Giggles Properties Limited, a leading private real estate development firm with a strong footprint in infrastructure investment, has commenced the redevelopment and upgrade of the Aleshinloye Market in Ibadan.
This initiative is in collaboration with the Ibadan South West Local Government Authority and the Oyo State Ministry of Local Government and Chieftaincy Affairs.
With a reputation for delivering durable and innovative real estate solutions, Giggles Properties Limited is spearheading this market renewal project as part of its commitment to reduce the infrastructural deficit in the state while contributing significantly to economic growth.
The company’s track record includes several large-scale developments across Ibadan and Lagos, with billions of naira invested in equipment, construction materials, and workforce development.
The redevelopment of Aleshinloye Market comes following a fire incident that affected several shops in the area. Giggles Properties has introduced a “Right of First Refusal” policy, allowing affected shop owners priority access to reclaim upgraded spaces before new allocations are made to other interested traders.
According to the company, the new market complex will feature modern infrastructure including well-paved roads, effective drainage systems, solar-powered street lighting, CCTV security surveillance, and fire hydrant systems—all designed to ensure safety, functionality, and long-term value for traders and investors.
“Our project does not only address the physical redevelopment of the market but also contributes to economic empowerment,” a spokesperson for the company said. “From the procurement of locally sourced materials such as cement, iron, and wood, to the creation of temporary and permanent jobs for artisans and professionals, our efforts align with Governor Seyi Makinde’s ‘Omititun’ Economic Development Agenda for Oyo State.”
Giggles Properties expressed gratitude to Governor Makinde for his role in opening up the Oyo economy to strategic private investment, noting that such initiatives are pivotal to sustainable development.
Interested individuals and traders can acquire spaces in the market by contacting Giggles Properties Limited via +234 807 055 5731, visiting their office at Suite C51, Cocoa Mall, Dugbe, Ibadan, or exploring more on their official website: www.gigglesproperties.com.
