Adelani Adewuyi, a Nigerian real estate developer, was born in Ibadan and is a product of the Federal University of Technology Akure.
Delani’s dedication and accomplishments have gained him numerous accolades.
His pursuit of excellence led to recognition from prestigious institutions, including the Lagos Business School, Strathmore Business School, and the Harvard Graduate School of Design.
Adelani Founder/CEO of CW Real Estate; calls on fellow personnel in the real estate industry to cut down its gross profit.
Understanding the importance of the role of a real estate surveyor and valuer is a key role in building and Adelani Adewuyi wants to walk us through the values he brings to his clients before building commences.
As recorded in 2022 by the National Bureau of Statistics, the real estate and construction sector to Nigeria’s real Gross Domestic Product increased by N8.9trn in the fourth quarter of 2022, according to the latest GDP report.
The sector’s GDP contribution rose to N28.9tn despite high-interest rates, inflation, and cost of building materials, amongst other challenges faced last year.
He says, “With the present challenges springing up in Nigeria, this will further cause building materials to increase, due to fuel subsidy removal, springing up by the day, and still unstable till date. This challenge can be managed, but most people in this industry might not cut down its gross profit, rather they will feast from the public by any opportunity seen”.
Further analysis revealed that the annual growth rate of the real estate sector was 10.75 percent in 2022 with a total contribution of 5.64 percent, higher than the 5.60 percent reported in 2021. He debunks the present situation in the market.
“As a company, we have been able to bring this balance to our clients. I am not an architect, but when development is about to commence, as a company we come in to stabilize the cost of materials by connecting our clients to our partners in the building material sector, who are working in-line with our vision in cutting down its profit, which is rare”.
