The new National President of the Real Estate Developers Association of Nigeria (REDAN), Akintoye Adeoye, has said that his administration will facilitate engagement with financial institutions, investors and government agencies to open funds and grant opportunities for his members.
Adeoye stated this at the weekend while revealing his vision during his investiture as the association's president, stressing that the fulcrum of his administration would be geared towards transforming the real estate landscape.
He said, "Together, let us work towards a future where the real estate sector in Nigeria is globally recognised for its innovation, transparency, integrity and socio-economic contributions. REDAN will lead the charge in transforming the Nigerian real estate landscape, fostering sustainable growth, productivity and improving the lives of our citizens.
"Let us embark on this journey together, realising the immense potential of the real estate industry in Nigeria and building a better future for all."
He further said that his administration would promote Environment Social Government (ESG) frameworks, sustainable practices and regulatory compliance to build professional culture.
He said, "Embrace ESG principles and position yourselves for long-term success in a rapidly evolving global economy. There must be a conscious focus on inclusivity, carbon emissions, energy consumptions, waste management, water usage, biodiversity conservation, among others.
"This will also include building members' capacities for green building practices, offering resources, training and incentives for adopting environmentally friendly construction methods and technologies. Encouraging sustainable development can enhance members' competitiveness and contribute to environmental conservation efforts."
He stressed the need to leverage on technology, promising to establish an incubator programme to support real estate technology start-ups and real estate entrepreneurs in the built environment.
He noted that, "This will include offering mentoring, funding opportunities and access to resources such as office space and legal support to help new ventures succeed. This initiative can foster innovation and drive growth within the industry."
