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About Us
Pentagon Real Estate Investment Limited is a privately owned company incorporated on 6th February 2007 with the objective of providing Real Estate services to individuals and corporate bodies. It commenced business shortly after incorporation and has its head office at Suite E68/91, Ikota Shopping Complex, VGC, Lekki Peninsula, Lagos State. The Company is managed by professionals with several years of training and experience both in Nigeria and abroad. It is currently handling a number of estate development projects which include Mainland Park, Cedar Gardens, Rehoboth City and Crystal Gardens.
Foundational Philosophy
The housing deficit in Nigeria is estimated at between 12-16 million housing units while current home ownership rate is estimated at 10%; compared to 69% in the US and 92% in Singapore. All efforts of both the Federal and State Governments geared toward addressing this problem have proved grossly inadequate.
The effort of majority of real estates private sector player is like a drop in the ocean and has been unable to alter the ugly picture. This in part can be attributed to the profit maximisation drive of these establishments.
Our founding philosophy is therefore borne out of the compelling need to think outside the box if the Country must experience any form of improvement in the current state of housing provision across the states. The need for this paradigm shift has led Pentagon Real Estate Investment Ltd. (PREIL) to the identification of five pertinent issues in housing delivery in Nigeria.
- Land acquisition logistics, land security, omo-onile syndrome and the ever sky-rocketing land costs.
- Neighbourhood Security
- Perfection of Land Titles
- Infrastructure Cost
- High Cost of Housing Development
Our Vision
To be a First-Class Pan-African Real Estate Corporation by Year 2015.
Our Mission
To serve as catalyst for the provision of affordable properties in excellent environments with flexible payment plan.
Our Values
P - Professionalism
E - Empathy
P - Passion
S - Synergy
I - Integrity
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