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Real Estate

Introduction

Total energies COOP has been adjudged the Best Cooperative in Nigeria with awards attesting to same. But the aim is to be not only one of the best in Africa but across the world. Our model for growth will always incorporate structures that improve the value and well-being of our members.

In line with this, the Cooperative is often on a quest to seek optimal value and quality for members while securing funds and profitability at the same time. This has led to an assessment of the assets and resources available to the cooperative and the optimization of same.

The Real Estate department helps provide industry-based assessments to the Cooperative to protect and guide the decisions of the CMC on projects and also to develop and deliver projects at the best value and quality to member

 

Structure

The structure we have now is such that we will have the best hands in the industry working with us on all projects to make them a reality on time and on budget. We will be engaging tested and trusted contractors and consultants who have the prerequisite experience and certification by the right regulatory authorities. They will have certification from the right professional bodies as individuals and as firms. They will also have recognition by the appropriate international bodies. Issues bordering on due diligence is also given the consideration it deserves. We will have proper contract documentation and administration. Funding is being sourced both locally and internationally at the best cost to guarantee an optimal mix.

Projects

Here we use construction and development to generate income and cater to the needs of our esteemed cooperators. We currently have a clubhouse under construction which has the following amenities: A soccer pitch, A 60metre running track, a Tennis court, Universal Court (Volleyball/Badminton), a Basketball court, Children’s playground, Semi Olympic Size Swimming pools & a Learner Pool, 2 bars, A restaurant, and A gym.

We will be developing commercial buildings such as a 30-room Guesthouse in Lagos Nigeria. This will help tackle the ever-challenging accommodation issues of transient visitors in the state and generate income for the Cooperative.

Logistics Base:

Logistics Base is a 7,500 square meter sized base located at Plot 8 water Corporation Drive, Oniru Waterfront, Victoria Island to be a mixed-use development for warehouse and archiving services, vehicle logistics, accommodation, security, and offices. The Logistics base consists of a car park for 150 vehicles and coaster buses; 4 modern warehouses with a combined size of 1350 sqm. Design and preliminary construction commenced 7th July 2017 by Construction Kaiser. We are pleased to inform you that this has been successfully completed and handed over to the client.