Land is a crucial asset in the real estate sector, playing a key role in economic development and wealth creation. Its value often increases over time, making it a significant factor in real estate transactions and investment strategies. In recent years, ambitious entrepreneurs have recognized that acquiring and developing land is a viable way to build multigenerational wealth.
This recognition has led to the emergence of numerous real estate companies in Nigeria. With countless options available, finding the right real estate company is essential for success. To simplify the search for real estate options, we have compiled a list of the top ten real estate companies in Nigeria.
Top Real Estate Companies in Nigeria.
- Dutum
- Jide Taiwo and Co.
- Adron Homes & Properties
- Sujimoto Construction Limited
- Penek Nigeria Limited
- Besitz
- Land Republic
- Abuja Property Development Company
- Fine and Country
- Cappa and D’alberto Company
1. DUTUM
Description: With over 20 years of experience in construction, Dutum remains the topmost real estate company in Nigeria. Building real estate in rural and urban areas, including but not limited to acreage, small town, and country homes, recreational cabins, retirement property, and waterfront properties, they are known in Nigeria and Africa for a term called “Peace of mind Engineering”
With a professional, trained, and dedicated team and a track record of successful developments, Dutum is the real estate company to trust for exceptional results.
Office Location: Lagos, Abuja, Ibadan
Year founded: 1994
Key Services: Real Estate, Facility Management, Engineering, Procurement, Construction, Building Construction
Industries Served: Housing, Engineering, Real Estate, Procurement.
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2. Jide Taiwo & Co
Description: Recognized by the Estate Surveyors and Valuers Registration Board of Nigeria [ESVARBON] Jide Taiwo and Co is a professional real estate company in Nigeria.
With their deep understanding of the real estate space in Nigeria, they work hard to drive their real estate solutions to their target audience with the use of cutting-edge technology.
Office Location: Lagos, Nigeria
Year founded: 2012
Team Size: 500 employees
Key Services: Property Management, Facility Management, Project Development, Consultancy, Valuation.
3. Adron Homes and Properties
Description: At Adron Homes and Properties, their main goal is to deliver on their promise to secure suitable housing for everyone across Nigeria. With over 12 years of Real Estate Innovation and Transformation and 9 estates in different parts of Nigeria, They are committed to expanding their client base and showcasing their affordable real estate listings.
Office Location: Lagos, Nigeria.
Year founded: 2012
Team Size: N/A
Key Services: Property Management, Real Estate.
4. Sujimoto Construction Limited
Description: When you think of luxury real estate, think of Sujimoto Construction Limited. As Nigeria’s premier luxury real estate company, Sujimoto sets the standard for opulence and sophistication through breathtaking architecture. With an unwavering commitment to excellence, elegance, and precision, we craft extraordinary living spaces that redefine the boundaries of luxury.
Office Location: Lagos, Nigeria
Year founded: 2014
Team Size: 11 – 50 employees
Key Services: Shortlet services, Real Estate, Consultancy,
5. Penek Nigeria Limited
Description: Pennek Nigeria Limited is a Real Estate company that deals with Real estate investment, development, and management. With excellence, integrity, and professionalism as their watchword, they plan to deliver affordable luxury homes to their clientele across Nigeria.
Office Location: Lagos
Year founded: 2010
Team Size: 100 – 500 employees
Key Services: Property Management, Real Estate Investment, Project Development
6. Besitz Properties
Description: Besitz Groups hope to partner with their clients to create lasting prosperity, and to provide financial security and success through real estate solutions.
As a top real estate company in Nigeria, they customize the real estate journey for their clients by only providing listings that meet their needs, cutting out mindless hours spent visiting unsuitable listings, they also provide investment options for land seekers and homeowners
Office Location: Abuja, Nigeria
Year founded: 2012
Team Size: 10 -50 Employees
Key Services: Real Estate, Land Development, Investment,
7. Land Republic
Description: With offices in Nigeria & USA, Land Republic aims to revolutionize the Real Estate industry with the use of innovative solutions that help their clients achieve their dreams. They are also on a mission to make real estate acquisition a streamlined process by offering digitalized real estate investment. Their experience is not only limited to Nigerian real estate as they are currently managing portfolios that span countries.
Office Location: Lagos, Nigeria
Year founded: N/A
Team Size: 11 – 50 employees
Key Services: Land charting, Property Management, Real estate sale, Citizenship Investment
8. Abuja Property Development Company
Description: Abuja Property Development Company was founded in 1994 as a subsidiary of what is now the Abuja Investment Company Limited, and with 30 years of experience, they are committed to providing top-quality real estate construction services to their clients,
Year founded: 1994
Office Location: Abuja, Nigeria
Team Size: 11-200 employees
Key Services: Real Estate Construction, Facility Management, Consultancy,
9. Fine and Country
Description: Founded in 2008, Fine and Country, an award-winning real estate company in Nigeria, they have redefined the term ‘Luxury Real Estate’ by providing listings with top-notch architecture and construction to their clientele
Office Location: Ikoyi, Lagos, Nigeria
Year founded: 2008
Team Size: 50 – 100 employees
Key Services: Development, Consultancy, Real Estate Research, Branding, Project Administration
10. Cappa and D’Alberto
Description: Established in 1932, Cappa and D’alberto are one of Nigeria’s oldest construction companies with a track record of delivering excellent construction and engineering services to their clients in various parts of Nigeria and outside its shores. With well-trained professionals and top-notch technology, equipment, and structured Health Safety and Environment Policies, they offer cost-friendly construction and engineering services to projects be it small or large.
Office Location: Lagos, Nigeria
Year founded: 1932
Team Size: 50 – 100 employees
Key Services: Construction, Facility Management.
FAQs About Real Estate Companies in Nigeria
What are the 4 Types of Real Estate?
The 4 types of real estate are Land, Residential, Commercial, and Industrial Real Estate.
Land
This simply refers to undeveloped land, land seekers and business owners usually prefer this type of real estate as it gives them the freedom and creativity to build what they desire.
Commercial
Another type is Commercial, Which is the use of land or real estate for commercial purposes like businesses, markets, hotels, parks, event centers, etc.
Residential
On the other hand, Residential real estate is exclusively for people looking for already-built structures to live in, either as a lease or fully bought.
Industrial
This type of real estate is used for industrial purposes like factories, plants, roads, railways, etc.
Are Real Estate Companies Worth it?
In Nigeria, real estate companies can offer valuable insights into the local market and help navigate regulatory complexities. To maximize benefits, it’s important to carefully evaluate companies, consider alternative options, and weigh the pros and cons. Whether you’re buying, selling, or investing, informed decision-making is key.
How do I Find a Good Real Estate Company in Nigeria?
When searching for a Real Estate Company, there are several steps you can follow to ensure you find the right one for your needs.
Step 1: Define Your Goals and Needs
Clearly define your goals and requirements. Decide what real estate services you desire and look for companies that fit that role. Look for real estate companies with a proven track record in delivering results in your preferred area.
Step 2: Initiate Your Search
Begin your search by going through the list we prepared. Explore Company websites, pay attention to conversations centered around Real estate, and read through the websites of interesting companies. Refine your search by searching various case studies to find companies specializing in your desired area.
Step 3: Assess Their Online Presence
Pay rapt attention to the quality of their online presence and reputation. Look for a clear information structure, easy navigation, and relevant services. Check their presence on social networks like LinkedIn and Facebook for more insights and reviews.
Step 4: Get in Touch
Contact the shortlisted companies via email, highlighting your interests. Request a face-to-face meeting or a conference call to gauge their responsiveness and communication style.
Step 5: Hold Meetings
Prepare questions for face-to-face meetings with the Companies if possible. Assess their knowledge and understanding of your goal and preferences. Evaluate their presentations, ideas, and creative services, ensuring they align with your goals and resonate with you.
Step 6: Make Them Pitch Their Ideas
Narrow down your ideal choices to three to five companies and request a quotation.
Step 7: The Final Decision
Consider the fee structure and other factors like expertise and communication. Prioritize companies that deliver exceptional work and align with your vision. Remember, quality and client service matter more than the price, and paying more for excellence is better than settling for average solutions.