Proposed Hotel Development in Lagos Mainland

Hotel Development in Lagos Mainland: Project Description

A Proposed Hotel Development which is been sponsored by Investas Partners, a UK based investment company. The hotel aims to attract business travelers and visiting Top-level managers. The development  which is situated within the Yaba/UNILAG axis of  Lagos Mainland.

The project is managed and developed by Top-in-class personnel both from Nigeria and Overseas. The development of industries and commercial centres would make the Zone a destination for domestic and foreign  investors.

Action Taken

Brickstone was contracted to:

• Market survey of the Lagos State hospitality market for data collection narrowed down to contemporaries and neighbourhood competitors’ data.
• Recommend appropriate transaction modalities and structuring and executing fund raising for the project.
• Develop a Comprehensive Financial Model to communicate the financial viability of the project to investors.
• Develop an Information Memorandum and Business Plan that would communicate succinctly the value proposition of the project to bond investors
• Introduction of client to high networth individuals and potential investors.

Services includes the following:

• Location Analysis and Site Selection
• Hotel Development Real Estate Feasibility and Strategies
• Sales & Market Strategies
• Highest and Best Use Studies
• Business Plan Development
• Feasibility Studies
• Information Memorandum
• Financial Modelling
• Development Management