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RCCG Opens 14-Floor Storey Tower in Lagos with the intention of donating 2 billion of its Rental Proceeds to Charity

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The Redeemed Christian Church of God, the City of David has opened a 14-storey floor building which it said is one of its kind in Lagos. The church said the proceeds from the rental income from the building will be donated to charity. According to reports, the building boasts of several features including a gym. parking space for over 600 cars and 14 lifts 

Last week, the tower was opened to the public where brokerage companies, Estate Links like Gbenga Olaniyan & Associates including Knight Frank asked notable brokers for a walk-through of the towers in a programme tagged ‘Agents Partnership Forum,’ attracting top companies in the real estate industry in Lagos. According to Gbenga Olaniyan of Estate Links, the building was developed to make income that would allow the church to carry out its different Corporate Social Responsibilities (CSR).

Olaniyan said the City of David has a major CSR project and anticipated that rental income from the property will be in excess of N2 billion per annum, saying that the money will be used for its CSR projects and that all the proceeds will go to charitable causes. He said the building uniquely stands out amongst its peers in terms of having the best parking ratio of 1:33 square metre, and access to air water and land, and high lift square meterage and boasting of 14 lifts in the building which is well-appointed retail shops on the ground and upper floors in the building, retail shops on the ground and upper floors, making it a one-stop for work, leisure and games. 

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