Land Lease Rate Calculation Draft

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Capex 215 SAR /sq.

m
Leased Land 17.95 sq. km
Leased Land 17950000 sq.m
Total Capex 3859250000 SAR / sq.m
Opex 3 SAR
Opex per year 53850000
Years in consideration 25
Total Opex 1346250000
Total Opex + capex in 25 years 5205500000

Assuming 50% occupancy & Rent


4.5 SAR/sq.m , recovered rent in 25
years 1009687500
% cost recovered 19.3965517241379

Remaining cost to be recovered 4195812500


For Future period of 25 years SAR
45 per sq.m
Opex for 25 years 1346250000
cost to be recovered including opex
for 25 years 5542062500
Rent collection 20193750000
Payback period < 7 years

For Future period of 25 years SAR


14 per sq.m
Rent collection 6282500000 251300000 5528600000
% collection 113.36032388664
Payback period 22 years

For Future period of 25 years


SAR13 per sq.m
Rent collection 5833750000 233350000 5367050000
% collection 105.263157894737
Payback period 23.5 years

For Future period of 25 years


SAR12 per sq.m
Rent collection 5385000000 215400000 5600400000
% collection 97.165991902834
Payback period 25.5 years

For Future period of 25 years SAR 8


per sq.m
Rent collection 3590000000 143600000 5600400000
% collection 57.1428571428571
Payback period 25.5 years

For Future period of 25 years SAR


12.5 per sq.m
Rent collection 5609375000 224375000 4936250000
% collection #DIV/0!
Payback period 22 years
5
3.75
Capex

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