Lekki Pearl Estate: Great Place to Invest in, Stay for Life


Lekki Pearl Estate was unveiled in 2016 by the Management of Alpha Mead Development Company, one of the strategic business units of Alpha Mead Group. Alpha Mead is a Total Real Estate Solution company, which believes in using the right processes, people and technology for quality and sustainable solutions in the real estate and construction industry in Nigeria and places where it has footprints in Africa.
Recently, the company opened the first phase of units in the estate. Our check reveals that the company adopted cast-in situ modular building system, a technology being used in over 45 countries for the provision of affordable housing. The use of the technology came into fruition after the company had partnered with the Wall-Ties & Forms International (WTF), a United States of America based company. Information has it that the use of the technology eased the construction process and reduced cost of building each unit by a very wide margin.
In its efforts of making the units affordable to the prospective homeowners, AMDC has also signed a pack with the Nigerian Mortgage Refinance Company to deepen the country’s mortgage market.
Beyond the use of standardised processes and materials, our analysts note that AMDC intends to ensure IFC EDGE green certification for the Estate shows that buyers would enjoy their investment and having sustainable living because the certification preaches low energy and water consumption by 20%, and greenhouse-gas emissions.  Since the launch of the IFC EDGE green certification, a total of 346,162 MWh and 8,869,830m3 energy and water respectively have been saved per year.

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