Frequently Asked Questions
Cocoon Homes was established in April 2013, with Silk Invest (a UK fund manager) and Monument Development (a Nigeria Real Estate Developer) as founding shareholders.
Cocoon has not completed any projects yet. All projects are in the planning phase. We plan to commence the first phase of our Cocoon Atlantic project to deliver about 400 homes in November 2017.
Cocoon presently operates out of its offices in Lagos.
We are currently working on 2 projects: Cocoon Atlantic in Lagos and a Cocoon Savannah concept project. The Atlantic project is a low-medium segment mixed-use development, while the Savannah project is predominantly a site and service project (infrastructure development) with plans for some low-income housing and commercial buildings.
It is estimated that the Atlantic Project will be completed in the year 2020. However, the projects will be phased and finished homes will be delivered as soon as a phase is completed.
Cocoon is in partnership with local and foreign architects and other consultants in the industry. Cocoon also plans to partner with suppliers and construction companies in the coming months.
Our residential properties will be for sale. However, we plan to offer some commercial spaces for rent.
Our locations are fast developing areas with access to good infrastructure, commercial centres and major projects like the free trade zone, international seaport, airports, refinery, malls, schools and hospitals. Our communities will have world-class infrastructure, substantial green areas, ample parking and will be well managed by professional facilities managers.
Cocoon will engage security consultants to plan and deploy the highest levels of security systems to protect the residents of our developments. This will include the use of technology as well as professional armed and unarmed guards.
Our communities are mainly residential, with some commercial spaces for the benefit of the community.