Veritasi Homes and Properties Plc, a leading real estate company in Africa, has collaborated with Cooperative Investment and Thrift Society Limited to officially launch Allied Towers, a new housing project located in Ikoyi, Lagos.
In a statement shared with our reporter on Tuesday, the event, which took place recently, signified the start of a multi-million-dollar initiative, which both companies referred to as a significant collaboration intended to reshape urban life in one of Lagos’ areas.
Located on a 1,431 square metre site on McGregor Street, the 11-story Allied Towers will feature 26 high-end apartments and penthouses. The development is conveniently situated near the Ikoyi Golf Club, Microsoft’s headquarters, and the newly established United States Consulate General.
As per Veritasi Homes, Allied Towers will include contemporary facilities like a fitness center, lounge area, entertainment floor, green surroundings, and safe parking options.
At the event, Nola Adetola, the Chief Executive Officer of Veritasi Homes and Properties Plc, referred to the project as a courageous new phase in the Lagos skyline. He mentioned that the development reflects Veritasi’s commitment to making a significant impact on Nigeria’s housing industry while offering value to both investors and homebuyers.
Today, as we start construction on Allied Towers, we are expressing the potential and our commitment to create something significant. In collaboration with COOPLAG, we embark on a new phase in Lagos’ skyline, Nigeria’s housing narrative, and Veritasi’s development.
“We imagine a Veritasi that extends across the globe, a brand so reliable that whenever you encounter ‘Veritasi,’ you anticipate excellence, creativity, and honesty. COOPLAG, we are privileged to have you accompany us on this path. To our investors and prospective homebuyers, this is your chance to own a part of Lagos,” he stated.
Additionally, Francis Adeoye, the president of COOPLAG, highlighted that the collaboration represents the merging of cooperative power with architectural brilliance. He mentioned that Allied Towers will be a lasting project, providing members and stakeholders with residences that embody quality, elegance, and environmental responsibility.
A partner at Veritasi Homes, Tobi Yusuff, referred to the project as evidence of the company’s development path and its capacity to gain the confidence of institutional collaborators like COOPLAG.
The initiative has also garnered backing from prominent financial institutions such as Nova Bank, Providus Bank, Lotus Bank, Stanbic IBTC, Sterling Bank, and FirstBank. High-ranking representatives from these banks have expressed their dedication to the project’s successful completion, highlighting its importance for Nigeria’s housing and investment sectors.
The Dutum Construction Company, headed by Chief Executive Officer Temitope Runsewe, is acting as the construction collaborator, dedicated to ensuring safety and engineering quality throughout the project.
The statement noted that Veritasi Homes has remained at the forefront of Nigeria’s real estate industry through creative, cost-effective initiatives. Acknowledged by the Financial Times as one of Africa’s top-growing companies, the firm has, within seven years, completed over 1,000 homes, introduced 12 significant projects in Lagos and Abuja, and catered to more than 2,500 customers, with many coming from abroad.
Provided by SyndiGate Media Inc. (Syndigate.info).
