Profiles: Leading Real Estate Firms in Nigeria Today

Last Updated on January 26, 2024

Introduction

The Nigerian real estate industry is a rapidly growing market with immense potential for investors. The industry has witnessed significant growth over the last decade, driven by a growing population, urbanization, and increasing demand for housing and commercial properties.

To thrive in this market, it is crucial to know the key players in the industry. Understanding the leading real estate firms provides insights into the market trends, strengths, and potential risks.

In this blog section, we delve deeper into the profiles of the leading real estate firms in Nigeria. We highlight their unique selling propositions, their strengths, and their contributions to the industry.

Whether you are a real estate investor, developer, or enthusiast, this blog section will provide you with valuable information that will guide your investment decisions and understanding of the Nigerian real estate market. So, join us on this exciting journey as we explore the success stories and innovations of the top real estate firms in Nigeria.

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Profile 1: Cappa & D’Alberto Plc

Cappa & D’Alberto Plc is a real estate and infrastructure development company founded in 1932. The firm has its headquarters in Lagos, Nigeria, and prides itself as one of the longest-standing, indigenous real estate firms in the country.

Services Offered

• Real estate development and management
  
  
• Project management and consultancy
  
  
• Facility management services

Notable Projects

• The development of the Maryland Mall, a shopping center in Lagos
  
  
• The construction of the Nigerian Deposit Insurance Corporation regional headquarters in Lagos
  
  
• The ongoing development of Cappa-Rock Estate, a luxury residence in Lekki, Lagos
  

Achievements and Awards

Cappa & D’Alberto Plc has won several awards in recognition of its impact on the Nigerian real estate industry. Some of these include:

• Award for excellence in infrastructure development by the Nigerian Society of Engineers in 2015
  
  
• Best property development company of the year by the Nigerian Real Estate Summit and Expo in 2017
  
  
• Award for corporate social responsibility by the Nigerian Institute of Estate Surveyors and Valuers in 2020
  

Growth Potential

Cappa & D’Alberto Plc has shown tremendous growth potential in recent years. The company’s investments in modern technologies and collaborations with international firms position it to dominate Nigeria’s real estate. The firm has also expanded its services to other sectors such as power and energy, further increasing its potential for growth.

Basically, Cappa & D’Alberto Plc has established itself as a leading player in the Nigerian real estate industry. The firm’s commitment to quality service, innovative solutions, and community development ensures continued impact for years ahead.

Read: Role of Government in Boosting Construction in Nigeria

Profile 2: Novarick Homes and Properties Limited

Novarick Homes and Properties Limited is a leading real estate firm in Nigeria that specializes in the development, management, and sale of residential and commercial properties. A dynamic team of real estate industry professionals founded the company in 2020 with extensive experience.

Background Information

• Founded in 2020 by a team of experienced professionals in the real estate industry.
  
  
• “Committed to offering quality, affordable housing solutions to Nigerians, the company strives to meet their needs.”
  
  
• The company’s headquarters are in Lagos, Nigeria.
  
  
• The company has a growing portfolio of properties in Lagos and other major cities across the country.
  

Services Offered

Novarick Homes and Properties Limited offers a wide range of real estate services to its clients. These services include:

• Property Development: The company develops high-quality residential and commercial properties that meet the needs of its clients.
  
  
• Novarick Homes and Properties Limited offers professional property management services, ensuring well-maintained and efficiently operated properties for clients.
  
  
• Real Estate Brokerage: The company provides brokerage services for buying, selling, or leasing properties.
  
  
• Project Financing: Novarick Homes and Properties Limited helps developers and investors secure financing for their real estate projects.
  

Notable Projects

Novarick Homes and Properties Limited has completed several notable projects in Nigeria. Some of these projects include:

• Graziella Gardens: This is a residential estate located in Lekki, Lagos. It showcases 21 units of 4-bedroom terrace houses, designed to cater to the needs of modern families.
  
  
• The Clarion: This is a commercial office space located in Victoria Island, Lagos. Designed to cater to corporate organizations seeking premium office space in a prime location.
  

Achievements and Awards

Despite being a relatively new entrant in the real estate industry in Nigeria, Novarick Homes and Properties Limited has already achieved several notable milestones. Some of its achievements and awards include:

• At the Nigerian Business Leadership Awards, the company received recognition as the 2020 Real Estate Company of the Year.
  
  
• The Nigerian Institute of Estate Surveyors and Valuers recognized Novarick Homes and Properties Limited for outstanding contributions to real estate development.
  

Growth Potential

Novarick Homes and Properties Limited has a bright future ahead. The company has a solid management team, a growing portfolio of properties, and a commitment to quality and affordability.

With a strong position, Novarick Homes and Properties Limited can capitalize on the growth in Nigeria’s real estate industry.

In a nutshell, Novarick Homes and Properties Limited, a dynamic and innovative real estate firm, commits to affordable housing solutions. With a solid management team, a growing portfolio of properties, and a commitment to excellence, the company has a bright future ahead.

Read: Exploring the Impact of COVID-19 on Nigerian Real Estate

Profile 3: Propertymart

Background information

Propertymart is a pioneering real estate development company in Nigeria that has been in operation since 2008. The firm’s innovative and dynamic approach to property development results in a track record of world-class projects across Nigeria.

Services offered

Propertymart offers a range of real estate services including property development, property management, sales and marketing, and real estate advisory services. The company prioritizes delivering value to clients, ensuring quality service and customer satisfaction.

Notable projects

Propertymart has executed several notable real estate projects across Nigeria, including:

• Citiview Estate, Lagos: A contemporary mixed-use estate located in the heart of Lagos State which features premium apartments, commercial spaces, and recreational facilities.
  
  
• Mitchell’s Court, Lagos: A luxurious residential development that consists of several townhouses and flats located in the prestigious Ikoyi neighborhood of Lagos.
  
  
• Stanford Business Park, Lagos: A world-class commercial development located in the Lekki area of Lagos that offers a range of office spaces and business facilities.
  

Achievements and awards

Propertymart has received several awards and recognition for its impressive real estate projects and outstanding achievements. Some of the notable awards include:

• Best Real Estate Company of the Year: Nigeria Real Estate Investors Forum & Expo (NREIFE) Awards, 2019
  
  
• Best Real Estate Development Company: City People Real Estate Awards, 2018
  
  
• CEO of the Year: Nigerian Business Leadership Awards, 2017
  

Growth potential

Propertymart’s innovative and customer-centric real estate development approach positions it for continued impressive growth.The company has a solid reputation in the Nigerian real estate sector and is constantly adapting to meet the evolving needs of its clients.

Ultimately, Propertymart is a leading real estate development company in Nigeria that has made a significant impact in the industry. Its focus on quality service delivery, innovative solutions, and customer satisfaction have earned it numerous awards and recognition.

Investors and clients looking for a reliable and trustworthy real estate partner in Nigeria can trust Propertymart to deliver exceptional results.

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Profile 4: UPDC Plc

UPDC Plc is one of the leading real estate firms in Nigeria today, providing a wide range of services across the real estate value chain. Here’s a breakdown of some important information about UPDC:

Background Information

In 1997, UAC of Nigeria Plc established UPDC Plc as its subsidiary. With over two decades of experience, it has become a household name in the real estate industry in Nigeria. The company’s reputation rests on its focus on quality, innovation, and sustainability in all projects.

Services Offered

UPDC Plc offers a broad spectrum of real estate services, including development of high-end residential and commercial properties, property management, facilities management, and real estate advisory services. The company tailors its services to meet the unique needs of its clients.

Notable Projects

UPDC has completed several landmark projects over the years, some of which include:

• UPDC Towers: This is a high-end office complex located in the heart of Lagos’ Central Business District. It comprises two towers connected by a skybridge and offers top-notch facilities and services.
  
  
• UPDC Estate: This is a luxury estate located in Banana Island, one of the most exclusive neighborhoods in Lagos. It comprises 30 high-end apartments and offers a range of amenities.
  
  
• UPDC Mall: This is a modern shopping mall located in Victoria Island, Lagos. It features a range of retail stores, restaurants, and entertainment facilities.
  
  
• Oniru Private Estate: This is a residential estate located in Victoria Island, Lagos. It features a range of luxurious apartments and townhouses and offers top-notch facilities and services.
  

Achievements and Awards

UPDC Plc has won several awards over the years for its excellence in the real estate industry. Some of its notable achievements and awards include:

• Best Property Company of the Year – Nigeria Real Estate Investor Forum and Awards (2019)
  
  
• Property Development Excellence Award – Nigeria Housing Awards (2018)
  
  
• Real Estate Investment Firm of the Year – Nigeria Entrepreneurs Award (2017)
  
  
• Best Real Estate Company – Nigeria Property Awards (2016)
  

Growth Potential

UPDC Plc has significant growth potential in the Nigerian real estate market. UPDC positions itself to capitalize on the rising demand for quality housing and commercial property, expanding operations. With a strong balance sheet and ample funding, the company seizes new market opportunities.

UPDC Plc is a noteworthy player in the Nigerian real estate industry, known for its quality, innovation, and sustainability. With a broad range of services, a track record of successful projects, and significant growth potential, UPDC is a company to watch in the years to come.

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Profile 5: Mixta Africa

Mixta Africa is one of the leading real estate firms in Nigeria, with a focus on developing affordable properties for all classes of individuals. The company has been in existence for over four decades, and has a track record of excellence in the industry.

Background Information

• In 1974, Mixta Africa established as ARM’s property development arm.
  
  
• In 2005, the company became a standalone entity and joined the Nigerian Stock Exchange listing in 2007
  
  
• With over 40 years of experience, Mixta Africa has become a household name in the real estate industry in Nigeria.
  

Services Offered

• Mixta Africa offers a range of real estate services, including land acquisition, development, and management.
  
  
• The company also provides property sales and leasing services to individuals and corporations.
  
  
• Mixta Africa has a reputation for developing affordable and sustainable properties in both the residential and commercial sectors.
  

Notable Projects

• Mixta Africa has developed several iconic properties across Nigeria, including Lekki Pearl Garden, Beechwood Estate, Grenadines Homes, and Victoria Crest Homes.
  
  
• The company is currently working on the development of Alaro City, a mixed-use project that will feature a business park, industrial park, and residential area on a 2,000 hectare land in Lagos.
  
  
• Other notable projects by Mixta Africa include the Asokoro Island and Maitama Heights in Abuja.

Achievement and Awards

• Mixta Africa has won several awards and accolades, including the Property Development Company of the Year at the 2017 Nigeria Real Estate Award.
  
  
• At the 2018 Nigeria Property Awards, the company earned recognition as the Best Real Estate Developer.
  
  
• Experts acknowledge Mixta Africa’s contributions to affordable housing development in Nigeria.
  

Growth Potential

• Mixta Africa has shown significant growth potential, with its focus on developing affordable and sustainable properties in Nigeria.
  
  
• The company has expanded its operations to other African countries, including Morocco, Senegal, and Cote d’Ivoire.
  
  
• Mixta Africa commits to delivering quality, affordable housing solutions to Nigerians, while poised for continued growth ahead.
  

In essence, Mixta Africa is a top-notch real estate firm in Nigeria with a proven track record of excellence. The company’s commitment to developing affordable and sustainable properties has made it a popular choice for individuals and corporations in the country.

Mixta Africa’s growth potential and innovation focus position it at the forefront of Nigeria and Africa’s real estate industry.

Read: How to Become a Licensed Real Estate Agent in Nigeria

Conclusion

The Nigerian real estate industry has seen impressive growth in recent times, with several leading firms contributing to that growth. Companies like Jide Taiwo & Co., Fine and Country, and Broll Nigeria have stood out in the industry and have emerged as top players.

Partnering with reputable firms in the industry is crucial to ensuring success in the real estate sector in Nigeria. These firms have the expertise, network, and resources required to deliver quality service, which is important for clients and investors.

The future outlook for the Nigerian real estate industry is promising, as the government continues to implement policies aimed at creating a conducive environment for investment in the sector. The industry anticipates substantial growth, offering numerous opportunities to investors.

In the end, whether you are a buyer, seller, investor, or developer, partnering with leading real estate firms is a surefire way to achieve success in the Nigerian real estate industry.