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Insight & Analysis - February 11, 2022

Top 7 Most Bankable Real Estate Companies in Lagos

For many in Lagos, 2022 is a year they will undertake major investments in the real estate sector.

The real estate market in Lagos continues to show increased potential despite the challenges faced in the past few years arising from the COVID-19 pandemic. It is also gradually adjusting even as investors act with cautious optimism in terms of investment opportunities.

According to Estate Intel, 2022 is expected to be a record year for the real estate market not just in Nigeria but Africa as a whole and there are expectations that the year will witness an increase in foreign direct investment with shifting occupier patterns to e-commerce.

It also anticipates that the market will continue to grow with sectors such as residential, logistics, and healthcare fueling this growth. Increased demand coupled with limited supply in the residential sector, in particular, are set to underpin the sector’s performance in 2022, it says.

For many, 2022 is a year they will undertake major investments in the real estate sector. Here, we curate 7 bankable companies you can look to for your real estate needs in terms of purchase of land or even finished buildings:

Foreshore Waters

Foreshore Waters is a leading real estate developer in Lagos, Nigeria with several distinctive projects from a portfolio of iconic master residential developments.

It has luxury properties in Ikeja GRA, Osborne, Alexander Road, and Banana Island, and has a track record of excellent delivery.

Some of its signature luxury developments include Ime Heights situated at Ikoyi, Riverside Apartments, Banana Island, and Riverside Duplexes also in Banana Island.

Rendeavour

Rendeavour is a Pan-African property development company with a development portfolio that includes more than 30,000 acres (12,000 ha) of land in the urban growth trajectories of major cities in Kenya, Ghana, Nigeria, Zambia, and the Democratic Republic of Congo.

Founded by Stephen Jennings, a pioneer of capital markets in Africa and Central & Eastern Europe with over $200 billion of investment attracted to these regions, Rendeavour is the brain behind Alaro city, located within the Lekki Free Zone on a 1,000 ha (2,470 acres) which is positioned to be one of the most desired places to live and work as the free zone comes alive.

For anyone looking to secure a piece of either residential or commercial space within the Free Trade Zone, now is probably the time, and companies such as Rendeavour are the go-to for such needs.

Gloch Stylistic Ltd

Gloch Stylistic Ltd offers luxury real estate apartments for sale in highbrow areas such as Banana Island and Victoria Island with signature developments such as Galilee Heights in Banana Island, Sarrie Apartments in Ikoyi, and the Gloch Tower.

The company prides itself in making “luxury affordable” by building sustainable, quality, luxurious homes and says it is committed to adhering to all building codes, requirements, and building community-friendly business, to serve those who want to experience the lifestyle of the rich and famous, without breaking the bank.

Capival Homes

Capival Homes provides upscale and exclusive properties across the country for those looking for exceptional delivery. Its offerings include Hampton Bay, Lekki, Hampton Lake and Morning Side Harbour, Banana Island

ADRON Homes

Regarded as one of the foremost and most popular real estate companies in Nigeria, it has estates in major states in the country including Lagos, Ogun, Oyo, Osun, Abuja, Niger, and Nasarawa. The company also offers payment in instalments which allows buyers to spread payment over an agreed time frame.

RevolutionPlus Property

Founded by Bamidele Onalaja who is the Group Managing Director and Chief Executive Officer, RevolutionPlus began operations in 2014 as a real estate company that offers the sale of lands and houses. It also offers flexible payment plans and other incentives to make the acquisition of properties easier.

It has seven other subsidiaries namely RevolutionPlus Property Development Company Limited, RevolutionPlus Constructions and Infrastructure Limited, Remarkable Hotels and Apartments Limited, Remarkable Impact Investment Limited, Remarkable Foods Limited, Chris Bamidele Onalaja Foundation(CBOF), and Angelic Lingerie.

PWAN PLUS

PWAN PLUS undertakes the buying, selling, renting, or leasing of land or buildings (housing).

It boasts of a rich history of delivery of quality real estate projects and has estates in various locations across the country such as Lekki, Ajah, Akwa Ibom, and Owerri for both residential and commercial use.

READ ALSO: 4 Real Estate Investment Platforms in Nigeria

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