Investment
A landmark, structured to be bankable
The project is at concept and pre-development stage. All figures below are working assumptions, not forecasts or commitments.
Investment at a glance
- Project
- Kante Canopy Towers
- Location
- Sotrac-Mermoz, Dakar, Senegal
- Development
- Two R+10 premium mixed-use towers
- Site
- ≈ 800 m² combined landholding
- Concept
- Vertical forest / bioclimatic luxury residences
- Stage
- Concept and pre-development
- Preliminary cost
- US$12–14 million, subject to verification
- Sponsor contribution
- Land and pre-development investment
- Commercial strategy
- Hybrid sell-and-hold model
- Immediate objective
- Complete investment-readiness and structure construction financing
Three complementary income streams
Main value driver
Residential sales
- ≈ 2,700 m² residential
- FCFA 3.0–3.8M per m²
- Target average FCFA 3.2M/m²
Stable cash flow
Commercial rent
- 350 m² boulevard frontage
- ≈ FCFA 22,000/m²/month
- ≈ FCFA 92M per year stabilised
Value enhancer
Rooftop & amenities
- Sky lounge, pool, events
- 15–25% residential premium
- Ancillary income potential
Illustrative capital stack
For modelling purposes only. These are not committed terms.
- Strategic / development equity20–30%
- Senior debt / EPC+F / structured45–60%
- Pre-sales / buyer deposits10–20%
- Sponsor equity (land + pre-development)Contributed
Sufficient equity to make the project bankable, but no more dilution than is economically necessary.
Two strategies, one asset
Hybrid - recommended
Sell 65–75% of residential inventory, retain commercial premises and selected apartments.
- Capital recovery 5–8 years
- Ongoing commercial income
- Residual residential cash flow
- Balanced risk and return
Full hold & rent
Retain almost all units and commercial space for long-term rental income.
- Capital recovery 10–14 years
- Strong recurring cash flow
- Higher lifetime profit
- Lower sales-market risk
Commercial leasing
350 m2 of boulevard frontage
Ground floor retail, dining and wellness premises beneath the sculptural canopy, with residential footfall above and boulevard traffic in front.
- Flexible demise from boutique units to a signature restaurant
- Indicative rent of FCFA 22,000 per m2 per month
- Shopfront visibility with night lit canopy identity
Model your position
An indicative tool for orientation only. Outputs are not forecasts, valuations or investment advice.
Gross yield
4.7%
FX reference 580 FCFA = 1 USD. An indicative tool for orientation only. Outputs are not forecasts, valuations or investment advice.
Why engage early
Early participation means investing before several major value-creation milestones. Greater development risk - and economics that reflect it.
- 01
Planning certainty
- 02
Final architecture
- 03
Professional cost plan
- 04
Construction procurement
- 05
Pre-sales
- 06
Operator / brand partnerships
- 07
Construction finance
- 08
Completion
Risks and mitigants
Planning and height
Formal confirmation of the R+10 envelope prior to financial close.
Construction cost escalation
Independent QS, contingency, competitive procurement, fixed-price protections.
Slower sales or lower pricing
Independent demand analysis, diversified units, phased sales release.
Funding shortfall
Staged capital strategy across multiple competitive financing channels.
Foreign exchange exposure
Currency matching, hedging where viable, local-currency funding and procurement.
Vertical-forest operations
Specialist design, appropriate species, irrigation redundancy, dedicated budget.
Governance misalignment
Ring-fenced SPV, shareholder agreements, clearly defined reserved matters.
Investor protection
- Ring-fenced project SPV
- Independent project account
- Controlled capital drawdowns
- Certified construction milestones
- Independent quantity surveying
- Regular investor reporting
- Board representation where appropriate
- Shareholder reserved matters
- Audited accounts and insurance
- Agreed exit provisions
Exit routes
The financing strategy avoids dependence on a single exit mechanism.
Residential sales
Progressive return of capital from completed unit sales.
Refinancing
Replacement of development finance with longer-duration investment debt.
Strategic sale
Sale of an interest to an institution, property fund, family office or hospitality investor.
Sponsor buyback
Sponsor acquisition of investor interests under pre-agreed conditions.
Retained yield
Continued participation in income-producing assets where mutually attractive.
Investment invitation
The preferred partner will not necessarily be the investor offering the largest cheque - it will be the one whose capital structure, experience and incentives best support the long-term success of the development.
- Strategic real-estate investors
- Developers
- Family offices
- Private-equity investors
- Development-finance institutions
- Sustainable-building funds
- EPC+F contractors
- Institutional lenders
- Hospitality operators
- Specialist technical partners