Property firm, Pelican Valley Nigeria Limited is set to court the interest of diaspora investors to attract investment in the real estate sector of the country.
According to a statement on Saturday, this was disclosed by the firm’s Chief Executive Officer, Dr Babatunde Adeyemo, ahead of preparation for the 10th anniversary of Avenue Impact, a UK-based business networking organisation.
According to Nigeria’s rebased Gross Domestic Product, real estate is the third largest sector in the Nigerian economy, indicating improvement and opportunities.
The statement revealed that the Chairperson of the Nigerians in Diaspora Commission, Abike Dabiri-Erewa, will be the Special Guest of Honour at the event, expected to bring together a mix of African and diaspora entrepreneurs, investors, mentors, and clients.
Adeyemo said that the UK visit is part of Pelican Valley’s broader strategy to tap into diaspora wealth, particularly through its flagship project, Pelican’s Ecostay Apartments, a fusion of eco-living and smart luxury.
Recall that in 2024, Adeyemo was featured at Avenue Impact’s Business Networking and Winter Ball, where he showcased Pelican Valley’s tech-driven smart homes.
His efforts with the diasporan tour have so far yielded investment from over 900 Nigerians in the diaspora, with Avenue Impact members alone acquiring 48 plots of land and two houses.
About the Ecostay Apartments, located within the Pelican Brief Estate in Ogun State, Adeyemo said, “This unique residential project also includes lifestyle additions like a lounge, bar, mini club, sports courts, places of worship, a swimming pool, and even a mini zoo housing camels, ostriches, and peacocks.”
He added, “With a zero per cent interest rate and no hidden charges, our repayment plan is diaspora-friendly.”
Adeyemo noted that the value of Pelican’s two-bedroom apartment jumped from N28m to N42m within one year, highlighting not just the profitability but also the trust clients have in the brand. “We also help clients convert their homes into short-let apartments, thus ensuring steady rental income and long-term ROI.”
Founder and CEO of Avenue Impact, Mr Funso Akinwunmi, in a statement, said the 10th anniversary will highlight strategic partnerships, especially in real estate, with Pelican Valley at the centre.
“This collaboration shows the credibility Pelican Valley enjoys and offers a platform for its CEO to hand over investment documents in person,” Akinwunmi stated.
He added that the event would underscore the long-term financial benefits of investing in Nigerian real estate and the transparency that has come to define the Pelican brand.
