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How Landwey is completing projects amidst time constraints, fiscal obstacles

By Guardian Nigeria
13 April 2022   |   10:54 am
It's been two years since the coronavirus (Covid-19) swept the planet, wreaking havoc on every facet of human life. While it may appear on the surface that the world has successfully returned to business as usual, most businesses do not operate in this manner. This is especially true for real estate development corporations like LandWey…

Olawale Ayilara, CEO, Landwey Investment Limited

It’s been two years since the coronavirus (Covid-19) swept the planet, wreaking havoc on every facet of human life. While it may appear on the surface that the world has successfully returned to business as usual, most businesses do not operate in this manner.

This is especially true for real estate development corporations like LandWey Investment Limited, which is one of Nigeria’s largest, if not the largest, residential development firms.

Since 2020, firms like LandWey have faced a variety of obstacles, including contractor inefficiency, inflation, and shifting foreign exchange rates, all of which have had a significant influence on the procurement of building materials.

Speaking on the current challenges being faced by real estate development companies, Olawale Ayilara, CEO, LandWey stated: “There is a lot to be said about the burden of construction in Nigeria. However, at LandWey, we have learnt that construction requires a daily review of our processes and improving on them.

“In the reality in which we currently exist, we are learning to adapt in order to thrive. The companies that survive these challenging times are those who are able to lead with integrity and have a deep understanding of their customers.

“We at LandWey are facing these challenges by being optimistic despite the tough market conditions and devising new strategies that will enable us to create greater value for our customers in the long run. We are bringing together our industry expertise; quality product and service applications, and safe and reliable supply in order to provide more viable solutions,” Ayilara said.

LandWey is known for its great practise, innovation, designs, and customer-centric commitment to offering quality service all around the world.

As a recipient of several awards like the prestigious International Property Award (2021) in recognition of its Urban Prime One Estate project, Business Day’s Real Estate investment company of the year (2019), and Most Innovative Real Estate Company of the Year (2017), LandWey has over the years held itself to a high standard and in a bid to maintain the standard it is recognized for.

The company has taken stringent measures to avoid common preventable disasters peculiar to the industry by ensuring the use of quality building material and hiring experienced skilled workers who are focused on expediting delivery of housing units without the risk of compromise to the existing standards.

LandWey has continually enhanced its communication with clients who may be reasonably frustrated by the delays as part of its attempts to cope with the rippling effects of these current problems. Through routine project updates, an increased workforce and an efficient work plan towards delivery, LandWey is also optimizing its processes in order to keep to its promise of quality service to clients.

Landwey boasts of a track record of developments of reputable quality predominantly in the Ibeju-Lekki axis such as Millennial Town, The Apartment, Urban Prime, Northville Estate, and The Milton Estate, among others.