Page 159 - KGR 2020-21 Annual Report
P. 159
Impact Investment
The Founders’ strategy to deliver their mission is to invest through a holistic and integrated business
model that delivers tangible conservation and community impact through a real estate and hospitality
development model.
Singita
Pamushana
The model is designed to generate revenue through a branded residence and hospitality development
programme which pays back investors for up-front capital and critically enables the reserve to operate
a sustainable annual business from levy contributions made by the vested property stakeholders.
ZINAVE
GONAREZHOU NATIONAL
NATIONAL PARK
PARK
Vilanculos
Wildlife re-introduction Food security
Wildlife protection Education/training
Security control & fence Land security
BANHINE Trans-frontier status Water security
NATIONAL Infrastructure development
PARK Environmental improvement
Pomene
Marine
LIMPOPO Reserve
NATIONAL
PARK
CONSERVATION LAND &
KRUGER Massingir MANAGEMENT COMMUNITY
NATIONAL Airport
PARK KGR
JOHANNESBURG Singita Lebombo
Singita Ebony & Boulders
HOSPITALITY
DEVELOPMENT REAL ESTATE
DEVELOPMENT
Kruger
Mpumalanga
International
Airport Leopard Creek Golf
Club 0 20 40 100km
EUROPE / ASIA LEGEND 3 globally recognised hotel brands
Karingani Game Reserve (KGR) Revenue creation
Hospitality levy contributions
Existing National Park Infrastructure development
Mozambique tourism and regional
Existing Game Reserve / Conservation Area
promotion Turn-key construction
Greater Limpopo Transfrontier Conservation
Area Employment and value chain opportunities Home owner levy contributions
Greater Limpopo Transfrontier Conservation Area
Node A Development VALUE ADD – SCARCITY
• Unique, exclusive product rather than commodity product
• Pristine land with property rights is a rare commodity and
During this reporting period, coming under increasing pressure
ongoing discussions with • Prime and unique resort and home developments are more
Aman and investors Impact recession proof due to exclusivity
Preservation Partners to • 70% of the top small hotels in the world are located in exotic
develop Node A with 30 or pristine natural settings
keys and 15 residences is • ERA Research has shown that large-scale special environments
can generate > 30% uplift in value
being considered as the
development footprint.
The program would be
Vamizi Island, Quirimbas Archipelago, Mozambique
(& Beyond) developed in alignment with SCARCITY + EXCLUSIVITY = VALUE
Site value: $1 M (1 Ha) the Karingani Development
5 bed prime: $4 M and Sustainability Guidelines.
Per Sq M: $8,000 Sq M Investor diligence is set to
conclude in June 2021.
VALUE ADD – BRAND
• Brand is key to the attractiveness, margin and success of a
residential resort programme
• Research by Knight Frank has shown Brand can add > 25% in
value to a residence on a prime resort
• Buyers care about hospitality, standards of service and quality
of design and materials
Government • Brand uplift is achieved through:
support
− Attracting a recognised best in class hotel partner for
service delivery and revenue earning
− Delivery by a first world professional developer with
Sales & experience of remote development
Marketing
− Letters of interest have been secured by the following
operators:
Investors
Machangulo, Machangulo Reserve, Mozambique
Site value: $500,000 (2 Ha)
5 bed prime: $3 M
Per Sq M: $6,600 Sq M
NATURAL CAPITAL, SOCIAL IMP A CT & SUSTAINABLE DEVEL OPMENT PROGRESS REPORT 2020 C3 | 156