Since the firm’s establishment over 36 years ago, the real estate team has grown from providing standard drafting and negotiation support to advising its clients on real estate financing transactions, project finance, mortgage schemes and other property acquisition transactions.
This team has advised local and international clients in connection with land acquisition, foreign investment approvals, and the financing and construction of several real estate projects in Nigeria. Many of these projects required the firm to advise on the regulatory framework for development of the properties, procurement of the relevant approvals, establishment of the project companies as well as undertaking extensive due diligence to determine the ownership of the relevant properties.
Some of our experience in the hospitality sector includes advising promoters, developers and investors in connection with the construction and development of the Jabi Lake Mall in the FCT, which is the largest mall in Nigeria. The team is also involved in the refinancing, expansion, acquisition and development of existing projects including the Palms Mall, the Ikeja City Mall, Ikoyi Hotels (now Southern Sun, Ikoyi) and various other proposed projects.