Stonetrust Realty: Providing Nigerians with affordable housing
Stonetrust Realty Limited, Nigeria’s topmost developer has continued to grow in leaps and bounds since its establishment.
Established in 2019 with the vision to create opportunities in the sector through distinctive values, honest and sustainable ways for its clients and the community at large, Stonetrust core values cuts across integrity, innovation, value offering, customer-centric and excellence all targeted to maintain a culture of delivering satisfactory products and services to our clientele.
Headed by Osunrinade Ibukunoluwa, the managing director and chief executive, the business has been providing affordable housing for all Nigerians irrespective of their class.
Ibukunoluwa with over six years of experience in the real estate industry including a sterling performance as general manager to Landwey Investment Limited- also supervising estate developments that resulted in significant upgrades across 13 of the company’s estates; which was made possible by his wealth of knowledge and experience has brought his wealth of knowledge to drive the organisations growth.
He has recorded unprecedented landmarks in executing six projects in two years since assuming the office of the managing director and chief executive.
Some of its iconic estates which witnessed a massive sell-out according to him attracted more attention to its quest for ecstatic design and architectural masterpieces.
“We as a leader in the industry are committed to delivering to our clients as some of our project that is now selling include, Dwell Encore, and Essence court 1 Lakowe, while Essence Epe; Richfield Scheme 1, Epe; Castle Prime, Epe; and Dwell, Epe are all sold out,” he says.
Currently, through his resilience and relentlessness, the company has successfully procured choice properties worth millions of naira and now has an asset base of over N300 million.
“My singular drive is to do good work that would positively impact the society especially the youths, and foster change and development,” he states.
According to him, Stonetrust is intentional about some milestones that qualify it for the realization of certain vital goals, that when put together will form an intricate impression of where the company is headed in the industry as it expands its operations.
“The company boasts of a team of young creative individuals, who are result-oriented, committed, and experienced in delivering excellently in projects and operations,” he says.
Projects of Stonetrust are designed with innovative concepts to maximize aesthetics and functionality in line with modern trends in the sector along with its dedicated 20 staff, he says.
With six projects strategically located within the Island axis of Lagos State with adequate infrastructures on-going at these respective sites, he adds that the organisation aims to address some major challenges limiting the industry.
Part of the company’s services includes real estate advisory, sales, marketing, and real estate development.
“Affordability is the focal point of the company’s business. The company believes that proper and adequate housing is not meant for the elites only,” he says.
“As one of the important aims of the global SDGs, adequate housing should not be completely eroded by ambition; otherwise the society runs a risk of losing more vital needs such as adequate healthcare and food, all in a bid to make maximum profit,” he adds.
He notes that Stonetrust is modelled deliberately and creatively to observe the needs of the average citizen in its immediate indigenous place of establishment.
He says through its CSR, community enlightening programmes, and accessible investment portfolios, the organisation has encouraged middle-income earners to invest in real estate and maximise their investment opportunities.
One of Stonetrust Realty’s biggest projections is to become the pioneers of smart homes in Nigeria.
“We believe that for us to be successful in the real estate industry there must be an alignment between the company’s mission and its goals. This approach will consciously provide a safe, secure, and conducive environment for our client’s investments to thrive.”
Currently, their operations revolve around investment deals on landed properties. “This is only our starting point. Nevertheless, in the next few years, the objectives we look forward to achieving include: complete infrastructural development of all our estates, having a financial reserve that helps the company defy the common financial restrictions
faced during its early stages, and the ones anticipated as the journey
continues,” he says.
“Protect and promote the company’s brand reputation and goodwill to the optimal level, enhance the company’s CSR involvements to the most needed areas within the community, platoon into B2B/industrial real estate services and create and provide more job opportunities; a precise figure of not less than a hundred jobs,” he adds.