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Joint Venture (JV) Opportunities

Wemabod Limited is one of the Nigeria’s leading Real Estates firm offering Services in Property Development and Management. She is a Real Estate Firm looking to be the flagship real estate solution provider in her chosen segment by delivering exceptional service and profitability.

Wemabod Limited, through Joint Venture relationships  is seeking to expand her reach and her portfolio by going into partnership with chambers of commerce and industry, individuals, companies and allied organizations.

JV opportunities will benefit potential partners as Wemabod possesses specialist knowledge of the Nigerian Real Estate market gleaned over the years of doing business in that sector.

We also hope that a JV arrangement will ensure access to optimum use of market reach and customer base of Wemabod Limited as well as leveraging on the  goodwill and credibility of the Wemabod brand to attract prospects

We hope to achieve geometric growth in JV with partners with potential possibility of creating  off balance sheet engagements. This will lead to creating an entity stronger than an  individual business through technological transfer, access to efficient funding and expert knowledge.

Based on current occupancy ratios, Wemabod sees considerable opportunities in real estate asset redevelopment aimed at improving asset quality and increasing shareholders wealth.

Wemabod Limited is seeking for Joint Venture (JV) Partners for the underlisted sites:

Property: 56 Marina Lagos
Title: Freehold
Size: 2,736.4sqm

Description of Property: Land situate between the popular Marina and Broad Street with access to both major roads. Primely located within the vicinity of the head offices of major banks such as UBA and Wema Bank and directly opposite the Marina Car Park, it is available for development.

Proposition: Wemabod is interested in joint development.

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Property: 61 Broad Street
Title: Freehold
Size:  225.506 sqm

Description of Property:  The land is situate along the popular Broad Street in the Lagos Island Central Business District. It is currently bare and suitable for a commercial/ office complex.

Proposition: Wemabod is interested in Joint Re-development.

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Property: 14/16 Market Street
Title: Freehold and Leasehold with 14 years unexpired tenor.
Size:  413.21 Sqm and 283.994m Sqm

Description of Property: The land is also situate within the Lagos Island Central Business District, off Marina and Broad Street. It is also suitable for a commercial/ office complex.

Proposition: Wemabod is interested in Joint redevelopment.

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Property: Unity House
Title: Freehold
Size:  820Sqm

Description of Property:   A purpose-built office block on 21 floors. Located at the corner piece of Marina and Custom Street about 100m from both the Central Bank and the Nigeria Stock Exchange Building, the property is ideal for smart office spaces, roof top restaurant and supermarket.

Proposition: Wemabod is interested in the refurbishment of the property as a first option and long lease.

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Property: Development House, 21 Wharf Road, Apapa
Title: Leasehold with 23 years unexpired interest
Size:  7,998 sqm

Description of Property: A purpose-built office complex on 10 floors with ample space for construction of a warehouse and vehicular parking at the rear side. The property is ideal for an office complex with restaurant and night club or bonded warehouse.

Proposition: Wemabod is interested in a long lease of the property.



Property: Super Plaza, Surulere

Title: Freehold

The subject property which is a plaza situated on Akerele Road, Surulere, Lagos, popularly known as “Super Plaza” deriving its name from the old Super Cinema that was located in same location. It is directly opposite Havana Hospital. The immediate neighbourhood is a mixture of commercial and residential uses. It is served with the good network of tarred roads. it is on the left if one enters Akerele Road from Masha Road before getting to Oyekan Street junction.
It is a purpose built cinema house converted into a shopping mall. Half of the building is used as shops, while the other half is used as an event centre.

Proposition: Wemabod is seeking for a joint venture partner to redevelop the complex into a retail development located on the ever-busy Akerele Road in Surulere. The proposed edifice would seat on 2,039.24 Square metres. The title is with a freehold interest.

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Tel: +2348023710466 or 01 2703916