GEM TOWER

GEM Tower is a landmark 10-storey mixed-use development located on Ring Road Central, Accra — the city's primary commercial artery. The development combines:

• **Hotel Floors (1-4):** 80-key boutique business hotel targeting expatriates and corporate travellers, commanding $150-200/night ADR.

• **Grade-A Office Space (5-7):** 24,000 sq ft of premium leasable office floors, with tenant commitments already being explored from multinationals.

• **Retail Podium (Ground + Mezzanine):** High-street retail units and food & beverage outlets anchored by a flagship tenant.

• **Residential Penthouses (8-10):** 12 luxury apartments targeting diaspora buyers and senior executives.

The project targets a stabilised net yield of 11.2% per annum with an 18.4% unlevered IRR based on conservative assumptions including 75% average hotel occupancy and $28/sqft annual office rents.