How Former First Bank MD, Bisi Onasanya, Became One of the Biggest Players in Real Estate with The Address Homes

Highlife

There is an optimistic saying among people of faith. It is said that God shuts a door and opens a window. Well, for the former Group Managing Director of First Bank, Bisi Onasanya, the window that God opened for him after his exit from First Bank is large enough to fit in a door. Then again, this is what you get when you are an excellent businessman, humble to a fault, and committed to serving people in whatever capacity.

When Onasanya left First Bank, a lot of people wondered about his intentions and ambitions. Would he relocate to London or Dubai? Would he set up a small and private firm to keep his corporate name and presence alive? There were so many calculations. One turned out to be right, although nobody expected it to pick up so quickly and expand so extensively.

Onasanya established The Address Homes, a real estate agency with business interests in the acquisition, development, and management of luxurious residential buildings across Nigeria. Since that company emerged from the efforts of Onasanya, it has undergone a clear metamorphosis and is even leading the rest of the real estate industry in determining the best types of luxurious homes and what they ought to be priced at.

Onsasanya’s business outfit keeps to the terms of its purpose and is located in the Ikoyi/Banana axis of Lagos. So far, it has proven to be a leader in the real estate agency pack. Currently, the most mind-teasing of the projects undertaken by the agency are Luxuria, a 13-floor monster of a luxury building located on Alexander Road, Ikoyi, and Dan & Dan, 27 units of fully serviced luxury homes located on Banana Island Road, also in Ikoyi.

Onasanya went from being one of the most accomplished banking executives in the country to becoming one of the biggest players in the real estate industry. Once again, this is what you get with true genius.