Monday 20 October 2014

INSIDE THE WORLD OF SIJIBOMI OGUNDELE, THE LUXURY REAL ESTATE CONSTRUCTION WHIZKID

Sijibomi Ogundele




Sijibomi Ogundele has got a charming personality that elicit the admiration of anyone who comes into contact with him. At 33, he is an achiever of immense proportion, and a die-hard believer in Nigeria. 
Growing up as a secondary school student,Ogundele's teacher once told him that he couldn’t make it in life; he was considered too stubborn and too dumb. But for a guy with grit, no mountain is too high. Now, Ogundele has that former teacher on his payroll.



Ogundele is the founder and lead partner of Sujimoto Group of Companies which deals in real estate, finance and energy. The firm has offices in Paris, Accra, Madrid, Dubai, Riyadh and recently, Lagos.
 Self-consciously gentile, gracious and brimming with innovative ventures, Ogundele has his eyes on completing 500 private compounds of four-bedroom houses and 1,500 apartments, with schools, supermarkets, and leisure parks by 2020. This is designed to be the most beautiful estate in Africa. And fittingly, he has named it after his mom: ‘Adebukola Estates’.

Interestingly too, Ogundele's company has just completed the building of a luxury estate in Ikoyi called the Medici Terraces. The estate is a statement in star quality opulence and class. Medici Terraces is located on Milverton Road, Ikoyi and it has redefined what Terraces are known for. Its finishing and additional features put it in a class of its own. 

Nigeria over the years have seen the best in construction of edifices, service apartments, hotels, leisure centres and Luxurious suites. But Sijumoto Construction Ltd is focused on only setting the pace but also putting Nigeria in the world map of Construction. Its designs are world class with the best of hands money can buy. Sijumoto Construction is a real estate development firm, with a young vibrant team, on a quest for excellence. The company is dedicated to spur a change, with an obligation to bridge the gap in the provision of exceptional luxury structures all over Nigeria with Lagos as a start up point and to other parts of West Africa. Its mission is not to simply satisfy its clients but to go the extra mile and delight them with high quality and glamorous edifices.

If there is one issue that has been troubling the real estate sector of the Nigerian economy, it is the issue of quality. There have been building collapses across the cities with lives being lost and investments going down the drain. Ogundele says if there is one sector where the expression, the devil is in the details, assumes a statue of impeccable truism, it is in the real estate. Miss the details, and you are sunk.

Ogundele says the unstable nature of the real estate world is as a result of the rising cost of land and building materials and this ultimately affects the cost of construction. According to him, hardly can someone say for sure how much a project will cost. He does not, however, fail to mention speculative pricing; a situation whereby a builder will be guessing cost of materials without verifying through prevailing market indicators.

And as far as the business of real estate is being done, Ogundele believes nothing stops Nigeria from attaining the status which Dubai currently enjoys. 












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