REAL ESTATE NEXUS 1.0 Convener, Oloyede, Advocates Innovative Financing

The convener of ‘REAL ESTATE NEXUS 1.0, Dotun Oloyede, has advocated innovative financing as the best model to unlock funds needed to reduce the country’s housing deficit challenges.

Speaking at the maiden edition of the firm’s conference, held in Lagos over the weekend with the theme, ‘Unlocking Nigeria’s Real Estate Growth With Innovative Financing Strategies’, Oloyede, said the sector must begin to look inward for more ways to unlock funds innovatively.

The event tagged ‘REAL ESTATE NEXUS 1.0’, was part of the activities in commemoration of the organisation’s 5th anniversary since its inception in

Commenting on the conference, Oloyede noted that, Real Estate Nexus is a conference that brings together industry mavens, real estate investors, developers and stakeholders to address one of Nigeria’s most pressing real estate dilemmas- finance and collectively proffer solutions.

He decried the staggering housing deficit of 22 million units looming over the nation, necessitating the need for innovative financing strategies.

For him, these challenges or gaps are why Real Estate Nexus aims to bridge and provide the needed platform where innovative solutions will be discussed and sent to policy makers.

According to him, “we are not just unlocking doors but opening pathways to a real estate era that’s vibrant, sustainable, and prosperous.”

He explained that as a firm that stands as a cornerstone of innovation and progress in the real estate landscape, they would continue to seek ways to help solve some of the housing challenges facing the country as a nation.

Highlighting the challenges facing the sector, he opined that the causes have been identified as high housing costs, elusive quest for mortgage finance, Inflation and the continuous devaluation of the Nigerian currency.

He charged participants that said that the conference should trigger a huge revolution in the real estate finance landscape by leveraging every solution that would be proffered by notable speakers at the conference.

“As the esteemed conveners of this
transformative conference, Rolad Properties
continues to illuminate the path toward a more
vibrant and sustainable future for real estate
development in Nigeria and beyond.The conference, which is broken into four sessions, promises to help attendees foster connections among financiers, investors, and experts, unveiling previously unseen funding prospects. Foster collaborations capable of transforming the vision of attainable housing into concrete reality.

“Develop actionable policy frameworks that pave the way for the achievement of affordable housing, champion cooperation between the public and private sectors, exploring potential public-private partnerships as feasible solutions and enhance their capacity to navigate and excel within an ever-evolving real estate market.

“We’re throwing the doors wide open for industry mavens, investors, and stakeholders to dive headfirst into one of Nigeria’s most pressing real estate dilemmas. This isn’t just about speeches and powerpoint slides; it’s about forging tangible solutions and blazing a trail towards real estate utopia. Join us at the intersection of ideas and concrete dreams. Real Estate Nexus (REX 1.0) isn’t just another event – it’s the beginning of Nigeria’s real estate revolution.

“Nigeria’s real estate realm faces challenges that are about to meet their match. With a mortgage penetration rate that’s barely peeking at 2%, and housing deficits racking up a whopping 22 million units, the time
for innovation, is now.”

On how they are changing the narrative of financing in the industry, Oloyede, explained that in the five years Rolad Properties and Allied Services Limited, has delivered
housing solutions to over 3,000 clients in
Nigeria and beyond with more than 5,000
plots sold and 1,000 housing unit projects in
the works.

According to him, “Rolad has created over 1,000 direct/indirect jobs within the period and has built an asset base worth millions of dollars and work to always provide affordable and quality real estate services while reducing the housing deficit in Nigeria.”

The event which attracted several stakeholders from the industry witnessed over 500+ participants attending the programme.

The event also included other speakers like Deputy National President, REDAN, Barr. Akintoye Adeoye; Dipo Davies, Publishers, Castle Magazine; Niyi Adesanya, CEO, FifthGear Plus Limited; Tony Aspire-Kolawole, President, Billionaire Realtor Group; Bolanle Bello, Deputy Director, Ministry of Physical Planning and Urban Development; Ugodre Obi Chukwu, Founder, Nairametrics ; Tunde Shonekan, CEO, Frontier Capital and Wisdom Ezekiel, Co-Founder, Pertinence Group.