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Ibadankeys: IBADAN; Iconic 12 Floors AJE HOUSE In Coma ! - Properties - Nairaland

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Ibadankeys: IBADAN; Iconic 12 Floors AJE HOUSE In Coma ! by ibadankeys: 1:31am On Dec 28, 2017
Unlike its sister state (Lagos) ibadan does not have the LUXURY of Grade A/Head spinning skyscrapers gracing its skylines. While Lagos seems to be churning out exceptional and amazing state of the art LEED towers some with HELIPAD, Ibadan seems bent on depleting its own "mild" stock.

There are 3 main iconic offices towers at the city center... DUGBE and one of them is DOWN or has been DOWN....
AJE HOUSE !. Aje house seems to be rotting away ! Owned by ancestral holding conglomerate ODU'A GROUP, 12 floors Aje house is probably one of the earliest FIRST CLASS office towers in Nigeria( pre-independence,). Built by renowned construction giant Cappa d'berto in the 50s and opened for use in 1960, Aje house was once the city's PRIDE

This office facility has however been emptied of all its sitting tenants sometimes in late 2000 on the pretext that a major upgrade/renovation was in the offering, but 7-9 years down the line.....NOTHING ! This long period of "abandonment" is generating concern amongst the city's real estate practitioners punding why such huge INCOME generating asset can be allowed to slide into a state of comatose "indefinitely"..... 7-9 years is certainly a long WAIT for whatever upgrade is in the offering or "drawning board".

Aje house holds a "special place" in minds of professionals in the city's business/intellectual community as Aje house and its "lesser" peers such as ile-itesiwaju and Leventis building were the ABODE/REFUGE of young professionals in the 80s, 90s and 2000.....more so as Cocoa house was consumed in the infamous inferno and Brooking House was out of reach for the young professionals just finding thier feet. Without any doubt quite a sizeable number of the city's now CELEBRATED professionals must have passed through one of these 3 office structures on thier way to the Zenith of thier carriers. However its said to note that of all these 3, Aje house is the ONLY one in dire straits !.

Ironically, AJE in Yoruba parlance means "Money". ODU'A should wake-up and do everything possible in 2018 to bring life again to Aje house either Public,Private Partnership (PPP) or some other businesses model. There is no excuse as other less outstanding office structures in the CBD are doing well !. Kingsway building as an example...ironically Kingsway building absolved 70% of Aje house tenants when they told to leave.

Aje house is a CASH COW any day for the conglomerate lF well managed ! .We saw what they did with Heritage Mall and the city engulfed in excitement !. Same with the "spin" used for ACE estate, Jericho GRA....an outstanding project !. Aje house "project" should not be unsurmountable. We are WATCHING !!

Re: Ibadankeys: IBADAN; Iconic 12 Floors AJE HOUSE In Coma ! by ibadankeys: 8:59pm On Jan 03, 2018
ibadankeys:
Unlike its sister state (Lagos) ibadan does not have the LUXURY of Grade A/Head spinning skyscrapers gracing its skylines. While Lagos seems to be churning out exceptional and amazing state of the art LEED towers some with HELIPAD, Ibadan seems bent on depleting its own "mild" stock.

There are 3 main iconic offices towers at the city center... DUGBE and one of them is DOWN or has been DOWN....
AJE HOUSE !. Aje house seems to be rotting away ! Owned by ancestral holding conglomerate ODU'A GROUP, 12 floors Aje house is probably one of the earliest FIRST CLASS office towers in Nigeria( pre-independence,). Built by renowned construction giant Cappa d'berto in the 50s and opened for use in 1960, Aje house was once the city's PRIDE

This office facility has however been emptied of all its sitting tenants sometimes in late 2000 on the pretext that a major upgrade/renovation was in the offering, but 7-9 years down the line.....NOTHING ! This long period of "abandonment" is generating concern amongst the city's real estate practitioners punding why such huge INCOME generating asset can be allowed to slide into a state of comatose "indefinitely"..... 7-9 years is certainly a long WAIT for whatever upgrade is in the offering or "drawning board".

Aje house holds a "special place" in minds of professionals in the city's business/intellectual community as Aje house and its "lesser" peers such as ile-itesiwaju and Leventis building were the ABODE/REFUGE of young professionals in the 80s, 90s and 2000.....more so as Cocoa house was consumed in the infamous inferno and Brooking House was out of reach for the young professionals just finding thier feet. Without any doubt quite a sizeable number of the city's now CELEBRATED professionals must have passed through one of these 3 office structures on thier way to the Zenith of thier carriers. However its said to note that of all these 3, Aje house is the ONLY one in dire straits !.

Ironically, AJE in Yoruba parlance means "Money". ODU'A should wake-up and do everything possible in 2018 to bring life again to Aje house either Public,Private Partnership (PPP) or some other businesses model. There is no excuse as other less outstanding office structures in the CBD are doing well !. Kingsway building as an example...ironically Kingsway building absolved 70% of Aje house tenants when they told to leave.

Aje house is a CASH COW any day for the conglomerate lF well managed ! .We saw what they did with Heritage Mall and the city engulfed in excitement !. Same with the "spin" used for ACE estate, Jericho GRA....an outstanding project !. Aje house "project" should not be unsurmountable. We are WATCHING !.



Re: Ibadankeys: IBADAN; Iconic 12 Floors AJE HOUSE In Coma ! by ibadankeys: 10:30pm On Jan 17, 2018
ibadankeys:
Unlike its sister state (Lagos) ibadan does not have the LUXURY of Grade A/Head spinning skyscrapers gracing its skylines. While Lagos seems to be churning out exceptional and amazing state of the art LEED towers some with HELIPAD, Ibadan seems bent on depleting its own "mild" stock.

There are 3 main iconic offices towers at the city center... DUGBE and one of them is DOWN or has been DOWN....
AJE HOUSE !. Aje house seems to be rotting away ! Owned by ancestral holding conglomerate ODU'A GROUP, 12 floors Aje house is probably one of the earliest FIRST CLASS office towers in Nigeria( pre-independence,). Built by renowned construction giant Cappa d'berto in the 50s and opened for use in 1960, Aje house was once the city's PRIDE

This office facility has however been emptied of all its sitting tenants sometimes in late 2000 on the pretext that a major upgrade/renovation was in the offering, but 7-9 years down the line.....NOTHING ! This long period of "abandonment" is generating concern amongst the city's real estate practitioners punding why such huge INCOME generating asset can be allowed to slide into a state of comatose "indefinitely"..... 7-9 years is certainly a long WAIT for whatever upgrade is in the offering or "drawning board".

Aje house holds a "special place" in minds of professionals in the city's business/intellectual community as Aje house and its "lesser" peers such as ile-itesiwaju and Leventis building were the ABODE/REFUGE of young professionals in the 80s, 90s and 2000.....more so as Cocoa house was consumed in the infamous inferno and Brooking House was out of reach for the young professionals just finding thier feet. Without any doubt quite a sizeable number of the city's now CELEBRATED professionals must have passed through one of these 3 office structures on thier way to the Zenith of thier carriers. However its said to note that of all these 3, Aje house is the ONLY one in dire straits !.

Ironically, AJE in Yoruba parlance means "Money". ODU'A should wake-up and do everything possible in 2018 to bring life again to Aje house either Public,Private Partnership (PPP) or some other businesses model. There is no excuse as other less outstanding office structures in the CBD are doing well !. Kingsway building as an example...ironically Kingsway building absolved 70% of Aje house tenants when they told to leave.

Aje house is a CASH COW any day for the conglomerate lF well managed ! .We saw what they did with Heritage Mall and the city engulfed in excitement !. Same with the "spin" used for ACE estate, Jericho GRA....an outstanding project !. Aje house "project" should not be unsurmountable. We are WATCHING !!



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