The sharp drop in the number of commercial properties in Nigeria reflects the country’s overall deterioration. The failure of the same commercial properties in Nigeria did not deter subsequent investment in commercial property development in Nigeria.
The lack of skilled professionals to handle commercial property management is the first main impediment to commercial property management in general. Maintenance is an essential component of property management since it ensures a property’s physical life span. For a property to survive for generations and not become economically obsolete, it must be maintained.
Meristem Securities Bureau Building
Meristem Securities Bureau Building is a commercial construction by Meristem, located at No 20A Gerrard Road, Ikoyi, Lagos, in the premium location of Ikoyi. There are various high-end business developments and luxury residential structures in this region. UACL Properties Limited’s 27 Glover Road, Dayspring Property Development Company’s Famfa Oil Tower, African Capital Alliance’s Alliance Place, Foreshore Towers, and James Cubbitt Developments’ The Rubicon are just a few of the commercial buildings in the neighborhood. The structure is a 9-story building that will serve as Meristem and Investment Bank headquarters.
The project team members are as follows:
El-Alan Construction Company Nig. Ltd is the main contractor EMMS-UfA as the project’s structural engineer. Profica is the Project Manager, OJ&T Consulting is the electrical engineer, FOAB Partnership is the Quantity Surveyor, and Nairda is the MEP Engineer.
Building Description
Site Area: 2485sqm
Typology: Commercial – Office Building Floor Plate: 900sqm
Total no of floors: G + 6
Stage: Built
Location: Ikoyi
No. 4 Bourdillon
4 Bourdillon is a joint venture between Kaizen Properties; Nigeria’s top FMCG company with names including CHIVITA and HOLLANDIA, among others) and El-Alan Group. The TGI Group and the El-Alan Group have a combined 75-year track record of success in Nigeria and abroad. This partnership ensures the timely delivery of 4 Bourdillon, which will give you the luxurious lifestyle you deserve. 4 Bourdillon is the tallest residential building in the Ikoyi LGA.The building is a Twin Tower with 41 Units of 3 and 4 Bedroom Flats, 5 Bedroom Duplex Flats, and Duplex Penthouses with lush flora, water bodies, swimming pools, tennis court, gym, and clubhouse with adequate underground parking and breath-taking views, located at 4, Bourdillon Road, Ikoyi.
Elalan Construction delivers outstanding building services with a premium design and finishing criteria to suit our customers’ opulent lifestyle requirements across every part of this project. From design to delivery, there is a focus on innovation, foresight, integrity, and aggressive performance, which is what to expect from 4 Bourdillon.
Building Description
Site Area:
Typology: Residential Total no of floors: G + 24 Stage: Built
Location: Ikoyi
BEDROOM TYPES
3 Bedroom apartments: 510sqm
4 Bedroom apartments: 584sqm
4 bedroom duplex apartments: 969sqm
4 bedroom penthouse apartments: 967sqm and 1,137sqm
FACILITIES
Tennis court
Swimming pool: water cascade Children swimming pool
Entrance cascade
Clubhouse
Leisure room
Outdoor children area
Gymnasium
Utilities
Gatehouse
Reception lobby
Panoramic lifts
Service and goods lifts
Gardens
Underground parking for all resident External visitors parking