Executive Summary - White Rocks (Malta)

GFA Avg Property Number of

Development to be comprised of Floor area (Sqm) Build up% No. of Floors
(Sqm) Size Properties
Area - Luxury Villa's 65,000 30% 3 58,500 500 Sqm 130
Total Area 449,885 Sqm - Luxury Appartments 50,000 80% 5 200,000 175 Sqm 1,143
% allowed for Development 30% - 5 Star Hotel 5,000 8 40,000
- Shopping Mall 5,000 4 20,000
- Hard Landscaping (Internal Roads) 10,000 1 10,000
Total Area to be Developed 134,966 Sqm Total Floor Area 135,000 328,500
10,000
Total Cost to Finish State GFA (Sqm) Cost/ Sqm Project Cost
5,000 Area Split
- Luxury Villa's 58,500 €2,160 €126,360,000 5,000
- Luxury Appartments 250,000 €2,160 €540,000,000
65,000
- 5 Star Hotel 40,000 €750 €30,000,000
- Shopping Mall 20,000 €1,000 €20,000,000 50,000
- Hard Landscaping (Internal Roads) 10,000 €750 €7,500,000

Insfrastructure Costs 449,885 €110 €49,487,350

- Luxury Villa's - Luxury Appartments
Land Value €250,000,000 - 5 Star Hotel - Shopping Mall
Total Project Costs €1,023,347,350 - Hard Landscaping (Internal Roads)
Conservative Avg Final Summary
Total Sales (Conservative rate / Sqm GFA (Sqm) Sales / Sqm Sale Value No. of Units Avg Sale / unit
2,500,000,000 60%
- Luxury Villa's 65,000 €4,500 €292,500,000 130 €2,250,000
- Luxury Appartments 200,000 €5,242 €1,048,400,000 1,143 €917,350
Total Sales Value €1,340,900,000 50%
2,000,000,000
Total Sales (Current Market Prices within the Vicinity of Conservative Avg
Development Location GFA (Sqm) Sales / Sqm Sale Value No. of Units Avg Sale / unit
40%
- Luxury Villa's 65,000 €7,900 €513,500,000 130 €3,950,000
1,500,000,000
- Luxury Appartments 200,000 €8,500 €1,700,000,000 1,143 €1,487,500
Total Sales Value €2,213,500,000 30%
Total Sales (Trade off b/w Conservative & Current Market Conservative Avg
1,000,000,000
Prices) GFA (Sqm) Sales / Sqm Sale Value No. of Units Avg Sale / unit
20%
- Luxury Villa's 65,000 €6,200 €403,000,000 130 €3,100,000
- Luxury Appartments 200,000 €6,871 €1,374,200,000 1,143 €1,202,425
500,000,000
Total Sales Value €1,777,200,000 10%
Conservative Current Market Trade off b/w two
Approach Scenario approaches - 0%
Total Project Revenue €1,340,900,000 €2,213,500,000 €1,777,200,000 Conservative Current Market Trade off b/w two
Total Project Costs €1,023,347,350 €1,023,347,350 €1,023,347,350 Approach Scenario approaches
Total Project Contribution €317,552,650 €1,190,152,650 €753,852,650 Total Project Revenue Total Project Costs
Total Project Contribution Contribution %
Contribution % 24% 54% 42%