Assetium Properties Limited, a subsidiary of The Assetium Group, has launched its first luxury real estate development in Lagos, marking its official entry into Nigeria’s upscale property market. The project was unveiled at a grand event recently held in Lagos, attended by key figures from the real estate and financial sectors, government officials, and other stakeholders.
Themed “Redefining Urban Living,” the launch event highlighted the company’s commitment to providing secure, modern, and high-quality residential spaces that cater to the needs of Nigeria’s growing urban population, expatriates, and frequent business travellers.
At the heart of the unveiling was the presentation of Assetium Properties’ flagship development. While details of the project’s exact location and specifications were not disclosed in the release, the company assured prospective clients that it would offer premium features in line with international standards. The firm described the development as a combination of luxury and functionality, designed to fit the lifestyle of modern Nigerians and foreigners seeking comfort, security, and convenience in Lagos.
Speaking at the event, the Managing Director of Assetium Properties, Mr. Ayoola Abdrazaqh, said the company’s goal goes beyond just constructing buildings. He explained that Assetium aims to deliver value by building sustainable and stylish communities that improve the way people live, work, and invest in Nigeria.
“At Assetium Properties, we’re not just building structures, we are crafting lifestyles,” Abdrazaqh said. “Our vision is to create sustainable and elegant spaces that elevate how people live, work, and invest in Nigeria’s fast-evolving real estate landscape.”
He noted that the company’s strategy is rooted in innovation, sustainability, and excellence in service delivery. According to him, these principles are key to attracting both local and diaspora investors who may have doubts about the safety and profitability of investing in Nigerian real estate.
He added, “By focusing on quality and transparency, we want to build trust with our customers, including Nigerians in the diaspora. We understand their concerns about security and value, and we are committed to delivering a real estate product that gives peace of mind and strong return on investment.”
The launch of Assetium Properties comes at a time when interest in luxury housing in Lagos is on the rise, especially in high-brow areas like Ikoyi, Victoria Island, and Lekki. Developers are racing to meet the demand for residential and serviced apartments that appeal to professionals, executives, and expatriates. Rising inflation and currency instability have also made real estate a preferred choice for Nigerians looking to hedge their savings.
Industry experts say the entry of a new player like Assetium into the high-end property segment will increase competition and could lead to more innovation in the market. Some analysts believe that fresh investments from new developers may also improve construction standards and customer service in the luxury housing space.
Assetium Properties Limited is part of The Assetium Group, which operates in several sectors, including finance, investment, and asset management. The company says it plans to expand its real estate footprint across Nigeria in the coming years and explore opportunities in both residential and mixed-use developments.
The launch event ended with networking sessions and a showcase of the company’s architectural vision, reflecting its ambition to set a new benchmark in Nigeria’s luxury real estate space.
