Flagship Transaction
East Africa’s Premier Technology Investment Address. A US$28 million six-storey mixed-use GreenTech Tower at the main entrance of Kigali Innovation City, within Rwanda’s RDB Free Trade Zone.
Investment
Independent feasibility validation by Knight Frank · Q1 2026
Participation
The Apex is structured to accommodate different types of capital. Terms, minimums and timelines are discussed directly — speak to our team about the route that fits your mandate.
A minority equity tranche in the Citisquare SPV, structured for DFIs, impact funds, Africa-focused private equity, and sovereign or pension capital. EDGE/LEED certification unlocks green-bond eligibility and ESG-mandated allocations.
A structured co-investment vehicle for diaspora and individual investors, mirroring how RDB finances Kigali Innovation City itself. Title and investor instruments are held by an independent trustee.
Serviced apartments and premium residences on the upper floors, sold off-plan on milestone payments. Suited to diaspora buyers, high-net-worth individuals and international purchasers.
The Apex
A tenant’s savings on corporate tax, import duties, and registration fees inside the RDB Free Trade Zone directly subsidise their ability to pay premium rent — and stay longer. This arithmetic is unavailable to any building outside the zone. That is Citisquare’s rental income security.
Sole main-entrance building in KIC. No competitor can build an equivalent position. Scarcity premium is structural and permanent.
Corporate tax relief, duty waivers, and registration benefits translate directly into tenant rent capacity and lease longevity.
CMU Africa, BioNTech, ALU, AIMS, UR-CST, Kofisi. Best-in-class co-tenancy that no competitor can replicate.
EDGE/LEED certification unlocks green-bond eligibility and ESG-mandated capital — a cost-of-capital multiplier unavailable to standard assets.
Location
The sole building at the main entrance to Kigali Innovation City — within the RDB Free Trade Zone. No competitor can replicate this position.
The Tower sits at the sole access point to KIC’s 61-hectare campus. Every institution, investor, and visitor passes it first.
SEZ incentives: corporate tax relief, import duty waivers, streamlined business registration — structural, not incidental.
Carnegie Mellon Africa, ALU, BioNTech, AIMS, UR-CST, Kofisi — all within walking distance from The Apex.
No future developer can claim this address. First-mover structural advantage, fortified by sovereign policy.
The Site
Proposed development
Proposed development
Proposed developmentThe Building
The Apex is a state-of-the-art, six-storey mixed-use technology and innovation hub strategically located within the master-planned Kigali Innovation City. Engineered to foster collaboration, accelerate innovation, and support sustainable growth for startups, researchers, investors, and tech professionals.
Kigali Innovation City represents Rwanda’s flagship innovation ecosystem — synergizing globally recognized universities, cutting-edge research institutions, and innovation-driven enterprises within a collaborative, smart city framework.
Facilities
Revenue
Recurring cash flow against debt service
Anchors: DFIs, multinationals, corporates
Pre-sales retire construction debt during build phase
Diaspora, HNWI, international, expat tenants
Yield that scales automatically with occupancy & footfall
F&B and retail operators
Protects renewal rates across all tenant segments
All tenant and owner segments
Multiplier — improves revenue AND cost of capital
ESG tenants and impact investors
Market Context
This is not speculation on an emerging market — it is the strategic acquisition of a monopoly-like position within Africa’s most disciplined economic zone.
NST2 (2024–2029) targets 9.3% GDP growth, raising private investment to 21.5% of GDP and creating over 1.25 million jobs. Capital is already deployed behind this — it is not aspirational.
KIC alone is projected to create 50,000 jobs, generate $150M in annual ICT exports, and attract $300M FDI. Africa50 commits $400M — focused primarily on real estate, including $315M in commercial complexes.
Kigali delivers 9.3% residential, 10.8% office, and 12.3% retail yields — outperforming most comparable Sub-Saharan African markets. Rwanda ranks top in Africa for ease of doing business.
Risk
KSEZ location · Rwanda digital land registry (RLMUA) provides verifiable, encumbrance-free title
RDB Investment Certificate documents state commitment · Rwanda — 15 consecutive years of GDP growth
Rwanda Investment Code guarantees profit and capital repatriation
Milestone-based capital calls · independent QS sign-off · DFI-underwritten completion guarantee
Anchor pre-leasing before vertical construction · broad marketing opens at 70% pre-committed
Anchor targets: DFIs, multinationals, embassies · 10+ year lease tenors · LOI before debt drawn
$40.7M independent feasibility — Q1 2026
25-year experienced Project Director engaged
Nigeria · Rwanda · USA registered entities
Nigeria · Rwanda · United States
Ecosystem
Institutional neighbours already committed and already building — within walking distance of The Apex.
Delivery
Development team and delivery partners. Project management consultancy: Broll Project & Development Services.
Kigali Innovation City (KIC)
Citisquare Africa
Broll — Project Director with 25 years’ experience, senior project manager, cost manager and planning team.
Lead design consultant with architect, interior designer, structural and civil engineers, service engineers and sustainability consultant.
Shelter Group, with subcontractors and direct suppliers.
Broll, CBRE, Century Real Estate and Knight Frank. Independent valuation by Knight Frank.
Programme
Outline delivery programme and milestones. Timeline is dependent on asset type and size.
Strategic definition, preparation and briefing, concept design, spatial coordination and technical design. Design duration including concept design: 9–12 months.
Statutory approvals including EIA and licences, appointment of design team and lead design consultant, and procurement of long-lead equipment: 9–12 weeks.
Base build followed by fit-out. Total construction duration: 15–20 months.
Exit
Year 7–10. 90%+ NLA leased on long tenors, retail fully leased, apartments sold, with the scarcity premium reflected in pricing. Counterparties: Africa-focused infrastructure funds.
Year 7–10. Preferred while Kigali prime yields are still compressing. Citisquare retains ownership and compounds rental income.
Year 8–12. EDGE/LEED and ESG documentation, built in from day one, make the tower eligible for green-property listed vehicles.
Ongoing. Citisquare manages resale, keeping transactions in-ecosystem, earning a transaction fee and providing buyer liquidity assurance.
Enquire
The full investor pack covers capital structure and financing, debt repayment capacity, anchor tenant and equity strategy, and the independent building valuation. Tell us where to send it and a member of our team will follow up.
Kigali Innovation City
RDB Free Trade Zone, Rwanda
1226A Ahmadu Bello Way
Victoria Island, Lagos, Nigeria
Book a 30-minute call with our team to discuss participation, structure and timelines for The Apex.
Book a 30-minute call
Real estate investment consultancy developing landmark assets at the intersection of sovereign policy, innovation ecosystems, and institutional capital.
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