Land joint venture
Life Camp, Abuja
Notice: *direct buyer communication only* (no agents- no mandates)
full video available
listing title
urgent jv opportunity --- 20 hectares, lifecamp (near brains & hammer city estate), abuja ---
sharing formula: land‑for‑equity (60:40)
overview
high‑priority joint‑venture (jv) invitation: 20 hectares of prime land in lifecamp, abuja --- a strategic development parcel close to brains estate and hammer city estate. the landowner is offering the site on a strict land‑for‑equity basis (no premium) and seeks a capable, experienced developer to partner on a commercial residential or mixed‑use scheme. the preferred sharing formula is 60:40 (developer : landowner) and tdp and site documentation will be available at the meeting. this opportunity is time‑sensitive --- only serious, qualified developers should apply.
property summary
- opportunity type: development joint venture (land‑for‑equity)
- location: lifecamp, abuja --- close to brains estate and hammer city estate
- size: 20 hectares (20.0 ha)
- proposed sharing formula: 60:40 (developer : landowner) --- owner is open to negotiate within this structure if justified by proposal
- premium: nil (no upfront premium requested)
- title / documentation: tdp and supporting site documentation will be available at the meeting (prospective partners should verify title and permits during due diligence)
- google pin: https://maps.app.goo.gl/2jkjbu5a8r32szle8?g_st=aw
why this opportunity
- exceptional scale in a highly regarded lifecamp corridor --- strong demand for residential, gated communities and mixed‑use projects in the area.
- proximity to established estates (brains, hammer city) increases attractiveness for middle‑high income housing, serviced plots or gated community concepts.
- no premium reduces initial cash burden and supports developer cashflow --- opportunity to structure attractive returns via equity/share of completed units or sales.
- owner seeks experienced developer only --- offers a fast, streamlined negotiation and meeting process for credible partners.
owner's proposition / development brief
- owner requests design and delivery of blocks or phased residential/mixed‑use development across the 20 ha site (concepts open --- developer to propose optimal density and product mix).
- emphasis on quality, market‑appropriate density (no overcrowding), adequate internal roads, drainage, utilities, and parking.
- developer expected to take lead on financing, design, approvals, construction and sales/marketing (specifics to be agreed in jv heads of terms).
who should respond
- experienced residential and mixed‑use developers with proven delivery track record in abuja/lagos corridor.
- institutional developers or consortiums able to fund pre‑development and construction phases.
- partners with capacity to manage approvals, infrastructure provision and project sales.
pre‑qualification requirements (documents to submit with loi)
to be considered for a meeting and site inspection the landowner requires (minimum):
1. letter of intent (loi) from the developer company expressing interest and proposed jv approach (see loi guidance below).
2. company profile and registration documents (rc, tin) including company address and principal officers.
3. evidence of financial capability (bank reference, audited accounts or proof of funds).
4. portfolio of previous projects (minimum 2--3 comparable developments; include photos and completion references).
5. high‑level concept note or development approach (indicative unit mix, programme, high level budget and expected return profile).
6. commitment to meet confidentiality and non‑disclosure terms (owner may require nda prior to detailed document release).
procedure / meeting process (owner's required steps)
1. submit loi with company profile and required documentation.
2. inspection: site visit and inspection by appointment only.
3. meeting: shortlisted developers attend meeting with the landowner to review tdp and discuss concept and commercial terms.
4. signing: agree heads of terms / memorandum of understanding (mou) and progress to detailed jv agreement and due diligence.
loi instructions (what to include)
- address loi to: the land owner
- include: company name; contact person & title; brief statement of interest; proposed jv approach (land for equity 60:40 acknowledgement); high‑level development concept; confirmation of ability to proceed to funding and approvals; list of requested documents (company profile, bank ref, previous projects).
- submit loi by email or deliver to the owner as instructed at the meeting request (owner will confirm receiving channel on initial enquiry).
heads of terms (suggested negotiation points)
- equity split and transfer mechanics (60:40 as starting point)
- development scope, unit allocation and sales strategy (who markets / sells completed units)
- cost recovery mechanism for construction costs and developer fees
- construction programme and milestone payments / retention schedule
- approvals responsibility and indemnities (planning, permits, taxes)
- dispute resolution and exit provisions
- insurance, warranties and defects liability period
due diligence checklist (recommended)
- verify title document(s) and chain of ownership (certificate of occupancy, deed of assignment, governor's consent if applicable)
- site survey, topographical plan and tdp (available at meeting)
- environmental and geotechnical studies (to be commissioned by developer prior to final sign‑off)
- check land use zoning, setbacks, coverage, permissible far and estate covenants (lifecamp local planning authority)
- confirm availability of utilities (water, power, road access) and any planned trunk infrastructure
commercial & practical notes
- owner requires only capable developers --- bring credible financials and project references.
- no premium is payable --- value is in the equity share and commercial arrangement.
- fast decision-making: owner expects developers to act quickly --- don't delay loi submission or inspection requests.
next steps & contact
- step 1: inspect location via google pin and confirm interest. google pin: https://maps.app.goo.gl/2jkjbu5a8r32szle8?g_st=aw
- step 2: prepare and send loi with required documents (as listed above).
- step 3: await shortlisting and invitation to site inspection and meeting.
- step 4: attend meeting; review tdp and negotiate heads of terms.
submit loi to:
the land owner20 hectares, lifecamp, abuja
(please note: the landowner will confirm the preferred email/contact point after initial expression of interest. serious developers only --- provide full company background and proof of capacity.)
urgency note
this opportunity is time‑sensitive and the owner has clearly instructed: "don't waste time --- be fast." if you have the capability and interest, prepare your loi and supporting documents immediately and request the inspection/meeting appointment.
contact: mr. kola adesina (edba)
all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda.
serious proposals only.
*how we work*
tell us your needs (budget, location, size).
our team reviews your request and assigns a dedicated relationship manager.
we only source conflict-free land and properties with clear titles.
we conduct due diligence and arrange site visits.
viewings are by appointments only
finalize purchase, rental or lease with legal support.
*please feel free to browse our other featured properties*
ref: sm...
More details
₦1,000,000
The Build Centre Properties
09028190510
