By Peter Egwuatu
Unlocking growth in Nigeria’s real estate and hospitality sectors begins with tackling today’s challenges, says Haldane McCall Plc’s Group Managing Director, GMD, Dr. Edward Akinlade.
He stated, in an interview with Vanguard, that Nigeria’s real estate sector has significant growth potential, yet it continues to grapple with challenges including rising construction costs, inflationary pressures, restricted access to financing, and inadequate infrastructure.
In this interview, Akinlade shares insights on how the company is adapting to the current business climate, the major issues affecting the industry, emerging opportunities within the market, and the policy interventions the government can adopt to boost housing development and stimulate sustainable sector growth.
While commenting on the Haldane McCall’s financial performance of 2025, he said :“We delivered a solid performance despite operating in a difficult economic environment. Revenue grew to N2.28 billion, while profit after tax stood at N642.46 million. More importantly, we maintained a strong balance sheet with total assets of N21.83 billion and shareholders’ funds of N17.15 billion. These figures demonstrate the resilience of our business model and our ability to create value despite inflationary and exchange-rate challenges.”
