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Advisory Projects

Over the last decade, we have successfully delivered over 30 commercial real estate projects, including hotel advisory projects, and raised close to US$210 million in debt and US$170 million in equity for various projects across Africa within the past two years. Our core focus is on delivering a 94% success rate for our partners who trust us with their hotel projects. We have achieved this through market-led data research, a global link to funding institutions, strong partnerships with leading regional and international hotel brand operators, and a deep understanding of the African hotel development landscape, with a pipeline of approximately US$450 million across Africa.

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Luxury Hotel with MUD
Crown Jewel Marina Bay, Nigeria

Feasibility, Concept Development, Brand Operator Signing, Capital Raising Mandate 

A 245-key, twin-tower, luxury hotel & 192 residence development project with mixed-use development component in Victoria Island, Lagos, Nigeria, with an additional 50 ultra luxury branded residences to be sold off to discerning individual owners.

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Novotel MMIA
Lagos, Nigeria

Feasibility, Concept Development, Brand Operator Signing, Capital Raising Mandate 

A 250-key, upscale airport hotel and conference center facility within the Muhammad Murtala International Airport in Lagos, Nigeria, within 100 meters of the International arrival and departure, managed by Accor under the Novotel brand.

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Address 51
Ikeja GRA, NG

Feasibility, Concept Development, Brand Operator Signing, Capital Raising Mandate 

A 135-key, Upper-midscale extended stay/ aparthotel in the heart of Ikeja, GRA, with a co-working space, proximity to demand-generating markets, and the MMIA, with apartment-style studios with kitchenette and concierge services.

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Hyatt Regency
Abuja, Nigeria

Capital Raising Mandate - Private Equity & Debt

A 145 key, US$43 million Upper-upscale full-service greenfield hotel project mandated to carry out an update on the market and financial feasibility and raise capital (equity) for the project completion which is currently at 40%, EOD 2026.

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Kotoka International Airport Hotel, Accra, GH

Feasibility, Capital Raise & Hotel Operator Selection

A 252 key, US$81 million Upscale full-service greenfield MUD with a hotel, branded resi & retail project mandated to carry out a market and financial feasibility, operator search, negotiation and signing, and successful equity capital raised. EOD 2028.

Sandton 131 west street

131 West Street, Sandton
Jhb, RSA

Feasibility & Capital Raise for Debt & Equity

A US$400 million ultra-luxury MUD with a hotel, branded serviced apartments, and a vibrant retail fashion district development nestled in the heart of Sandton, Johannesburg, this MUD marvel defines sophistication in Africa’s most exclusive square mile.

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Luxury branded Residences , Lagos, Nigeria

Feasibility, Brand Operator Selection & Capital Raise

135 key extended stay concept market and financial feasibility, international brand operator selection, and signing and capital raising mandate. Our feasibility study led to the conceptualization of the project, facilitating ease in attracting funding.

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Hilton Garden Inn & Embassy Suites by Hilton

Capital Raising & Hotel Brand Operator

The first dual-branded hotel in a bustling city with both standard rooms and branded services apartments, a 1,000 pax conference capacity within key demand generators, govt office, diplomatic community and the international airport.

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The Ocean Pearl
Zanzibar, TZ

Capital Raise & Brand Operator Signing

A 238 keys, US$ 71 Million project, a first-of-its-kind luxury resort & residence development in the virgin beaches of Zanzibar, where we delivered a bankable feasibility, international brand operator signing, and capital raising mandate -

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The Movenpick Hotel
Addis Ababa, Ethiopia

Capital Raise & Brand Operator Signing

A 229 key hotel development project, with a world-class ballroom barely 8 mins drive from the Airport, where we delivering a debt facility to finish the hotel and sign the brand operator to manage the hotel adjacent to the stadium.

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Park Inn by Radisson
Kigali, Rwanda

Confidential Hotel Sale Mandate - Seller side

Hotel Sale Mandate - 161 keys international brand operator, confidential ticket price, carried our a market repositioning for the hotel partnered with a sale strategy for the hotel located in the urban prominade of Kigali city centre.

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Wabe Shebelle Hotel
Addis Ababa, Ethiopia

Rebrand, Renovation & Capital Raise

Located strategically in downtown Addis CBD, this 116 key hotel built in the late 60s required a repositioning to improve its performance and ROI. A detailed renovation and rebranding to an international brand operator covered by debt.

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Sandton 2.1.9.6 & Sandton Oasis, Jhb, RSA

Hotel Brand Operator Selection & Capital Raise

210 key Hotel & 156 key serviced apartment brand operator selection -A world-class project with 3 acres of lifestyle in the heart of Sandton’s financial district: We managed to sign an international luxury brand operator spearheading its first location in Africa

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Emara by Olesereni,
Nairobi, Kenya

Confidential Transaction Advisory

Nairobi's leading lifestyle conference hotel has 148 well-appointed rooms and conference facilities of up to 400 pax, and it is within 10 minutes of JKIA, overlooking Nairobi National Park. Our mandate is a confidential transaction advisory for the owner side.

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The Grand Hotel,
Abidjan, Côte d'Ivoire

Succesful Capital Raise & Hotel Operator Selection

300 key Upscale hotel development project mandated to carry out the feasibility study for the project, sign and international brand operator and successfully raised US$ 34 million mix of debt and equity for the development of the project.

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Park City & Sky Plaza, 
Accra, Ghana

Feasibility Study, Concept Development & Capital Raise

Mixed-use development with grade-A office spaces with ample parking, a shopping district, and an American restaurant franchise brand, with 74 branded serviced apartments managed by an international brand. 

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Almadies Royal
Dakar, Senegal

Successful Capital Raise, Brand Operator Signing

A 145-key US$ 52 million upscale resort on the shores of Dakar, successfully closed US$ 36 million equity covering the shortfall required for project collection and securing a local mezzanine facility with suitable rates. Signed by an International brand operator.

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Somerset Residence Admiralty Way, Lagos, NG

Confidential Transaction Advisory - Buyer side

A 135-key hotel & residences conveniently tucked in the premium promenade in Lekki Phase 1, Off Admiralty Way, Lagos, Nigeria. With premium guest amenities, a wellness Spa, executive business lounge and managed by the world-renowned Ascott brand.

Connect with Ankara & Lustar

Are you stuck with your hotel development project or need funding or an international or regional brand operator? Or you want to sell your hotel?

Get in touch with us today

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