Re: Victory Park Estate
By PETER ANOSIKE
Monday, February 18, 2008
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Photo:
Sun News Publishing |
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We write, on behalf of Grant Properties Limited (our client),
to correct some misrepresentations contained in your story
entitled Grant opts for solar power in Victory Park Estate
as published in the EXQUISITE PROPERTY section of Daily Sun
on Monday, February 4, 2008.
Although the reporter's unsolicited effort to write on the
Victory Park Estate is commended, it would have been better
appreciated if he had sought due audience with our client
for necessary clarifications on the true position ofthings
concerning the Estate, so that the real estate public is not
misinformed and misled. Hence, the following points should
be noted.
First, there has not been any 'raging storm' or 'dark clouds'
with the Estate at any point in time as imputed by the reporter.
So there could not have been a question of the project being
'weighted down' as critical work bas been going on all the
time, even if not visible to the public. It is a fact that
real estate projects are not child's play, hence the need
to undertake serious and painstaking efforts to build and
deliver solid value to property buyers at the end of the day.
It is therefore not true to claim that there was a 'raging
storm' with the Estate or tbe company.
Second, the Estate or the company has not been repackaged
under new investors and promoters as misrepresented by the
reporter. The same Grant Properties Limited tbat built and
delivered the well-received Goshen Beach Estate project is
still the promoter of Victory Park Estate, backed by reputable
financing banks like Skye Bank, Wema Bank, Sterling Bank and
Unity Bank.
Third, the Estate will not be exclusively powered by solar
energy as insinuated by the reporter. What Grant Properties
Limited intends to do is to use solar power as complementary
to the supply trom Power Holding Company of Nigeria (PHCN)
which will still be the mlljor source of power in tbe Estate.
Please give this rejoinder tbe same prominence as tbe story
that led to it. Thank you.
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