republic of

CongoDRC

Tatu City

Kenya

Roma Park

Zambia

• 300 acres

• Urban Development

Kiswishi

DRC

• 11,000 acres


Appolonia

Ghana

King City

Ghana

• 2,500 acres


• 2,500 acres


• 2,500 acres


Lagos

Nigeria

• 2,500 acres


Abuja

Nigeria

• 2,000 acres


Kofinaf

Kenya• 8,000 acres

• Future development

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RENDEAVOUR MODEL

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TATU CITY OVERVIEW

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Start date: 2010

Area: 2,500 acres

Residents upon completion: 100,000 residents

and 30,000 day visitors

• Strategically located 24km from CBD and just

off Thika Superhighway and junction of

Northern and Eastern Bypasses

• Strong sales to leading industrial groups

• Phase 1 housing developments for more than

5,000 people

NAIROBI, KENYA

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UNPARALLELED LOCATION

UNIQUE LANDSCAPE – FORMER COFFEE ESTATE

Nova Academies Girls High School

opening January 2017, Boys High

School opening January 2018.

Primary School in Tatu Waters

opening January 2018.

Kijani Ridge gated

community for

upper income

group. Plots 75%

sold.

Tatu

Industrial

Park.

Construction

commenced.

Lifestyle Properties:

1,400 apartments for

middle income

group. (Q4 2016)

Luxury

residential

(2019)

CBD - high rise

residential and office

space. (2018)

Tatu Waters: 2,850

mix town

houses/apartments

for middle income

group. (Q1 2017)

Karibu Homes 1,200

affordable housing

units. (Q4 2017)

Low density

housing

(2019-2023)

University (2020) Hospital.

(2020)

Mall of Kenya.

(2018)

Commercial Office

Building. (H2 2017).

Zoning Plan

Developments and

construction

planned or

currently under

way

International School.

(2019)

INFRASTRUCTURE OVERVIEWPhase 1 power, water and sewerage completing Q4 2016

Electrical Power – 150km of power cabling

• Intake from the national grid high voltage lines

(220Kva) and a (66Kva) substation allowing a

constant supply.

• Kenya Power to install, operate and maintain up

to the meter points for individual customers.

Waste water – 120km of piping

• All properties within Tatu City will be connected to

a centralised waste water system.

• Connection completed to treatment facility

located approximately 8km from the project site.

ICT – 100km of fibre cabling

• ICT facilities delivered through a city-wide fibre

optic system.

Road Network – 100km in length

• Wide road corridors allowing for dedicated bus

lanes, roadside parking, cycle ways and

pedestrian sidewalks.

• Vehicle and pedestrian movements modelled for

a 40-year period.

Water – 120km of piping

• Water sourced from a combination of water

treatment facilities and boreholes within Tatu

City.

• Water treatment facilities within Tatu City will

provide constant clean drinking water.

• Two of four 2,500 m3 storage tanks completed.

Solid Waste

• Waste collection services will be set up on a

weekly basis with systems to allow for a 2-bin

collection system, one for general waste and one

for recycling.

• Waste will be delivered to a waste transfer station

constructed within Tatu City.

CURRENT INFRASTRUCTURE

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Roads & Power Water & Sewerage

CBD Master Planned By Skidmore,

Owings & Merrill

Tatu City CBD –

Illustrative Master Plan

1. University Campus

2. Construction Center of Excellence

3. International School

4. Sports Facility

5. Mugumo Tree

6. Hospital

7. Retail district

8. Transit interchange

9. Cultural building

10. Light Industrial

11. Linear Park

12. Ecological Corridor

13. Activity Spine

14. Recreational space

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Retail High Street – View 1

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Retail District Core – View 2

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Mugumo Tree – A Meeting Place In The Natural

Landscape – View 3

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Ecological Corridor - Riverwalk - View 4

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High Density Residential (An Internal Courtyard

View) – View 5

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Mall of KenyaOpportunities For Retailers, Contractors

And Investors

Zarius Properties have 12-

month option from June 2016

to find tenants and arrange

funding

Current tenant interest

includes 12,000 m2 Carrefour

Undergoing design review to

integrate into new CBD

designed by Skidmore,

Owings & Merrill

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Commercial Office Building

Conceptual design completed

by Haskoll

Cost Plan prepared by YMR

Pre-lease discussions with Tatu

City Limited, Regus, MP Shah,

Aspen Medical and Tuskys

4,300 m2 Phase 1 development

cost: $6.0 million

Seeking developer and investor

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Commercial Office Building – Concept Design

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Kenya’s leading Industrial Park

TATU INDUSTRIAL PARK

• Ideal location near Thika

Superhighway and junction of

Northern & Eastern Bypasses

• Leading light industrial zone in

Kenya

Industrial Partners are investing $500 million in

state-of-the-art manufacturing and logistics bases

TATU INDUSTRIAL PARK

• Of a total size of 450 acres:

o 255 acres sold

o 55 acres with term sheets

signed

o 23 acres under negotiation

• 117 acres remain at Tatu

Industrial Park

• 300 acres available for industrial

area expansion on neighbouring

land owned by Rendeavour

SEZ application submitted: SEZ enterprises, developers and operators will be subjected to reduced

corporate rates of 10% for the first 10 years of operation and 15% for the next 10 years. Dividends

received by licensed SEZ enterprises, developers and operators are exempt. SEZ enterprises will enjoy

certain rights such as, profit and capital repatriation, the full protection of its property rights against all

risks of nationalization or expropriation and industrial and intellectual property, among others.

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Benefits Of SEZ Status

Tax Benefits

Licensed SEZ enterprises, developers and operators are granted exemption from all existing taxes and duties payable underthe Customs and Excise Act, ITA, EACCMA, VAT Act and Stamp Duty Act on all SEZ transactions.

The tax incentives for SEZ enterprises, developers and operators introduced by the Finance Act 2015 are as follows:

The supply of taxable goods and services to SEZ enterprises, developers and operators licensed under the SEZA areexempt from VAT;

SEZ enterprises, developers and operators will be subject to a reduced corporate tax rate of 10% for the first 10 years ofoperation and 15% for the next 10 years; and

The applicable WHT rate for payments for services and interest to non-residents (other than payments for dividends) by SEZenterprises, developers and operators shall be 10%. Dividends received by licensed SEZ enterprises, developers andoperators are exempt.

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Civic And Social InfrastructureThe design is based on functionality, viability, and sustainability. Infrastructure is conceptualized on the

context of a decentralized urban node

• Fire Fighting Network and a fire station

• Religious Centres

• Police Stations

• Ambulance areas and Emergency response teams.

• Active and Passive Parks

• Sports and Recreation areas

• City Wide landscaping

KIJANI RIDGE

• Fully serviced- 145 ½ acre & 156 ¼

acre plots

• Infrastructure in place for house

construction

• Secure / Gated

• Lake access

• Club House

KIJANI RIDGE

3 BEDROOM VILLA

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Ranging between

257 sqm to 428 sqm

4 BEDROOM VILLA

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• Ranging

between 351

sqm to 492 sqm

• Built villas price

ranges:

o ½ acre

from 35M

o ¼ acre

from 28M

5 BEDROOM VILLA

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Ranging between

474 sqm to 717 sqm

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More green space than any other

development in Nairobi.

2.8-mile walking and cycle trail

around The Boundary.

Multiple plazas with shops and

cafés.

Direct connection to the C-63 and on

to Nairobi.

500 metres from the Tatu City

Central Business District.

2,700 homes across 200 acres.

First phase includes condominiums in Acacia Grove and a range of Townhouses in Eagle Estuary and Heron Estuary.

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Set within a secure, lush landscape, and surrounded by

naturally flowing rivers and a stunning freshwater dam, the

condominiums and townhouses at Tatu Waters provide large

living spaces and beautiful interiors.

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Overview

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Peace of

mindThe Boundary acts as a secure

perimeter for Tatu Waters. With

four levels of security in the

estate, you can rest assured that your safety is our priority

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CONNECTING FINANCE TO OPPORTUNITY

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CONTACTS:

BEATRICE NJERI

RESIDENTIAL SALES MANAGER

T: + 254 20 513 1000

M: + 254 711 887 980

E: [email protected]

SHARE OUR VISION!

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Tatu City -January 2017