Cruxstone Development & Investment Limited wishes to reassure its residents, subscribers, investors, business partners and the general public following the temporary interruption of certain common area services at Iconic Towers, Victoria Island, Lagos State on the 17th of September, 2026.

While the interruption was brief, we sincerely regret the inconvenience and disruption experienced by our residents and occupants. We acknowledge that, irrespective of the circumstances giving rise to the interruption, we have a responsibility to ensure that our residents and stakeholders experience the highest possible level of continuity, communication and service. We take that responsibility seriously.

The temporary restriction arose in the course of an ongoing transactional and administrative engagement between the development partners of Iconic Towers, Cruxstone Development & Investment Limited and the Lagos State Development and Property Corporation (LSDPC) which was resolved within a few hours

We are pleased to confirm that all affected services were restored shortly thereafter and that Iconic Towers continues to operate normally, with residents and occupants enjoying uninterrupted access to the development’s facilities and amenities. At no time was the safety or security of residents compromised.

At Cruxstone, we recognize that the confidence of our residents, subscribers and investors is built not only on the quality of our developments, but also on our responsiveness, professionalism and willingness to take responsibility when service expectations are not fully met. We will continue to review and strengthen our stakeholder engagement and operational processes to support the seamless delivery of our services and the premium living experience for which our developments are known. We are confident that this situation will not occur again as all pending deliberations have been concluded.

We remain committed to maintaining constructive and collaborative engagement with all regulatory and institutional stakeholders while upholding the highest standards of corporate governance, operational excellence and customer service.

We appreciate the understanding, patience and continued confidence of our residents, subscribers, investors, business partners and the wider public.

Cruxstone remains steadfast in its commitment to delivering exceptional real estate developments and professional property management services, while preserving the quality, comfort and lifestyle that Iconic Towers represents.

Signed
Dr. Adetoro Bank-Omotoye
Managing Director/Chief Executive Officer
Cruxstone Development & Investment Limited

In a city where location, accessibility, quality and long-term value are critical to real estate investment, Iconic Towers stands out as a premium development designed for those who understand the value of owning property in one of Lagos’ most prestigious districts.

Located at No. 8 Sinari Daranijo, Iconic Towers enjoys a strategic position within one of Lagos’ most established business and lifestyle destinations.

It is therefore fitting that a development of such distinction should be situated on a street associated with a legacy of excellence.

A Prime Location in the Heart of Victoria Island

Iconic Towers is strategically located off Samuel Adedoyin Street, with easy access to major roads, business districts, lifestyle destinations and corporate institutions.

Its proximity to major corporate establishments, including Zenith Bank, further reinforces the development’s appeal for residents, business professionals and investors.

In real estate, location is more than an address. It is a major driver of demand, convenience and long-term value. Iconic Towers benefits from being positioned within an area where premium residential, commercial and lifestyle developments continue to shape the future of Victoria Island.

A Collection of Distinctive Towers

Iconic Towers comprises a collection of distinctive towers, each offering its own character and premium living experience.

The development includes:

• Silhouette Tower– Completed
• Portrait Tower– Completed
• Nexus Tower
• Cynosure Tower
• Autograph Extended Stay

Together, these towers create a sophisticated development that combines contemporary architecture, premium residences and carefully curated lifestyle experiences.

More Than a Residence

Iconic Towers has been designed to offer more than just a place to live. It brings together a range of facilities and services intended to provide residents with comfort, convenience and an elevated lifestyle.

Residents can enjoy access to amenities and services including:

• Swimming pools
• Sports and recreational facilities
• Restaurants
• Spa facilities
• 24/7 concierge services
• Smart home and entertainment features
• And other lifestyle amenities

Every element is designed to create an environment where residents can live, relax, work and entertain without compromising on convenience or quality.

Available Units at Iconic Towers

For investors and prospective homeowners looking to secure a unit, the following residences are currently available:

Unit Type	No. Available	Tower & Location	Price
Studio Apartment	2	Autograph, 10th Floor	₦400,000,000
2-Bedroom Apartment	1	Autograph, 12th Floor	₦800,000,000
2-Bedroom Apartment + BQ	1	Cynosure Cruxstone Tower, Floor 4	₦600,000,000
3-Bedroom Apartment + BQ	1	Portrait Tower C, Floor 8	₦850,000,000
3-Bedroom Maisonette Penthouse + BQ	2	Portrait Tower C	₦1,276,000,000
4-Bedroom Maisonette Penthouse + BQ	1	Nexus Tower	₦1,386,000,000

With a range of options spanning studio apartments to four-bedroom maisonette penthouses, Iconic Towers offers opportunities for different investment and lifestyle objectives.

An Opportunity Worth Securing

Premium real estate is not simply about owning a property. It is about owning in the right location, within the right development, and at the right time.

Iconic Towers brings together a prestigious Victoria Island address, distinctive architecture, premium amenities and a selection of high-end residences, making it an opportunity worthy of serious consideration.

Don’t miss the opportunity to secure a residence at Iconic Towers. With very limited units currently available, now is the time to take the next step.

Contact us today to enquire about available units and secure your place at Iconic Towers.

Real estate is no longer just about constructing buildings. It is about creating comunities, experiences, and investment opportunities that stand the test of time.

Since its establishment in 2017, Cruxstone Group has remained committed to redefining the Nigerian real estate landscape. With more than 200 completed homes, the company has consistently delivered developments that combine quality, innovation, and long-term investment value.

In a recent interview with BusinessDay, Managing Director Adetoro Bank-Omotoye shared insights into Cruxstone’s journey, the company’s expansion into hospitality and tourism, and its vision for building destinations that contribute to Nigeria’s economic growth.

Thriving Through Market Challenges

Despite inflation, rising construction costs, and economic uncertainties, Cruxstone continues to identify opportunities where others see obstacles.

According to Bank-Omotoye, periods of economic pressure encourage innovation rather than discourage investment. Instead of reacting to market challenges, the company focuses on developing projects that meet changing customer expectations while maintaining exceptional quality and long-term value.

Today’s property buyers are increasingly making investment decisions based on appreciation potential, infrastructure, rental income, lifestyle benefits, and location rather than simply purchasing a home.

This shift aligns perfectly with Cruxstone’s development philosophy.

Expanding into Hospitality and Tourism

Recognizing the untapped potential within Nigeria’s hospitality industry, Cruxstone expanded beyond residential developments with two flagship projects:

• AutographPlus, an innovative hotel apartment investment model that democratizes ownership in hospitality.
• NauticaBeach Resort, a premium beachfront destination in Eti-Osa, Lekki, designed to offer world-class leisure experiences within Lagos.

The company’s investment in tourism reflects its belief that real estate can become a catalyst for economic development, employment, and destination growth.

Rather than simply building structures, Cruxstone is developing environments where people can live, relax, invest, and create lasting memories.

Why Nautica Beach Resort Matters

Nautica Beach Resort was created to meet the growing demand for premium recreational experiences within Lagos.

Instead of travelling long distances for quality leisure, residents and visitors can enjoy a carefully curated destination offering:

• Beautifulbeachfront experiences
• Family-friendlyattractions
• Adventureand recreational activities
• Premiumdining
• Corporateevent spaces
• Relaxationand entertainment

The resort represents a new generation of lifestyle destinations that combine hospitality, recreation, and community in one location.

More Than a Beach Resort

Earlier this year, Cruxstone relaunched Nautica Beach Resort to reposition it as a complete lifestyle destination.

The refreshed vision focuses on continuously improving guest experiences through expanded activities, enhanced facilities, and memorable events designed for families, friends, tourists, and corporate groups.

The goal is simple: create a destination guests want to return to again and again.

The Advantage of Location

Situated within Lagos, Nautica Beach Resort offers one of its strongest competitive advantages, accessibility.

Guests enjoy the convenience of escaping the city’s fast pace without travelling to distant coastal destinations.

Whether for spontaneous day trips, weekend relaxation, celebrations, family outings, or corporate retreats, the resort delivers an accessible luxury experience within the city.

Safety, Accessibility, and Family Experiences

Safety remains a core priority at Nautica Beach Resort.

Cruxstone continues to invest in creating a secure, welcoming, and professionally managed environment that allows guests to relax with confidence.

The resort also offers curated packages tailored for:

• Families
• Friends
• Corporateorganizations
• Groupoutings
• Celebrations
• Team-buildingevents

These experiences are designed to maximize value while ensuring memorable moments for every visitor.

Unlocking Nigeria’s Tourism Potential

Bank-motoye believes Nigeria’s coastline represents one of the country’s most underutilized economic assets.

The opportunity lies not merely in having more beaches, but in developing, managing, marketing, and maintaining them to international standards.

As Lagos continues to grow, demand for high-quality recreational destinations will only increase.

Projects like Nautica Beach Resort demonstrate how private-sector investment can contribute meaningfully to tourism, hospitality, and urban lifestyle development.

Looking Ahead

Cruxstone’s journey reflects a broader evolution in Nigerian real estate.

The company is no longer focused solely on delivering properties, it is building destinations, creating experiences, and developing investment opportunities that generate lasting value.

With residential developments, hospitality investments, and destination projects working together, Cruxstone continues to demonstrate that the future of real estate extends far beyond bricks and mortar.

It is about creating places where people can live better, invest smarter, and experience more.