Odu’a Investment Company Limited and Aerofield Homes Limited have reached a partnership agreement to develop 54-unit luxury residential apartments in Government Reserved Area (GRA) Ikeja, Lagos.
The project called, ‘Aurora Westlink Estate’ consists of residential apartments on approximately 11,000 square metres, and made up of a terrace, penthouse, maisonette apartments and a room boy’s quarter.
Facilities include a security package encompassing a gated community, 24/7 security personnel, advanced access control systems, constant power supply and collaborative neighbourhood security efforts, among others.
Speaking at the groundbreaking of the project, the Odu’a Group Chairman, Bimbo Ashiru, said the group has been upgrading its business network and subsidiaries, as well as focusing on real estate assets to align with industry standards.
Ashiru said with numerous ongoing projects and strategic partnerships, it plans to develop over 1,000 homes in three years in various locations of the country.
He disclosed that the group has upgraded and optimised existing assets with the Cocoa House, Aje House, Western House, Unity House, Awolowo Glass House, and Lagos Airport Hotel with many others.
“In line with our strategic intent for real estate, we have brought in Wemabod Limited, with its 62 years of expertise to be instrumental in the development of the Aurora-Westlink Estate and other projects. We want you to invest in our real estate developments and explore opportunities across various sectors,” he said.
Ashiru assured subscribers that the company would not compromise on standards in the project delivery, and pledged to deliver sustainable returns and manage risks effectively.
Managing Director/Chief Executive Officer, WEMABOD Limited, Mr Yemi Ejidiran, said the first phase of the Aurora Westlink Estate is a premium residential development comprising 40 units sitting on about 7,400 square metres of land. It has 20 units of three-bedroom terrace apartments, eight units of three-bedroom Maisonettes, eight units of four, and three-bedroom penthouses with guest chalets.
The second phase will sit on about 3,717 sqm of land parcel and comprise 14 units of apartments of various typologies and expansive recreational facilities, as well as a swimming pool, football pitch, basketball court convertible to lawn tennis court and children’s playground.
He explained that the two phases of the development are imbued with exquisite quality finishing standards, which are meticulously planned to express a knack for quality luxury products.
Also speaking, the Group Managing Director, Odu’a Investment Company Limited, Adewale Raji, anticipates improved efficiency, enhanced market positioning, and accelerated growth in the real estate sector.
Earlier, the Managing Director, Aerofield Homes Limited, Armstrong Akintunde, represented by Adetomiwa Adefilewa, urged Nigerians to take advantage of the project by investing in residential property as an edge against inflation.
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