Wemabod, others partner to develop iconic projects in Lagos

Determined to provide Nigerians access to world-class amenities, Wemabod Limited, a leading real estate developer and a subsidiary of Odu’a Investment Company Limited, has signed a strategic joint venture with two companies.

The partnership will see Wemabod Limited, El Salem Nigeria Limited and Trans Fortress Global Resources develop two iconic projects in Lagos: a luxury residential development in Ikoyi and a dynamic commercial hub in Ikeja.

According to the companies, the residential project, located at 18C Lugard Avenue, Ikoyi, will set a new standard for upscale living in the city. The development promises to offer residents unparalleled luxury, sophistication, and access to world-class amenities.

Similarly, the joint venture will revitalise Awolowo House, Ikeja, transforming it into a modern and efficient commercial hub. The project will cater to the evolving needs of businesses in Lagos with cutting-edge infrastructure and a focus on sustainability.

Speaking on the significance of the partnership, Chairman, board of directors, Wemabod, Engr. Nureni Adisa, said the joint venture represents a major milestone in Wemabod’s commitment to delivering innovative, high-impact projects that elevate the standard of urban development in Nigeria.

According to Adisa, partnering with El Salem Nigeria Limited and Trans Fortress Global Resources allows us to combine strengths and resources to achieve remarkable results.

Also speaking at the event, Engr. Kehinde Akinola, who represents Lagos State on the Board and serves as chairman of the Finance and Project Committee, said the projects will create several opportunities and enhance lives.
“This partnership aligns with Lagos State’s vision for sustainable and inclusive development,” Akinola said.

On his part, Otunba Oluseyi Oduntan, a director representing Ogun State on the board and chairman of the Investment, Business, and Marketing Committee, said Wemabod has always been at the forefront of innovation in real estate.

Oduntan said the developments signify a new chapter in the company’s journey to delivering projects that create economic value and improve communities.

The partnership brings together expertise and shared values, emphasising sustainability, quality, and innovation. The residential development at 18C Lugard Avenue, Ikoyi, will set new standards for luxury living. In contrast, the commercial development at Awolowo House, Ikeja, will cater to modern business needs with state-of-the-art infrastructure.

Wemabod Limited, a subsidiary of Odu’a Investment Company Limited, is a premier real estate firm in Nigeria. Renowned for excellence in property development, the company is dedicated to delivering innovative and impactful projects that drive economic growth and enhance communities.