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Periwinkle Empire Launches $150M Abuja Condo Project

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Periwinkle Empire Launches $150M Abuja Condo Project

Periwinkle Empire has officially entered Abuja's luxury real estate market with the announcement of a $150 million, 20-storey residential tower named Royalties Abuja, located in the Central Business District, opposite the United States Consulate. The partnership with Prime Luxury Address Ltd was formalized on October 6, 2026, during a consortium agreement signing and project site handover.

Dr. Peter Adejoh, Chairman of Prime Luxury Address Ltd, stated that the project aims to set a new standard for premium residential development in Abuja, contributing to economic activity and job creation. Dr. Chiedu A. Nweke, Chairman of Periwinkle Empire, noted that this development marks the company's first significant project in Abuja, expanding its reach beyond Lagos.

The choice of Abuja was influenced by its strategic importance and investment potential. The main contractor, Al Mansour Contracting Limited, represented by Engr Wael Mansour, committed to adhering to international engineering standards and targeting LEED certification for sustainability.

Plus234Feed summary based on reporting from Daily Post. Read the original report below.

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