Real Estate Professionals In Synergy With Financial Institutions On Property Development, Sales

Professionals in Nigeria’s real estate sector are to synergise with financial institutions for ease in property acquisition in the country and in the United Kingdom.

This platform was provided by two formidable real estate marketing firms, OrbitalQ Properties and Hollysaks Properties that have gone into partnership for the purpose serving the property needs of Nigerians at home and in the Diaspora.
OrbitaQ Properties attend to the Nigerian market while Hollysaks Properties takes care of the UK market and both firms ensure that prospects are well-served.

 

The partnership held its maiden property expo recently in Victoria Island, Lagos where the former Secretary to the Federal Government of Nigeria, Professor Oladapo Afolabi praised the initiative in his keynote address.
The principals of the collaborating firms discussed the unique project on the sidelines of the launch. These are: Oludayo Adeyinka, COO of OrbitalQ Properties; Busayo Adepitan, Managing Director, Holysaks Properties; and Olanike Adesakin-Forsythe, who covers the UK arm of Hollysaks Properties. Also at the event were: Mr. Sunny Oladipupo of OrbitalQ and Mr. Boye Dehinde, the Corporate Affairs

Manager of Ogun State Property Investment Company (OPIC), among other distinguished guests and presenters.
Busayo Adepitan said the idea is to create a platform on which professionals and the investing public can interface for mutual economic gains. “What we want to achieve is to bring clients from Nigeria and the Diaspora to create awareness on our portfolios and the different properties and developments that we have,” she said.
They also showcased the property market in Nigeria, regardless of its unstable nature at this time, saying “we want to come together and create a synergy among key professionals in the industry like the architects, builders, engineers, quantity surveyors, estate surveyors, surveyors, professionals in interior decoration, among others who will work together as one body.”
She said they have many properties in their portfolio which make room for joint venture opportunities to be achieved through the expo they decided to stage.
Both companies, she said operate here in Nigeria and in the UK, saying that their business include, sales, building construction, rent/lease, renovation of property, facilities management, among others.
They have on-going projects in the UK and that they collaborate with public and private institutions, giving an example with a center for youths that they renovated as well as private sector sales.
She said their enterprise is a formidable force and that they conceived the expo as an annual event, adding that they expected new companies to support them.

She explained that the maiden expo was sponsored by both companies and that they did it because of their passion for real estate, saying they intend to make it bigger in the years ahead and attract people who would be interested in funding this project.
According to Oludayo Adeyinka, COO of OrbitalQ Properties, the collaboration started about a year ago in order to cue into sales and marketing, lettings, facilities management in Nigeria, the UK and Ireland and that the point here was to bridge the gap between investors in property and the professionals who provide the services.

“Our aim is to create a platform on which these professionals can come to know themselves and to synergise and to market on behalf of these property developers and assist them to sell properties and that is why we are creating this platform for everybody to be aware that there exists a real estate sales and marketing firm of choice.”
They have quite a number of properties in the UK being managed by Hollysaks Properties, she said, adding “we have in central London and everywhere in the UK.
Prospective homeowners/seekers, she said would only need to tell them the type of property they wanted and their budget, adding that they would come up with an appropriate property. The partnership could be approached at their Elsie Femi Pearse office in Victoria Island, Lagos and they transfer the prospective client over to their partner Hollysaks Properties in London.
She said OrbitalQ is in Nigeria to cover the property market in Lagos, Abuja, Ogun State, Port Harcourt and in other parts of the country, saying they have a wide range of properties from N11 million upwards. “It all depends on your budget.”
On the partnership, Olanike Adesakin-Forsythe said she came to Nigeria to attend the expo and that the idea was to create awareness in Nigeria and in the UK. “What I do is to assist Nigerians coming into the UK to invest in property. We look for property for them and we invite them into the UK to view and we go from there with the mortgage. We actually work with First Bank and if the buyers are citizens they provide their mortgage. We’ve got brokers and lawyers to use. Our partner, OrbitalQ transfers the customers to us in the UK and we take it from there.”

READ ALSO – ESVARBON In Talks With States Over Land For Regional Offices Giving an assessment of the expo, Mr. Sunny Oladipupo of OrbitalQsaid, “We want to make it one of a kind in the country and we are actually looking beyond now. We are actually looking at a situation in the future where most of the property firms in the country will want to partner with us.”
According to him, they would bring in seasoned stakeholders to take part in the expo just as they did at the event; we are even looking at partnering with the government to do more exploit in the property market.”
He said they did a great job with the maiden edition of the Property Expo, “We have actually done very well but we will improve on this presentation.”
Mr. Boye Dehinde, the Corporate Affairs Manager of Ogun State Property Investment Company (OPIC), one of the companies the partnership caters to said “They are one of our major marketers. All of our estates cannot be marketed sole by OPIC; we needed to sublet to marketers.”
They take care of property in the Lagos axis, he said, listing some as the New Makun City and Isheri estates close to the REDEEM Camp.

He said they have just moved to site at new Makun and that roads network is being done, adding that there would be construction of homes and development of serviced plots.
Also, in Agbara there is a new cluster of residential buildings of two and three bedroom homes coming up. Payment is done through the Ogun Home Advantage. Prospective buyers are expected to deposit 30 per cent equity contribution for their desired house type and the remaining 70 per cent is paid over time.
He said they are working with three banks and that prospective buyers could approach any of the banks to finance them, adding that people could come to them through OrbitalQ.