Project Elevator Pitch
Confidential · For registered investors
Issued
2026-09-11
WIT001
South Africa · Commercial RE
Witbank 4-Star Hotel Project | South Africa
Commercial RE
Hospitality
Hotels/Resorts
Leisure/Recreation
Capital Sought
USD 15,000,000
Spent to date
USD 1,000,000
Country
South Africa
Repayment
Independent and credible feasibility study · Operations & Management Agreement · Other Off-Take Agreement
Submission Ready Indicators
LTV Expectation
100%
Land / Site
Owned
EPC Contracts
Signed
Off-take Agreements
Signed
Projections
Completed and available
This opportunity qualifies for Internationally A+-rated Insurance Wrap — elevating the debt element of project financing through the Lloyds-of-London insurance market.
About this opportunity
The proposed brand to be used is a Marriott brand, that is well known to South Africa, and will operate in the 4-star grading rating - A contract with Marriott has already been signed. The brand chosen is not currently in the area of Witbank and the nearest being some 210km from the site.
The proposed hotel will consist, in total, of 128 rooms and the site is situated within one of the busiest shopping centres, not only in Witbank, but in the surrounds. Bringing with it many added advantages.
The IDC of South Africa has already expressed its interest in funding 50% of the project, through equity funding - and so, the current owner and developer would be seeking a further 50% equity funder. The option for 100% is also available to the funding party.
Five-year projections
All figures in USD| USD | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Turnover | 3 612 466 | 4 462 124 | 5 168 770 | 5 972 124 | 6 884 460 |
| EBITDA | 1 459 941 | 2 072 214 | 2 509 387 | 3 057 841 | 3 637 933 |
| Margin % | 40,4% | 46,4% | 48,6% | 51,2% | 52,8% |
PFX registered investors were provided with the dataroom for this project prior to listing.
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Confidential — PFX Registered Investors Only · Not for redistribution
PFX / WIT001 / 2026-09-11