Business
Alaro Metropolis, Common Properties ship 48 flats to traders

Alaro Metropolis, in collaboration with Common Properties, has handed over an extra 48 condominium items to subscribers, marking the completion of the second section of the Common Properties challenge valued at $90m.
In a press release, it was famous that this milestone adopted the profitable supply of the primary 48 items in August and highlighted Alaro Metropolis’s dedication to fulfilling its formidable plan of delivering 576 condominium items.
It acknowledged, “Situated off the eight-lane Primary Boulevard in Alaro Metropolis, Common One additionally boasts of a three-acre park, leisure advanced, a swimming pool, soccer pitch, a gymnasium, and lots of extra facilities. Common One brings in cutting-edge know-how in building with the formwork superior know-how that enables a complete ground to be accomplished inside seven days. This know-how is generally utilized in principally Center East and Asia and has seen Common Properties end a complete block of 16 items in 30 days.
“The completion and handover of this second section of Common One is a testomony to our continued dedication to high quality and innovation,” mentioned the Managing Director of Alaro Metropolis, Yomi Ademola,
He acknowledged that the agency was thrilled to welcome extra residents to Alaro Metropolis, a spot the place trendy conveniences meet sustainability in a thriving group.
He remarked, “We have fun not simply particular person achievements, however a collective imaginative and prescient delivered to life.
“Common One at Alaro Metropolis is the biggest residential growth within the Lekki Free Zone, reflecting the potential unlocked via strategic city planning and dedicated funding.
This milestone highlights the rising confidence in Nigeria’s actual property sector and Alaro Metropolis Free Zone, with each native and worldwide (together with diaspora) traders recognising the distinctive alternatives Alaro Metropolis affords a vibrant group, unmatched infrastructure, and confirmed funding returns.
“Collectively, we’re redefining city residing and positioning Alaro Metropolis because the gold commonplace for residential, mixed-use, and industrial growth within the area.”
In the meantime, the Government Director of Common Properties FZE, Roberto Artuso, mentioned, “Our determination to determine Common One inside Alaro Metropolis was pushed by its immense potential as a growth-oriented city centre.
“With this milestone second handover, Common One units the benchmark for future developments, showcasing how thoughtfully designed, trendy housing can create vibrant communities in an evolving city panorama.”

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