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From Isaac Anumihe, Abuja
The Vice President of the World Trade Centre (WTC) Abuja, Mr. Karim Ahmed, has rated Churchgate Group as the leading estate firm in Nigeria, saying that not only that the group has invested over $1.2 billion in real estate; it is providing real estate solutions. He said that he arrived at this conclusion because of Churchgate’s ability to adapt to changing economic environments.
According to him, the conglomerate which owns the WTC Abuja, Churchgate Plaza, Abuja and Churchgate Towers I and II in Lagos, has a track record of providing real estate solutions for the past 30 years in Nigeria. Ahmed, who spoke to newsmen at the WTC during the end of the year/networking cocktail at the weekend, said the group always deploys solutions that help it weather the storms of the downturn in the economy.
“The general economic situation in Nigeria affected almost all businesses but we are able to remain stable and strong because of our ability to adapt to the changing environment all the time. Yes, this year is challenging but we have also made significant progress. As I said, our ability to adapt to change has made us provide different solutions. Ordinarily, in the past, we used to provide the real estate and let the customers design their spaces but what we have been doing more recently is tailor the solutions to customers’ needs. What I mean by that is that we meet with you and provide you with the real estate solutions that you desire.” he said, adding that the end of year cocktail was meant to forge a better 2024 in the real estate sector.
The Vice President revealed that there are plans to go into the middle class niche of the market.
“The goal is to celebrate the past and chart a course for the future and also create more awareness about the WTC, Abuja. We’ve been a bit hesitant about going public but the first phase of the project is completed now. We are fully operational and we have clients close to us and it is time we just celebrate our customers and chart a course for the New Year.
“In 2024, we hope to usher in new opportunities. We have been at the threshold of breaking bonds in the real estate solutions in Nigeria. We hope that in 2024, in our position, the Church Group will be a leader in real estate office and residential provisions in the whole
of Nigeria,” he added.
Ahmed also said that the WTC, Abuja, is strategically positioned to be able to cater for the diverse needs of businesses and residents. “We have 24 floors of prime grade office spaces available to multinational, single business and the like. We have 24-storey supper
exclusive apartments. These are some of the luxury apartments you can have in this part of Africa,” he acknowledged.
The General Manager, Operations of the WTC, Mr. Ibukun Adeogun, said the $1.2 billion investment by Churchgate Group is a hub for lifestyle in the capital city. “You work here, have your offices here at the WTC Offices and you live across from the WTC Residences. You do your shopping here at the shopping mall on the premises and the Abuja Metro is just across there and the new bus terminal is close by. So, it is going to be a hub of activities and we want people to key in. Already, we have high networth companies here; oil and gas companies are here and a lot of bluechips are coming in. We also have people living in the residences,” he said.
