DEVELOPMENT INVESTMENT ADVISORY

Corporate Profile

Propertygate Development & Investment Plc enriching your living

About Us

We are a real estate company with primary engagement in property development and investment. Our interests cut
across residential and commercial properties. We also provide real estate advisory services; delivering high level
solutions in areas of development conception, design and build, development appraisal and monitoring among
others. Our competitive edge includes our domain expertise, track record, excellent management, innovation and
strong corporate values. In all our business offerings, the ultimate goal is to deliver superior value to our chosen
markets.

Our vision is to be a global real estate development company, distinctive for superior value delivery to our customers,
investors and employees. And our mission is to help our customers across geography and class experience superior
satisfaction through our quality products and services.

At Propertygate, we believe the fulfilment of our corporate aspirations is strongly linked to the values guiding our
thoughts and actions. Our behaviours are therefore rooted on these non-negotiable values:

 Commitment to Relationships
 Integrity & Candour
 Meet Expectations
 Continuous Innovation

SOME OTHER CORPORATE INFORMATION

Auditors: BDO Professional Services

Registrar: Meristem Registrar Limited

Principal Bankers: First City Monument Bank Plc

Fidelity Bank of Nigeria Plc
What We Do

DEVELOPMENT

We are mainly a real estate development company, engaged in acquisition of virgin sites for new development;
existing properties for redevelopment; and rehabilitation of dated properties to meet current functional needs and
trends.

When undertaking residential development schemes, we build quality homes with great attention to functionality,
space flow efficiency, structural stability, façade and finishing details. Our homes, typically within nature friendly
environment, range from single family units to multi-units development. In our commercial developments, whether
office, retail or leisure, we distil our understanding of the functional and complimentary needs of the users into the
scheme concept, designs and finishing. Our aim, in both development undertakings, is to deliver products with strong
features of functionality, quality, value and sustainability.

Our development products have continued to enjoy patronage of our chosen markets, whether they are for sale or
lease.
 ADVISORY

Real estate is a complex venture requiring multi-disciplinary skills, knowledge and demonstrated experience.
Underestimating this complexity has, time and time again, resulted in financial losses, unrealized dreams and in some
cases, total ruin among other unpleasant consequences.

Real estate investors, financers, promoters, users, and other players can have their positions significantly enhanced
for success in real estate ventures by leveraging our advisory services. We can work with you on your real estat e
initiatives. We have the pedigree to do this, as we have people with deep knowledge, skills and extensive experience
in various areas of real estate. We can help in Development Conception, Design & Build, Development/Investment
Appraisal, Rehabilitation, Structuring Real Estate Ventures & Deals, and Policies & Processes’ Designs.
The Board

Adetokunbo Ajayi, Managing Director

He is an entrepreneur, a real estate professional and an attorney at law. He has uninterrupted work experience of
over 25years in real estate development. His expertise, knowledge and experience span development conception and
implementation, real estate investment, property finance and real estate advisory. Currently the CEO of Propertygate,
he parades impressive leadership and corporate management skills, and rich top management experience. His last
position before joining Propertygate was Executive Director, Enterprise Division at Crown Realties Plc, one of the
earliest private real estate development companies in Nigeria. Before moving to the real estate sector, he was in the
law firm of Alao Aka- Bashorun & Co.
Tokunbo holds a Master of Science Degree in Real Estate Development and Investment from the University of
Greenwich, U.K; a Master of Law from the University of Lagos and a Bachelor of Law from Obafemi Awolowo
University, Ile-Ife. A strong believer in continuous learning, he has attended many capacity development courses,
including the Real Estate Executive Seminar at Harvard Business School, the Executive Series Program at the Centre
for Real Estate, Massachusetts Institute of Technology (MIT); and the International Housing Finance Program and
the Workshop on Securitization, at the Wharton School, University of Pennsylvania, U.S.A. He continues to impact his
community in various ways, including acting as a resource person at many learning and discourse sessions.

Jonathan Oluwole Ogungbola, Non-Executive Director

Wole is the Managing Partner of Wole Ogungbola & co., a leading firm of Estate Surveyors and Valuers based in
Lagos. A real estate practitioner with over three decades of experience in the industry, Wole’s road knowledge and
experience cover property marketing, property and facility management, valuation, property development and
investment, property advisory and general real estate consulting.

Wole held various top positions in organisations he earlier worked for, which included the Managing Surveyor at
Kayode Olubajo & Associates, Head of Agency and later a Partner at Darl Uzu & Associates. At Darl Uzu & Associates,
Wole was the interfacing officer with Crown Realties Plc over its Crown Estate Lekki Project, where he played an
extensive role at its development conception and marketing.

Wole holds both Bachelor and Master of Science degrees in Estate Management from the University of Lagos, and
also a Master of Business Administration (MBA) from the same University. Wole, a member of the Nigerian Institution
of Estate Surveyors and Valuers, is a scholar with attendance at various real estate courses, seminars and
conferences. He acted as a resource person at some of these conferences.
 Peter Bababunmi Folikwe, Non-Executive Director

He is a non-executive director on the Board of Propertygate. He brings in great value from his extensive experience
to the company. Peter was the immediate past MD/CEO of Berger Paints Plc and the current Chairman of Siochanta
Nigeria Limited. He was at a time, an Executive Director, Sales and Marketing with Vitafoam Nigeria Plc, General
Manager, Sales and Distribution, UAC Foods Limited, Director, Vono Nigeria Plc; and Chairman, Board of Directors,
Vitabloom Nigeria Limited (subsidiary of Vitafoam).

Peter has a brilliant work career of over 27years. His experience spans sales, marketing, production, management
and leadership; not only in manufacturing but also in the service industry such as MTN where he worked for 5years.

Peter graduated with a Bachelor of Science degree in Marketing from the University of Nigeria, Nsukka and a Master
of Business Administration (MBA) from University of Benin. An Alumnus of Lagos Business School, he is also a fellow
of the Institute of Direct Marketing of Nigeria and a member of National Institute of Marketing of Nigeria.
Projects Gallery

Alexandria Quarter, Sangotedo, Lekki Peninsula, Lagos

Blocks of Terraced Houses

Blocks of Semi-detached Houses
Blocks of Flats
Mixed Use Block
Children Play Area
Mini Water Works

Power/Generator House
 PROPERTYGATECENTER, Central Business District, Lekki Phase 1

Frontal View
Frontal/Side View
Aerial View
Ground Floor – entrance foyer, main reception, lifts/stairways, car parks
Main Entrance Reception
Rear View from Durosimi Etti Street, Lekki 1
Gateview Court, Igbo-Efon, Lekki Peninsula: City Living with Style
50 Units Residential Development in Crown Estate, Lekki Peninsula
Catembe Court – Part of Development in the Estate
LILY, Crown Estate
PELICAN, Crown Estate
 THAMES COURT, Oral Estate, Lekki Peninsula

FRONTAL/SIDE VIEW
SIDE VIEW
AERIAL VIEW
REAR VIEW

Contact: 8, Office Apartments,

Rasheed Alaba Williams Street, Lekki 1, Lagos
08086776620, 01-3429524, 01-3428923
Email: info@propertygateplc.com
info@propertygateplc.com