The 16th Honours Nite of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Lagos State Branch, received the full backing of Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings.
The company sponsored the event, which brought together industry leaders, corporate partners, and public sector decision-makers in the real estate sector.
It was an avenue to recognise and celebrate exceptional achievements in the real estate and development ecosystem.
The chairman of NIESV in Lagos, Mr Gbenga Ismail, while addressing guests at the programme themed Inspiring Excellence, Shaping the Future, said, “Honours Nite gives us the chance to highlight the excellence and integrity inherent in our profession. While we celebrate today’s achievers, we set a precedent for a future that embraces innovation.”
The chief executive of Stanbic IBTC Capital, Mr Oladele Sotubo, stated, “At Stanbic IBTC Capital, we believe that excellence in the real estate sector is necessary for sustainable growth and community development.
“By supporting events like the NIESV Honours Nite, we underscore our commitment to recognising and empowering the professionals who shape our built environment.
“Together, we can inspire innovation and uphold the highest standards, ensuring a future where quality housing and ethical practices thrive in Nigeria.”
Also, the Head of Real Estate Finance for West Africa at Stanbic IBTC Capital, Mr Tola Akinhanmi, expressed pride in supporting professionals and developers dedicated to providing high-quality housing solutions.
“These awards recognise projects that meet significant market demands and symbolise the progressive vision for the future of real estate in Nigeria,” he said.
At the ceremony, Stanbic IBTC Capital was announced as the winner of the Residential Development of the Period Award. This was for projects that demonstrated significant market influence and superior execution.
Biufort Homes Limited’s Greenwich Gardens (Ketu) won the Silver Award, while UPDC Plc’s The Hampshire earned the Gold Award for its outstanding design, execution, and strategic contribution to the premium residential landscape.
The collaboration between Stanbic IBTC Capital and the group highlights the importance of excellence in the real estate sector.
It sets a foundation for future innovations and advancements especially in underweight asset classes such as the residential sector which will help to catalyse developments and further bridge the housing supply gap in Nigeria.
This further underpins Stanbic IBTC’s value proposition and support to stimulate home ownership and acquisition via our end-to-end product offering including construction/development finance, insurance and various home loan packages which creates effective demand.