Investors have been advised not to promptly expect the dividends of investing in Ibeju Lekki area before investment but to invest and wait for the huge return (ROI).
This advice was made by Engr. Noimot Olatunji, CEO Glenwood Property Development Company, at the launch of its latest project, Lyndale Mews, an estate in Onosa, Ibeju Lekki Local Government Area recently.
According to Engr. Olatunji Lyndale Mews consists of 32 well laid out terraces and apartments complete with a play area and central services.
In her speech, she said “investment in the Ibeju Lekki axis of Lagos State including the Lekki Free Trade Zone will create over 300,000 direct/indirect jobs in the next 3 years.” The CEO, continues “The direct consequence will be huge pressure on existing infrastructure and a surge in demand for housing at all levels; and the available and proposed housing stock in the area is unlikely to meet the anticipated demand,” she asserted.
In furtherance the CEO said, Glenwood Property Development Company recognizes the potential in this fast growing area and is positioning itself to play a strategic role in the residential, commercial and hospitality sectors.
The company currently has housing units and land in several estates to offer prospective homeowners and investors and advised early investment to maximize return on investment (ROI).