11/08/2026
IKOYI RECLAMATION JOINT VENTURE
511.66 Acres Waterfront Reclamation Project
This is a rare opportunity for experienced investors and reclamation developers to partner on one of Lagos' most significant waterfront projects.
Key Highlights:
Location: Banana Island Estate, Ikoyi, Lagos
Land Size: 511.66 Acres (Reclaimable)
Title: Survey & Registered Supreme Court Judgment
Premium: ₦5 Billion
JV Structure: Sharing Formula -- To Be Agreed
Facilitators' Fee: ₦2 Billion + 10% land allocation (or monetised equivalent)
Water Access: Accessible via the Marina Waterway
Investor Responsibilities:
- Perfect the property's title.
- Obtain all required reclamation approvals and permits from the relevant government agencies.
Transaction Process:
- Letter of Intent (LOI)
- Company Profile
- Fee Protection Agreement (FPA)
- Bank Comfort Letter
081 420 94643 WhatsApp