…Invites foreign investors to buy into Oceanna project

By Bimbola Oyesola

The quest for diversification of the Nigerian economy to attract more foreign investment got a boost recently with promoters of the Oceanna unveiling investment options for part-ownership, similar to what earned the Dubai real estate sector global appeal.

Adeyinka Adesope, the Group Managing Director, Palton Morgan Holdings, revealed that the hotel segment of the iconic project is open to part-ownership with flexible payment options, secure and high returns on investments. 

“We are opening up the real estate sector to investors both in Nigeria and the Diaspora. Having embarked on a project that has redefined the real estate sector in Nigeria by setting the standard for luxury and working with globally acclaimed professionals/consultants, we now invite investors to participate,” he said.

Information available on the firm’s website indicates that Grenadines Homes, a member of Palton Morgan Holdings, is trying to match the Nigerian real estate sector with Dubai where luxury, safety of investments, flexible financing and high returns, among other things, have combined to increase global appeal to that market.

According to Kikelomo Williams, Head, Marketing Services, Palton Morgan Holdings desires to open up a plethora of opportunities and experiences to discerning investors with the project. 

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“The Oceanna Hotel is more than just a location. It is carefully set out as a plethora of opportunities and experiences but the first step is to be an investor. It guarantees a lifetime stream of income,” she said.

She is confident that the global appeal of the iconic development is not just in beauty, “the quality team of experts and professionals working on it will excite anybody familiar with top-notch real estate across the world,” she said.

“It is designed by HOK Architects, famous for their work on Dubai Marina, the Emirates Stadium (home of the Arsenal FC, London) and The Flames of Azerbaijan. The Oceanna is branded by Brash Brands, the creative agency that breathed life into the world’s tallest building, Burj Khalifa, Dubai, and is being crafted by Cappa & D’Alberto,” she further revealed.

The first phase of the project covering 20,000 square metres of land took off with design in the third quarter of 2015. It will be made up of four towers of mixed use development, aiming to serve residential, commercial and recreational purposes for prospective buyers and investors.

Conceived and designed as a place to dignify everyone associated with it, The Oceanna project is located on the Water Corporation Drive, Off Ligali Ayorinde Street, Victoria Island. Though it would be sitting on approximately 3.4 hectares of land, the built-up area is about 40 per cent, leaving ample surrounding for greenery and circulation, to suit the lifestyles of the accomplished and attract the discerning.

These reinforce the company’s optimism that when completed, the estate would deliver an alluring convergence of a residential and commercial complex with world-class hospitality, educational and recreational facilities.