LandWey Announces Delay in Completion of Its Residential Projects in Lagos

LandWey Investment Limited, one of Nigeria’s leading residential developers, has announced delays in the delivery of its residential projects in Lagos, Nigeria.

The developer, known for its commitment to delivering quality housing solutions, explained in a statement yesterday, that it encountered unforeseen hurdles that have caused delays in the completion of some of its ambitious residential projects due to challenges posed by the country’s fluctuating economic factors.

The company, in the statement noted that it had initially set, “an optimistic timeline for the completion of the projects, but various economic factors, including the impact of the COVID-19 pandemic amongst others, have hindered their progress.”

The real estate firm further noted that despite these setbacks, it has demonstrated commendable transparency and has been in constant communication with its valued clients throughout the process.

According to the statement,  “With an unwavering commitment to client satisfaction, LandWey has proactively offered different options for those who are unable to wait for the revised delivery timelines. By providing alternative solutions, the company has shown its dedication to meeting the needs and expectations of its clients.

“The first phase of the projects have already been successfully delivered, showcasing LandWey’s ability to fulfil its promises. Currently, the second and third phases are in progress, and LandWey remains determined to complete them in a timely manner.

“We understand the concerns of our clients and deeply regret any inconvenience caused by the delays.

“We want to assure our clients that we are doing everything in our power to mitigate the impact of the economic fluctuations and expedite the completion of the remaining phases.

“LandWey’s approach to open and transparent communication has helped foster trust and understanding between the company and its clients. Regular updates have been provided, keeping stakeholders well-informed of the progress made and the challenges faced along the way.”

It added: “While economic fluctuations are beyond the control of any organisation, LandWey’s resilience and commitment to customer satisfaction shines through in their proactive measures and constant engagement.

“Our efforts to address the delays head-on and provide alternative options demonstrate our unwavering dedication to our clients.

“As LandWey continues to forge ahead with its residential projects, we remain optimistic about overcoming the current challenges, as the Nigerian economy stabilises and external factors become more favorable.

“With this determination, and our track record of successful project deliveries and ongoing commitment to excellence, LandWey is poised to emerge from this period of delays, delivering value to its clientele and making significant contributions to Nigeria’s real estate sector.”