Brains and Hammers hits Lagos real estate market

One the leading real estate and infrastructure companies in Nigeria, Brains and Hammers Limited, has started strategic expansion of its operations by making a bold entry into the real estate market in Lagos.

The company started business 10 years ago in Abuja and steadily built a reputation of excellence for itself.

Responding to pressing demands from satisfied clients who also want to acquire property in Lagos, the company entered into a of deliberate partnership with the Lagos State Government which has led to the development of 750 housing units (made up of 132 tower units and 618 newly built units) at the Jubilee Estate in Iganmu through a public private partnership. Phase 1 of the project comprises a total of 129 units (consisting of 12 units of 2 bedrooms, 24 units of 4 bedrooms terrace and 93 units) and twin towers of 132 units (consisting 60 units of 1A bedroom, 24 units of 2 1B bedroom, 24 units of 3 bedroom masionette.

Welcoming the mutually beneficial working relationship, Lagos State Commissioner for Lands and Housing, Prince Gbolahan Lawal, said, it would relieve the government in the face of scarce financial resources while providing employment opportunities, thereby bringing a major democracy dividend to the community.

The project, which is ongoing, has created 200 direct jobs and about 1000 indirect jobs in the area which is dominated predominantly by the informal sector practitioners such as artisans, labourers, traders and food vendors.