Press Release (ePRNews.com) - LEKKI, Nigeria - Jan 18, 2016 - In 2002, a dream was brought to reality. A young company with an aggressive CEO, Mr. Bart Dorrestein, aimed to transform the landscape of Johannesburg by building the tallest luxury hotel in Africa. Many criticized his goal, pessimists said it was unrealistic and very few believed in him.
Today, the vital few property aficionados who believed and bought into one of the most expensive footprints in Africa – The Michelangelo Hotel and Towers, are now enjoying huge returns on their investments. When construction began in 2002, off plan sales was an average of $ 1m and in 2006 the same apartment sold for $ 3m; tripling returns on investment.
The rise and development of the Michelangelo has been remarkable and has demonstrated that the development of luxury high rises can be highly successful. This magnificent piece of renaissance architecture has proven to be a force to reckon with and will go down in history as one of Africa’s greatest landmarks.
Within the heart of Johannesburg, lies Sandton – the residents in this area include some of the world’s most affluent individuals. Sandton has been coined as “Africa’s richest square mile” for a number of reasons. It is the hotspot of luxury shopping and hospitality and it is a symbol of African victory and pride. Sandton’s net worth and stance has increased immensely over the years and has become the benchmark for South African luxury real estate.
Distinguished gentlemen and ladies aim to bask in the splendor of elitism and luxury at The Michelangelo. Internationally acclaimed personalities and celebrities such as Oprah Winfrey, Mariah Carey, Kanye West, and President of the United States of America, Barack Obama have resided in this gem of a building.
Fast forward to 2015, CEO of Sujimoto Construction Limited, Sijibomi Ogundele, was very clear about his vision which was to transform Bourdillon into the architectural capital of Lagos, in the likes of Sandton. Big dreams such as the LorenzoBySujimoto are usually met with criticisms from skeptics; but where would renowned brands be if they had despaired over negative remarks? Apple’s humble beginnings were in the garage of two friends and Coca-Cola began by selling an average of just nine bottles a day but now sells an average of 1.4 billion bottles on a daily basis.
LorenzoBySujimoto aims to lead the pack as one of West Africa’s most highly acclaimed luxury high-rise apartments. Set to be the tallest residential building in Lagos, LorenzoBySujimoto has attracted foreign and local investors. This unique project is expanding on luxury living by offering amenities such as a 24 hour crèche, 5 star restaurant, mini-mart, pharmacy, and a gym with the world’s most spectacular equipment. With its state-of-the-art features and facilities, fully-automated systems, semi Olympic-sized pool at the beautiful Podium area (the “Eye of Bourdillon”), breathtaking viewsof the Lekki-Ikoyi link bridge, Atlantic Ocean and the Lagos Lagoon, and many other top-range features, the LorenzoBySujimoto will provide the ultimate luxury experience for those who have high standards, and change the face of Nigerian real-estate forever.
In real-estate there is only one rule: location, location, location! Hence, strategically situated on one of the most prestigious roads in Lagos – Bourdillon in Ikoyi, the LorenzoBySujimoto is set to be the number one address not just in Nigeria, but also in Africa.
As LorenzoBySujimoto gradually rises above criticism, doubt and competition; smart investors who understand that real estate is the new oil, will be sure to see the value of their investment rise in no time. Source :