The Board of Directors and Management of Afriland Properties Plc earlier in the week held a strategy session to plan the future of the real estate firm with one of the largest land banks in Nigeria. As the company targets the top 3 ranked companies in the real estate market in terms of revenue and net cash flow by 2020 and top 5 ranked institutions in Africa by revenue and cash flow by 2025, discussions at the meeting centered on Afriland’s growth strategy from 2018 onwards.
This includes several means of harnessing the growth potential, which is expected to drive Nigeria’s real estate sector in the nearest future.
The session which took place at Westwood Hotels in ikoyi, held discussions to validate current performance and capabilities, analyse global and local macroeconomic environment and develop strategic priorities and objectives with special focus on capital funding options for development projects.
Also present at the session were Dr. Awele Elumelu, Chief Executive Officer, Avon Medical Services Limited, Mr Billi Odum, Company Secretary, United Bank for Africa, Kayode Fadahunsi, CEO, Prosperis Hodings and other external consultants.
See more pictures below: