Proximal Heights Proximal Heights Development LimitedDevelopment Limited

[Real Estate Development and Advisory]

Defining Opportunities

In Africa, Nigeria is considered to be one of the leading markets to create wealth and get the best returns for investment. It is a diversified nation with a wide range of Investment Opportunities. The country has impressive economic indices and the potential for GDP growth is ever increasing. Nigeria is an emerging market located on the western part of the African continent and has an estimated population of 167 million people.

The United Nations forecasts that by the year 2013-2018, Nigeria would have been ranked as one of the first five investment destinations in the world for Investors in the Construction and Real Estate Sector. Despite its prospects, it still has a couple of challenges. Uncontrolled increase in population makes it very difficult for the government to provide adequate social amenities for her citizens of which infrastructures, homes and other commercial spaces like shopping malls feature significantly. In spite of the intervention of government in different human settlement and development programs, housing deficiency still towers high as over 20 million homes are still required to effectively serve the people. Rapid urbanisation has also been a major challenge for Nigeria over the past 20 years as over 40% of the people dwell in the urban areas. This puts a strain on the available infrastructure in these centres. From the records, it has been discovered that 72% of the populace are under the age of 30 and most (if not all) seek job opportunities in cities where they are deemed to be available. This has in recent times resulted in overcrowding, making the population of at least eight ‘anchor’ cities to be in excess of 2 million each.

The challenges pave the way for investment opportunities in the Real Estate sector. It is in the projection of the country to have an environment which decently accommodates virtually every individual living within her borders and completely eradicates slums as had been done in other climes. The government is encouraging both local and foreign investors to fund large projects like residential schemes, shopping malls, and other commercially viable developments. It is encouraging this initiative with various incentives and statutory concessions.

THIS IS NIGERIA

Lagos, Abuja and Port Harcourt all have the largest concentration of multinational and large scale companies and has thus become a job hunting ground for skilled workers in Africa. These workers alongside their families all need to be housed. These locations are in effect the beneficiaries of large volume investment in the real estate sector- choices that any player cannot ignore. Nigeria has plans to upscale its economy to a middle-income (middle class) level between 2010-2020 through her Vision 20:2020. Significant changes are becoming apparent. Recognising however that it could not fully facilitate all the plans alone, it has begun to embrace Public-Private Partnership (PPP) as a panacea for addressing the dearth in the infrastructure provision aspect of her life.

This is a sure promise for better things to expect in Nigeria.

C.E.O’s MESSAGE

C.E.O’s MESSAGE All over the globe, Investors seek business opportunities and source for long term investments that could yield large returns on a continuous basis. Our goal in the Real estate and Construction industry, pursued tactfully now for almost a decade, is to make that experience worthwhile. Our experiences with corporate organisations and individuals have been nothing short of phenomenal. Whether you aspire to own a property to use or you plan to set them aside for investment, our commitment to your cause remains the same.

Our clients, partners and investors recommend us at all levels in the sector making us the preferred choice among many.

Your investments deserve expert attention, tested hands and a commendable team to handle. The Real estate and construction sector requires two different partners for long lasting success. I believe the partners are you and us!

Proximal Heights Development Limited is the center of innovation which boosts investment returns both locally and international. As the providers of real estate properties, we are poised at all times to develop choice offerings ranging from:i. Attractive and economically viable residential estatesii. Profitable commercial buildings, malls, offices, restaurant chain, andiii. Theme recreational hotels, park, cinema and event centres.

I am excited about what the future holds – the creativity and entrepreneurial spirit that drives the capital raising process to deliver untapped opportunities for clients and investors world wide. We are strengthened by three factors – our people, our relationships and our integrity. These have always distinguished us from other firms.

PHDL welcomes further feedbacks, advice as well as criticism, and would be available to respond to your requests.

I look forward to helping you take advantage of our strengths to achieve your real estate vision.

Arc. Samson AkinyosoyePresident/CEO

Proximal Heights Development Limited is a Nigerian real estate company which provides a full range of real estate development and investment services throughout Nigeria and across the breadth of the West African sub-region. Our area of influence spans residential, commercial, and recreational real estate, providing clients assistance with development, purchase, advice and sales. We are privileged to work with local and international corporations as well as individual clients. Years of successful operations in the premium segments of a high-demanding Nigerian real estate market ideally positions Proximal Heights Development Limited to provide clients the best and international standards across the nation. At PHDL, we specialize in opening business/investment opportunities for local and foreign investors.

Our interest lies in tenaciously seeking for better ways of doing business. This is done via the observance of the ethics of our profession, integrity and honest dealings. We believe our continent is highly profitable and as such we help partners to create and then preserve their wealth.

Our special focus also lies with international real estate investors who seek to invest in commercial real estate throughout Nigeria and West Africa and individuals seeking to realize their real estate pursuits in the highly profitable zones in these regions. We strive to provide our clients with full market information, assisting them in locating the most attractive investment opportunities while structuring and completing their investment projects on schedule and efficient cost.

By 2018, the company aims at taking a top position at the Nigerian Stock Exchange (NSE) with a 5 Year Strategic Development Plan underway.

As you may come to know, we operate at different levels of partnership with esteemed institutions and this has been the centre of our success.

OUR PROFILE

OUR MISSION Our mission is to recognize new, value-adding real estate investment opportunities; offer innovative investment products and professional advisory solutions to our clients; create long lasting and mutually beneficial relationships with our partners; conduct business in the most dignifying way to our economy, provide our people with an inspiring and fulfilling work environment where ideas thrive, embrace technology as the enabler of value creation and build a great legacy for our future.

OUR VISION To be the leader in innovative real estate investment solution with the best returns in the global market place. We aim to become the foremost real estate investment, advisory and property development company in the West African sub region. We aspire to maximise our investors' benefits and our clients’ success in the most principled way.

OUR CORE VALUES Our foundation is established on the platter of Integrity, TRUST, EXPER-TISE ,Service, and Innovation We belive that our promises remain sacred. We believe that excellent performance with superior client service through team spirit remains the only way to lead us into the future.

THE GROUP PHDL benefits from the capability of associate companies tapping into their resources when needed. This priviledge makes it possible for the PHDL’s team to parade skilled potentials in the different areas. We are proud to have as sister companies the following: • PROXIMAL HEIGHTS DEVELOPMENT (Architectural Design firm) • RESOURCE TEAM CO. (construction product merchandise).

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PHDL is proud to have an experienced executive management team at its pinnacle. The company has a competent workforce comprised of industry professionals and experts among which are engineers, architects, project managers, surveyors, economists, financial experts, valuers , strategic planners, business development and marketing managers.

Our investors, company directors, executives, consultants and professionals constitute the strong and united team that lies at the heart of our existence. We are glad to share the story that the capability in our people, combined with their dedication towards the best individual and professional standards gives us the lead and that will ensure our continued success.

THE TEAM

OUR BUSINESS MODEL Proximal Heights Development Limited’s Business Model reflects our passion towards the creation and preservation of wealth four clients and partners, improving the lots of the society and actively contributing to the development of our economy.

Our Business Model revolves around these frontiers:

1- Developing our own projects2- Developing our clients projects on Turnkey Basis3- Investment Planning and Feasibility Study for prospective investors4- Co-developing projects with our partners whereby profits and risks are shared5- Developing projects on behalf of an investor in return for Project Consultancy fees6- Management of Property [residential, offices, shopping malls, hotels etc.]7- Consultancy on a wide range of Investment concerns.

PHDL's multi-disciplinary expert teams collaborate to offer unique, solution-oriented method in the provision of its real estate investment, investment advisory, project management, property manage-ment, and related real estate advisory services.

Real Estate InvestmentOur team acts in a unique way to identify, evaluate and also initiate profitable real estate investment business opportunities according to the latest well-proven, research-based method. Our investment strategies include typically the purchase, development as well as sales of land, commercial proper-ties and homes; as well as the funding, structuring and development of property and infrastructure projects, together with preparation of development master plans. We are proud to offer an extensive database of real estate properties, which provides access to almost the entire Nigerian real estate market. Unconditionally, whatever clients need may be, PHDL looks forward to offering them a positively custom unique investment experience.

Investment AdvisoryOur team offers an assortment of expert solutions to advise clients on real estate investments and development. Our expert services comprise specialized research, analysis and continuous market tracking, identification of various investment cases, options for portfolio diversification, as well as optimal exit strategies. We provide access to global knowledge in order to give the most outstanding counsel on all investment decisions.

Project ManagementWe help clients deliver a project from concept to hand-over. Soon after project idea development, approval and then commissioning, our team assumes responsibilities for handling all of the phases of your project including arranging tender documentation, appointing contractors, sub-contractors as well as the suppliers. The responsibility could also include acquiring required approvals from government bodies, and setting up competent communication amongst each and every stakeholder. Our team will also be in charge of ensuring that all tasks are performed in accordance with industry requirements and benchmarks, and the project is finished promptly and within budget.

Property ManagementOur management services are aimed at meeting the demands of individual investors as well as the demands of corporate investors. From well-planned services to tailor-made solutions, our manage-ment services can be suited to your needs. Our management services include lease and rental management, lease renewals, control of administration and repairs, service charge administration and management of vacant properties. At PHDL, we use a technology that allows us to keep tab of all your property details. The technologies enable us have easy indexing systems for quick profiling and referencing.

OUR SERVICES

Real Estate AdvisoryWorking via her network of affiliate organizations and business associates, PHDL offers an exten-sive selection of real estate advisory services to commercial and retail clients. The services on offer include agency representation, and the sale and purchasing of property.

Property ValuationsAt Proximal Heights Development Limited, we can value your investments. With our vast experience in the real estate market, our consultants are trained to advise you on the correct value of your investments. This involves a visit to your property and a study on all units to ensure the maximum possible profit on your investment. We ensure that you get good value for your property.

ConsultationWe carry out open houses to give our clients the exposure they need for their investments. These events are open to all investors and we ensure that open house is well- planned and welcoming to allow investors to conceptualise, sell or rent their investment promptly. Clients will not just get to see completed or buildings in progress, they walk in and see how unique projects built by us looks and feels like.

THEME PROJECTS

Proximal Heights Development Limited conceived this spacious, middle income accommodation in a mix of row houses and flats ideally suited to the working class individuals and family for Upperbond Contractors Limited. This mixed terraces and apartments are conveniently situated for easy access

to the central business districts of Victoria Island and Ikoyi. It is endowed with parks and open spaces for recreation and particularly for children's play activities. This is indeed a community that

fosters tight bonds among the residents.

Proximal Heights Devei f h d

Limited conceived this spacious, md fl t id ll it d t th ki l i delopment Ld fl t id

ome accommodation in a dividuals and family for Upperbondmiddle incodi id l

42 Units of Mixed Terraces and Apartment Residential Estate

[Developed for Upperbond Contractors Limited]

Customarily, human settlements thrive well in a community that has all needs provided for. This is the spirit of the mixed residential estates. It is the toast of many medium and large sized families and many upwardly mobile young professionals will find a place in this development. These 110 units of residential estate benefits from a rich provision for retail shops, green areas, public and

back up electricity supply, well treated water system, landscaped access roads, spacious land lots and security system. Located among several other estates, it promises to delightful experience to

live in.

110 units of Mixed Residential Estate

Customarily, human settlements thrive well in a community that has all needs provided for. This is the spirit of the mixed residential estates. It is the toast of many medium and large sized families

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This project is christened Igbogene Paradise Garden. It is well positioned in entry port into the city of Yenagoa in the Bayelsa State part of Nigeria's Delta region. Typically, the residential housing

options come in about 7 shapes and sizes. They are upscale, trendy and practical. The estate also boast of other activities including schools, hotels, hospitals, shopping plaza and resorts. In its

advance constructions stage, majority of the infrastructure is being built and several buildings are near occupation. There is ample space for conservation as can be seen from several green buffers

that dot the entire estate. This developments offer second to non advantage in terms of easy accessibility to the city centre and escape from the state to other locations thereby making it have

the most potential staying power. Other provisions include bookstores, specialty grocery store, sports bar/pub, police station, gas station, just to list a few.

330 Units of Mixed Residential andCommercial Estate

[Developed for First Investment Limited]

This project is christeof Yenagoa in the B

ene Paradise Garden. It is well payelsa State part of Nigeria's Delta region

ened Igbogayelsa Sta

n entry port into the city Typically, the residential housing

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These buildings are a wonder to behold in terms of the architectural statements they make and the cost efficiency to eventual owners. The 87 units are strategically organised in a cluster that

welcomes each neighbour to his own portion of the shared space and facilities. The complex is composed of townhouses and terraces. These houses have cantilevered terraces and concrete

fascia and suspended floors. This development is essentially designated for residential purposes; there is however a full fledged community surrounding the estate that will provide it with her other needs. The estate also enjoys some other living enhancement features which include traffic calming features such as a slowly

winding street, dead-end road and looped road lined with homes. It is a gated community that gives occupants a sense of security.

87 Units of Residential Estate

To be considered as a medium income housing estate, we are mapping this development for our client in an emerging community in the Niger Delta region of Nigeria. It is an important and neces-

sary part of the regeneration and urban renewal process of the government and is targeted at spreading development to other areas of the city and at the same time providing housing for the

city's populace

300 Units of Mixed Residential Estate

At Proximal Heights Development Limited we are committed to facilitating the delivery of this sustainable 330 units mixed-residential development. In fact, it's what we thrive on. As such, we invite hundreds of investors and large-scale and boutique developers take opportunities in this scheme and maximise capital returns while also helping the region to create exciting, functional places in which to work, live and play.

At Proximal Heights Deve imited we are committed to facilitelopment L delivery of this t th i A h

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To be considered as a medium income housing estate, we are mapping this development for our

Proximal Heights Development Limited has partnered with an investment company to develop this office and retail spaces ideal for businesses that don’t want to set up shop at home and cannot

afford to source big funds for building their own complexes. These suites offer the cost savings of an office, plus all the amenities of traditional office and retail space. The office suites are versatile

enough to accommodate most all of corporate office needs. They can be ideal for new small businesses that need affordable commercial real estate or other businesses; companies with only a few employees that would benefit from having serviced offices; businesses that need short-term or temporary office space; companies with modest space requirements that are looking for office and

retail spaces.

2800 square metres of Office and Retail Space

Proximal Heights Development Limited has partnered with an investment company to develop this

This 4500 m2 office is an architectural phenomenon from PHDL. The office space has central systems for power generation and distribution, air conditioning, water supply and data services. It

has a massive parking lots and enjoys a rich complement of other functions.

4500 square metres of Office Space[Developed for Hyperex International Limited]

Fully furnished 4 by 24 luxury apartments suitable for short term and long term stays. This is most suited for companies with temporary staffing accommodation needs as well as group bookings for

organisations. Situated in the heart of Lagos metropolis, it is a fenced, secured community that will ensure the safety of her occupants. They provide all furniture, bedding and linen, cooking appli-

ances and utensils and laundry facilities. They are cheaper and better than equivalent hotel rooms.

4 units of 24 Luxury Flat Serviced Apartments

Fully furnished 4 by 24 luxury apartments suitable for short term and long term stays This is most

Prime Estate is an upscale mixed use development that meets the living and everyday shopping needs of her inhabitants. The shopping units, occupying the ground and the first floors are expected

to be a rallying point for estate resident and the neighbouring community. Adequate comfort and security has been planned as a special feature of this scheme in addition to the basic amenities that

must be attached to this type of facility.

Prime Estate

Prime Estate is an upscale mixed use development that meets the living and everyday shopping

Primus Mall is a 12,000 square metres mixed use development comprising of offices, retail outlets, light production and warehouse. This 7,000m2 of land is being developed and expected to be a thriving, mixed-commercial community serving offices, retail outlets, light production, warehouse

etc.. PHDL has designed incorporated some of the most innovative technologies and building systems into this development. As with some of our other efforts, this signature projects incorporate sustainability into every aspect of design and merge striking architecture and multi-modal transpor-tation plans with open spaces and public parks. As a result, this like other properties fulfil multiple

needs as robust retail centres, thriving business districts and diverse residential communities.

elopment comprising of offices, retail outlets, nd is being developed and expected to be a

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Primus Mall is a 12,000 square metres mixed use devlight production and warehouse. This 7,000m2 of lanth i i i d i l it i ffi

Primus Mall

BTV will be a 7 hectares resort for local and international visitors with provision of facilities for an unforgettable tourism experience. This 70000 m2 is well on its way to becoming a massive tourist centre to approximately 3,000 people, 500 permanent employees and approximately 3 acres of

public open space. BTV is estimated to be complete in less than 3 years.

Badagry Tourist Village

36 Luxury Terraces and Penthouses

This development shines with a moderate provision of amenities to enhance the quality of living for residents and neighbouring communities. Amenities here include paved roads, recreational park, retail shop, a community gym, services/facilities such as power system, water supply, digital TV

service, data services, central refuse disposal and security surveillance.

From survey, there is a shortfall of 20 million homes in Nigeria which triggers a huge demand for Housing and Infrastructure. This translates that about 11.9% of the people are without decent living conditions. Filling this gap has huge impact for job creation and significant contribution to GDP as is obtained in the BRICS nations [Brazil, Russia, India, China, and South-Africa.] One can say that in these BRICS country , the use of Real estate and construction as an economic tool leads investors into benefitting greatly. This has largely promoted the PPP culture in these countries).

The Real Estate sector provides us all with a basket full of huge investment opportunities. In some locations in Nigeria, some situations allow developers to sell lands, houses and shopping malls even when constructions are yet to be completed. These are as a result of high demands for such commodities in those areas. Rental yields in areas where there is less supply gains more value than areas where there are surpluses. An example is Abuja where the rental yield is 7% to 9% in contrast with Lagos which has slightly 6% to 8%. Other areas are emerging as a trickle down effect of value overflow from the high end locations.

At Proximal Heights Development Limited, we explore these huge opportunities available in the Nigerian economy and bring it to the doorstep of our partners. We create an atmosphere where our partners, investors and clients can create more wealth, retain and be able to multiply them. We invite you to be a part of this.

LOOKING INTO THE FUTURE From our horizon, this is the right time to invest in Real Estate in Nigeria. PHDL can see a very bright future in this sector with a decisive projection which has been implemented.

We open spaces for innovative ideas, creative research and development among all our stakeholders – clients, partners and investors.

PHDL’s achievements today were pioneered by our ability to see an environment where Real Estate and Construction thrives even in a bad economy. Our future can be seen in the possibilities that we see.

For Investors: A Basket of Huge Potentials

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Proximal Heights Development Limited

[Real Estate Development and Advisory]

Corporate Address33 McCullum Street

Ebute MetaLagos, Nigeria

Email: info@proximalheightsdevelopment.comWebsite: www.proximalheightsdevelopment.com

Proximal Heights Proximal Heights Development LimitedDevelopment Limited

[Real Estate Development and Advisory] 33 McCullum Street, Ebute Meta, Lagos, Nigeria.Email: info@proximalheightsdevelopment.com.ngWebsite: www.proximalheightsdevelopment.com.ngTel: 234-1-8516183, 08033700278