Nigeria’s Real Estate Has Prospects for Global Investment –AlphaMead

• Nigeria’s Real Estate Has Prospects for Global Investment –AlphaMead

The Group Managing Director, Alpha Mead Group, Dr Femi Akintunde, has said Nigeria’s real estate remained an industry to watch as the country’s business environment positioned for global investment.

Akintunde spoke in reaction to the group’s award as one of the ‘Next Bulls’ on the Nigerian Stock Exchange by BusinessDay Media in collaboration with the NSE.

He said the award was another testament to the fact that the industry had remained resilient despite the challenging business environment.

He said, “This is indeed humbling. It is for us another demonstration that our efforts to lead the positioning of Nigeria’s real estate sector into the mainstream of our nation’s economic scheme of things is paying off.

“The Nigerian business environment is indeed challenging, particularly for a real estate sector that is just wriggling its way out of recession. But in the midst of this, we have ensured we stayed steadfast and committed to global best practices and sound corporate governance regime. And this is paying off well not just for Alpha Mead, but the real estate industry.”

Akintunde who dedicated the award to the over 1,000 employees across the 13 countries where the company currently operates, said Alpha Mead was also among the ‘Companies to Inspire Africa’ selected by the London Stock Exchange Group in January, and that in 2013, he was recognised by Ernst & Young in its ‘Entrepreneur of the Year’ emerging category.

“All these, for us at Alpha Mead are not just about our brand, but what they mean for the real estate industry in Nigeria. Being instrumental to beaming the light on the industry and being constantly guided by the huge responsibilities this places on us is a role we take very seriously,” he said.

A statement by the group noted that the award presentation ceremony which held as part of the Businessday Media’s fifth edition of the Top 25 CEOs’ Award in Lagos recently, also had other brands such as Airtel, IHS Towers, Tolaram Group, Zinox, Innoson Group, Enyo and others in the same category.

The Publisher and Chief Executive Officer, BusinessDay Media, Mr Frank Aigbogun, was quoted to have said the award was instituted to identify and celebrate some of Nigeria’s most innovative companies with authentic brands, incredible growth trajectory, market dominance, outstanding value system, adherence to global corporate governance systems and visionary leadership.