Landmark Waterview Apartments Open for Investments
Emma Okonji
The Landmark Waterview Apartments, a 28-storey high-rise building located at the heart of Lagos, is open for investments from people from all walks of life who are concerned about living in a conducive environment, where they can grow their business, enjoy leisure and good lifestyle.
Designed for people to live, work and play in one location, the Landmark Waterview Apartments give access to over 150,000 square metres of ocean-front property in the Landmark Lagos ecosystem.
The development comes with studio apartments, one bedroom apartments, two bedroom apartments, three bedroom apartments and four bedroom apartments, and it is now selling at prices starting from $120,000 with a flexible payment system.
The Chief Executive Officer, Landmark Africa Group, Mr. Paul Onwuanibe, said the residents would enjoy the benefits of living in the commercial capital of Africa, while retiring to the tranquility of life by the sea without compromise. He advised everyone to invest in the future in order to live a very comfortable future life.
Speaking on the future of real estate development, with the title: ‘Real Estate-Boom or Bust’, Onwuanibe said developing personal building could be a herculean task with all its challenges, and advised that people should rather invest in property that has already been developed with all available amenities for their comfort. He said Nigeria was fast becoming an investment destination and that investing in real estate is a guarantee for future comfort.
Speaking at a panel session, where the need for investment in real estate was discussed, the Head, Real Estate Finance, West Africa, Stanbic IBTC Capital, Mr. Tola Akinhanmi, said the impact of real estate development in Nigeria and Africa, has been massive, with lots of benefits. He spoke about the benefits in the innovation of bringing the power of economics and corporate finance into real estate, adding that it gives opportunity for income and job creation.
Addressing the key consideration in real estate investment, Akinhanmi explained that several factors needed to be considered, which include the ability to attract investors, the asset type and characteristics as well as understanding the market and its value.
Another panelist, who is the Founding Partner, Health Capital, Dr. Ola Brown, talked about the possible features that people should look at when investing in real estate. She said lots of people want to invest, but do not know how to go about it. She however said the most profitable way to invest would be to invest in real estate business, which she said has huge returns on investments over time.
Global Chairman, TOLG, Mr. Michael Orimobi, who also featured in the panel session, advised real estate developers to put a good structure behind their business and get a good credit rating that will attract good funding from asset managers.
