Sharing Formula—64% for Developer & 36% for property owner
Premium: #1.3b net
Proposal—28 floor highrise comprising of 50 units :
*30 units of 4 bedroom apartments
*16 units of 5 bedroom apartments
*4 units of 5 bedroom penthouses
Facilitator's Fee : 10% of the land value.(negotiable)
Construction company to be used for the construction:
* EL-ALAN CONSTRUCTION COMPANY LTD
OR
*CAPPA & D’ALBERTO PLC
JOINT VENTURE, IKOYI
Location—Bourdillon Road, Ikoyi.
Land Size—2,281sqm
Land Value:—#4.5m/sqm
Land Title—Fed C of O
Proposal—19 floors : 34 units comprising of 32 units of 4 bedroom apartments & 2 units of 5 bedroom penthouses
Sharing Formula:developer-60% land owner—40%
Premium: #1.1b Net
Facilitator's Fee : 10% of the land value
Construction Company to be used for the construction:
*EL-ALAN CONSTRUCTION COMPANY LTD
OR
*CAPPA & D’ALBERTO PLC.
Ifya
@all/ chimereze
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