Afriland developing five premium properties in Lagos, Abuja, PH
Afriland Properties Plc. said it has embarked on the development of five projects with bespoke facilities.
Mrs Uzo Oshogwe, Managing Director/CEO of the firm, in a statement on Friday described the assets as signature projects guaranteed to delight stakeholders and investors in the sector.
Oshogwe stated that the assets were designed as premium quality and low maintenance buildings with great focus on sustainability.
Mrs Tokunbo Lawal, Director Facilities and Property Management, Afriland Properties, elaborated on the five assets, being built.
“The Emporium, Trans-Amadi is a multipurpose facility set in the Garden City, Port-Harcourt and upon completion will provide a 917sqm space fitted with first-class amenities for retail or office purposes.
“The Rouge by Afriland is a luxurious multi-storey residential project ongoing at Old Ikoyi, with a collection of 13 luxury apartments, comprising 2-bedroom, 3-bedroom, and 4-bedroom penthouses with a spectacular view.
“Iris Courts at Ikeja is a residential facility intentionally designed for the modern-day professional and middle-income earners.
“It comprises aesthetically appealing and functional apartment units that are highly sustainable and high-yielding investments.
“Afriland Estate, Abuja, is Afriland’s first estate development. The fully residential neighborhood is located in Karmo and will offer a one-stop smart community with all the modern amenities guaranteed to ensure comfort, class, and self-sustenance.
“The suburbs are not left out with the development of Afrishops Phase 2 in Abule Egba, Lagos.
“This multipurpose complex will upon completion occupy 21 shop units and 6 office units. Each office space has inbuilt restrooms and high-quality finishing,” she said.
Lawal stated that Afriland designed each of the facilities to provide maximum comfort, flexibility, and returns on investment using the latest technology that would reduce carbon emissions and environmental pollution.
Afriland Properties Plc, is a property management, investment, and development company, offering end-to-end services along the real estate value chain, from management to joint-venture investments.
With a portfolio size of over N10 billion and one of the largest land banks in Nigeria, Afriland is pioneering the opportunities presented by an institutional approach to real estate, serving niche markets throughout Africa.
Afriland Properties is a subsidiary of Heirs Holdings Group, owned by businesses tycoon, Mr Tony Elumelu.
The leading real estate firm renovated the former Raymond House, now Afriland Towers, on Broad Street,Lagos and also played a major role in the construction of Heirs Towers at Victoria Island