“ A Vision for inclusive housing in Africa”

1.Low income housing Gap

2.Vision / Mission

3.Urbanis solution

4.Business Model

5.Service Offering

6.Management Team

7.Operating Model

8.Portfolio / Track Record

Agenda

Africa’s explosive demographic growth

The African population is growing at a rate of 2.4% a year.

It is estimated that by 2030, 50% of Africans will live in cities;

The African workforce will reach 1.1 billion people by 2040 - the largest in the world ( McKinsey);

And by 2050, Africa will be home to 1.9 Billion people.

Africa is facing an urban challenge

By 2040 Africa is expected to be the 2nd most urbanized continent after China.

At current urbanization rates, an additional 14 million housing units per annum are needed in order to accommodate the increasing urban demand.

62% of the populations living in Africa’s cities ( 32 million households) live in informal housing where basic services are poor or non-existent.

Africa faces a large gap in low income housing

Region Demand Supply

Sub- Saharan Africa

32 million households in Sub-Saharan Africa are considered inadequate.

Under current urbanisation rates , an additional 14 million housing units per annum are required

308 million people; 191 million of whom live in inadequate housing.

Kenya 60% of households are considered ‘inadequate’ housing and are located in slums.

150,000 units are required per year

Less than 30,000 units supplied per year The annual deficit is thus more than 120,000

housing units per year

Ghana Ghana’s annual demand for housing currently stands at 120,000 housing units per annum

Current housing supply provides 42,000 units per annum which is only 35% of the demand

Nigeria 33.6 million Nigerians living in urban areas (46% of the urban population) are considered to be living in inadequate housing

The annual deficit is 16 million units 720,000 units need to be created annually to

meet the demand Current supply is however meeting only 3%

of this demand

Tanzania 80% of the entire population is living in unplanned, informal housing.

The housing deficit in urban areas is estimated at 1.2 million units.

The response to the African urban explosion must not be, more unplanned and poorly serviced developments.Africa should learn from the mistakes of many European and American cites that allowed the development of social enclaves, which became the source of insecurity, social tension and frustration for the low income population.The demand for housing should be met through the development of suburban mixed income communities that offer a healthy social environment, and economic opportunities.

Vision for African Affordable housing

The vision of Urbanis Africa is to enable the ordinary Africans, most of whom are active in the informal sector, to acquire a house within their financial means and raise their families in a safe, clean, healthy environment with access to world class education and economic opportunities. In so doing, Urbanis achieves social impact, environmental and financial returns.

Urbanis aims to implement its model across the African continent, and will encourage many developers to emulate its model.

The mission of Urbanis Africa is to enable the majority of Africans living in cities to have an opportunity to own a house, work and raise a family, in a clean and family-friendly environment.

The Company’s objectives are as follows:

Develop planned mixed income communities across the continent that implement state of the art, low carbon footprint technology

Mission and Objectives

Provide a ‘one-stop shop’ approach to delivering housing solutions, by building partnerships with all the players in the value chain, including the commercial banks.

Design inclusive solutions to unlock mortgage financing for informal sector borrowers and;

Deliver affordable housing within a profitable business model.

Urbanis Africa contributes to resolving the problem of affordable housing in Africa using the following tools;

Cross subsidization: Achieve affordability through mixed income housing communities, and apply cross subsidization between middle and low income housing units. Collaboration: Create a network of partners around each project including designers, contractors, bankers, financiers etc

Urbanis Solution

Rapid construction: Accelerate the speed of construction through the use of pre-cast concrete.

Low cost of ownership: Reduce recurring cost to owner by using green technology ( Waste recycling, Solar energy, rain water storage etc..)

Building at the periphery: Urbanis achieves affordability by building integrated housing communities with Residential, Economic and Social amenities at the periphery of large urban centers.

Corporate Social Responsibility

Urbanis Africa aims to maximize socio economic value ….

Average project IRR of 25%Minimum Project profit margin of 20%.Average payback period, 4 years.

Financial Return

Create local EmploymentProvide low income housingCreate Economic opportunitiesProvide better education

Social Return

Risk Management

Environmental Returns

• Economic Benefit for Investors.• Economic Benefits for home buyers ( affordability)• Economic Benefits for the community• Social Benefit for the residents• Social Benefits for the community

Socio Economic Value

Socio Economic Value PropositionSocio Economic Value Proposition

Create local EmploymentProvide low income housingCreate Economic opportunitiesProvide better education

Solar Powered public areasRecycled waste waterRain water capture Recycled Solid Waste40% of property reserved for green spaces.

Business Model

Urbanis’ Africa is a real estate developer specialized in bottom-of-the-pyramid residential and commercial projects.

Urbanis sets up a Special Purpose Vehicle (SPV) for each project it initiates and brings to each project a different group of investors and lenders who are exposed exclusively to a single project.

As a developer, Urbanis takes an equity participation in its projects. It is remunerated through developer's fees and sweat equity.

Business Model ( cont)_

Equity InvestorEquity Investor Quasi – Equity Investors

Quasi – Equity Investors

Financiers(Debt)

Financiers(Debt)

URBANISURBANIS

SPV (Country Specific)

ContractorContractorLocal InvestorLocal Investor

Government

Mortgage BanksMortgage Banks

MFI’sMFI’s

Home BuyerHome Buyer

The company builds alliances and partnerships across the value chain, hence creating a microcosm that addresses the housing problem holistically.

Service Offering

Urbanis’ Africa Provides services that span across the entire development value chain.

The company manages projects from inception to post completion management.

Urbanis Africa provides the management services through subsidiaries that it establishes in countries where the projects are located.

Integrated Service Offering

Urbanis Africa is a full service real estate service provider. The company incorporates in -house all the skills required to deliver a project from design to construction and property management. This capability enables the company to eliminate number of intermediaries and reduce cost substantially.

Urbanis Properties

Urbanis Properties

•Property sales•Marketing campaigns•Market research•Ecommerce Platform•Mortgage Brokerage

•Property sales•Marketing campaigns•Market research•Ecommerce Platform•Mortgage Brokerage

Urbanis Development

Urbanis Development

•Project initiation•Land Acquisition•Partnerships Structuring•Financial Structuring•Fund raising•Contract Management

•Project initiation•Land Acquisition•Partnerships Structuring•Financial Structuring•Fund raising•Contract Management

Urbanis StudioUrbanis Studio

•Architectural Designs•Project management•Quantity Surveying•Structural Engineering•Environmental Engineering

•Architectural Designs•Project management•Quantity Surveying•Structural Engineering•Environmental Engineering

Urbanis Construction

Urbanis Construction

Urbanis Property

Management

Urbanis Property

Management

•Building and construction of low density housing•Strategic Partner of EPC contactors. •Supply Chain Management•Manufacturing of construction material

•Property Rental•Property Management•Waste management•Utilities Management•Building maintenance•Security

Business units of Urbanis Africa Subsidiaries of Urbanis Africa

Urbanis offers a one stop shop solution for acquiring an affordable home in Africa.

•From the moment a client walks in our offices we walk with them to the very end advising them accordingly on the best financing solution.

•We as Urbanis Africa have partnered with several mortgage financiers to help our esteemed clients get their dream houses at an affordable rate without any financial stress/strain.

•We would offer you all the financing options available and guide you through the process and give you financial insights to current mortgage trends.

Financial Solution Point

Ur-Homes interactive Platform

Urbanis Africa has launched a powerful marketing channel –Ur-Homes.com

The interactive Web Platform enables African seeking to acquire an affordable home from Urbanis Africa to select, purchase and finance the home online.

Ur-Homes.com also includes general information about the real estate market in Africa and about financing options available to Africans.

Competent Management Team

Operating Company: Jamii Bora Makao.

Location: Kaputiei within Kisaju Town off Namanga Road, 60 Kms from Nairobi CBD.

Description: Mixed income community targeting 2,000 residential units and 2,000 and 1,164 commercial units.

Price range: KShs. 1.2 million ($14,000) to KShs. 5 million ($58,000)

Additional Amenities: Police, Clinic, Primary and secondary schools,

Total project Cost: KShs. 5 Billion

Stage: To date 780 houses have been built and sold.

Portfolio - Kisaju View Park I

Operating Company: Kisaju View Park Limited

Location: Located on the Pipeline Road near the Isinya junction. 60 Kms from Nairobi CBD.

Description: Mixed income community targeting 1,000 residential units and 200 commercial units.

Price range: KShs. 1.5 million ($15,000) to KShs. 5 million ($58,000)

Additional Amenities:

Total project Cost: Project is at design stage

Stage: Closing December 2012 – Ground Breaking

Portfolio - Kisaju View Park II

Kisaju Plains Estate

Operating Company: Kisaju Plains Limited

Location: Located off Pipeline Road, next door to Kisaju View Park Estate.

Description: Mixed income community targeting 750 residential units and commercial space.

Price range: from KShs. 3.9M ($35,000) to KShs. 7 M ($70,000)

PLAN:1. Choose a plot 2. Choose from 4 available house designs 3. Choose your suitable payment method.

Portfolio – Lukenya Gardens

Operating Company: Kenani Housing Company Ltd.

Location: Lukenya, near Athi River, located 37 kilometers south east of Nairobi CBD, on a 230 acres plot of land.

Description: Mixed income community targeting 2,400 residential units ( apartments and Maisonettes) and 1,000 commercial units in Phase I.

Price range: KShs. 1.6 million ($16,000) to KShs. 7.0 million ($82,000)

Additional Amenities: Police, Clinic, Primary and secondary schools,

Total project Cost: KShs. l 6 Billion

Stage: Financial closing projected in December 2012. Ground breaking April 2013.

Portfolio – Lukenya Village

Operating Company: Lukenya Housing Company Ltd

Location: Lukenya, near Athi River, located 37 kilometers south east of Nairobi CBD, on a 100 acres plot of land.

Description: Mixed income community targeting 2,400 residential units ( apartments and Maisonettes) and Retail area.

Price range: KShs. 1.6 million ($16,000) to KShs. 6.0 million ($82,000)

Additional Amenities:

Total project Cost: Project is at design phase.

Stage: Financial closing projected in March 2013. Ground breaking June 2013.

Portfolio – Kisaju Village Market

Operating Company: Kisaju Mall ltd

Location: Kisaju ( 10k from Kitengela) on the Namaga Road.

Description: 20 Acres Commercial Complex including shopping mall, Amusement Park, Hotel and office space.

Price range: The project is at design stage. Prices will be established shortly.

Additional Amenities: Police, Clinic, Primary and secondary schools,

Total project Cost: TBD

Stage: Financial closing projected in April 2013. Ground breaking June 2013.

PLEASE CONTACT US:

Urbanis Africa Limited.5th Floor, Contrust HouseMoi AvenueP.O. Box 57618-00200NAIROBI

Tel: +254-206-530-011/2Mob: +254-710-544-637 Email: info@urbanisafrica.com

www.ur-homes.com

THANK YOU