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  Nigeria’s real estate industry continues to grow, despite facing significant economic headwinds. Real estate companies contributed about $3.9 billion to the country’s GDP in 2022 and are poised to do similarly well this year. And as Nigeria’s housing deficit expands, this sector is expected to grow even further as it strives to fill up that gap.
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If you’re looking to do business with real estate companies in Nigeria but aren’t sure which ones are worth your while, here’s a list of the 12 best real estate companies in Nigeria you can choose from.

Adron Homes

Founded in February 2012 by Adetola Emmanuelking, Adron Homes and Properties has built out several projects, comprising residential estates across Nigeria. States in which Adron’s estates are located include Lagos, FCT, Oyo, Osun, Ogun, and Nasarawa. The company is headquartered in Lagos and serves local clients and people in the diaspora.


Since its establishment in 2008, Propertymart has evolved into a leading real estate company. Its current scope of operations includes real estate development, marketing, brokerage, and investment. The successes it has achieved come down to the diverse expertise of its team, which comprises professionals from architecture, quantity surveying, engineering, administration and marketing.

Cappa and D’Alberto

This is one of Nigeria’s oldest building and construction firms. Set up in 1932, it has nurtured its reputation over several decades and is now a go-to for private and public sector projects. Some of its most famous structures are Lagos’s Civic Center, LASWA Five Cowries Terminal, Wings Office Complex, and Heirs Towers in Victoria Island, Lagos.


This self-described “Rolls Royce of real estate” builds and delivers luxury real estate to high-level developer clients in Nigeria’s major cities. It specializes in residential, commercial, hospitality, and public sector development, with sites located in Lagos and the FCT. Thus far, it has completed more than 30 projects (by its own count) and has more in its pipeline.

Mixta Africa

Mixta Africa, a subsidiary of the ARM Company, was founded in April 2005. It has delivered infrastructure, affordable housing, and real estate projects to clients across Africa, and currently operates in real estate markets in Nigeria, Cote d’Ivoire, Senegal, Tunisia, and Morocco.


Headquartered in Lagos, PrimeWaterView is primarily focused on developing high-end real estate for residents in wealthy districts of Nigeria’s commercial capital—Ikoyi, Victoria Island, and Lekki. Its estates are among the better-known in the city and have attracted interest from many middle-class families.
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UACN Property Development Company

The UACN Property Development Company (UPDC) ranks among the best real estate companies in Nigeria. It buys, sells, develops, leases, and manages residential and commercial real estate assets. In doing so, it engages a diverse clientele, especially those seeking property in the premium, classic, and luxury segments of the real estate market. Shares in UPDC are traded on the NGX.

Boing Luxury Estates

Starting in 2012, Boing steadily fashioned a reputation for itself as a leading brand in Nigeria’s luxury real estate niche. The company has served up solutions to individuals, groups, and corporate organizations, and built estates in Lagos, Abuja, and Port Harcourt. By its reckoning, it has recorded well over 1,000 subscribers who have taken up units of its projects.


Cadwell Limited has been in business for more than 2 decades. In that time, it has broadened its scope of operations to include several parts of the real estate value chain. The company is presently involved in the development, marketing, and management of the property. It promises decent returns on investments made with it; the growing number of people who subscribe to its offerings suggests that it does keep this promise.

Amen Estate

If you’re familiar with the real estate scene on the island (Lagos), you’ve probably heard about Amen Estate. This developer has built (and is building) residential estates in the Ibeju-Lekki area and has seen a high uptake of its properties by investors and prospective residents. Amen Estate promises smart home designs, beautiful scenery, and round-the-clock security.

Sterling Homes

The team at Sterling Homes says that they are “making access to a house easier for everyone”. Accordingly, their offerings target a broad base of potential clients, especially the middle class. So far, they have worked on more than 15 housing and land schemes and housed more than 5,000 individuals. Some of their projects are Havilah Court (Mowe), Jewel Gardens (Eleko), Majesty Court (Lekki Phase 2), and the Dutchess (Bogije).

Grenadines Homes

A member of the Palton Morgan Holdings conglomerate, Grenadines Homes is an emerging brand in the real estate industry. It takes projects from the initial design sketch through to the end of construction. Structures built by the company range from the Rockhampton residential units in Katampe, Abuja, to the Paramount Twin Towers in Victoria Island, Lagos.
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Final Words

If you’re hunting for the best real estate companies in Nigeria, our list gives you a fair assessment of who they are at this point. Make sure to do due diligence and weigh your options carefully before settling for any of them. Featured Image Source: Property Pro
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This article was first published on 1st November 2023 and updated on November 5th, 2023 at 11:16 pm


Ikenna Nwachukwu holds a bachelor's degree in Economics from the University of Nigeria, Nsukka. He loves to look at the world through multiple lenses- economic, political, religious and philosophical- and to write about what he observes in a witty, yet reflective style.

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