lekki pearl estate presentation

LEKKI PEARL

PRESENTATION

1. Introduction of the company

2. Introduction of key members of the team

3. The Project

4. The environment (Market stats, location updates

showing images)

5. Features

6. Benefits (either for Investment or Home ownership)

7. Payment Plan

8. Q & A

Agenda

Alphamead Development Company (“AMDC” or “Alphamead” or “The Company”) is a real estate

development and advisory firm with strong focus on providing services to middle tier income groups

in the areas of estate development, asset management and real estate advisory. AMDC leverages on

the experience and expertise of its parent company Alphamead Facilities and Management Services

Limited (“AM Facilities”) which is Nigeria’s leading facility management company and has been duly

recognized as the only ISO 9001-2008 certified facility Management Company in Nigeria.

About Us

COMPANY OBJECTIVES

The following are the objectives the company:

To offer innovative and unique real estate solutions to its clients in Nigeria and other

African countries.

To develop and build capacity for sustainable and quality service delivery in Nigeria and

other African countries where the company operates.

To create wealth and offer other unique values according to the specific needs of various

stakeholders.

To develop and implement a robust business model that meets international standards

and guarantees long term growth and development of the company.

ABOUT OUR COMPANY.

• Technical alliance with Cluttons LLP UK

• ISO 9001:2008 QUALITY MANAGEMENT CERTIFIED

• A diverse portfolio: Corporate Headquarters, Multi-tenant buildings corporate offices, Multi-level Luxury

Residential Apartments, Residential Estates, shopping complex, warehouse/distribution facilities.

• CORPORATE MEMBER OF THE INTERNATIONAL FACILITY MANAGEMENT ASSOCIATION AND THE BRITISH

INSTITUTE OF FACILITY MANAGEMENT

• Recently (March 2013) recognized as the 16th fastest growing emerging business in Nigeria by the Allworld

Network / TEF. (All world: Michael Porter, the renowned Harvard Business School Professor on Corporate

Competitive Strategy)

• Awards: Best HSE company of the year 2007 for SNEPCO (Medium Risk Level), IFMA Best FM Stakeholder – 2012,

Best Real Estate Service support company in Nigeria, 3Invest Real Estate Advocacy Group, 2013.

• MD emerged as the EY Entrepreneur of the Year 2013

• Current Staff strength : 350+ Turnover in 2013: 1.7 Billion Current Project Portfolio: 2.5 Billion

OUR PARTNERSHIPS WITH CLUTTONS LLP

• CLUTTONS IS OVER 250 YEARS IN BUSINESS

• MANAGES MAJOR ASSET FOR THE QUEEN OF ENGLAND AND

• 600+ staff worldwide

• 50 countries across Europe, the Middle East, Africa and Asia Pacific.

OUR PARENT COMPANY

PPILPrimrose Properties Investment Ltd

http://www.ng.total.com/index.htm

http://abujapropertyco.com/index.asp

About Alphamead

COMPANY OBJECTIVES

The following are the objectives the company:

To offer innovative and unique real estate solutions to its clients in Nigeria and other

African countries.

To develop and build capacity for sustainable and quality service delivery in Nigeria and

other African countries where the company operates.

To create wealth and offer other unique values according to the specific needs of various

stakeholders.

To develop and implement a robust business model that meets international standards

and guarantees long term growth and development of the company.

About Us

OUR KEY AREAS OF INTEREST

RESIDENTIAL

• Middle Income Housing.

COMMERCIAL

• Retail Developments

• Hotels

• Commercial Office

SOCIAL INFRASTRUCTURE

• University Hostels

• Infrastructure

• Roads

• Bridge

About AMDC

•We deliver unique designs that are cost friendly

•Green buildings (Environmental consideration)

REAL ESTATE DEVELOPMENT

•Asset management

•Well-structured funding model

ASSET MANAGEMENT

•Effective project management team

•High quality standards

PROJECT MANAGEMENT

•Experienced facility management

•Preserve long term value

FACILITY MAINTENANCE

Key Members of the TeamWALE

ODUFALUBOB

DAGLISH (BRITISH)

Experience:Bsc Engineering ManagementC & G; Marine EngineeringOver 15 years experience in different projects

FEMI AKINTUNDE

Experience:Nestle NigeriaUBAShell Nigeria LtdOver 15years experience in facility management & property developmentMember of COREN, NSE, IIE, IFMA.

DAMOLAAKINDOLIRE

SHINAOLIYIDE

Experience:Bsc. BuildingMydas HomesAssociate, SankoreInvestmentsManager, Saunders DevelopmentHas several years of experience in the construction industryMember of CIOB, AIB

Experience:Bsc Quantity SurveyingMsc Information TechnologyQuantity Surveying roles in organizations like Kuramo Limited and Lekki Construction Company (LCC).

WALEOLUFORE

Experience:MBA Nottingham Trent University 17 years cognate experience handling various contracts and procurement management, Experience Shell Nigeria

Experience:MBABusiness Development and Regional Manager, BASSCOMExperienced in Business Development in the Building Industry.A member of CIS

BRIG.PRAVEEN KAPUR

SIDNEY OSILAMA

Experience:Mechanical EngineerHas several years of experience in the facility management and construction industry

Experience:B. EngMD, SPARHas over 40 years experience in the construction industry and has spent 15 years in Nigeria to gain local understanding

The Project is a 112 units of different housing types located at

Sangotedo area of Lekki with a total land space of 30,000sqm

The Project

To deliver affordable housing to match the following criteria

- Functional designs

- Cost Effective

- Quality & Environmental benefits

http://www.youtube.com/watch?v=H3pSNJ_DDe8

Lekki Pearl Estate Video link



The Location

Project Overview

NO HOUSING TYPE HOUSING DESCRIPTION TOTAL BUILDING FOOT

PRINT

BUILDING LAND

SPACE

1 3 bedroom flat (36) Acropolis flats - Executive 3 bedroom flat with BQ

- All rooms en-suite

- Spacious kitchen

- Well finished apartments

135sqm 310 sqm

2 4 bedroom terrace unit (44) Alverstone units are 4 bedroom terrace with BQ

- 4 bedrooms , 5 toilets

- Spacious living room

- Master Bedroom with outdoor terrace and walk in

closet

- All rooms are en-suite

- Vistors room

- Service quarters and laundry room included

208 sqm 176 sqm

3 4 bedroom semi-detached unit

(24)

Arden villa - 4bedroom semi-detached



closet

- Private study

- Outdoor dining

- All rooms are ensuite


221 sqm 187 sqm

4 5 bedroom fully detached unit

(8)

Avista Villa - 5 bedroom fully detached



closet

- Private study and general family study

- Outdoor dining

- Ample parking space

- All rooms are ensuite


286 sqm 242 sqm

Our overriding principle was not to compete on the lowest price but on the most efficient

value created by the matrix of current value, comfort value of living in our houses, quality

of life value of living in our estate, product life-cycle value of the assets over time.

Conceptualization & Design

Theme Concept – Touching the earth lightly…


Theme Concept – Flats


Theme Concept – Terrace


Theme Concept – Terrace- Ground Floor


Theme Concept – Terrace- First Floor


Theme Concept – Semi Detached


Theme Concept – Semi Detached – Ground Floor


Theme Concept – Semi Detached – First Floor Plan


Theme Concept – Fully-Detached

Conceptualization & Design review

Theme Concept – Fully-Detached – Ground Floor

Conceptualization & Design review

Theme Concept – Fully-Detached – First Floor

Ancillary Facilities have been strategically simulated to the design of the estate,

And they include the following

1. Events Centre: to accommodate up to 200 people for a wide range of events

2. Health Club: Gym and terrace bar (Club house)

3. Retail shops: 6 number 15sq. m shops for mini mart and pharmacy

4. Secured children’s play ground

Other features include

1. Alternative power supply: 24 hours power supply

2. Green Areas: mini parks

3. Well Demarcated Pedestrian Walk ways

4. Wide , Colourful paved Drive ways

5. Green area in front and behind every housing unit

6. Streets and garden lights

7. Fire Hydrant

8. Mail box for every housing unit

9. Strategic points for refuse collection

Project Overview

Milestone Achieved

How do I own a unit in Lekki Pearl?

Fill EOI form online or physically

Select your preferred housing

type

Select your payment plan

AMDC will send an offer

Execute the acceptance

Make the first commitment

A receipt is issued in favor of subscriber

Subsequent payment are

determined by action 3

Move into your house in 24

months

http://amfacilities.com/amdceoi.php

Project Timeline

Work Description

Commencement

Date

Schedule (All dates are in

2014) Expected Outcome

Activities P10 P50 P90 -

Site preparation Dec-13 Jan-14 Feb-14 Mar-14

Road Access,

Perimeter Fence, Site

filling

Designs,

Documentation and

Approvals Dec-13 Jan-14 Feb-14 Mar-14

Layout Approvals,

Building Plan

Approvals and

Approval Orders

Infrastructure

Development Mar-14 Oct-14 Dec-14 Feb-15

Water works, Street

Lights and

Electrification, Roads

and Drainages

Housing Development Apr-14 Jun-15 Sep-15 Nov-15

112 Units of Flats,

Semi-detached,

Terrace Duplexes and

detached units to be

delivered.

Project Timeline

Why Lekki Pearl Estate?

•Lekki has been defined as the NEW Lagos with increased governmentinvestment in the location into critical infrastructure such as Airport, Seaport etc

•The area would continue to attract more homebuyers due to increasinggovernment activity and the expanding business corridor in the area.

Great Location

•Due to concessions on the land, the development is budgeted to sell atprices of between 10% and 25% below comparable options

Competitively Priced

•Equity returns are conservatively estimated to be about 30%* for investors

Strong Return Potential

•The area has seen capital growth of 10% per annum historically

Strong Capital Appreciation Prospects

Lekki Price Movement

Recent Events in Lekki

Government investment

The Road

Travel time has reduced considerably to about 35mins from over 1hr

Retail activity

No more sleeping in traffic

Pricing comparables within 5 minutes

Our schemes deliver immediate value to our subscribers through theright pricing .

COMPARABLES WITH SIMILAR INFRASTRUCTURE

COMPARABLES ON LAND VALUE ONLY

25,000.00 23,809.52 23,148.15

14,660.49

-

5,000.00

10,000.00

15,000.00

20,000.00

25,000.00

30,000.00

Thomas Estate

Ajiwe Lekki Scheme II

Lekki Pearl

Thomas Estate

Ajiwe

Lekki Scheme II

Lekki Pearl

34,578.15 32,407.41

39,682.54

31,705.95

-

5,000.00

10,000.00

15,000.00

20,000.00

25,000.00

30,000.00

35,000.00

40,000.00

45,000.00

May Fair Gardens

Hi-life Estate Sangotedo Lekki Pearl

May Fair Gardens

Hi-life Estate

Sangotedo

Lekki Pearl

Benefits

BENEFITS

Affordable with low

entry cost

Site Pictures

BEFORE MOVING TO SITE

DURING SITE MOBILIZATION

STATUS OF LEKKI PEARL ESTATE SITE NOW

Site Pictures

AMDC is interested in providing a complete turnkey solution ranging from landacquisition to financing as well as construction.

•Selected Staff agree on terms and make contribution to their holding account with TBL to acquire their preferred house type.

STEP I

•TBL through IVAL advance AMDC payment for the building and collect subscribers contribution over 24 months

STEP II

•AMDC delivers housing estates.

STEP III

All payments will be made to the bank in respect of this scheme.

SUBSCRIBERS

SUBSCRIBERS

SUBSCRIBERS

Banking Partners –

TBL

AMDC

staff make contribution payment to banking

partners

Banking Partners receive deposit and advance

Developers with equity consideration

Developer receives funds and issues receipt in

favor of staff

Entry Options

Funding Options

Characteristics

17% Interest

Up to N50m

Short tenor

3 months processing time

Profiled project

Others

Characteristics

Up to N50m

Profiled Project

10-12% Interest

20 years tenor

Refinance options

Fixed and Possible variable

Interest

6 months processing time

NMRC

Characteristics

• 30 year tenor

• 6% Interest

• NHF Compliance

• Maximum limit – N15m

• Profiled Projects Only

• 12-24 months processing

time

NHF

www.lekkipearl.com.ng

Frequently Asked Questions @

http://www.lekkipearl.com.ng/