THE GUARDIAN Abandoned to fate by successive governments, the ancient city of Badagry has been bereft of any meaningful property investment. However recent infrastructural developments spearheaded by the Lagos State government have ignited growing interests among investors in the once docile city. With the discovery of oil, ongoing reconstruction of Lagos- Badagry Express way, relative peaceful environment, and cheap expanse of land, the axis is heralding a robust real estate development despite the lull in Nigerian property market. The historical city now offers a ray of hope for property investment with developers and realtors coming with different incentives to take the large chunk of the bounty. The axis, comprises of Ajara, Mowo, Badagry, and Agemowo Village, is now witnessing investments in the excess of $5 billion with an avalanche of private developments. Continue reading
PM NEWS Managing Director, Echostone Development Nigeria, Mr Sammy Adigun has described Badagry where Lagos State government is building its first green and eco-friendly estate as the future of the state, adding that the Echostone took advantage of the history of the town and available infrastructure to come up with the novel project. Adigun stated this on Thursday during a site inspection of the Peridot Parkland Estate by Commissioner for Housing, Moruf Akinderu-Fatai before the close of the first quarter of this year. on Thursday in Badagry. Adigun further urged people to buy houses in the estate now and pay later, as the value of the houses would double in the next five years. Badagry is the future of Lagos. When you talk of Lekki 30 years ago, that is what Badagry is today, it is even 10 years away from blooming. The road passed you passed from the airport to this place is 68 kilometres, while from the airport to Ajah is about 80 kilometres, so it is actually closer to come. When the expressway is completed the travel time from the airport will drastically reduce.” Continue reading
EDGE software and the benefits of EDGE certification for the residential market. This workshop focus on case studies of EDGE-certified homes in the affordable market, showcasing how practical green measures can keep the costs low but increase benefits for investors, developers and home buyers. EDGE has certified almost 60,000 residential units around the world. The webinar was led by Rusmir Musić, the Global Business Development Lead for EDGE with a case study by EchoStone, an EDGE Champion with ambitions to develop thousands ogreen certified homes in Nigeria. The webinar is co-sponsored by the Sustainable Buildings and Construction Programme of the One Planet Network, the Centre for Affordable Housing Finance in Africa and Habitat for Humanity.
MUNDO SOCIAL Arvec Anteproyecto and EchoStone are the developers of the first eco-friendly community in Panama, Haciendas de San Antonio in Pacora, certified by the global brand for environmental care EDGE (Excellence in Design for Higher Efficiencies), this being an innovation of the Financial Corporation International (IFC), a member of the World Bank Group, which evaluates, promotes and guarantees the construction of ecological communities around the world in a faster, easier and more affordable way to the buyer. Hundreds of Panamanians will enjoy the privilege of living in a home that provides direct benefits to the economy of their home, in addition to collaborating with the care of the environment. Continue reading
CASTMEDIA BUSINESS CONNECT On this segment of CastMedia Business Connect on Stv, we features Mr. Sammy Adigun who is a Director at EchoStone Nigeria Ltd. And he spoke in length about what the company have been able to achieve over the years. Including how the company came to break a record of building a house from foundation to finishing including furnishing it for living in just 14 days. Continue reading