Joint Venture Property from Leviticus Properties

Joint venture, ikoyi* speaking to mandate location---bourdillon road, ikoyi land size-4,417sqm land value-#4.5m/sqm land title---fed c of o 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 ...

Terms & conditions for joint venture partnership at bourdillon road, ikoyi, lagos. prospective partner: a proven capable financier & developer for the construction of high density/high-rise top notch luxury apartments. plot size: 2281m2. title: federal government certificate of occupancy. value of the land: n3.5m/m2. type of development: high density/high-rise mix of 26 units of contemporary top luxury 4-bedroom maisonettes & 6 units 4/5-bedroom penthouses with modern facilities & amenities. height: permissible by lasg building authorities but without crowding... architects: paradigm/rumis. (developers may present their designs but if both parties disagree on the designs, it will be outsourced to paradigm/rumis.) construction firm: elalan, cappa & d'alberto, al mansour, etc. in-house builders will be considered if the standard/portfolio (in ikoyi) matches those of the preferred grade a contractors. sharing formula: developer 65%/landowner 35%. premium: n900m net ( deductible from proceeds from the sale of one of landowners' maisonettes). proof of availability of funds to start & finish the project (eg., bank statement or guarantee or whatever the institution you plan to use). detailed finishing documents. facilitators' fee: 10% of land value (ne...

Just out: 4000sqms joint venture development without premium @bourdillon, ikoyi: developer can build up to 15floors & above size: 4000sqms value: ₦12billion. title: fed cofo. proposal: open. sharing ratio: 60/40. premium: nil. facilitator's fee: 1...