Sanwo-Olu and Abiodun pledge support as company unveils Okotie-Eboh co-ownership
Governor Babajide Sanwo-Olu and his Ogun State counterpart, Dapo Abiodun, pledged to support real estate development, saying their governments will continue to ensure that beautiful buildings are erected to stimulate wealth creation and welfare in both states.
The duo spoke as Brookstone Property, a real estate investment and development company, recently opened Okotie-Eboh Overlook Condominium located in Ikoyi, Lagos.
Besides Sanwo-Olu, who was represented by his Special Adviser on Housing, Toke Benson and Abiodun, other dignitaries who attended the event include ex-Governor James Ibori of Delta State; Chairman and Founder of Dangote Group, Alhaji Aliko Dangote; and Olu Atuwatse III Utieyinoritsetsola Emiko, the Olu of Warri.
The Okotie-Eboh Overlook Condominium, inspired by American-style condos, is named after the late Nigerian parliamentarian and businessman, Chief Festus Samuel Okotie-Eboh.
The luxurious nine-story condominium includes 22 two- and three-bedroom apartments and three-bedroom duplexes.
Benson, speaking on behalf of Sanwo-Olu, reiterated the state government’s commitment to forging productive partnerships with private development companies.
He said, “The state government is committed to partnering with development corporations and real estate companies to erect beautiful buildings across the state to create opportunities for wealth creation and stimulate the necessary economic growth. We understand that there are challenges that impact developments across the state. However, we are committed to addressing these challenges to make Lagos State the destination of choice for real estate development and tourism,”
Abiodun, who performed the pivotal function of turning on the lights for the Okotie-Eboh Overlook Condominium, said, “I am delighted to light this beautiful building which has been tastefully constructed to meet the class and style of international standard installation. I hope this will signal the dawn of new construction of this nature by developers and I am sure it will create more jobs for unemployed young people.
Speaking at the event, a Managing Partner of Brookstone Property, Mr Joe Orji said the facility would raise the bar for luxury living in Lagos State.
He said, “We are delighted to unveil the largest of our luxury real estate properties in Nigeria and truly proud of the hard work the entire team has put into making the dream come true. The Okotie-Eboh Overlook Condominium is at the forefront of luxury living in Lagos State and we have built a facility that is available to owners at a rate that provides them with an excellent return on investment.
In his remarks, a managing partner of Brookstone Property, Mr Emmanuel Atureta, described the project as a holdover from the late Okotie-Eboh.
“The overlooked condominium is a legacy for the late nationalist and shrewd businessman, Chief Festus Samuel Okotie-Eboh. We have carefully chosen this place which is in a street that bears his name and inaugurated the day he left the world. With this installation, we are committed to reshaping people’s ideology of what luxury is and very friendly rates that allow people to build wealth with their investments in real estate,” he said. .
The multi-million dollar condo is also equipped with video access capabilities, an open terrace, a king-size swimming pool and is located between two of Ikoyi’s most prominent social/recreational facilities, the Ikoyi Club 1938 and the Lagos Polo Club.
According to the company, construction of the condominium began in July 2018 with the development designed by internationally renowned design firm ANA Designs.
The company also said that the Okotie-Eboh condominium was conceptualized with the aim of setting a benchmark in the real estate industry with its unparalleled views of an 18-hole golf course and international polo grounds, residences with standard grade A finishes and superb common equipment. , and large living spaces with attention to detail on the most efficient layouts.
All rights reserved. This material and any other digital content on this website may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without the prior express written permission of PUNCH.
Contact: [email protected]