PROPOSAL FOR THE

CONSTRUCTION OF A 5-
STOREY COMMERCIAL
BUILDING TO BE NAMED
"M&C HEIGHTS"
EXECUTIVE SUMMARY

M&C Properties, a member of M&C Group (Global) is seeking

investment partners for a new development project, a
commercial 5-story apartment block located at Nii Osae Ntiful
Avenue in East Legon, Accra. The development will feature offices,
apartments, shops, a clinic, gym, and nursery, designed to meet
the growing demand for high-quality commercial and residential
space in the area.

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PROJECT OBJECTIVES
The project aims to achieve the following objectives:

Meet the demand for high-quality commercial and

residential space in East Legon, Accra.

Provide investors with an opportunity to participate in a

profitable real estate investment.

Contribute to the economic development of the region by

creating jobs and supporting local businesses.

Meet the growing demand for sustainable and energy-

efficient buildings.

The development will be managed by experienced professionals with a track

record of successful real estate projects. The M&C Properties team has
extensive experience in all aspects of real estate development, including site
acquisition, design, construction, and property management.

Investors can expect to receive an attractive return on investment through

the sale and rental of commercial and residential units. The project is
expected to be completed within 24 months, with a target occupancy rate of
90% within 12 months of completion. We invite interested investors to contact
us to learn more about this exciting opportunity to participate in the growth
of one of Africa's most dynamic real estate markets.

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 ABOUT M&C PROPERTIES

M&C Properties Limited, a member of M&C Group (Global) is registered

under the Laws of the Country (GHANA). We promote affordability in housing,
ensuring quality is achieved, discarding the tendency of compromising
quality and affordability.

WHAT WE DO:

We render services in the following areas;

• Real Estate Development / Property Development

• Property Management

• Sales/Rentals/Leasing (Residential and Commercial)

• Land Acquisition • Property Advisory Services

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• Mortgage Facilitation

• Customized Architectural Design

We are designers and constructors of ultramodern residential and

commercial properties, with years of experience in providing affordable, yet
quality structures to both Private and Public Sectors.

DETAILED DESCRIPTION OF PROJECT

The commercial 5-Storey apartment block project being undertaken by M&C

Properties is a mixed-use development that aims to provide high-quality
commercial and residential space in East Legon, Accra. The building will be
located on Nii Osea Avenue, a prime location in the area, and will feature a
range of facilities including offices, apartments, shops, a clinic, gym, and
nursery.

The commercial 5-storey apartment block project being undertaken by M&C

Properties is a high-quality commercial and residential space in East Legon,

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Accra and will feature a range of facilities including offices, apartments,
shops, a clinic, gym, and nursery.

The project is being developed in response to the growing demand for high-
quality commercial and residential space in East Legon, a highly sought-
after area in Accra due to its strategic location, good travel routes, and
thriving business community. The building will be designed to meet the
needs of modern businesses and individuals, providing flexible office spaces,
comfortable apartments, and a range of amenities to meet the growing
demand for sustainable and energy-efficient buildings, and provide a safe,
secure, and comfortable living and working environment for occupants. It will
also provide investors with a profitable real estate investment opportunity
and contribute to the economic development of the region by creating jobs
and supporting local businesses.

OFFICE SPACE
The office spaces within the building will be designed to meet the needs of
modern businesses. They will offer flexible layouts and configurations,
allowing tenants to create a workspace that suits their unique requirements.
The offices will be fitted with modern amenities, including high-speed
internet connectivity, video conferencing capabilities, and secure access

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control systems. The building will also feature a dedicated reception area
and meeting rooms available for use by tenants.

GYM
The gym within the building will be designed to provide a high-quality fitness
experience. It will be equipped with a range of cardio and strength training
equipment, as well as a dedicated space for yoga and other fitness classes.
The gym will be staffed by certified trainers, who will be available to provide
guidance and support to users. The gym will also feature locker rooms with
showers and changing facilities.

SHOPS
The shops within the building will offer a range of retail options, catering to
the needs of tenants and the surrounding community. They will feature a mix
of local and international brands, offering a diverse range of products and
services. The shops will be designed to be easily accessible and visible from
the street, attracting foot traffic and increasing their visibility.

CLINICS
The clinic within the building will provide a range of medical services to
tenants and the surrounding community. It will be staffed by qualified
medical professionals, who will provide services such as primary care,
specialist consultations, and diagnostic testing. The clinic will feature modern
medical equipment, including diagnostic imaging and laboratory facilities,
allowing for comprehensive medical care to be provided on-site.

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MARKET ANALYSIS

East Legon is a highly demanded area in Accra, Ghana, due to its strategic
location, good transport links, and thriving business community. The area is
known for its upscale residential neighborhoods, shopping centers, and
modern office buildings. As such, there is a strong demand for high-quality
commercial and residential space in the area.

In terms of competition, there are a number of commercial and residential

developments currently being undertaken in East Legon, as well as existing
buildings that offer similar facilities and amenities. However, the strategic
location of the proposed building, along with the high-quality design and
construction standards, are likely to give it a competitive advantage in the
market.

In terms of market trends, there is a growing demand for sustainable and

energy-efficient buildings in Ghana, driven by concerns about climate
change and rising energy costs. We aim to meet this trend by incorporating
the latest technology and materials to reduce energy consumption and
lower operating costs.

Overall, the market outlook for the project is positive. The area is highly

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desirable for businesses and residents, and its multi-purpose nature is
likely to attract a wide range of tenants. Furthermore, the project's focus
on sustainability and energy efficiency is likely to appeal to
environmentally-conscious tenants and investors.

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FINANCIAL ANALYSIS

COST OF CONSTRUCTION: The estimated cost of construction for this project

is $6 million. This budget has been carefully calculated taking into account
various factors such as size, complexity, quality standards, and regulatory
requirements. A breakdown of the cost;

1. High-Quality Materials: We prioritize the use of high-quality materials to

ensure durability, safety, and an attractive finish for the building. Superior
materials contribute to the longevity of the structure, reducing maintenance
costs in the long run. Furthermore, the selection of materials is influenced by
regulatory compliance, environmental sustainability, and market
expectations. By investing in quality materials, we guarantee a premium
asset that holds its value over time.

2. Skilled Workforce: Our commitment to delivering excellence involves

engaging a skilled and experienced workforce. Architects, engineers,
project managers, electricians, plumbers, and carpenters are among the
professionals dedicated to the successful execution of the project. Their
expertise and attention to detail guarantee that the building is
constructed to the highest standards, ensuring safety, functionality, and
aesthetic appeal.

3. Permits and Regulations: Building construction involves adhering to a

range of permits and regulations set forth by local authorities.
Compliance with these requirements is paramount for legal operation
and ensures the safety of occupants and visitors. The associated costs
cover permit fees, inspections, and the necessary adjustments to align
with building codes and zoning regulations.

4. Site Preparation and Infrastructure: Prior to construction, site

preparation is essential to create a solid foundation. Tasks such as
clearing, leveling, and preparing the site incur costs for equipment, labor,
and materials. Additionally, connecting the building to essential
infrastructure, including electricity, water, and sewage systems, demands
investment in specialized contractors, permits, and necessary
installations.

5. Contingency and Miscellaneous Costs: Unforeseen circumstances

can arise during the construction process, requiring additional funds. By
including a contingency amount in the budget, we mitigate risks and
effectively manage any unexpected challenges. Miscellaneous costs
encompass project management, insurance, legal fees, and

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administrative overheads, which contribute to the overall project
expenses.

PROJECTED VALUE: Upon completion of the construction,

the building is expected to be valued at $15 million. This
valuation is based on market research, comparable
properties in the area, and the attractiveness of the
amenities offered. The projected value represents a
considerable potential for return on investment.

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