Since 2017, Cruxstone Group, a leading real estate development company, has been redefining properties with over 200 homes to its credit today.
Beyond properties, the company is also boosting Nigeria’s hospitality landscape, and destination appeal with the Autograph Plus, an innovative hotel apartment model and investment that is democratizing ownership in hospitality business, as well as Nautica Beach Resort, an inclusive, yet exclusive beach resort offering in Eti-Osa, Lagos, that rivals its peers across the world.
In this interview, Adetoro Bank-Omotoye, managing director, Cruxstone Group, shares with Obinna Emelike, the rationale for the huge investment in the beach resort, facilities, how the resort boosts Lagos as a destination, growing beach culture, the untapped tourism potential of Lagos coastline, why the real estate company thrives despite challenges, among related issues. Excerpt:
As one of the leading real estate companies, how has business been in view of the challenging and competitive market?
The Nigerian real estate market has undoubtedly experienced significant challenges, from rising construction costs and inflation to changing consumer spending patterns. However, we have remained focused on our long-term vision and the opportunities that exist within the market. At Cruxstone, we believe that challenging periods also create room for innovation, strategic thinking, and the development of products that respond to evolving market needs. Our focus has been on delivering well-conceived developments that offer both lifestyle value and investment potential, while maintaining a strong commitment to quality and customer experience.
