Nigeria’s Housing Deficit Requires Top-notch Solutions—Mixta Africa

February 9, 2022
Mixta Africa

By Modupe Gbadeyanka

To bridge the huge housing deficit gap in Nigeria, top-notch solutions must be developed and they must be a win-win situation for consumers and investors.

This is the view of Mrs Sade Hughes, the Country Manager for Mixta Africa, one of Africa’s largest indigenous real estate companies.

Reflecting on the company’s sterling performance in 2021, the real estate expert remarked that the estimated housing deficit of over 17 million residential units in the country requires a robust strategy to tackle.

According to her, Mixta Africa is well-positioned to solve the issue, stating that successes recorded in countries where it operates are evidence of this.

She said the firm plans to introduce more revolutionary real estate solutions, including the construction of additional luxurious homes and then enlist mortgage finance schemes aimed at encouraging prospective homeownership.

“We are working round the clock to ensure more and more Nigerians own properties at the best of deals. Our purpose is to build communities and provide enough homes for different classes of Nigerians and Africans.

“Part of this strategy is our decision to develop more affordable houses and engage mortgage providers to make more Nigerians own homes with easy payment plans,” she disclosed.

On her part, the Head of Marketing, Ms Onome Umukoro, hinted that the company’s estate projects such as the Obudu Villas, Beechwood Park 1 & 2, Adiva Plots and Cove Lofts were all sold out in 2021, while Lakowe Heights, Marula Park, Expressview Estate in Abuja, Adiva Plainfields/new release, commercial plots and the Residence Goree located in Senegal are all currently selling and on high demand.

“Our vision is to deliver urbanized and modern cities across the continent of Africa and we have garnered appreciable milestones in our estate projects. Our company has successfully developed more than 13,500 residential and retail units across 8 countries on the continent.

“We are currently present in 8 countries across Africa with full operations in Nigeria, Senegal, Côte d’Ivoire, Morocco, and Tunisia but projects in Mauritania, Algeria and Egypt,” Ms Umukoro said.

She highlighted other achievements of the company, including the provision of affordable houses within the developing township programme tagged Lagos New Town.

“Lagos New Town is a development concept where we host some of our most notable products including Lakowe Lakes Golf and Country Estate, Beechwood Estate and Adiva Plainfields. The idea is to provide housing for a different cadre of homeowners with exquisite and luxurious aesthetics with comfort and convenience in mind,” she added.

Mixta Africa founded in 2005 by a group of brilliant and innovative minds has continued to blaze the trail in the real estate market, building sustainable communities across many African countries.

The company has been variously awarded Great Place to Work Silver, Best High-End-Real Estate Company awarded by African Property Investment Awards and Fastest Growing Real Estate Developer in Africa 2021 by Global Brands Magazine.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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