Mixed-use land joint venture
Ikoyi JV
JV Without Premium in Ikoyi Location: Milverton Road Ikoyi Land size: 3900sqm Land value: #13b Title. C/O Proposal. 36 Units of 3 bedroom/4 bedroom luxury apartments... Plus 6units of luxury 4bedroom penthouses( on 9 Floors) Sharing formula: To be discussed Facilitators fees:10% of Land value. Total Units 42 Units (36-units of Mix apartments & 6-Penthouse) Sharing Ratio: Developer: Take entire 36 Units.. Owner: Take entire 6 penthouses and a $4.5m premium that will be spread instrumentally base on developer decision. Only a developer with proof of funds needed Oluch