Foremost realtor, Dr Babatunde Adeyemo, has declared that there is no better time for Nigerians living abroad to invest their idle funds into lucrative real estate businesses back home than now.
Dr Adeyemo, who is the Chief Executive Officer(CEO) of Pelican Valley Nigeria Limited, said Nigerians living in the UK, United States, Canada or Ireland are at a advantageous position to leverage the favourable exchange rate that placed more value on the foreign currencies today, urging them to channel their funds to the secured and high returned offered by Pelican-Valley Nigeria Ltd.
“It is good for people to invest now, most especially Nigerians in the diaspora. They are really in advantageous position because the exchange rate is favourable to them and they can easily key into real estate business and it will multiply their Return on Investments (ROI). So, it is a good opportunity for them to key into the real estate business now,” he said.
Adeyemo who is a recently inducted ECOWAS Youth Ambassador and anti-corruption ambassador gave the advice in an exclusive interview while revealing that Pelican Valley Nigeria Limited had been billed to showcase its range of products, offer real estate advisory and also flash his proven, secured real estate investment at the forthcoming London AVI Networking Event 2023, which will be focusing on property portfolio management, investments in Nigeria.
He explained that the event slated for December 2, 2023 in London, is being put together by London-based Avenue Impact Training & Consulting Limited, a firm that assists immigrants with the necessary trainings required to take informed business decisions in terms of career choice, field of endeavours and the better place that can help them achieve their legitimate life ambitions.
Adeyemo expressed the confidence that the multiple award-winning Pelican Valley Nig Ltd would attract, to the Ogun State, mutually-beneficial investments not less than £1 million from the property portfolio and management investments event in London.
On the London, AVI Networking Event 2023
Speaking extensively in the interview, Adeyemo said: “What AVI is trying to do now is that having helped her members to fully integrate into the system, they are now propelling members to take an informed decision on how to invest their hard earned funds wisely. The beauty of travelling abroad is to bring all goodies acquired over there back home successfully.
“The AVI has independently conducted its research and due diligence on Pelican Valley Nigeria Limited and has now successfully helped their members to make wise and informed investment decisions about a viable and trustworthy organisation that its members can invest their funds in and have peace of mind.
“I think they really researched about us, checked our track records, goodwill, delivery and realised that we are of good reputation before reaching out to me personally to come over to London and enlighten their members on how to take a full advantage of the real estate investment in Nigeria through Pelican Valley.
“Real estate business is highly lucrative and if I, could personally take it from almost the lowest strata of the society to this level that God has placed us, I can also help those that have the funds too, not only those with idle funds but also others that are looking at those positive and secured investments that would break-even and give a high RoI within a short period of time.
“There is something you cannot take away from the real estate business, that integrity and goodwill. You need integrity to make your business thrive and not to cut corners or cheat investors.
“You need to invest with someone with a proven track record of integrity and goodwill so that your real estate investment can be secured. Let me shock you, 90% of Nigerians in the diaspora who are investing in real estate have actually got their hands burnt, because most of them are unable to reach out to realtors who can secure their investments.
“And it takes someone with clean character, prudency and great integrity to secure real estate on behalf of any individual. It is very evident in our track record that we have been into this real estate business for almost 14 years now without a single court or police case and when you check our reviews, you will discover that we have 100% positive reviews on all our public platforms.
“So, it would be a wonderful opportunity for those that are willing to invest and get a high RoI to take full advantage. Take for instance, a plot of land at the Pelican Valley Estate which sold for N800,000 about eight years ago is now 20 million. At Pelican Brief Estate in Kobape, we started selling land at N785,000 but today, it is 5 million per plot. I know in the next three years, it will shoot up to 10 million.
“So, it is good for people to invest now, most especially Nigerians in the diaspora. They are really in vantage position because the exchange rate is favourable to them and they can easily key into real estate business and it will multiply RoI for them. So, it is a good opportunity for them to key in.”
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On Pelican Valley products
“We are taking the ‘REAL’ products to them in London. First of all, the Pelican Valley Estate, Laderin where unusual homes happen. Pelican Valley has one of the most beautiful landscapes, most unique ambience and serene environment one can find in the whole Southwestern part of Nigeria.
“It is so natural and you can’t see something like it anywhere in the Southwestern part of Nigeria. It took us almost seven years to achieve such scenery, ambience and landscape. We introduced it eight years ago with N800,000 but now N20m per plot. Fully energised witha 500 kva electric transformer, four fully armed security guards, all drainages done, two gardeners and all major roads interlocking.
“Other products like Pelican-Brief Estate, Kobape, where we are igniting a smart city. Pelican Brief is presently the fastest growing estate in Ogun State today. We started selling Pelican Brief with N785,000 per plot three years ago but today, a plot is N5million.
“Presently, we have four armed security guards on site and two gardeners working daily. We have also launched a N1 billion road construction intervention scheme using interlocking stones for our majour roads in the first phase of road construction. We also have a 500 Kva transformer, fully energised, stepped down from a 33 kva trunkline.
“Every plot in Pelican Brief has an electricity pole in front of it, with fully energised serviced wires. It is the only estate that has a ‘full’ government approved layout in Ogun State for the first three and half years of the present administration.
“Pelican Brief has so many fully subscribed diasporan clients, which influence the naming of some of our streets after their bases, among those names are Ontario Drive, Manitoba Drive and so on. We cannot rule out the possibility of having an AVI drive or London Avenue in the nearest future. Pelican Brief presently has over 150 building approvals with over 50 ongoing constructions.
“We’ve done all our beacon sheets (ready-made registered surveys for all plots). When you buy our lands and pay in full, you get allocation almost immediately you are ready for development. These are type of products the diasporans need. The estate is less than 15 minutes from the Prof. Wole Soyinka Train Station, which connects Ogun State to Lagos and Oyo State and in the long-term, all the 36 State capitals in the Nigerian federation.
“Another product is Pelican Ecostay apartments. Pelican Ecostay apartments is just one part of Pelican Brief Estate,where we have started building one bedroom studio apartments, two bedroom apartments, three bedroom apartments and three bedroom duplexes.
“So, Ecostay apartment is highly unique where everything there is going to be 100% eco-friendly. We have started planting trees there and the tree planting project cost us over N10 million. We want to make it a sightseeing and tourist attraction. We have placed an order for three camels, donkeys, peacocks to make the ambience scenery and natural.
“The building sites and the building is also fully approved by the Ogun State government, with provisions for a purpose built lounge, gym, mini club, recreation, skid gas station, green areas, open space and hospital. Those are some of the unique advantages of our products, you can call it our unique selling points.
“We also have Pelican Valley Greenish Acres Farm Estate, which is a by-product of Pelican-Brief Estate and the Pelican’s Ecostay Apartments. The idea is to have a place not too far away from the estates where our clients and residents can easily go to get fresh vegetables and farm products, to complement the dreams of the Ecostay apartment and make people live and eat natural.
“We discovered that about 80% of our clients in the diaspora are 55 years old and above and most of them are ready to come back home in retirement and once they got home, they would need something to keep body and soul together. That was why we have the farm estate. It is about 1.5 kilometers away from the Pelican Brief Estate and Pelican’s Ecostay Apartments.
“They can just take a walk up from their houses to their farms, eat fresh vegetables that the body needs and jug back home. It is a way of promoting wellness and healthy living and the future. So, those are the products we are planning to introduce to Nigerians in diaspora, starting from London this December, God willing. Our ranges of products are interwoven, interconnected and interrelated,” he said.
Investment In View
“In the interim, we are looking at well over £1 million investment in London, that is about N1 billion investment coming to Ogun State. We are looking at the prospect of attracting over £1 million investment to Ogun State through the AVI Networking Event 2023 in London,” Adeyemo added.
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