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Shopping Mall Seeking Loan in Kenya

Mall with 70% pre-leased offering low-risk, high-reward opportunity, led by experienced team with development references.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 40 - 50 million
Run Rate Sales USD 36 million
EBITDA Margin 30 - 40 %
Industries Shopping Malls + 1 more
Locations Kenya
Local Time 2:43 PM Africa / Nairobi
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 10 million for 16.5% annual interest, 5 years (Native Currency: USD 10,000,000)
Reason: Owners are open to both debt and equity funding. Stake offered will be up to 30% equity (negotiable)... View More
Collateral Available: USD 50 million
Includes physical assets worth USD 50 million
Interested to connect with advisors
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Business Name
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Documents
Mall
Residences
Hotel
Beach Resort
Business Overview
Clients: 50+ tenants across projects, including anchor tenants like Hyermarkets and corporate clients like banks and hospitals.
40% of the mall is already complete and generating revenue.
Revenue model: Rental income (70% pre-leased), service charges, parking fees.
Rental details: Avg. USD 1.4/sqft/month (shops), USD 0.50/sqft/month (parking).
Promoter experience: 10+ years in Nairobi commercial real estate; delivered KS Mall.
Company utilizes contract staff for on-site constrcution activites.
Products & Services Overview
Product: Premium retail/office spaces in mixed-use developments.
Users: Retailers, service providers and corporate tenants.
How: Long-term leases with fixed rents + service charges; curated tenant mix to drive foot traffic.
Assets Overview
Land and buildings valued at ~ USD 50 million.
Minor assets: Furniture, equipment.
Intangible assets include tenant leases and corporate bonds.
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Facilities Overview
Built-Up area: Owned total space of 13,850 sqm (9,383 sqm lettable) in Kenya.
Floors: 6 (basement parking + 5 levels).
Capitalization Overview
Ploughed back profits and loan debt.
2 shareholders, 100% privately held.
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19 Investors viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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