The country’s foreign reserves have been under pressure in face of dwindling oil earnings and reduced capital inflows from risk-averse foreign investors. The decline in oil prices was largely driven by weakened crude oil demand, the global pandemic and the oil price war between Russia and Saudi Arabia. The external reserves have been $32 to […]

Demand for residential leases.

demand for residential leases

Demand for residential leases in secure gated communities will continue to grow along with locations a safe distance from major thoroughfares. The Grade office market will return much different than what it was before the pandemic – less occupied, not as pricey. We expect that data centers, cell towers, power cabins, and the like will […]

World At Home

2020 will be described as the year of unprecedented shifts and shocks. COVID-19 effects were evident in the economy and real estate markets the world over. Crude oil prices hovered around $42pb and employment numbers weakened. And while new business opportunities opened up, few firms are likely to return to the organizational structures of 2019. […]

Absa Financial Market (Nigeria moves from 6th to 3rd)

  The nation moved from 6th to 3rd in 2019 on Absa’s Financial Markets 2020 Index. One commonality across all funding reports is the rise and domination of Nigeria as an investment destination. Nigeria is the leading destination for startup venture capital investment on the continent. But the currency remains a sore point and maneuverings […]

Purple Lekki

Experience affordable lifestyle experience through principal investments in superior mixed-use facilities and services at Purplemaryland, and now Purple Lekki. Enjoy lifestyle services spanning real estate, retail, e-commerce, media, and advertising, entertainment and family fun, financial services amongst others. In Nigeria, it will now be easy to own a home in a mixed-use facility, as we […]

Interview With Jide Odusolu

Creating a community at Ocean Bay was more important than closing deals – Jide Odusolu   Talk about a highly principled, professional, and poised mid-aged mover and shaker in the Nigerian real estate industry, Jide Odusolu fits in all. Leaving an “almost perfect job” in one of Nigeria’s best oil and gas companies, Jide embraced […]