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Estate Firm Offers Investors 200% ROI

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By Ejike Ejike
Renowned real estate developer and Nigeria’s leading luxury property guru, who is the Managing Director and Chief Executive Officer of Sujimoto Construction limited, Mr. Sijibomi Ogundele has said his company offers investors a rare opportunity of reaping over 200 percent profit on Return on Investment (ROI) over three years.
This is notwithstanding the impact of COVID-19 pandemic on businesses, especially the real estate sector.
Stressing that there is a blessing in every adversity, Ogundele said Covid-19 has indeed been a blessing in disguise for him.
According to him, “I have come up with more ideas than ever and even had time to study my past and also re-assess the opportunities in real estate”.
“Many have said that the real estate industry is one of the worst-hit by the Covid-19 pandemic, but we have been here before during the last recession and we didn’t sink. Just like other times, we shall learn from it, rise and re-strategize”.
He further stated that to take advantage of the opportunities ahead of us, there are three fundamental Ps we are already implementing, viz, People, Prudence, and Projects.
On projects, he said “we have three major projects in the pipeline that will bring a minimum of 200 percent ROI to Sujimoto. Most projects will last a minimum of one year, so while other organizations are in limbo, folding their hands and waiting for the pandemic to be over before they take any meaningful action, we have already started. By the time the world is ready to restart, we will be done!
“On prudence, we have instituted a diligent spending culture by putting an Opportunity Per Cost (OPC) strategy to every penny spent. We shall only spend what is necessary now
“On people, the job market is saturated with lots of experienced hands who had been let off as a result of the COVID-19 pandemic and we intend to work only with the best. Therefore, we will be employing only the best and the essential.”
Amidst the pandemic, the Chief Executive Officer of Sujimoto Construction limited said his company has developed a highly viable and profitable strategy and found an opportunity for savvy investors to invest N5 billion into Sujimoto and get N10 billion back in three years.
Comparing that with other forms of investments, he said treasury bills and other money market instruments will give between 5 – 10 percent ROI on investment but his offers guaranteed 200 percent  ROI.
On the effect of claims that there are more than 2,000 empty apartments in Banana Island, Ikoyi and Victoria, Ogundele said; “When you negotiate the price of greatness, you pay the full price for mediocrity.
“For us at Sujimoto, we do not know what ‘empty apartment’ means because, in the heat of the 2016/17 recession, we sold out projects in Ikoyi.
“Our just concluded Giuliano project in Banana Island was sold-out six months before completion. Not only did we sell out, but we have also witnessed about three other resales, where a lady bought at N350 million and she sold for N480 million, making N130 million in 11months.
“At Sujimoto, we have only two things going for us, quality and integrity. I have no sponsors; no rich father or powerful aunt, all I have is my word and addiction to quality”, he added.
Ogundele further said that many businesses will witness a change post-COVID-19 because change is the only permanent thing.
 

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