Right now, one real estate company that is making waves is Landmark Corporate Realty Ltd. It is currently promoting a new project in Isheri North L.G.A in Lagos. It is offering 2 and 3 Paragon Smart and Luxury Apartment in that neighbourhood for N2.5m initial deposit.
Landmark is calling on Lagosians to come and experience Luxury in Paragon. It also has many other housing projects up for sale.
Landmark is one of the leading real estate companies that was recently celebrated at the last 6th CityPeople Real Estate Awards. It is run by a young and successful property developer, Dr. Harrison Agboifoh. And he has done a lot in that sector. He has broken new grounds. Let’s tell you more about him. Dr. Harrison Agboifoh is the CEO of Landmark Corporate Realty Ltd. He is an alumnus of the prestigious Harvard Business School, United States of America where he bagged an Associate degree in Project Finance, Capital Market and Real Estate. He received an Honorary Doctorate Degree from The European American University for his commitment to the development of real estate in Nigeria. He is also an alumnus of the prominent Lagos State University (LASU) and Obafemi Awolowo University, Ile-Ife respectively. He is a Fellow of the Association of Chartered Certified Accountants (ACCA). Agboifoh, is a Chartered Accountant with almost a decade of experience in the banking industry and a man with a great vision to make housing affordable for all.
He is one of the brilliant minds in the Real Estate sector. He made a first class in Accounting at the Lagos State University. He has an MBA and was into banking for about 10 years before he moved into Real Estate and after 7 years, he has made appreciable and remarkable mark in the industry. He runs one of the most reliable and resource-driven real estate companies. He has a solid reputation in the industry for delivering on his promise. That is why people see him as a man of great integrity. In 7 years, he has built one of the best real estate companies in Nigeria.
His company is one of the largest real estate investment firms in Nigeria. It is a real estate investment firm positioned to deliver a cutting edge and competitive real estate solutions to our valued clients. “We engage in real estate development, brokerage and management” he explained to City People last week. “We offer good and flexible payment plans on all our products and services. Our clientele includes corporate bodies, private individuals, co-operative societies, institutions and companies”.
The company is one of the largest independent property management company in the marketplace, providing the most sophisticated property solutions for all types of investors. The strength of Landmark Corporate Realty Ltd stems from its over-riding commitment to work in partnership with its clients. “It is what our clients expect and is undoubtedly the reason Landmark is the industry leader in real estate development and management.” he added. “Our proven track record will ensure you receive value for money in the servies we provide. We at Landmark handle all services with a very high level of professionalism as client satisfaction is our topmost priority and at no extra cost or hidden charges.”
“We develop/build/manage real estates across Nigeria. Our activities rang from purchasing of raw land, sales of improved parcels to buildings, renovations and re-leasing of existing buildings. We buy land, finance real estate deals, build and have the best builders build under bond at a fixed cost. We also create, imagine, control and orchestrate the process of property development from the beginning to the end.
“Stages of our real estate developmental operations are: acquisition and development of land, estate design and building, Redesign and development of existing structures, Building design and construction for third party.” Meanwhile, apart from real estate, Dr. Agboifoh, also has an investment in freight forwarding and importation.
He is a result oriented chief executive driven to establish strategic mutually beneficial partnerships and relationships with people and organizations. He is adept at creating strategic alliances with organization leaders to effectively align with and support key business initiatives. He excels at building and retaining performance teams by developing and motivating skilled professionals.
Dr. Agboifoh’s professional skills are in the areas of business development, revenue generation and strategic planning. He is a devoted Christian, enjoys playing lawn tennis during his leisure time and is happily married to his wife and blessed with children.
When you sit down to talk to Dr. Harrison Agboifoh about Real Estate business you will instantly know that he understands the business inside out. He is on top of his game. He not only understands the suppy side of the business, he also knows a lot about the demand side. He knows how the industry runs and what can be done to make it run more effectively. What has made it easy for him is his solid academic background in Finance & Accounting. He is a great man of figures. He was also a seasoned banker before he called it quits to go into real estate. So, he knows how to manage his costs and deliver on his promise.
Dr. Harrison Agboifoh had his first degree from Lagos State University where he had first class in Accounting. He has an MBA from Obafemi Awolowo University. He has a certification course from the Harvard Business School on Project Management.
He spent a decade in the banking industry before he actually went into real estate? How did he get into real estate? “I have always wanted to be in real estate,’ he explained. “I didn’t go into real estate by mistake. It was something born out of passion. I have always liked real estate since I was a kid. I love looking at architectural designs. I love looking at the photos of good houses but I never knew how I would go about it. I come from a humble background. So, I had to go and source for the finance because the money is not there. So, I went ito the banking industry. But I have always known what I wanted to do”.
When did he start Real Estate? “I started Real Estate in 2012”, he revealed. “That was when I started Landmark, and I have been in business for about 7 years. Within the 7 years we have done a lot. We have had to surmount a lot of challenges. We have been up and down. We’ve really seen a lot of people come into business and crashed out. One thing about Landmark that has kept us going is Integrity. We don’t joke with our Integrity. That is our watchword. Integrity and we deliver. Many people rush into this business thinking there is big money to be made. They come in, face challenges and rush out again. Yes, there is money in real estate but I tell you that you have to be patient enough before you hit the gold in the business. You can just come in 2 to 3 years and think you can make the big money. That is what has been happening. That is what has been the problem in real estate in this part of the world. There is a lot of fake people coming in, with different mind sets. They come in to want to make money. Our problem in real estate now is that people have been duped. For most of them delivery on their promise is a problem. They promise a lot and they don’t deliver. We have been facing this kind of problem for years, but we have been able to convince our clients that Landmark is really different. We tell our clients about our past record. It has not been easy. But at the same time, God being on our side we have been able to pass through the dark period. One of the problems facing the industy is that there is a lot of quacks. Those are the people that are making the business to be very tough for us. They will come, they will promise to deliver off sale plan and not deliver. There is nothing wrong in doing off sale plan. Basically, its done all over the world. When you want to make money in real estate, you will go in, you will buy off sale plan, when it is ready the worth of the building will have appreciated”.
How can the government help you, developers? “On the side of the government, they really need to do their own part. They need to partner with property developers. The business is capital intensive. There is a whole lot government can do. I think the government can actually give a Construction loan like a single digit because it is actually capital intensive in Nigeria. We are trying to bridge the gap in the housing deficit in Nigeria. Nigeria is an emerging country and you know what an emerging country is. As the population keeps growing, there is a need for houses. So government should come up with a construction loan. It should also create an enabling environment, whereby we will be able to play our own roles effectively.