Afriland Properties Plc. says its five projects that are ongoing across the country are designed to offer value to emerging markets and change the face of real estate sector in Nigeria.
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.
She noted that the assets were versatile and encouraged flexibility of expression for consumers and investors.
“As a purpose-driven organisation with values anchored around excellence, execution, and enterprise, we are very intentional about our real estate offerings.
“COVID-19 has greatly affected the way we live, work and play; consequently,the consumer pattern has greatly changed to reflect present-day demands.
“Our ongoing projects will offer value to emerging markets,” she said.
Mrs Tokunbo Lawal, Director Facilities and Property Management, Afriland Properties, also said that the real estate company would soon roll out five real estate assets.
According to Lawal, the estates are built with novel technology and expert craftsmanship that will offer high yield on investment and value to subscribers.
She noted that the assets would heighten user satisfaction and set a new standard for the real estate industry in the country.
“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 multistorey 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.
The News Agency of Nigeria (NAN) reports that 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 an investee company of the 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.
(NAN)
