CategoriesNews & Update

Propertymart Boosts 14 SMEs with Cash Grants

This is as it redeemed the promise to the 14 SMEs that emerged winners from its Valentine’s Day promo tagged ‘Propertymart SMEs Valentine’s Grant’ held earlier in the year.

Palton Morgan, through its leading subsidiary, Propertymart Real Estate Investment Limited, has affirmed its commitment to the empowerment of Small and Medium Enterprises (SMEs) by supporting them with N100,000 cash grants.

This is as it redeemed the promise to the 14 SMEs that emerged winners from its Valentine’s Day promo tagged ‘Propertymart SMEs Valentine’s Grant’ held earlier in the year.

The online campaign which held between February 14 and February 28 had participants sending in sone-minute video describing their businesses, their inspirations, and how a grant of N100,000 will impact them.

Entries were judged based on the compelling startup stories, the proposed best use of the N100,000 grant, and the level of engagement on social media. 

The winners who met all the criteria were announced in March 7 and received their prizes recently at Palton Morgan Head Office in Victoria Island.

Speaking while presenting the cheques to the winners, Nidal Turjman, Group Chief Operating Officer, Palton Morgan Holdings, highlighted the importance of giving back to society and disclosed the idea behind the initiative.

“We understand that the SME segment is an important sector of the economy, and we wanted to acknowledge them for their brilliant ideas. The initiative started with our key objective to motivate them and is a part of our corporate social responsibility. We are not looking for only profit; we are also giving back to the society by helping SMEs,” said Turjman.

“We hold our word in high regard, and we are happy that the winners have all received their grant. We will continue to encourage SMEs, not only on valentine’s day but anytime in the year. That is the least we can do for society,” he added. 

Sharing their happiness after receiving the grants, the winners appreciated Palton Morgan’s gesture, disclosing that it means a lot to them and their business growth.

Temiloluwa Ajet, who runs a male fabrics business, said, “This was a pleasant surprise, and I wish to express my appreciation to Palton Morgan for this grant. I usually get orders in bulk sometimes, and I’m sometimes unable to deliver due to financial constraints. But with this money now, I’ll be able to get materials in bulk and deliver to my customers,” she said.

Adeshola Araoye expressed the same sentiment, commending Palton Morgan for fulfilling its promise.

“With a lot going on in social media right now, one will always be sceptical about giveaways. When I saw my name on their page as part of their winners, I waited for like two, three days without hearing from them; I started doubting them. Today, they’ve proved to me that they keep to their word,” Araoye said.

Olawumi Beatrice, who heard about the SME grant through a friend, also praised Palton Morgan for the initiative, disclosing the money’s impact on her business. “Thank you to Palton Morgan for impacting lives and supporting small businesses like mine. There is a particular machine I’ve wanted to get that will help my work become fast; with this grant now, I’ll be able to get that machine and also get a small space to display my goods,” she said.

Another beneficiary, Oluwatobi Ogunyemi, who runs an educational tutorial centre, lauded Palton Morgan’s integrity, saying, “I am surprised companies like this still exist. I was a bit sceptical about participating in this giveaway, but they proved me wrong at the end of the day.”

He added that “one of the major challenges I face is finance and getting tutors to teach the students. But now, with this money, I’ll be able to get new instructional materials that will facilitate learning and convince more people to be part of the tutors. Teaching is more of giving back to the society, so it has to be people that have passion for the job.” 

Since its incorporation in 2008, Propertymart has embarked on several corporate social responsibility initiatives.

It offers scholarships to outstanding high school students and carries out training programs.

During the COVID-19 lockdown, Propertymart donated relief items running into millions of naira to Lagosians.


PMH Bags Business Day’s Next Bulls Awards, 2019.

BusinessDay Media Group, publisher of BusinessDay and BDSunday, honored our GMD/CEO, Mr Adeyinka Adesope among other chief executive officers of firms listed on the Nigerian Stock Exchange (NSE), at the Top 25 CEOs and Next Bulls Awards for having contributed to the growth of market capitalization in 2018 in spite of the overall market performance.

BusinessDay, in the Next Bulls Awards, also celebrated Palton Morgan and a number of firms for inculcating good corporate governance, innovations and raising the standards of their organizations to a point where it attracts international investors.

See Also: BusinessDay Access Bank, FCMB, Fidson Healthcare, others win big at Top 25 CEOs, Next Bulls Awards

Other winners include Access Bank, Berger Paints Nigeria PLCAmerican International Insurance Company Plc(AIICO) Custodian Investment Plc, FCMB, Fidson Healthcare Plc, Linkage Assurance Plc, Seplat Petroleum Development Company Plc Stanbic IBTC Sterling Bank Plc Bank Plc, Unity Bank Plc, Vitafoam Nigeria PLC, Wema Bank Plc Airtel Nigeria, Dana Air Farmcrowdy Innoson Vehicles Zinox Technologies Limited etc.


Popularity of Houses In Nigeria’s Mega City

Lagos was an orderly urban environment 70 years ago. This was the case from the 1950s, when the city was a federal territory through to the 1960s when it became federal capital – a status it held until 1991.

The foundations of orderliness for any city are planning and management. Lagos had this in place in the early days. The city was governed by an elected Lagos City Council, Nigeria’s oldest, established in 1900. It was governed according to colonial legislation, particularly the 1948 Building Line regulations and the 1957 Public Health Law.

The city was much smaller and was made up of Lagos Island (Eko) which included Ikoyi and Obalende neighborhoods. It was a beautiful environment that featured Portuguese, Brazilian, and British Victorian architecture. Its streets were clean and tree-lined. Urban crime was virtually non-existent.

Governance standards declined when political control of Lagos, and the rest of Nigeria, came under military rule between 1966 and 1979 and again from 1984 to 1999. Proximity of the two capitals – federal and state, respectively—in the Ikoyi and Ikeja neighborhoods of the same conurbation, put more pressure on the city. In the 1970s the city expanded to link up previously distinct areas such as Ikeja, Mushin, Orile, Ojo, Oshodi and Agege.

CategoriesNews & Update

Propertymart Gives Out Incentive On Citiview Estate

Propertymart Real Estate Investment Limited, one of the leading real estate firms in Nigeria, has reiterated its commitment not to relent in its quest in ensuring that every Nigerian has access to a home.
In View of this the company recently concluded plans to roll out incentive to buyers of its news estate called Citiview Estate.
According to the Managing Director of the company, Mr. Adeyinka Adesope, who disclosed that the incentive is borne out of the desire by the company to give satisfaction to its numerous consumers without making life difficult for them.
He said that between now and Christmas, customers can enjoy an incredible discount on each home and land purchase at Citiview Estate thereby becoming proud owner of a home in Lagos
“Citiview Estate is strategically located just less than 10 minutes away from Central Business District, Alausa, it is a perfect escape from the bustle of Lagos. This well-planned estate is zoned into different residential schemes with appreciable thoughts towards recreational and commercial areas” Mr. Adesope explained.
He further disclosed that when Citiview Estate was introduced in 2010; a plot of land in Scheme 1 was sold for N3.8 million. “12 months after according to him, the same plot was pegged at N5.5 million representing a staggering 69.1% appreciation,” he disclosed.
The Managing Director attributed this appreciation rate to continuous rapid development in the estate, provision of quality infrastructure, as well as improved accessibility and proximity to the city centre.
He said that Citiview Estate is for both residents and investors who are thinking of building their houses in an urbane area with modern infrastructure and sharp communal development as the estate offers serenity and high return of investment for both residents and investors.
To this end Mr. Adeyinka Adesope opined that, customers can have the opportunity of buying into Scheme 3 with just 10% initial deposit and spread the balance over a period of 12 months!
“This is, therefore, coming at the right time considering the rising demand for housing as a result of the ever increasing population of our urban centres, especially Lagos city, “This is also one way of supporting the Federal Government’s in terms of providing homes for Nigerians.“Citiview is a luxury estate and we hope to meet the housing needs of people who love luxury buildings when this project is completed,” he concluded.

Culled from Leadership Newspapers –

We make your life easy heres how

Group Managing Director /CEO


Adeyinka Adesope is the GMD/CEO of Palton Morgan Holdings – the holding company of Grenadines Homes, Propertymart, The Oceanna, Paltonloitte & Associates, and Mitcherutti Contractors. Before leading Palton Morgan, Adeyinka was the Managing Director of Propertymart Real Estate Investment Limited, a fast-growing real estate development firm. The company witnessed significant growth and success during his tenure as the Managing Director.

 Adeyinka’s stint with both local & multinational companies and his valuable experience helped to transform the company into a strategy think-tank and a leader in the nation’s real estate sector. He is a known promoter of innovation and creativity. He does not believe in limitations. He is a young and unassuming entrepreneur with over a decade of experience in the business world.

 He is a first-class graduate of Law from the prestigious University of Buckingham, United Kingdom. He has degrees and professional certifications in business management, building & construction management, estate development, sales & marketing, leadership and politics.

 Adeyinka is an alumnus of Cambridge Judge Business School of the University of Cambridge, United Kingdom, an international member of the National Association of Home Builders, Washington D.C., United States, an associate member of the Institute of Directors, Nigeria, and a Fellow of the Institute for Government Research & Leadership Technology. He is a fellow of the Nigeria Institute of Marketing and an alumnus of both Lagos Business School and Ogun State University.

 Adeyinka is a recipient of numerous prestigious awards, a Peace Ambassador of the United Nations Universal Peace Federation and above all, a child of the Most High GOD.

Group Chief Operating Officer / Executive Director

Nidal Turjman

Nidal Turjman holds BS in Economics, Diploma of International Commercial Arbitration from Equity College, UK, and multiple executive development certificates in Project Management, FIDIC and Contract Management.

Before Joining Palton Morgan Holdings as Group Chief Operating Officer, Nidal was advisor to the board of ASAK Group in UAE, CEO Emaar for International projects in Levant region and Pakistan for about 12 years.

He is known for his proven achievements in Real Estate Development, Property Management, Assets Management in diversified Industries. His extensive experience in GCC and international markets at C-level in globally recognized multinationals as an inspiring Leader who implemented positive changes in Operational Management, Corporate Governance, Change Programs.

Nidal has great experience in transforming companies to achieve the best business objectives in terms of turnover growth through business re-structuring, high-profile sales, project management, financial re-structuring, JVs, business acquisitions and debt funding.

Chief Marketing Officer

Mumtaz Zaidi

Mumtaz Zaidi is a business graduate (MBA) from Institute of Business Administration (IBA), Pakistan and received his post-graduate Diploma in Advertising from CIM, UK. His is an expert in Brand Marketing, Project Sales, Customer Services, Real Estate JVs, Franchise Development and Project Management

He has a successful track record with blue chip companies in Pakistan, UAE and Turkey. He embraced Sales, Marketing and Customer Services as career option and served telecoms, FMCGs, Automobile, fashion and premium Real Estate brands.
Spent over decades in UAE, 3 Year in Pakistan, 2 years in Istanbul and Now in Africa.

He is known for building brands from the scratch and grown product lines to greater success. Launched many products, services, projects and subsidiaries. Created strong platforms to sell in UAE, Pakistan and in Istanbul. Developed strong teams for projects and created successors.

Before coming to Africa, he worked with Emaar Pakistan as Commercial Director, Top-notch real estate projects in Dubai like Dubai Silicon Oasis, Dubai Maritime, Business Bay and non-real estate companies LG, Etisalat, Emirates Airlines, Cairo Festival City, Masdar to name a few.

Now working with Palton Morgan Holdings as Chief Marketing Officer and looking after the corporate brand and its subsidiaries. He joined the company to work on company’s new vision statement and expansion of Palton Morgan Holdings to Africa and beyond


Peter D. Raven

Peter D Raven is a Dutch, an architect by profession is all-round development, design & construction professional with important international experience, speaking fluently 3 languages (English, Dutch and Spanish). He has over 30 years experience which cut across Europe, Middle east and North Africa.

PMP Certified. He has experience in working side by side with developers to obtain the optimum result for the project by leading and coordinating multi-disciplinary and multi-cultural management & design teams.

From feasibility studies, to consultant selection, and design development in all its stages and all disciplines and specialties, cost control, planning, value engineering, procurement, contract management and up to construction supervision, commissioning handover and relations with authorities. Specialized in retail and mixed use projects with important experience in hospitality, commercial, residential, entertainment and even industrial developments in countries such as Spain, Qatar, Syria, Egypt, Lebanon, Libya, Morocco, Portugal, Holland, UK, Georgia, etc.

Some developers he worked with in the past are : Mall of Qatar-UCC (Qatar), PEO (Qatar), Emaar-IGO (UAE-Syria), Majid Al Futtaim (UAE), BENA Properties (Syria), Almana Group (Qatar), InterIKEA (Spain), ING Real Estate (Spain), BBVA (Spain – Portugal – Cuba), Metrovacesa (Spain – Portugal), Warner-Lusomundo (Spain – Portugal), Fadesa-Anjoca (Morocco), ESA (Spain-Germany), EADS (Spain)

Business/Assets Development Director

Oladimeji Olatunji-Audu

Oladimeji is a graduate of Lagos State University, Ojo, Lagos. He holds degrees in many fields including combined Social Sciences, (B.Ed.) Sociology of Education, (M.Ed); (M.Phil.). Prior to joining Grenadines Homes, he was with The Address Homes Limited, FBN Mortgages Limited and spent years in UK working in social healthcare sectors.

A strategic business leader who has worked extensively over the course of his career on
multiple real estate development projects across Lagos encompassing construction, project
management, real estate marketing and sales.

An astute real estate professional, strategist and educationist, he has a keen understanding of real estate investing principle, which has led to a 60% ROI on his projects. Highly passionate about incorporating intelligent design and aesthetics into building designs, Dimeji never compromises on quality and client satisfaction; at which time his expertise in project management, finance, and marketing stood him in good stead. He is also an expert in team building, employee motivation and performance management having spent time early in his professional life as a human resource executive. He has attended several trainings and workshops in Leadership, Project Management, strategy decision and risk

Corporate Service Director

Fanibuyan John

John Fanibuyan is a Professional accountant ( Chartered Accountant) with over 17 years cognate work experience and a demonstrated track record in accounting, finance, internal control & Audit and business management.

His experience cut across different business sectors raging from Manufacturing, Telecoms, Construction, Secured Prints, FCMG, Real Estate etc. He specializes in increasing efficiency and productivity through evaluation of financial management systems, implementation of innovative business process improvements, risk management and cost savings initiatives, Interdisciplinary approach to issues in line with corporate goals and objectives

Core Competencies include but not limited to Financial Management and Accounting.
Working Capital Management, Internal Control and Process Improvements, Risk Management.
Strategic Business Planning and Analysis, Budgeting and Budgetary Control, Cost Reduction and Project Cost Control. The last place he worked before Joining Palton Morgan Holding is Superflux International Limited. A secured Print company that specializes in production of Cheques for banks in Nigeria as Head, Internal Audit August 2014 to January2017.

Before becoming the Corporate service Director, he has worked at Palton Morgan Holdings as Head Internal Audit from February 2017 to December 2018, Head, Shared Services from January 2019 till July 2020. He is an alumnus of University of Ado Ekiti and Cambridge Judge Business School, University of Cambridge.

Chief Financial Officer

Akintola Ademola

Ademola is a seasoned professional with over 12year experience in Accounting and Finance. His experience spans from Banking, Insurance Brokerage, Private Equity, Pharmaceutical and Real Estate Industry. Ademola holds B.Sc in Accounting from University of Ado-Ekiti and Master of Science in Finance from University of Lagos. He is a chartered Accountant with 11years post qualification experience. He has attended both local and international trainings among which is Turning Strategy to Action from Lagos Business School, People and Organization Effectiveness from Judge Business School, University of Cambridge, U.K and Leadership Principle from Harvard Business School.

Chief Legal Officer

Oyelami Oluwasogo

Sogo Oyelami is the Chief Legal Officer at Palton Morgan Holdings Limited (a foremost real estate holding company). Prior to joining Palton Morgan Holdings, for a brief period he headed the In-House legal department of TY Holdings Limited (an investment company with interests in Oil and Gas, Real Estate, Shipping, Hospitality, Agriculture, and Financial services) and provided strategic support to the Managing Director. He was before then Lead Consultant at DIANOIA PLURIS (Corporate commercial law firm) based in Lagos

Nigeria. He has a Bachelor’s degree in Law from the Olabisi Onabanjo University and was called to the Nigerian bar in 2007. Sogo is an alumnus of Daystar Leadership Academy, having successfully undergone the Basic and Advanced Leadership Course. He subsequently completed the coursework for a Masters in Managerial Psychology at the University of Ibadan. He has since then attended numerous trainings, and professional courses at the Harvard Business School, Association of Certified Anti-Money Laundering Specialists (ACAMS), the Lagos Business School, and the CITN Tax Academy He had a short stint with the firm of NATH AGUNBIADE & CO between 2005 and 2006 where he undertook a brief period of legal internship. Upon his call to the Nigerian Bar he undertook the mandatory National Youth Service Corps Scheme with the LEGAL AID COUNCIL OF NIGERIA from 2007 to 2008 and thereafter practiced with the firms of CHIEF MAKANJUOLA ESAN (SAN) & CO. (Ibadan, Oyo), TINU AJANAKU & CO.

Chief Internal Auditor

Agbonifo Samuel

Agbonifoh Samuel is an astute professional with over fifteen years working experience from various organization before joining Palton Morgan Holdings. He is very versed in Internal Audit and Risk management. He also has experience in investment and portfolio management, insurance, pension fund administrators etc. He obtained Bachelor’s degree in accounting from Abia State University (1997-2001) and a Master of Business Administration from the prestigious Obafemi Awolowo University (2012- 2014)

His Professional Certification include: Associate Chartered Accountant (ACA)( 2006- 2008), Certified Risk and Compliance Management Professional (CRCMP) 2017, Certified Information System Risk and Compliance Professional (CISRCP) 2018.


Hakeem Bakare

Hakeem has worked in the sales and marketing department of Propertymart Real Estate Inv. Ltd since February 2009. He started as a sales officer then progressed to become a Regional Director in Grenadines Homes Ltd. Hakeem is currently specializing in business development, execution and the co-ordination of two subsidiaries.

Hakeem’s role is largely based around providing leadership and support to middle level management staff in the two subsidiaries with operations in northern region. This includes managing human, material and financial resources, strategy execution, business development, project management, creating strategic partnership and report analyses for decision making. Hakeem graduated from University of Lagos in 2008 with a BA (Ed) in Islamic Religious studies. He has also attended certification courses at Lagos and Harvard business schools.

Group Head, Customer Service

Adebambo Adeyemi

Adebambo is a poised and result oriented professional, great leader and a good team player with over 10 years’ experience in sales and customer relationship management. He holds a bachelor degree in Computer Science from Olabisi Onabanjo University Ago-Iwoye, certificate in Cisco Certified Network Associate and ITIL version 3 with his Masters of Business Administration in view.

He has over 10 years’ experience in sales and customer relationship management. He was recently promoted to the Group Head customer service/Handover for Palton Morgan Holdings Limited. Before becoming the Group head Customer service/Handover, he was the unit sales manager for Grenadines Homes, a member of Palton Morgan Holdings Limited. Other Multinational organizations where he has worked and left an inspiring result includes; Nestle Nigeria Plc, GNT Nigeria Limited, The First Group; Nigeria, Dubai, Kenya, Liberia and Ghana. He has attended several trainings and workshops which includes Sales/Closing Strategy (TFG University Dubai), Leadership Principles (Havard Business School).