About

STANDOUT PROPERTIES LIMITED (SPL) RC. 889506 – subsidiary

of STANDOUT STOCICCO GROUP (SSG)

About Standout Properties

Standout Properties is a future-ready and sustainable real estate development company with a vision to distinguish itself in the housing industry.

SPL was incorporated in 2010 as a limited liability company. Its core business activities span across housing development, project management, asset management & general contracts, and is committed to maintaining standard professionalism, quality, value, services and technical excellence in carrying out its work. For the past decade, SPL has been consistent in its objective of contributing its quota to the growth and development of Nigeria’s economy, improving the lives of individuals and corporate entities, through investment in real estate and housing development in general.

Having completed major projects within and outside Lagos, Nigeria, it remains committed to meeting customers’ needs. SPL target market consists of average to high-net worth individuals and entities. Also, as a developer with a good reputation in the housing industry, it remains committed to delivering remarkable services with integrity and professionalism.

SPL is a fast-growing real estate company driven to be at the frontier of housing development in Nigeria and beyond, which has gradually grown into a household name as an accommodation solution expert.

Irrespective of aggressive industry competition in a State like Lagos which continues to experience housing deficit due to its large population which is expected to double by 2050, this would make Lagos the 3rd largest city in the world but with less infrastructure than any other large cities in the world (as reported by World Population Review); a problem SPL is poised and determined to help resolve in the near future through collaboration with stakeholders in the real estate industry.

In a bid to tackle the above problem, SPL has raised the bar by not only providing luxury housing, but making property acquisition quite affordable through competitive payment plan structured for middle class and low-income earners to own residential properties independently or through collaboration vide direct purchase or through our home co-ownership scheme. High net worth individuals’ interests are also considered for choice locations.

Our building structures have integrity from foundation level to finishing and a visit to any of our Sites will further buttress our claim. At SPL, your comfort is our priority!

Integrity

We always strive to do what is right for our clients, community and profession. Ethics, fairness, honesty and integrity remains the standard of our practice hence, we embrace the highest standards of ethical behavior transparency in every aspect of our business to build a company that is trusted by its clients and stakeholders.

Quality

We are committed to excellence in the services we provide, and in the results, we attain for our clients as we strive to achieve excellent delivery service by attracting, developing, and retaining the best professionals while investing in new technology.

Teamwork

Our culture of teamwork proffers workable and prompt solutions to complex challenges.

Innovation

We thrive on creativity and ingenuity. In today’s fast-paced technology driven climate; innovations’ concepts and processes are essential to our continued success and growth.

Honesty

We are transparent, we disclose information about market trends, valuation and other factors that affects customer’s decision making.

Accountability

We are accountable to our customers who remain our primary constituents and extend the same to all stakeholders.

Our Vision

To be an outstanding global real estate/housing development firm, known to provide resounding business innovations, investment and lifestyle solutions by delivering optimal professional services to our customers in Africa and beyond.

Our Mission

Providing affordable luxury housing and proffering housing deficit solutions through result-oriented strategies and professionalism for the delivery of excellent services to its customers, promoters and stakeholders.

Objectives

To make SPL the first choice of every property finder in Nigeria and diaspora. To build affordable residential and commercial structures for quality living and business expansions for Nigerians and persons / expats in diaspora. To be amongst the A-list Builders/Real estate developers in Nigeria.

What We Do in SPL?

Professional Management

SPL manages the entire project life-cycle through established processes, seamless integration of service providers, proven methodologies and preservation of fully scrutinized and documented solutions such as facility planning and project & cost management. We review operations and recommend and/or introduce systems to improve efficiency whilst reducing costs. This includes facility assessments, building system analysis, value engineering, quality assurance and more.

Asset Management

We implement asset management strategies for clients and residents, develop value-added real estate solutions for assets and create strategies to maximize the value of property holdings. We analyze, rationalize, demonstrate and communicate solutions and policies in response to clients’ needs, and ensure that proper due diligence is done whilst investigating and verifying information pertaining to such assets/properties.

Real Estate Development

Our areas of specialty include building, architecture, construction, housing development, civil engineering, and property management. We do pre-development, construction, post-development, renovation and management of properties.

General Contracts

We undertake all kinds of construction ranging from property development to road constructions, equipment supplies and services necessary for construction of project

Being a registered builder, I have worked in the real estate industry for over two decades and I have seen how the industry has evolved. The real estate industry is one of the most dynamic in the world and the need to be innovative is predominant.

Interestingly, by witnessing key activities that remodeled the way the real estate industry works, I am certain that SPL’s projections of becoming a pacesetter in the housing industry in Nigeria, Africa, and globally are not overstated.

Having observed a rapid increase in rural-urban migration in Nigeria, particularly in Lagos State and the world in recent times, SPL’s vision is driven towards providing affordable but exquisite homes to provide comfort as we endeavoor to curb the housing deficit in Nigeria and beyond.

In a short period of time we have progressed from not only developing one but six residential estates with MIJL Residences & Villas being the first completed with 145 housing units. Our other Estates include:

Bloom Haven Residences located at Chisco Ikate by Elegushi Beach, Lekki, Lagos State with 83 housing Units.
Bloom Towers, Oniru, Victoria Island has 236 Housing units, and office/commercial office spaces measuring approximately 10,300 sqm.
Bloom Residences by Friends’ Colony Osapa London, Lekki, has 153 housing units.
Cynergy Gardens, Igando-oloja, Ibeju-Lekki has 191 housing units.
Bryan’s Court, by Osubi-Warri, Delta State has 180 housing units.

At SPL, we are pragmatic and determined to create designs that are translated into reality in a timely and cost-effective manner. We recognize the ongoing support and patronage received from our clients and prospects interested in our real estate products/assets, and we pledge to exceed expectations.

SIR (Bldr.). BLESSING O. OBOMOVO

MD / CEO

BUSINESS MODEL / STRATEGY

Model & Strategy

We operate an opportunistic market, driven by high demand for accommodation in choice locations. We acquire properties/lands through sale or joint venture (JV), and develop them into residential and fully serviced housing units with an inclusion of office and commercial spaces for sale.

Sector

We cater to those interested in owning, investing, or living in fully serviced residential estates. We also develop commercial real estate such as hotels, offices, and lounges.

Projects’ Delivery Timelines

Individual projects span across two (2) – five (5) years respectively due to their size.

Contract/Partnership

Delivery of quality housing is largely dependent on the kind of contracts or partnerships we enter into with stakeholders.

Geography

We currently develop in Nigeria, West Africa with a vision to develop across borders.

WHY STANDOUT PROPERTIES LIMITED?

Part of our goal and dedication is to deliver within project timelines, and we strive to make necessary arrangements and adjustments for relationships with other key industry players consisting of real estate professionals, marketing consultants, subcontractors, and local vendors.

All construction works are supervised and managed by qualified and skilled professionals to ensure quality delivery.