DEADLINE: 19TH NOVEMBER, 2021
ODUA INVESTMENT COMPANY LIMITED
REQUEST FOR EXPRESSION OF INTEREST FOR THE REDEVELOPMENT OF PROPERTIES
A foremost investment conglomerate company in Nigeria, with vast array of real estate assets across the country, is seeking Real Estate Developers with proven track record of performance for raising development finance, to partner in the redevelopment and refurbishment of nine (9) of her prime properties located in Ikeja, Lagos State, and Ibadan
Prospective developers are hereby invited to submit expression of interests (EOI) in any one or more of the following listed properties
Property 1
Current Use: Commercial/offices
Location: Dugbe, Ibadan, Oyo State
- The property is a 12-storey office complex in the lbadan Central Business District (CBD) sitting on approximately 2,400sqm area of land. The building has a total of 4500sqm of lettable space and an internal parking space to accommodate about 20 cars.The building is opposite the Central Bank of Nigeria, and adjacent to the Radio Nigeria Building. It is 100m distance to the historic and iconic Cocoa House Building
- The redevelopment seeks to refurbish the building for office/mix uses for short/long leases
- Interested developers should send an email with the title “Dugbe Property Refurbishment” to; developmentprojects@oduainvestment.com.ng with documents listed below on or before 19th November 2021.
Property 2
Current Use: Residential
Location: lyaganku GRA, Ibadan, Oyo State
- The second property redevelopment is of two (2) neighboring properties with a combined properles Size of 11,000sqm in the residential community of lyaganku GRA, Ibadan.
- The subject properties are located in a strategic area, with easy access to basic amenities, schools, churches, banks, government parastatals (Such as the Police head office, land registry, etc, sport facilities, and lots of recreational spots.
- The redevelopment seeks to create a modern residential estate for long-lease and sales.
- Interested developers should send an email with the title “lyaganku Property Redevelopment to; developmentprojects@oduainvestment.com.ng with documents listed below on or before 19th November 2021.
Property 3
Current Use: Residential
Location: Onireke GRA, Ibadan, Oyo State
- The third property redevelopment with a land size of about 6,000sqm is in the residential neighborhood of Onireke GRA, Ibadan, Oyo State.
- The subject property is located in a strategic area, with easy access to basic amenities, schools, churches, banks, government parastatal), sport facilities, and lots of recreational spots.
- The redevelopment seeks to create modern residential estate for sale/long term lease.
- Interested developers should send an email with the title “Onireke Property Redevelopment to; developmentprojects@oduainvestment.com.ng with documents listed below on or before 19th November 2021.
Property 4
Current Use: Residential
Location: Jericho GRA, Ibadan
The fourth property redevelopment is for two neighboring sites with a combined land area of about 11,000sqm within the residential neighborhood of Jericho GRA, Ibadan.
The notable landmarks in proximity to the subject properties include Jericho Mall, Golden Tulip, Bayse One Place, Lead British International School, Adron Court, Waniq Centre, and Rendezvous Hotel. The property is easily accessible from Eleyele Road/Dugbe Road/ Mokola and Road Ibadan.
The redevelopment seeks to create modern residential apartments for sale/long term lease.
Interested developers should send an email with the title “Jericho GRA Property Redevelopment” to;
developmentprojects@oduainvestment.com.ng with documents listed below on or before 19th November 2021.
Property 5
Current Use: Residential
Location: Bodija, Ibadan
- The fifth property redevelopment is on a landed area of about 3,500sqm within the residential neighborhood of Bodija, Ibadan.
- The property affords easy access to some regional motorway networks with approximately 1.5Km from Oyo State secretariat, 5.6km from lwo Road, 3.5km from university of ibadan, 3.2km from the polytechnic of lbadan and several recreation centres.
- The development seeks to create modern residential apartments for sale/long term lease.
- Interested developers should send an email with the title “Bodija Property Redevelopment” to; developmentprojects@oduainvestment.com.ng with documents listed below on or before 19th November 2021.
Property 6
Current Use: Residential
Location: Oluyole Extension, Ring Road, Ibadan
- The Sixth property redevelopment is within the residential neighborhood of Oluyole Extension, Ring Road, ibadan with an approximate land size of 1,200sqm.
- The property is in proximity to major attractions, education, Residential area, and businesses that falls within the local government of the Oluyole Industrial area, MOOR plantation, IAR&T, Oyo state Agricultural development Agency (OYSADEP) and National Cereal Research institute, or the highly developed residential area of Ring Road.
- The development seeks to create modern residential apartments for sale/long term lease.
- Interested developers should send an email with the title “Ring Road Property Redevelopment to; developmentprojects@oduainvestment.com.ng with documents listed below on or before 19 November, 2021.
Property 7
Current Use: Residential
Location: Apata, Ibadan
- The seventh property redevelopment is within the residential neighborhood of Apata, Ibadan with a land size approximately 5,200sqm.
- The property affords easy access to some regional motorway networks with approximately 72km from Abeokuta, 4.9km from Oluyole industrial estate, 8.1km from challenge, Ring Road, 1.0km IAR &T, 22km from lbadan Airport, 24km from Ibadan train station and 15km from lwo Road.
- The development seeks to create modern residential apartments for sale/long term lease
- Interested developers should send an email with the title “Apata Property Redevelopment” to developmentprojects@oduainvestment.com.ng with documents listed below on or before 19th November 2021.
Property 8
Current Use: Residential
Location: Ikeja, Lagos State
- The eighth property redevelopment is for two (2) neighboring properties with a combined land size of approximately 7,000sqm in the residential neighborhood of lkeja GRA, Lagos.
- The subject properties are both located in a strategic area with easy access to basic amenities schools, churches, banks, government parastatal), sport facilities, and lots of recreational spots.
- The redevelopment seeks to create a modern residential estate for sale/long term lease.
- Interested developers should send an email with the tite “Ikeja GRA Property Redevelopment to; developmentprojects@oduainvestment.com.ng with documents listed below on or before 19th November 2021.
Property 9
Current Use: Commercial
Location: Ikeja, Lagos State
- The ninth property redevelopment is within the commercial neighborhood of Ikeja, Lagos with an area of approximately 2,100 sqm.
- The subject property is located in a strategic area with easy access to basic amenities, and close proximity to the computer village, airport, government parastatal, sport facilities, and lots of recreational spots.
- The redevelopment seeks to create a modern commercial multi-storey car park.
- Interested developers should send an email with the title “lkeja Property Redevelopment” to developmentprojects@oduainvestment.com.ng with documents listed below on or before 19th November 2021.
GENERAL INSTRUCTIONS
The following documents should be attached to the email for consideration.
- Company Profile
- CAC Certificate of Incorporation
- Particulars of the Directors
- List of Key Personnel & Resources
- List of relevant developments undertaken.
- Credible evidence of funds or ability to raise finance.
Please note that all submissions made are confidential and primarily meant for a pre-qualification stage for the selection of developers towards the Request for Proposals.
The selection criteria would be based strictly on Evidence of Financial capability and credible track record of efficient development finance raise, Relevant Development Experience, Key Resource Persons and Registration with relevant Government & Professional agencies.
Only shortlisted developers/development financiers will be contacted for the 2nd and final Bidding stage.
For enquiries and clarifications, contact The Team Lead, Property Development on 08058269225
