BlogsThe Future of Luxury Real Estate: Trends and Predictions

August 14, 20232

The global luxury real estate market consistently experiences shifts and transformations as a result of a variety of factors, thereby necessitating keen observation of emerging trends that could forecast the shape of things to come. Recent market influences including emerging technologies, climate change awareness, geopolitical events, and demographic shifts are greatly shaping the luxury real estate market. Flowing from this, we look into the future of luxury real estate – drawing from recent trends and astute predictions.

– Technological Advancements

A revealing factor in the future of luxury real estate is the incorporation and adoption of emerging technologies. Cutting-edge technologies such as Virtual Reality (VR), Augmented Reality (AR), drones, 3D printing, and Artificial Intelligence (AI) are pushing the boundaries of luxury real estate. These technologies offer buyers the convenience of virtual tour, provide architects with innovative design tools, and boost property management through smart home features. Future luxury homes are anticipated to fully embrace technology, transforming properties into smarter, more efficient, and comfortable spaces.

– Sustainability and Eco-Friendly Properties

Sustainability and environmental consciousness are another trend shaping the future of luxury real estate. Luxury buyers are increasingly conscious of their carbon footprint and are heavily investing in eco-friendly properties. The concept of sustainable luxury is no longer an oxymoron but a persuasive selling point for developers who are thus obliged to incorporate renewable energy sources, non-toxic materials, and energy-efficient appliances into their developments. As a result, real estate developers are increasingly adopting green building certifications to appeal to this new breed of luxury buyers.

Read also: Sustainable Luxury Real Estate: Building the Future

– Focus on Health and Wellness Amenities

A growing trend in the luxury real estate sector is the focus on health and wellness facilities. Wellness real estate, which extends beyond the inclusion of simple amenities like gyms and spas, incorporates design and construction strategies aimed at improving residents’ health and well-being. This trend is marked by the rise of wellness communities, which encompass features like community gardens, walking trails, natural light optimization, water and air purification systems, and even circadian lighting.

– Shift Towards Secondary Cities

In the future, we can also expect a significant shift towards luxury real estate development in secondary cities. Several factors such as lifestyle changes, a sense of community, lower living costs, improvements in infrastructural developments, and remote work policies triggered by the COVID-19 pandemic are attracting high-net-worth individuals to secondary cities. This re-distribution of luxury real estate buyers presents an unexpected change for metropolitan luxury markets but a profitable surge for secondary markets.

Read also: The Evolution of Luxury Real Estate

The Future of Luxury Real Estate: Insights from Recent Surveys and Research

The luxury real estate market has always occupied an exclusive niche. It caters to the affluent, those who hold an extraordinary desire for opulence and lavish living. Amidst the rapid transformations in global societal and economic circumstances, the luxury real estate segment is also evolving. Although the desire for luxurious properties remains persistent, understanding how the market will shape up in the future requires us to delve into the available data and research, including a thorough examination of recent surveys.

According to the Luxury Market Report of 2021 by the luxury real estate market experts, Nigeria’s luxury residential market increased in the year 2020 as a result of the impact of the COVID-19 pandemic, as many in the working class saw the need for better homes with access to facilities that encourage Work From Homes (WFH) policies. Such facilities, include steady electricity supply and stable internet connections. Besides, increase in insecurity drove many to seek more secure neighbourhoods within gated communities.

However, the future isn’t merely reflective of spatial demand and supply; rather, it is carved by a blend of technology, sustainability, and convenience. Property buyers are now more educated and informed due to the internet’s widespread accessibility. Recent studies by Statista predict a drastic inflow of technology into the luxury real estate landscape, with high-end, tech-equipped homes becoming a norm by 2025. 

Another influencing factor is the rising awareness and concern around climate change and sustainable living. A survey by Coldwell Banker Global Luxury suggests luxury property buyers, particularly the younger demographic, are progressively interested in sustainability features. They are actively seeking homes equipped with energy-efficient appliances, solar panels, and other green technologies. 

Luxury real estate, traditionally, has been about location and size, but today’s wealthy buyers are equally, if not more, focused on convenience and lifestyle compatibility. A survey by Luxury Portfolio International indicates that future luxury homes will have amenities like health wellness rooms, personal gyms, home offices, and high-speed internet connectivity.

Luxury real estate’s future is leaning towards a blend of geographical and virtual spaces, quite dissimilar to its historical evolution. Virtual reality and augmented reality are giving an unparalleled edge to the real estate market. Recent surveys uphold that potential buyers appreciate the convenience of virtual home tours, making it almost standard for luxury homes listings.

Nevertheless, the future of luxury real estate is not immune to potential challenges. Market volatility, economic uncertainty, and tightening lending standards are potential hurdles, not to mention the alternations in investor interests with advents like cryptocurrency and other digital assets. 

Read also: 7 Predictions for The Luxury Real Estate Market in Nigeria

Conclusion

Understanding and staying ahead of these trends is integral to success in the evolving luxury real estate market. As we look forward, the future of luxury real estate undoubtedly sits at the intersection of technology and sustainability, attention to health and wellness, and a shift towards secondary markets. Real estate professionals who strategically embrace these trends therefore hold the key to unlocking future opportunities in the luxury real estate market.

References

  1. Institute for Luxury Home Marketing (2021). 2021 Luxury Market Report.
  2. Statista Research Department (2020). Digital Market Outlook: smart home penetration rate in the United States 2017-2025.
  3. Coldwell Banker Global Luxury (2021). The Report: 2021 Global Luxury Market Insights.
  4. Luxury Portfolio International (2021). The Rise of the New Aristocracy.
  5. Realtor.com (2020). Realty From Virtual Reality Tours to Bitcoin Payments, How Covid Changed Home Buying.

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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.

Lorem Isump

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.