Investment Committee Dashboard
Final investment decision support for Wanderers Sportsplex R1.2B redevelopment
IC DECISION PENDING
Investment Readiness Index (IRI)
87%
Overall Score
92%
financial
88%
governance
85%
social
84%
operational
81%
risk
Investment Recommendation
APPROVE
Project meets all financial, governance, and social readiness thresholds. Recommend approval with standard monitoring conditions.
CONDITIONAL
Approve subject to insurance arrangements completion and enhanced interest rate hedging to 85%.
DECLINE
Not recommended. All critical metrics within acceptable ranges.
Recommended Conditions
Insurance Completion (Within 30 days)
All builder's risk and liability insurance must be executed prior to first drawdown
Enhanced Interest Rate Hedging (85% coverage)
Increase hedged portion from 70% to 85% to reduce sensitivity to rate volatility
Quarterly Social Adoption Reporting
Mandatory quarterly reporting on community participation metrics and retention rates
Investment Thesis
- Strong financial fundamentals: DSCR 1.85x (base), 1.32x (stress)
- Proven governance: 135+ year institutional track record
- Demand certainty: 14 anchor schools, 3,200 pre-registrations
- Social sustainability: 85% participation readiness score
- Impact efficiency: R1M invested = 15 jobs + 800 youth hours/year
Key Risks & Mitigation
- Construction: Fixed EPC + R47M contingency (7.8%)
- Demand: Pre-committed anchors + 18-month activation
- Rate Volatility: 70% fixed/hedged (recommend 85%)
- Social Adoption: Community steering + trust mechanisms