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Reading: From energy to real estate…Folorunsho Alakija spreads wings to property sector
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From energy to real estate…Folorunsho Alakija spreads wings to property sector

October 9, 2016 7:40 pm
The Capital
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Folorunsho Alakija has expanded the frontiers of success by constantly challenging herself and beating her own records. Proceeding on the principle that only those who defy the odds can achieve the impossible, Alakija has pushed herself to the point of becoming one of Africa’s richest women.

What many do not know about Alakija is that she is a big player in the property and real estate sector in Nigeria. Having hit it big in the oil sector, she has invested a lot of her wealth in real estate in Nigeria and London. She also has investments in the Middle East. Right now, this pretty billionaire has built her dream home in Ikoyi, Lagos.

The street was formerly called Ikoyi Crescent. The dream house is being built by Julius Berger. So huge is the project that Julius Berger had to first build a mini-construction site before commencing work. The project is being handled by her property company, Dayspring Property Development, a construction company co-owned by her husband, Modupe Alakija. The construction is a three-floor residential building with a 16-floor tower beside it.

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