With the year 2019 up and running,various players in the housing sector will be rolling their sleeves to get down to business. Without a doubt,some of the players will live up to expectations and some will not.In this article we have made a roll call of 50 major brands who will likely shape the housing sector in 2019.
The pro activeness of the management team led by Arc. Ahmed Dangiwa, and the introduction of the *219# mobile app for NHF subscribers is an innovation that will shape the industry in 2019. The strategy of the bank, in working with cooperatives and labour unions is another area that stakeholders are expecting to see results in 2019. The Bank’s current business model targets partnerships with local and international organisations with financial and technical capacity, interested in delivering affordable mass housing for the low income end of the market.
Family Homes Funds
Family Homes Funds, an initiative of the Federal Government, was established to facilitate affordable housing delivery to low and medium income earners, by entering into specific partnerships with supportive State Governments, developers and International partners/agencies that can provide technical support and financing for project implementation.
With the experience, exposure and track record of the Managing Director, Mr Femi Adewole, it is very clear that the activities of the Fund will be one of the high points of the housing sector in 2019.
Nigerian Mortgage Refinance Company (NMRC)
With a new board and Managing Director, to pilot the affairs of the organisation, their core mandate of setting the pace in mortgage re-financing and their role as a secondary mortgage institution in Nigeria, is sure to shape the housing sector in 2019.
Keen housing observers will be hoping to see NMRC, provide the liquidity that is needed by going to the capital market, raising funds, and making those funds available to member banks for the refinancing of their mortgage portfolio.
Kaduna State Mortgage and Foreclosure Authority
Kaduna state has scored a big mark in the country for establishing an agency to solve the problem of foreclosure on mortgage. It is the 1st state to domesticate the mortgage and foreclosure law in Nigeria. The domestication of the law by other states of the federation, will clearly be a turning point for the housing sector in 2019.
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Mortgage Banking Association of Nigeria (MBAN)
Mortgage Banking Association of Nigeria is the bonafide Umbrella Body for all Primary Mortgage Institutions (PMIs) duly Licenced to operate by the Central Bank of Nigeria (CBN).The body acts as a facilitator for the co-ordination of effective Housing & Mortgage Policies that would create a conducive operating environment for Public-Private Sector Investors of Nigerian and Foreign Origins; thus propelling sustainable growth and development of a virile Mortgage Banking Sector in Nigeria.
The ability of Mortgage Banking Association of Nigeria to reposition itself in the area of vibrant advocacy, data collection, Social Media presence and the need to champion mortgage literacy is one of the key factors that will shape the performance of the Nigerian housing sector in 2019.
Real Estate Developers Association of Nigeria (REDAN)
Through its new leadership REDAN has raised the bar in creating awareness for their activities. In 2019, REDAN will need to look for other sources of funding other than relying on FMBN.
Alternative sources of funding will help improve the supply of houses. REDAN also needs to engage government in the area of policies that will encourage private sector participation, especially in the area of land tenure, and access to title. REDAN, will also need to ensure that its members deliver quality homes. With the above, it is clear that the activities of REDAN, will be pivotal in the housing sector in 2019.
The Nigerian Building and Road Research Institute (NBRRI), is responsible for researching and developing road and building materials for the Nigerian building industry. The institute engages the Government of Nigeria on various policies that regulate and improve the quality of buildings in Nigeria.
The institute has recorded some acclaimed achievements, and sticking to their mandate of researching and developing building materials for the sector, will be something to look out for in 2019.With the retirement of the versatile Prof. Matawal Danladi, whoever comes on board as the helmsman has a lot to do.
Property Development Companies and Allied Services
Urban Shelter Limited
Urban Shelter Limited is a property development corporation with headquarters in Abuja Nigeria. With over 25 years of experience in integrated property development and management, the company has been driven to make itself a house-hold name in the property industry. As a leading brand in property development, Urban Shelter’s activities will be of interest to stakeholders in 2019.
Brains and Hammers
As a team of passionate people whose goal is to improve everyone life through disruptive products. Brains and Hammers builds great products to solve business problems. Their products are designed for small to medium size companies willing to optimize their performance. This is one company that will shape the housing sector in 2019.
Eko Atlantic is a marvel of modern engineering and technology, and a testament to the rise of Nigeria on the world stage. Eko Atlantic has helped propel Nigeria into a position of leadership in the economy of West Africa. The progress of Eko Atlantic, will no doubt shape the housing sector discourse in 2019.
Millard Fuller is a faith-driven organization which promotes collaborative and innovative partnerships with individuals & organizations in an unrelenting quest to provide on a sustainable basis affordable housing for all people in need; at Millard Fuller,they do not just build houses, they build homes and communities.Their mission is to provide, affordable housing for all people in need by promoting collaborative and innovative partnerships with individuals & organizations.
Haven Homes Limited
Haven Homes is the Real Estate subsidiary of Haven Global Resources Ltd, a firm registered as a limited liability company in Nigeria. Since our first residential development in 2006, Haven Homes, has been building beautifully crafted, unique and luxurious homes that present the occupiers with a very comfortable lifestyle. Haven Homes is a mainstay in the Real Estate sector. With the National Housing Awards, they received at the 2018, Abuja International Housing Show. Much is expected from them in 2019.
Nedcom Oaks/Victoria Gardens
Driven by the need to contribute His quota towards filling the housing deficit in Nigeria, Mr Kennedy Okonkwo founded Nedcomoaks Ltd. “Dr Ned” as He’s fondly called, is a highly motivated and successful entrepreneur with a passion for real estate.
As the head of a leading property development and management company in West Africa, it is expected that he will continue to drive innovations in the business of providing affordable housing solutions that exceeds customer expectations in 2019.
Eximia Realty Co Ltd
Eximia Realty Co Ltd is conceived as a real estate company that will redefine the narratives by challenging the status quo and creating unique and innovative platform to deliver real estate solutions in Nigeria and eventually Africa. This flagship brand is supported by Home4Me Nig Ltd – focused on affordable housing PPPs with the Federal and State Governments.
Rural Homes Limited
Rural Homes Limited is an incorporated property development firm specialized in private, public and commercial projects. The company is particularly focused on property improvements and development of private residences, housing estates, commercial structures and infrastructures.
Constrix Real Estate
Constrix Real Estate Development Limited was recognized as the fastest growing real estate company of the year in Nigeria. At the Nigeria Housing Awards 2018. The Nura Dan Musa, led property firm plans in the short term to expand to every nook and corner of the country. This company will be one to shape things in the housing sector in 2019.
Country Wide Housing Company
CHC is a Property and Development Company promoted by institutional investors and prominent individuals with a core mission to provide affordable housing and real estate investment opportunities to all Nigerians. A member of Real Estate Developers Association of Nigeria (REDAN).The company provides creative housing solutions for Upper Middle class citizens nationwide using various models that will deliver affordable housing to its target market.
CHC seeks out investment property with latent value, and makes it available for its wide customer base. The company prides itself with the ability to make real estate investment affordable.
Abuja Furniture Production (AFP), is Julius Berger’s furniture production facility. The company was awarded Furniture Company of The Year 2018 by the Nigerian Housing Award. As one of the largest furniture manufacturers in West Africa, employing the latest technology and machinery for the production of high quality furniture and accessories, industry watchers expect AFP to continue leading the way in 2019.
ROYAL CERAMICS Company
ROYAL Ceramics a product of West African Ceramics Limited, which is a leading manufacturer of Ceramic, Vitrified & Roofing tiles in Nigeria has been serving the needs of building material industry in West Africa since 1994.Their determination to provide quality has kept them in the minds of Architects, Engineers, Builders, and Contractors in Nigeria.
CDK Integrated Industries
CDK Integrated Industries is a manufacturing company specialized in the production of premium quality sanitary ware, ceramic and porcelain tiles to cater for the market demand in Nigeria, Africa and Europe.
UACN Property Development Company (UPDC) operated first as a Department, then as a Division of UAC of Nigeria Plc until 1997. UPDC’s strategic thrust is the development and management of luxury, premium and classic apartments in selected cities in Nigeria. The approach to property planning, is viewed from the customer perspective, to create comfortable living/working environments.
Founded in 1975, Broll Property Group is one of Africa’s leading commercial property services company with offices in major cities
The company is affiliated to CBRE, a renowned global commercial real estate and investment firm which enables us to offer unrivalled local expertise and global market knowledge with the sole purpose of maximising the potential of your property
Paradise Estate is a unique and private enclave set in the Life camp neighborhood of Abuja, one of Nigeria most fascinating cities. The estate offers uniquely impressively houses such as 2 and 3 Bedroom apartments, Terrace Duplexes, Semi-Detached and Fully Detached Duplexes, which exude uncompromising quality and style
Overtime, the company has grown from strength to strength, having successfully undertaken over 25 projects in Abuja alone since it commenced business in 2014. We aim to develop and orientate buildings towards structural integrity and productivity and to be of value to the client, their immediate society and the world at large.
Abuja Property Development Company,is a credible real estate development company that has delivered,quality houses in FCT, and is fully supported by the FCTA.
The board which contain many professionals,will surely contribute to the achievement of the real estate company in 2019.
Cosgrove Real Estate
Cosgrove real estate is a one year old,real estate company that has brought innovation into real estate market, with the development of smart houses within and outside the city of Abuja.
Ogun State Property & Investment Corporation (OPIC) is a statutory corporation with a focus on the development of residential, commercial and industrial real estate hubs and new cities in Nigeria. OPIC is empowered to create new towns and cities across Ogun state and beyond.
Uraga Real Estate
Uraga Real Estate was created in November 2008 to consolidate the real estate activities of the Honeywell Group into new company with a renewed focus and strategy. The two main business units integrated into this new company are Skyview Estates Limited, a specialist developer and property/ facilities Management Company and the development team from Anchorage Leisure, the hospitality vehicle constructing the flagship 5 Star Radisson SAS Hotel in Victoria Island.
Copen Group is a highly respected real estate development company that has delivered six housing estates, and have received intergrity award from FMBN.The leadership,of Copen Group, is innovative and versatile, and that will shape the performance of the organisation in the sector in 2019.
Efab Properties Limited is a fore-most Estate Developer with its base in Abuja and have extended services to various states within the country, e.g Delta State and Anambra State to mention a few. Their focus is promoting ‘A family, A roof “over the thirty six (36) states of the country. Paramount in the mind, is an intense desire to reach out with the totality of our know-how in real estate and solve the housing needs of all classes of Nigerians in a responsible manner, befitting a responsible entity.
At ECHOSTONE,you can be sure of high quality, rapidly scalable and sustainable construction concepts. ECHOSTONE can help you create your place of comfort, giving you cozy and cohesive spaces that surround you with the feeling of home-coming, and providing superior value for money.
ADRON Homes is a Real Estate and Property Development Company whose purpose is to help people realize their aspirations for the pride of ownership, comfort, security and wealth through the provision of excellent homes and the will to provide homes for all classes of society with focus on the neglected populace in respect to government housing programs.They have housing projects in Lagos, Abuja,Ogun and Oyo states.
Lafarge Africa Plc is one of the 90 locations in which LafargeHokim is present, with headquarters in Lagos, Nigeria. A publicly quoted company on the Nigerian Stock Exchange (NSE), Lafarge Africa serves Nigeria and South Africa with a wide range of cement solutions designed to meet all building and construction needs from small projects like individual home buildings to major construction projects.
Hydraform Nigeria is the official West African agent for the distribution blocks are top of the line in the building construction industry that gives a unique building system which encompasses excellent thermal properties, higher compact strength and outstanding speed of construction, environment friendliness and substantial cost saving.
Furniture Republic is a fast emerging importer and retailer of high end furniture at reasonable price. We offer functional products for all rooms in the house at the right price without compromising the quality, design and workmanship of each piece.
With over 30,000 square meters of 72 different stone colours stocked in Nigeria and over 300 stone colours available from our partners within 90 days, BLUESTAR offers customers the widest possible range of natural stone and engineered quartz in the whole of West Africa.
Chemical and Allied Products Plc, a subsidiary of UAC of Nigeria Plc, is the technological licensee of Akzo Nobel for Nigeria; (ICI was acquired in 2008 by Akzo Nobel, the world’s largest paint producer). Today, CAP Plc fully operate in the coating business and fully provides a wide range of quality products and services, and it brand have become household names.
With 203 sales outlets in Italy, Eastern Europe and ‘Western Africa, 2400 staff, a catalogue of 800,000 articles, three centralised logistics platforms, the Cambielli Edilfriuli Group is Italy’s largest plumbing and heating suppliers.
DANGOTE GROUP is one of the most diversified business conglomerates in Africa with a hard earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa. The Group’s activities encompass Cement – Manufacturing, Packing & Distribution
IL Bagno is the regional distributor for the world’s leading manufacturers of sanitary fittings, kitchen, tiles, doors and other interior solutions. We excel in the provision of total bathroom solutions, creating unique and innovative bathroom themes for both the domestic and commercial markets.
Emel Building Materials
Emel Building Materials is a one-stop-shop building materials solution provider, offering a wide array of high quality, competitively priced products for interiors and exteriors including roofing, ceilings, doors, glass and wood products.
M.N. Ataj Construction
M.N. ATAJ CONSTRUCTION LTD is a Civil Engineering and Construction Company, which conforms to high professional standards. The main aim is to provide a truly comprehensive construction analysis that meet with the need of today’s construction industries. Over the years, the company has executed many projects in partnership with various Government institutions such as the Bwari Area Council (BAC), Abuja Market Management Limited (AMML), and Abuja Municipal Area Council (AMAC). M. N. Ataj Construction is currently engaged in many projects across Nigeria like Utako Ultra-Modern Market, Kubwa Modern Market, Kubwa Maitama Market, Garki Modern Market, Sabon Gari Market Zaria, Dalar Gyada Market Kano and many others.
At Voda paints we believe in utilizing technology to make things simple and easy to use. We also believe in thinking ahead and delivering products or services that can fit well with upcoming future technologies.
Jedo Investment Company
Jedo Investment Company Limited. It is a wholly indigenous, professionally oriented firm, with, with a focus on Engineering, construction, Installation and Procurement Services.
Rifeng company is a global lead-ing piping system supplier in residential and commercial building industry, as well as a prominent suppliers in the field of indoor temperature controls. Products includes, water supply, drainage, heating, gas, casing, solar and sanitary.
Rifeng products mainly contains pipes, fittings, the pipping system includes PPR pipping system, multi-layers piping system, PVC piping system, PERT pipping system and PEX-b heating system.
Fujian Stone Company Limited
Fujian Stone Company Limited was established in October, 2014. The company is specialized in marble and granite mining as well as construction slabs production, serving the market demand of West Africa, Africa and international countries and regions. Presently, the company owns 6 marble and granite mines and two stone slabs production factory. Our factories and mines occupy 3000 acres, which are located in several states in Nigeria and all of them have obtained mining and quarry licence.
Primary Mortgage Institutions
PLATINUM Mortgage Bank Ltd
Platinum Mortgage Bank Ltd is one of Nigeria’s leading primary Mortgage Institutions. Platinum Mortgage Bank Limited was recently awarded by FMBN, for its prompt and transparent disbursement of NHF loans to contributors. The bank has been re-positioned to provide excellent home ownership products and has assisted numerous Nigerians in their quest for home ownership in various estates across Nigeria.
Homebase Mortgage Bank
HOMEBASE is a primary mortgage Bank (PMB) set up to provide first class mortgage financial services to professionals, public service workers, corporate bodies/institutions, cooperative societies and its members, as well as other interested individuals or groups.
Trust Bond Mortgage, the preferred financial service provider, offering innovative mortgage and real estate finance solutions. Their mission is to meet the financial and mortgage needs of customers while delivering superior values to stakeholders.
Infinity Trust Mortgage Bank
Infinity Trust Mortgage Bank Plc was incorporated on 28th January 2002, as Infinity Trust Savings & Loans Limited. However, it commenced business operations in Abuja, in 2003.For over a decade, Infinity Homes has remained a true reflection of unalloyed commitment towards providing endless opportunities through affordable home ownership.
Mutual Alliance Mortgage Bank
Mutual Alliance Mortgage Bank Limited (formerly Mutual Alliance Savings & Loans Limited) was incorporated on the 20th August, 1992.Their mission is to create a unique mortgage bank focused on providing the best financial services available using creative business solutions to meet customer’s needs powered by committed, experienced and well trained professionals. Supported by the best technology available to achieve quality services to our customers and good returns on investment for stakeholders.
Imperial Mortgage Bank Limited
Imperial Homes Mortgage Bank Limited is a Mortgage Bank duly licensed by the Central Bank of Nigeria to undertake mortgage banking and related services.
The Bank is made up of teams of diligent professionals established to provide quality mortgage and financial services to corporate organizations, professionals, workers as well as cooperative societies and their members. The company’s operations and business philosophy are based on the cardinal principles of Customer Focus, Customer Service and Total Quality Management.
Their core business is the provision of cutting edge services to the housing and mortgage sector within the financial services industry and with specific focus on:
FBN Mortgages Limited
FBN Mortgages Limited is a leading Primary Mortgage Bank, with focus on delivering the best mortgage banking services and products that typify the dominance of its parent– First Bank in the financial services industry. As a dedicated provider of a wide range of mortgage and real estate financing solution, FBN Mortgages is in a unique position to help customers make those critical steps towards seamless home ownership and real estate development.
Safe Trust Mortgage Bank
At Safetrust Mortgage Bank Limited we esteem our vision. It is our vision which keeps us moving forward and our vision propels us into the future, ahead of our competitors. And with a rapid growing investment portfolio in mortgage and real estate industry in Nigeria, Safetrust Mortgage Bank is now a foremost Primary Mortgage Institution (PMI) in Nigeria. They are committed to providing successful mortgage and investment solutions to suit individual needs.
Lagos State property development company
LSDPC is the foremost property company and the best among other property companies or corporations in Lagos and the Real Estate Sector of Nigerian Economy.
Since 1972, LSDPC has been known for the development and sale of affordable residential properties (houses) and shopping malls(shops). The company is also into rentals, lease and consultancy services.
Edo State property development company limited
The mission of the company is to provide a high level of responsible and efficient housing solutions and services that support the state.The company also delivers affordable and decent housing, catering for the housing needs of Edo State.
Ogun state housing corporation
The Ogun State Housing Corporation came into existence at the creation of Ogun State of Nigeria in April 1976.The Corporation was established and formalized through the enactment of Ogun State Edict No 11.The mission of the corporation is to increase the availability of dwelling houses as well as to provide commercial and industrial buildings in the State in a decent, safe and neat environment at affordable cost with secured land tenure for acquisition by members of the public.
Data Collation Companies
Pison Consulting Limited
Pison Housing Company was set up in 2005 as a real estate and housing finance advisory firm providing financial consultancy services with a focus on real estate. Pison Housing Company provides strategic advice, capital market and investment management directions for our capital providers and business clients. The company has excelled on its growth strategy through identifying new and emerging opportunities, overseeing considerable portfolios of real estate and housing finance activities, facilitating partnership with offshore capital providers, and creating structures & models that have led the company to becoming an expert Strategic Real Estate Development Advisory Partner in Nigeria and Sub-Saharan Africa.
North court is a real estate investment solutions company that adopts a research-based approach to developing and managing property as well as providing real estate advisory services in West Africa. South Court is committed to increasing the transparency of the real estate market in West Africa.
13th Abuja International Housing Show
The Abuja Housing Show is a unique one stop-shop for Construction Industry Stakeholders presenting new products, innovative services & technology. It is a unique forum where practitioners in the Housing & Construction Industry meet to exchange ideas & proffer solutions to housing problems. The show is always a high point for the building and construction sector every year, and this year’s edition promises to be bigger and better. This is one event that will shape the housing sector in 2019.
Affa Dickson Acho