Dr Victor Adesewa Adegbile, CEO & Co-Founder of Land Republic Ltd
A leading force in Africa’s real estate sector, with a strong background in sales and real estate management, he has spearheaded major transactions and empowered thousands of individuals with his sales expertise. Adegbile passion for innovative real estate investment strategies has driven Land Republic to the forefront of the industry, leveraging cutting-edge technology to provide simplified investment solutions.
Additionally, he is deeply committed to environmental sustainability and have actively engaged in initiatives promoting sustainable development. His contributions have been recognized through various accolades, including induction into prestigious organisations and nominations for Entrepreneur of the Year awards. Overall, his professional journey embodies visionary leadership, social impact, and a dedication to excellence in the real estate sector.
As a company that has been at the forefront of delivering excellence through provision of quality housing to Nigerians, what measures have you adopted in expanding your portfolio over the years?
As a company that has been at the forefront of delivering excellence through the provision of quality housing to Nigerians, Land Republic has adopted several measures to expand our portfolio and ensure customer satisfaction. We conduct extensive market research to identify emerging trends and opportunities and forge strategic partnerships to leverage expertise and resources.
Additionally, we simplify real estate investment by offering affordable land ownership options and extended payment plans without interest, making it more accessible to individuals. Our properties are strategically located in areas with high potential for return on investment, ensuring value for our customers.
Moreover, we are committed to environmental sustainability and climate action, integrating eco-friendly design principles and renewable energy solutions into our projects.
Furthermore, we have launched the Land Hackers initiative, an academy where individuals are trained on how to generate legitimate income through real estate sales, fostering economic empowerment and entrepreneurship.
These measures collectively reflect our dedication to excellence, innovation, and social responsibility, solidifying our position as a leader in the Nigerian real estate industry.
Comparing Nigerian professionals to their foreign counterparts in terms of quality service delivery, do you think foreign professionals outperform Nigerians using the Real Estate industry as a yardstick?
When evaluating the performance of professionals in the Nigerian real estate industry compared to their foreign counterparts, it’s essential to consider various factors. While foreign professionals may have access to advanced technologies, training, and resources, Nigerian professionals often possess deep local knowledge, cultural insights, and strong networks within the community.
However, the emergence of innovative companies like Land Republic adds a new dimension to this discussion. Land Republic is a prominent real estate development and construction company with a presence in Lagos, Ibadan, Kampala, Uganda and Delaware, USA, we pride ourselves on revolutionising the perception of real estate investment, by customising traditional frameworks and bridging cultural divides.
At Land Republic, we empower young adults to become proud asset owners in their prime, making real estate ownership accessible and exciting for a new generation of investors.
Therefore, while foreign professionals may have certain advantages, the unique strengths and innovations within the Nigerian real estate industry, exemplified by companies like Land Republic,
contribute to a dynamic and competitive landscape where professionals from both local and international backgrounds can thrive and deliver high-quality services to clients.
What is your assessment of the Local Content Act’s impact on the development of indigenous firms in the country, has it really benefited the indigenous real estate firms?
The local content has positively impacted the indigenous real estate firms by the provision of section 32, which provides for the exclusive consideration of Nigerian indigenous service companies. This demonstrates ownership of equipment, Nigerian personnel, and capacity for executive work on land and swampy operation areas. This means Nigerian companies are mandated to employ Nigerians, which automatically translates to job employment or job security for Nigerians. This would grossly improve the GDP of the country.
What makes Land Republic unique?
Land Republic stands out by showing its commitment to innovation, customer-centric approach, and integrity in the real estate industry. We prioritise transparency, ensuring that our clients have access to accurate information and reliable guidance throughout their property transactions.
Additionally, our team is dedicated to understanding the unique needs of each client and providing personalised solutions to help them achieve their real estate goals. Through cutting-edge technology and a wealth of industry expertise, Land Republic delivers exceptional service and value to our clients, distinguishing us as a leader in the market.
Can you share some of the companies’ projections for the next 5 years?
Land Republic’s projections for the next five years are ambitious and comprehensive. We aim to achieve a solidified presence across the African market, attain a unicorn valuation, provide at least 10,000 low-cost housing solutions, and become the market leader in the real estate industry. These objectives reflect our commitment to growth, innovation, corporate social responsibility, and leadership in serving our clients and communities.
Furthermore, we’re on the brink of launching a groundbreaking product set to revolutionise the real estate industry: “Land Charting” This innovative product will allow individuals, including land buyers, organisations and realtors, to confirm land status and access comprehensive information about properties across Nigeria.
