BlogsThe Benefits of Land Investment in a Fast-Developing Area: A Comprehensive Guide

August 9, 20231

Unlike the stock market that is volatile, land investment is highly profitable and can withstand inflation or market swings. Therefore, investing in land can be a lucrative opportunity, especially in fast-developing areas. As more and more people move into these areas, the demand for land increases, and prices rise. In this comprehensive guide, we will discuss the benefits of land investment in a fast-developing area.

What is Land Investment?

Land investment is simply the purchase of land with the intention of building a house or commercial property on it or for Agricultural purposes. The value of the land definitely increases with respect to the resources you add to this area. Some investors purchase the land for the purpose of building their homes, while others consider it a real estate investment. 

Read also: Real Estate Investment in Nigeria: Is it Truly Worth it?

The Benefits of Land Investment in a Fast-Developing Area 

  1. Appreciation of Land Value

One of the biggest benefits of investing in land is the appreciation of its value over time. In fast-developing areas, the value of land tends to increase rapidly as more people move into the area. This is because there is a limited supply of land, and as demand increases, the price of land goes up. Therefore, investing in land in a fast-developing area can provide a high return on investment. Although, a variety of factors can influence the value of a property(land), including its location, future development plans and the physical structure.

  1. Potential for Development

Investing in land in a fast-developing area provides an opportunity for development. Developers are often looking for land to build on, and if you own land in a prime location, you may be able to sell it to a developer for a significant profit. Additionally, you could develop the land yourself and build homes or commercial properties, generating additional income.

  1. Diversification of Investment Portfolio

Investing in land is a way to diversify your investment portfolio. Land investments are not subject to the same market fluctuations as stocks and bonds. Therefore, investing in land can help to mitigate risk and provide a stable investment option.

  1. Long-Term Investment

Land is known to be the asset with the longest life span as it cannot be depreciated, meaning nobody cannot account for its cost by gradually reducing its value over its useful life span. In other words, the useful life span of land is considered to be basically eternal. Therefore, investing in land is a long-term investment. Unlike stocks and bonds that can be sold quickly, land investments require a longer holding period to realize significant gains. However, the long-term nature of land investments can provide a steady source of income over time.

  1. Low Maintenance

Land investments are relatively low maintenance compared to other types of investments. Once you purchase the land, you do not have to worry about upkeep or maintenance. Additionally, land investments do not require any special skills or knowledge, making it an accessible investment option for everyone.

  1. Tax Benefits

Investing in land can provide tax benefits. Depending on the location and use of the land, you may be eligible for tax deductions or credits. Additionally, if you hold onto the land for a certain period of time, you may be able to defer taxes on any gains realized from the sale of the land.

  1. Hedge Against Inflation

Land investments can serve as a hedge against inflation. As inflation rates rise, the value of land tends to increase as well. Therefore, investing in land can provide a way to protect your wealth against inflation.

  1. Tangible Asset

Land investments are a tangible asset. Unlike stocks and bonds, which exist only on paper, land is a physical asset that can be seen and touched. Therefore, investing in land can provide a sense of security and stability.

  1. Potential for Passive Income

Investing in land can provide potential for passive income. If you own land in a prime location, you could lease it to farmers or ranchers, generating rental income. Additionally, if you develop the land, you could rent or sell the properties, generating additional income.

  1. Legacy Investment

Investing in land can be a legacy investment. Land is a finite resource, and owning land can provide a way to leave a lasting legacy for future generations. Additionally, if you hold onto the land for a long period of time, the value of the land could increase significantly, providing a valuable asset to pass on to your heirs.

Read also: The Evolution of Luxury Real Estate: From Castles to Skyscrapers

What to consider before buying land in Nigeria.

Making significant financial investments such as land acquisition requires careful thought and planning, especially in a complex market like Nigeria. The following are the crucial factors to consider when purchasing land in Nigeria. 

  1. Location

This should be the foremost consideration. It is essential to understand that the site of land greatly influences its value both in the current and future sense. The land’s accessibility and proximity to major roads, commercial areas, educational institutions, healthcare facilities, and residential areas can impact its potential for appreciation in value. It is important to conduct a thorough survey of the area and also consider factors like potential government plans that may affect future developments.

  1. Verification of legal documents

Nigeria’s land tenure system can be complex, necessitating careful validation of all ownership and transfer documents. It is crucial to confirm the authenticity of documents like the Certificate of Occupancy, Deed of Assignment, Survey Plan, and Tax Clearance Certificates. In addition, it is vital to engage the services of a lawyer in scrutinizing these legal documents to avoid land scams and disputes.

  1. Security

Safety is paramount, especially if the land purchase is meant for residential or commercial use. Investigate the security situation in the area by talking to residents and checking local news reports. It is also advisable to consider the land’s fencing and safety measures put in place to safeguard the property.

Read also: Luxury Living on Water: Yachts and Waterfront Homes

Conclusion:

In conclusion, investing in land in a fast-developing area can provide a wide range of benefits, including appreciation of land value, potential for development, diversification of investment portfolio, long-term investment, low maintenance, tax benefits, hedge against inflation, tangible asset, potential for passive income, and legacy investment. However, before investing in land, it is important to do your research and at Palton Morgan Holdings we can help you achieve this. Get in touch with us today and we would be glad to solve all your property investment needs.

References: 
  1. Oni, A. O. (2011). An overview of the Nigerian land tenure system and property ownership. International Journal of Business and Management, 6(2), 210.
  2. Omirin, M. M. (2003). Land accessibility and residential land use pattern in urban fringe of Lagos, Nigeria. Journal of Environmental Sciences, 15(2), 244-252.
  3. Amadi, A., & Okoye, N. (2013). Land use survey for sustainable living in Nigeria. International Journal of Development and Sustainability, 2(1), 46-56.

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Oyelami Oluwasogo

Chief Legal Officer, Palton Morgan Holdings

‘Sogo Oyelami is the Chief Legal Officer at Palton Morgan Holdings Limited (a foremost real estate holding company). Prior to joining Palton Morgan Holdings, for a brief period he headed the In-House legal department of TY Holdings Limited (an investment company with interests in Oil and Gas, Real Estate, Shipping, Hospitality, Agriculture, and Financial services) and provided strategic support to the Managing Director. He was before then Lead Consultant at DIANOIA PLURIS (Corporate commercial law firm) based in Lagos Nigeria. He has a Bachelor’s degree in Law from the Olabisi Onabanjo University and was called to the Nigerian bar in 2007. Sogo is an alumnus of Daystar Leadership Academy, having successfully undergone the Basic and Advanced Leadership Course. He subsequently completed the coursework for a Masters in Managerial Psychology at the University of Ibadan.

He has since then attended numerous trainings, and professional courses at the Harvard Business School, Association of Certified Anti-Money Laundering Specialists (ACAMS), the Lagos Business School, and the CITN Tax Academy He had a short stint with the firm of NATH AGUNBIADE & CO between 2005 and 2006 where he undertook a brief period of legal internship. Upon his call to the Nigerian Bar he undertook the mandatory National Youth Service Corps Scheme with the LEGAL AID COUNCIL OF NIGERIA from 2007 to 2008 and thereafter practiced with the firms of CHIEF MAKANJUOLA ESAN (SAN) & CO. (Ibadan, Oyo), TINU AJANAKU & CO. (Ikeja, Lagos) and L & A LEGAL CONSULTANTS (Ikoyi, Lagos) from 2008 to 2013. Sogo is a highly resourceful Solicitor with a deep knowledge of Commercial Law and has advised on Intellectual property,

regulatory compliance, company secretarial, corporate commercial transactions and real property acquisitions and perfections for local and foreign clients. He has over his legal career promoted, advised and acted as Company Secretaries /General Legal Counsel to the first major online Crowd funding Platform in West Africa. He was part of a team of lawyers who advised a consortium of foreign investors interested in executing the construction of mega shopping malls in Nigeria. 

He has advised and represented several private and public companies on trademark registration applications and Intellectual property protection. He was also part of a team of lawyers who advised a consortium of Nigerian entertainment companies exclusive creative content license and distribution transaction valued at N250,000,000 in 2010 with a multinational telecommunications outfit. ‘Sogo has also among other transactions advised an investment firm on the divestment of its interest in a boutique hotel located at a prime location in Victoria Island and then valued at N 120,000,000 in 2008. He recently advised on the resuscitation of a rice farm with investments valued at N7,000,000,000.

Sogo is a Member, International Bar Association, International Centre for Dispute Resolution (ICDR) Young and International, an Associate member of Chartered Institute of Arbitrators U.K. (Nigeria Branch), Member, Nigerian Bar Association (Lagos Island), Student Member of The Institute of Chartered Secretaries and Administrators of Nigeria and Member, Creative Commons Nigeria. http://wiki/creativecommons.org/Nigeria. Sogo’s current reading list includes David Osborne and Ted Gabler’s Reinventing Government- How The Entrepreneurial Spirit Is Transforming The Public Sector. He spends his pastime improving his French, reading widely and thinking up innovative models/solutions for solving unobvious problems.

Adeyinka Adesope

Group Managing Director/CEO , Palton Morgan Holdings

Adeyinka Adesope is the GMD/CEO of Palton Morgan Holdings – the holding company of Grenadines Homes, Propertymart, The Oceanna, Paltonloitte & Associates, and Mitcherutti Contractors. Before leading Palton Morgan, Adeyinka was the Managing Director of Propertymart Real Estate Investment Limited, a fast-growing real estate development firm. The company witnessed significant growth and success during his tenure as the Managing Director.

Adeyinka’s stint with both local & multinational companies and his valuable experience helped to transform the company into a strategy think-tank and a leader in the nation’s real estate sector. He is a known promoter of innovation and creativity. He does not believe in limitations. He is a young and unassuming entrepreneur with over a decade of experience in the business world.

He is a first-class graduate of Law from the prestigious University of Buckingham, United Kingdom. He has degrees and professional certifications in business management, building & construction management, estate development, sales & marketing, leadership and politics.

Adeyinka is an alumnus of Cambridge Judge Business School of the University of Cambridge, United Kingdom, an international member of the National Association of Home Builders, Washington D.C., United States, an associate member of the Institute of Directors, Nigeria, and a Fellow of the Institute for Government Research & Leadership Technology. He is a fellow of the Nigeria Institute of Marketing and an alumnus of both Lagos Business School and Ogun State University.

Adeyinka is a recipient of numerous prestigious awards, a Peace Ambassador of the United Nations Universal Peace Federation and above all, a child of the Most High GOD.

Chris Ogbechie

Director , Palton Morgan Holdings

BENG MBA, PhD

Professor Chris Ogbechie is a Director with Palton Morgan Holdings. He has wide experience in marketing and strategy derived from his work as Head of Marketing/Sales at Nestle Nigeria, Xerox and from his consulting work with Nigerian firms over the years. While in Nestle he had wide international exposure in Malaysia, Singapore and Switzerland.

Former Chairman of Diamond Bank Plc, Professor Ogbechie teaches strategy, sustainability and corporate
governance at the Lagos Business School where he is currently the Dean, a visiting Professor Strathmore Business in Nairobi, Kenya and the University of Kigali, Kigali, Rwanda.; he is also the founding Director of the School’s Sustainability Centre. His current research and consulting interests are in strategic planning and corporate governance. He has several publications in financial services marketing, strategic planning, corporate social responsibility and corporate governance.

He has also presented papers in various international conferences. Some of his most notable publications include: Strategic Marketing of Financial Services – A Nigerian Perspective, and Re-engineering the Nigerian Society through Social Marketing.

Professor Ogbechie has been involved with several start-ups and he is on the board of several companies and has
led several consulting engagements involving Corporate and Business Strategy Development, Customer and
Employee Engagement measurement and process development, Marketing Strategy Development and
Restructuring for financial institutions all around Africa.

Delphine Misan-Arenyeka

Director, Palton Morgan Holdings

Delphine Misan-Arenyeka is a director with Palton Morgan Holdings. Prior to her engagement, she served on the pioneer board of Habitat for Humanity, Nigeria, for four years and the Millard Fuller Foundation for over eight years as Chairperson, head of finance and admin matters board sub-committee.

In addition, she has worked with the International Livestock Centre for Africa (ILCA) now ILRI  (International Livestock Research Institute) in Addis Ababa and at the firm, Deloitte Haskins and Sells, a management consulting firm where she single handed oversaw the consultancy business of the firm for a two and a half year period.

Her work with ILCA earned her a Ford Foundation Award to proceed for postgraduate studies in the UK.

In 2014, Delphine was appointed as Vice Chairperson of the local organising committee for the International Conference on Disabilities in conjunction with the IASSIDD (International Association for Scientific Studies on Intellectual Disabilities Disorders) Academy. The conference which held from June 22nd to 25th, 2015 was the first ever in Africa. Delphine currently sits on the board of the Community Development Foundation, a micro- credit and entrepreneurial capacity development NGO with branches in 23 states of the Federation. She is currently an independent consultant with People Affairs Limited, a human resources consultancy she co – established with her close friend for the past 7 years.

Delphine Misan-Arenyeka has a first degree in Agricultural Economics from the University of Ibadan, as well as a Masters degree in Business Management and Finance from the University of London (The Imperial College at Wye, Kent).

Ronke Bammeke

Director, Palton Morgan Holdings

Ronke Bammeke sits as a director on the board of Palton Morgan Holdings with over twenty-seven years of banking, information technology, accounting and general management experience. She was formerly the Managing Director of Guaranty Trust Bank UK Ltd where she had overall responsibility for licensing and other establishment aspects of the subsidiary.

She was also General Manager, Operations at First Bank Nig. Plc where she created an independent operations function that effectively discharged its first level operational risk management role by initiating and implementing a radical structural change that separated branch operations from branch sales and marketing. She is currently the Managing Director of Cedar Consult Ltd.

Ronke holds a First Class degree in Computer Science and Economics from Obafemi Awolowo University Ile-Ife and a MSc. in Management from London Business School.

Oguntoyinbo Semira

Executive Director, Palton Morgan Holdings

Semira Oguntoyinbo is the Executive Director of the group. Until this appointment, she served as the General Manager, Sales, Marketing and Customer Service Division for the company.

Semira has over twelve years’ experience in banking Industry spanning Corporate Communication, Commercial and Retail banking. She started her career with Guaranty Trust Bank and later moved to Access Bank Plc. She worked in various marketing divisions of the banking sector for 13 years before moving to Propertymart Real Estate Investment Limited in 2013.

Semira is self-driven, credible, result-oriented with a positive outlook, and a clear focus on high quality. A natural forward planner who critically assesses own performance. She served both in the public and private sectors of the Nigerian economy.

An empathic communicator, sees things from the other person’s point of view, she is well- presented and business-like, always keen on acquiring new experience. She is responsible and accountable. She gets along well with others and also a good team-player.

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Lorem ipsum, or lipsum as it is sometimes known, is dummy text used in laying out print, graphic or web designs. The passage is attributed to an unknown typesetter in the 15th century who is thought to have scrambled parts of Cicero’s De Finibus Bonorum et Malorum for use in a type specimen book.

Lorem ipsum, or lipsum as it is sometimes known, is dummy text used in laying out print, graphic or web designs. The passage is attributed to an unknown typesetter in the 15th century who is thought to have scrambled parts of Cicero’s De Finibus Bonorum et Malorum for use in a type specimen book.

Lorem ipsum, or lipsum as it is sometimes known, is dummy text used in laying out print, graphic or web designs. The passage is attributed to an unknown typesetter in the 15th century who is thought to have scrambled parts of Cicero’s De Finibus Bonorum et Malorum for use in a type specimen book.

Mumtaz Zaidi

Chief Marketing Officer, Palton Morgan Holdings

Mumtaz Zaidi is a business graduate (MBA) from Institute of Business Administration (IBA), Pakistan and received his post-graduate Diploma in Advertising from CIM, UK. His is an expert in Brand Marketing, Project Sales, Customer Services, Real Estate JVs, Franchise Development and Project Management

He has a successful track record with blue chip companies in Pakistan, UAE and Turkey. He embraced Sales, Marketing and Customer Services as career option and served telecoms, FMCGs, Automobile, fashion and premium Real Estate brands.
Spent over decades in UAE, 3 Year in Pakistan, 2 years in Istanbul and Now in Africa.

He is known for building brands from the scratch and grown product lines to greater success. Launched many products, services, projects and subsidiaries. Created strong platforms to sell in UAE, Pakistan and in Istanbul. Developed strong teams for projects and created successors.

Before coming to Africa, he worked with Emaar Pakistan as Commercial Director, Top-notch real estate projects in Dubai like Dubai Silicon Oasis, Dubai Maritime, Business Bay and non-real estate companies LG, Etisalat, Emirates Airlines, Cairo Festival City, Masdar to name a few. Now working with Palton Morgan Holdings as Chief Marketing Officer, and looking after the corporate brand and its subsidiaries. He joined the company to work on company’s new vision statement and expansion of Palton Morgan Holdings to Africa and beyond.

Fanibuyan John

John Fanibuyan is a Professional accountant ( Chartered Accountant) with over 17 years cognate work experience and a demonstrated track record in accounting, finance, internal control & Audit and business management.

His experience cut across different business sectors raging from Manufacturing, Telecoms, Construction, Secured Prints, FCMG, Real Estate etc. He specializes in increasing efficiency and productivity through evaluation of financial management systems, implementation of innovative business process improvements, risk management and cost savings initiatives, Interdisciplinary approach to issues in line with corporate goals and objectives

Core Competencies include but not limited to Financial Management and Accounting.
Working Capital Management, Internal Control and Process Improvements, Risk Management.
Strategic Business Planning and Analysis, Budgeting and Budgetary Control, Cost Reduction and Project Cost Control. The last place he worked before Joining Palton Morgan Holding is Superflux International Limited. A secured Print company that specializes in production of Cheques for banks in Nigeria as Head, Internal Audit August 2014 to January2017.

Before becoming the Corporate service Director, he has worked at Palton Morgan Holdings as Head Internal Audit from February 2017 to December 2018, Head, Shared Services from January 2019 till July 2020. He is an alumnus of University of Ado Ekiti and Cambridge Judge Business School, University of Cambridge.

Oladimeji Olatunji-Audu

Business/Assets Development Director, Palton Morgan Holdings

Oladimeji is a graduate of Lagos State University, Ojo, Lagos. He holds degrees in many fields including combined Social Sciences,(B.Ed.) Sociology of Education, (M.Ed); (M.Phil.). Prior to joining Grenadines Homes, he was with The Address Homes Limited, FBN Mortgages Limited and spent years in UK working in social healthcare sectors. A strategic business leader who has worked extensively over the course of his career on multiple real estate development projects across Lagos encompassing construction, project management, real estate marketing and sales.

An astute real estate professional, strategist and educationist, he has a keen understanding of real estate investing principle, which has led to a 60% ROI on his projects. Highly passionate about incorporating intelligent design and aesthetics into building designs, Dimeji never compromises on quality and client satisfaction; at which time his expertise in project management, finance, and marketing stood him in good stead. He is also an expert in team building, employee motivation and performance management having spent time early in his professional life as a human resource executive. He has attended several trainings and workshops in Leadership, Project Management, strategy decision and risk Management.

Oboku Dairo

Head Legal, Palton Morgan

Oboku is a graduate of the University of Buckingham and holds an LLM in oil and gas law from the University of Aberdeen, UK. She was called to the Nigerian bar in 2010 and has been in active legal practice since then. She started her career with a focus on commercial dispute resolution and has handled matters from their inception to conclusion and even to the appellate level. She has attended several trainings and workshops on topics ranging from drafting, negotiation to project management.

She specializes in commercial and corporate matters and has a wealth of experience in the real estate sector. She is a core professional, with a keen interest in strategy, management, real estate and dispute resolution.

Nidal Turjman

Executive Director / Group COO, Palton Morgan Holdings

Nidal Turjman holds BS in Economics, Diploma of International Commercial Arbitration from Equity College, UK, and multiple executive development certificates in Project Management, FIDIC and Contract Management.

Before Joining Palton Morgan Holdings as Group Chief Operating Officer, Nidal was advisor to the board of ASAK Group in UAE, CEO Emaar for International projects in Levant region and Pakistan for about 12 years.

He is known for his proven achievements in Real Estate Development, Property Management, Assets Management in diversified Industries. His extensive experience in GCC and international markets at C-level in globally recognized multinationals as an inspiring Leader who implemented positive changes in Operational Management, Corporate Governance, Change Programs.

Nidal has great experience in transforming companies to achieve the best business objectives in terms of turnover growth through business re-structuring, high-profile sales, project management, financial re-structuring, JVs, business acquisitions and debt funding.

Peter D Raven

Consultant, Project and Development, Palton Morgan Holdings

Peter D Raven is a Dutch, an architect by profession is all-round development, design & construction professional with important international experience, speaking fluently 3 languages (English, Dutch and Spanish). He has over 30 years experience which cut across Europe, Middle east and North Africa. PMP Certified. He has experience in working side by side with developers to obtain the optimum result for the project by leading and coordinating multi-disciplinary and multi-cultural management & design teams.

From feasibility studies, to consultant selection, and design development in all its stages and all disciplines and specialties, cost control, planning, value engineering, procurement, contract management and up to construction supervision, commissioning handover and relations with authorities. 

Specialized in retail and mixed use projects with important experience in hospitality, commercial, residential, entertainment and even industrial developments in countries such as Spain, Qatar, Syria, Egypt, Lebanon, Libya, Morocco, Portugal, Holland, UK, Georgia, etc. Some developers he worked with in the past are : Mall of Qatar-UCC (Qatar), PEO (Qatar), Emaar-IGO (UAE-Syria), Majid Al Futtaim (UAE), BENA Properties (Syria), Almana Group (Qatar), InterIKEA (Spain), ING Real Estate (Spain), BBVA (Spain – Portugal – Cuba), Metrovacesa (Spain – Portugal), Warner-Lusomundo (Spain – Portugal), Fadesa-Anjoca (Morocco), ESA (Spain-Germany), EADS (Spain).

Syed Zaidi Mumtaz

Syed Zaidi Mumtaz, Palton Morgan Holdings

Syed Zaidi Mumtaz is a Pakistan National is a sales expert who has worked at various capacities in many multinational companies like Emaar Pakistan  as commercial Director  . 

He has 24+ years experience in strategic commercial,  Marketing & Brand management. Before joining the Group;

 He had worked at various top notch  Companies such as Emaar Properties Pakistan  one of  Real Estate Giant as Commercial Director, Emirate Telecoms- Etisalat as Senior Marketing Specialist . Other organizations where he worked are:  

Big Idea Advertising – Dubai  an advertising company. Valkieser Middle East – Dubai a real estate company.

ACLOUD (Dubai) (Subsidiary of LG Korea for Digital Signage) General Manager – Marketing & Operations. The last place he worked before Joining Palton Morgan Holdings is Vrone Turkey  a real estate company  as the CEO.

AKINTOLA ADEMOLA

Chief Financial Officer, Palton Morgan Holdings

Ademola is a seasoned professional with over 12year experience in Accounting and Finance. His experience spans from Banking, Insurance Brokerage, Private Equity, Pharmaceutical and Real Estate Industry. Ademola holds B.Sc in Accounting from University of Ado-Ekiti and Master of Science in Finance from University of Lagos. 

He is a chartered Accountant with 11years post qualification experience. He has attended both local and international trainings among which is Turning Strategy to Action from Lagos Business School, People and Organization Effectiveness from Judge Business School, University of Cambridge, U.K and Leadership Principle from Harvard Business School.

Agbonifo Samuel

Chief Internal Auditor, Palton Morgan Holdings

Agbonifoh Samuel is an astute professional with over fifteen years working experience from various organization before joining Palton Morgan Holdings. He is very versed in Internal Audit and Risk management. He also has experience in investment and portfolio management, insurance, pension fund administrators etc. 

He obtained Bachelor’s degree in accounting from Abia State University (1997-2001) and a Master of Business Administration from the prestigious Obafemi Awolowo University (2012- 2014) . His Professional Certification include: Associate Chartered Accountant (ACA)( 2006- 2008), Certified Risk and Compliance Management Professional (CRCMP) 2017, Certified Information System Risk and Compliance Professional (CISRCP) 2018.

Hakeem Bakare

General Manager, PropertyMart.

Hakeem has worked in the sales and marketing department of Propertymart Real Estate Inv. Ltd since February 2009. He started as a sales officer then progressed to become a Regional Director in Grenadines Homes Ltd. Hakeem is currently specializing in business development, execution and the co-ordination of two subsidiaries.

Hakeem’s role is largely based around providing leadership and support to middle level management staff in the two subsidiaries with operations in northern region. 

This includes managing human, material and financial resources, strategy execution, business development, project management, creating strategic partnership and report analyses for decision making. Hakeem graduated from University of Lagos in 2008 with a BA (Ed) in Islamic Religious studies. He has also attended certification courses at Lagos and Harvard business schools.

Adebambo Adeyemi

Group Head of Customer Service, Palton Morgan Holdings

Adebambo is a poised and result oriented professional, great leader and a good team player with over 10 years’ experience in sales and customer relationship management. He holds a bachelor degree in Computer Science from Olabisi Onabanjo University Ago-Iwoye, certificate in Cisco Certified Network Associate and ITIL version 3 with his Masters of Business Administration in view.

He has over 10 years’ experience in sales and customer relationship management. He was recently promoted to the Group Head customer service/Handover for Palton Morgan Holdings Limited.  Before becoming the Group head Customer service/Handover, he was the unit sales manager for Grenadines Homes, a member of Palton Morgan Holdings Limited.  Other Multinational organizations where he has worked and left an inspiring result includes; Nestle Nigeria Plc, GNT Nigeria Limited, The First Group; Nigeria, Dubai, Kenya, Liberia and Ghana. He has attended several trainings and workshops which includes Sales/Closing Strategy (TFG University Dubai), Leadership Principles (Havard Business School).

Samuelian Mher

Deputy Commercial Director, Palton Morgan Holdings

Deputy Commercial Director of the Palton Morgan Holding, Mher is a well-established Real Estate professional with proven and extensive track records in both real estate and luxury markets. He has over 10 years’ experience as full-time sales director and real estate professional in various international markets, extending valuable guidance and advice on real estate investments and luxury. His experience translates into supporting local and international clients throughout their investments, be it as end users and / or as investors.

Coming from a multicultural background and having lived in various countries, Mher understands the various tangible and intangible benefits of real estate investments and transactions in both local and international markets. Since he joined the Real Estate profession, he became highly regarded by his clients and other professionals in the field.

Throughout his career, Mher has attended several high qualification real estate trainings set by the UAE real estate regulators (Real Estate Regularity Authority – RERA) and was awarded top Performers certificates many times during his career. He furthermore himself, conducted various training for his teams as part of his commitment to further develop and enrich his collaborators skillset.

Mher is a graduate of the Lebanese international university and holds a Business Administration bachelor degree, prior to joining Grenadines Homes, he was holding a Director of Sales position at one of the biggest real estate developers in the United Arab Emirates (UAE), DAMAC properties. He moreover was the Director of Sales of THOE (The Heart of Europe, Dubai UAE). This helped him further deepen both his strategic business skills and leadership, he worked extensively on multiple substantial real estate development projects in Dubai & World Island and has a thorough understanding of real estate investing principle.

Mher has clients all over the world, which makes his portfolio diverse culturally as well as from an investment standpoint, ranging from first time buyers residential customers to multi-property investors from Europe, Asia, Middle East, LEVANT, UK, USA and Africa. Taking care of his clients and ensuring they make well informed decisions and are timely and efficiently supported are his priorities.

Mher is married to his beautiful wife and a happy father of a lovely daughter, he’s a dedicated family man, a committed business professional and a visionary real estate leader.

 

Femi Olubanwo

Chairman, Palton Morgan Holdings

Femi Olubanwo joined Palton Morgan Holdings in 2015 as a non-executive director and was appointed as the Chairman in the same year. He currently serves as a partner at Banwo & Ighodalo, a firm he co-established after a short stint with the Lagos State Ministry of Justice.

He is often cited as one of the leading lawyers in the world, particularly in the areas of banking, finance and mining by many international legal publications such as Chambers Global, Who’s Who Legal and the IFLR 1000

Femi served the Government of Nigeria in several economic sector reform committees. He was appointed a member of the Bureau of Public Enterprises’ Solid Minerals Sector Steering Committee (2000) by the National Council on Privatisation. The apex body was charged with responsibility for the implementation of the Nigerian government’s privatisation and commercialization programme.

He also served as chairman of a committee established by the ministry of finance to formulate and draft a Code of Governance / Ethics for Market Regulators.

Femi has published and presented papers on different topics in his areas of practice and he is a director of many companies operating in diverse sectors of the Nigerian economy. He graduated with a Bachelor of Laws (LL.B) honours degree from the University of Lagos in 1981 and was admitted to the Nigerian Bar in 1982.