Firms To Watch: Real estate and construction

The New Practice (TNP)'s team, which is jointly led by Bukola Bankole and managing partner Baba Alokolaro, has solid expertise in handling large-scale infrastructure development projects.

Firms in the Spotlight Real estate and construction

Adeola Oyinlade & Co

Adeola Oyinlade & Co logo

Adeola Oyinlade & Co. is a full-service law firm headquartered in Lagos, Nigeria. The firm offers a variety of legal services to a vast range of national and foreign clients.

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Real estate and construction in Nigeria

Banwo & Ighodalo

Under the leadership of Olumide Osundolire and Olamide Oshikoya, the team at Banwo & Ighodalo is highly regarded for its expertise in advising on real estate-related regulatory work, as well as assisting clients with obtaining building permits and licenses. Stella Duru is very experienced in advising on project development and infrastructure transactions, and Charles Akindileni handles project finance matters.

Practice head(s):

Olumide Osundolire; Olamide Oshikoya


Other key lawyers:

Stella Duru; Charles Akindileni


Key clients

Sunbeth Global Concepts Limited


Hasseman Resources Limited


Ocean City Lagos Limited


Edo State Government


Family Homes Funds Limited


Capital Alliance Nigeria Limited


UPDC Plc


Mantrac Nigeria Limited


Everty Nigeria Limited


Mota-Engil Engenharia E Construção Africa, S.A


Kaduna State Government


Grenadines Homes Limited


Corona Schools Trust Council


Palton Morgan Holdings


AXA OneHealth Limited


Cummins West Africa Limited


Blackcountry Farms Limited


Work highlights


  • Advising Ocean City Lagos Limited on its proposed development of a smart, green and self-sustaining city.
  • Advising Edo State Government on the development and construction of two Truck Transit Parks.
  • Advising Sunbeth Global Concepts Limited on the acquisition of land for establishing one of the largest cocoa, cashew and sesame seed processing plants in Nigeria.

G. Elias & Co

G. Elias & Co is active in real estate development and construction matters in the healthcare, hospitality, and telecoms sectors, and has an excellent reputation for handling international arbitration cases arising from major projects. Gbolahan Elias is well versed in representing clients from the transport sector in mandates, with established strength in advising on prominent rail maintenance and operation matters. Fidelis Adewole has been kept busy advising on mixed-use property transactions. Okechukwu Okoro, Japhet EnehOluwafunmilayo Mayowa and Kuburat Abubakar are notable practitioners.

Practice head(s):

Gbolahan Elias; Fidelis Adewole; Okechukwu Okoro


Other key lawyers:

Japhet Eneh; Oluwafunmilayo Mayowa; Kuburat Abubakar; Lolia Biobele-Georgewill


Testimonials

‘Client service is excellent. The team is very attentive and brings its experience and knowledge to every scenario.’

‘Strategic thinking about our project and how to ensure we are fully protected legally.’

‘Attention to detail.’

‘An amazing team of talented and innovative professionals.’

‘Clear knowledge of the law.’

‘A prompt, active, and diverse team.’

‘Very responsive.’

‘Gbolahan Elias and Japhet Eneh have been top notch.’

Key clients

IASO Medipark Limited


Infrastructure Credit Guarantee Company Limited


New Cruise Development Company


African Export-Import Bank


Triwood Paper Mills Nigeria Limited


Daraju Industries Limited


Family Homes Fund


Work highlights


  • Advising the IASO Consortium on the concession for the development of an ultra-modern Medical Centre (“Medipark”).
  • Advising Paragon Holdings Limited on the development of thirty hectares of land in Lagos under a joint venture structure.
  • Advising the Lagos State Government and Lagos Metropolitan Area Transport Authority on the development and construction of the 37km metro railway line.

Olajide Oyewole LLP

Olajide Oyewole LLP has a solid track record in handling energy and PPP projects. Litigation expert Abutu Odu is equally strong in assisting clients with property acquisitions and financing matters, and Solape Peters is a key contact for advising on construction and engineering contracts. Dayo Idowu, who heads the firm's projects and finance practice, is a key member of the group. Other notable practitioners include Ismaila Shaib Usman, Oluwatomi Etomi, and Joel Nyot.

Practice head(s):

Solape Peters; Abutu Odu; Dayo Idowu


Other key lawyers:

Oluwatomi Etomi; Joel Nyot; Ismaila Shaib Usman


Testimonials

‘Olajide Oyewole LLP prioritises its clients’ needs and desires. The team has consistently demonstrated its commitment to providing clarification and assistance on legal issues.’

‘The firm’s unique strength lies in its people, from senior partners to associates, who ensure seamless and valuable interactions with clients.’

‘Its reliability and intelligence makes them invaluable to us. Abutu Odu provided effective legal support.’

Key clients

Mainstream Energy Solutions Limited


Lagos Metropolitan Area Transportation Authority


Cappa and D’Alberto Limited


Buildisa Construction Limited


Bluedoor Properties Limited


Bluebell Lane Limited


Badagry Port Development Limited


First World Communities Limited (C-City Development Limited/Urban Housing Cooperative)


Work highlights


  • Advised the Lagos Metropolitan Area Transport Authority (LAMATA) on the development of the Blue and Red line light rail metro.
  • Advised Mainstream Energy Solutions Limited on a $7,600,000 early works contract for the repair of its underwater spillway channel and its entities.
  • Advised Mainstream Energy Solutions Limited on the machining of the 1G9 Upper shaft and thrust collar at the Kainji hydro power plant.

Abdulai, Taiwo & Co

Abdulai, Taiwo & Co’s broad real estate and construction offering includes advising on construction, development, leasing, investment, and transactional matters. PPP work is another core area of instruction for the group. The practice is jointly led by Seyi Adebayo and Samuel Ibrahim, who handle real estate securitisation and property litigation respectively. Alayo Ogunbiyi is highly regarded for her expertise in project finance.

Practice head(s):

Seyi Adebayo; Samuel Ibrahim


 


Other key lawyers:

Alayo Ogunbiyi; Fisayo Tifase; Busola Awobona; Aishat Folorunso


Key clients

Pernix Federal, Inc.


Federal Govt. of Nigeria


Debt Management Office


B.L Harbert Contractors, LLC.


Ikoyi Hotels Ltd.


Shelter Afrique


Federal Mortgage Bank


Shonny Investment & Properties Co. Ltd.


CRCC Construction Co. Ltd.


CRCC Investments Group Co. Ltd


Federal Ministry of Aviation


Agbara Estates Ltd.


Value Homes Signature Investment Nigeria Ltd.


Marina Quayside Development Co. Ltd.


La Terre Batiment Ltd.


FGN Roads Sukuk Company Plc


Work highlights


  • Assisted the Debt Management Office (DMO) with a financing matter for the purpose of building roads and infrastructure.
  • Advised Pernix Federal, Inc and its local subsidiaries on the USD 537 Million construction of a new U.S. Consular Office in Eko Atlantic City, Lagos.

ALN Nigeria | Aluko & Oyebode

ALN Nigeria | Aluko & Oyebode garners praise for providing 'commercially oriented advice' on construction contracts, infrastructure projects, and PPP matters, and is also noted for working in conjunction with the firm’s dispute resolution team when instructed in construction arbitration. Babatunde Fagbohunlu is an expert in commercial litigation; Oghogho Makinde is a key name for infrastructure financing matters; and Ozioma Agu often handles cross-border project finance transactions. Ngo-Martins Okonmah has 'deep insight in construction-related matters'. Joke Aliu is the key figure in the Abuja office, and project finance expert Oludare Senbore leads the firm’s power department.

Practice head(s):

Babatunde Fagbohunlu; Oghogho Makinde; Oludare Senbore; Joke Aliu; Ngo-Martins Okonmah


Other key lawyers:

Ozioma Agu; Dindam Killi; Olagoke Kuye


Testimonials

‘The firm delivers the best commercially oriented advice which is tailor-made to resolve complex issues in field development programs.’

‘Ngo-Martins Okonmah possess a razor-sharp mind and deep insight in construction related matters.’

 

Key clients

China Development Bank


Anjeed Kafanchan Solar Limited


MTN Nigeria Communications Ltd


China Civil Engineering Construction Corporation (CCECC) NigeriaLimited


Nile University of Nigeria


Nigerian Agip Oil Company Limited


Work highlights


  • Acted as Nigerian counsel to China Development Bank regarding the financing for the construction of the Lekki Deep Sea Port, Nigeria’s first deep seaport.
  • Acted as Nigerian legal counsel to CCECC Nigeria Limited concerning the proposed design, development, construction, operation and maintenance of the Lagos State 4th Mainland Bridge.
  • Advised Anjeed Kafanchan Solar Limited on the development of a 100MW Utility Scale On-Grid photovoltaic solar plant licensed by the Nigerian Electricity Regulatory Commission.

Bloomfield LP

The team at Bloomfield LP is well known for its extensive expertise in project development and finance matters, often handling real estate transactions, and is regularly instructed in work involving hotels and shopping malls. The practice is jointly led by Adedoyin Afun and Ayodele Oni; Afun fields expertise in real estate litigation and commercial and residential development matters. Michael Abiiba is very experienced in handling leases and asset acquisitions, and also advises on foreign investments, which is a key area of instruction for Ebele Folorunsho.

Practice head(s):

Adedoyin Afun; Ayodele Oni


Other key lawyers:

Michael Abiiba; Ebele Folorunsho


Key clients

Hospitality Inboard Court


Soname Cancer Centre Ltd/Gte


Remo Stars FC Limited


C24 Limited


Kuker Holdings Limited


KDSL Property Development Limited


Façade Solutions Construction & Design Limited


Cruxstone Development and Investment


Work highlights


  • Advised Kuker Holdings Limited on the procurement of expansion financing for Price Pointe Wholesale Club.
  • Advised KDSL Property Development Limited on the development of a 300 unit affordable housing residential estate in Kuje.
  • Advised Cruxstone Development and Investment Limited on the development, financing, and selection of an operator for a 4-star 80 Room Apart-Hotel in Victoria Island Lagos.

Jackson, Etti & Edu

The 'very diligent' team at Jackson, Etti & Edu has established strength in advising on project finance work, and often assists corporate entities with PPP matters. Practice head Taiwo Adeshina brings over two decades of experience in property law matters, and is often instructed in property litigation, financing matters and lease issues. Richmond Idaeho is well versed in handling real estate transactions. Lookman Durosinmi-Etti and Joshua Moses are also singled out for their contributions.

Practice head(s):

Taiwo Adeshina


Other key lawyers:

Lookman Durosinmi-Etti; Richmond Idaeho; Joshua Moses


Testimonials

‘A very diligent and thorough professional service. The  team is patient and takes the time to explain the issues and your options.’

‘The team follows up on matters, and makes us feel comfortable.’

Key clients

Orange Island Development Company Limited


Standard Chartered Bank


FABAC Properties Limited


TGF Real Estate Limited


Fred Coker


OMSA Pillar Astex Company Limited (OPAC)


Sony Music Publishing


GreenElec Integrated Power Solutions


Cash & Carry


Fairways & Greens


POC Nigeria Limited


AM Hotels Limited


Helios Investment Partners Representative Office Nigeria Ltd


BPL Nigeria Limited


Energia Limited


Work highlights


  • Advised Orange Island Development Company Limited on a PPP with the Lagos State Government.
  • Advising OMSA Pillar Astex Company Limited (“OPAC”) on the construction and operation of a 10,000BPD modular refinery.
  • Advised Stanbic IBTC Infrastructure Fund in a N12 billion senior term loan facility granted to AP LPG Limited for the construction of a 20,000MT mixed liquefied petroleum gas storage terminal.

Olaniwun Ajayi LP

Olaniwun Ajayi LP's practice is well-regarded for its expertise in transactional real estate and construction matters. Wolemi Esan is sought after for advising on infrastructure development matters, and Ibi Ogunbiyi is noted for her expertise in assisting with greenfield and brownfield projects. Abisola Odeinde and Chinenye Ajayi specialise in project finance work. Ganiyat Seriki is a key member of the group.

Practice head(s):

Wolemi Esan; Ibi Ogunbiyi; Abisola Odeinde; Chinenye Ajayi


Other key lawyers:

Ganiyat Seriki


Testimonials

‘Olaniwun Ajayi is the go-to law firm on issues relating to construction and infrastructure. The team has been very supportive in terms of drafting and reviewing our construction contracts. We are very pleased with its services.’

‘The practice at Olaniwun Ajayi LP is very robust. The team offers intelligent opinions and comes up with creative and practical solutions.’

‘Very responsive, accessible, and intelligent.’

Key clients

Osborne Properties and Investment Limited


Lagos State Government


First Global Commerce Solutions


Kasada GP Limited


Infrastructure Credit Guarantee Company Ltd


FGN Power Company Limited


ECOF Kaduna Limited


Work highlights


  • Advising the Lagos State Government on all legal issues relating to a 38km fourth mainland bridge.
  • Advising First Metro Infrastructure Limited and First Global Commerce Solutions on all legal matters pertaining to a 30km light rail project.
  • Advising Consortium Nigeria Future Airports in connection with the proposed concession of international airport and cargo terminals in Abuja and Kano.

Udo Udoma & Belo-Osagie

The practice at Udo Udoma & Belo-Osagie stands out for providing a client base of developers, investors and government entities with 'excellent support'. Department head Aniekan Ukpanah has established expertise in advising on infrastructure project financing matters. Ekundayo Onajobi is well versed in handling land acquisitions, and Ifunanya Nwafor and Ikenna Edeh are very experienced in assisting with real estate transactions.

Practice head(s):

Aniekan Ukpanah


Other key lawyers:

Ekundayo Onajobi; Ifunanya Nwafor; Ikenna Edeh; Ozofu Latunde Ogiemudia; Adeola Sunmola


Testimonials

‘The team understands the peculiarity of any particular legal subject, and it always strives to exceed expectations. ’

‘The team offers excellent support promptly under extreme pressure.’

Key clients

British American Tobacco Marketing


Mediterranean Shipping Company


First Concepts & Properties Limited


Niger Classic Investment


Marriott International Inc


Schlumberger Nigeria Limited


Work highlights


  • Advised Castalia Advisor on legal matters pertaining to a low cost energy efficient housing scheme.
  • Assisted Schlumberger with negotiations, due diligence, and leasing of 11 apartments at Empire Court, Ikoyi, Lagos.
  • Advised FCPL on various lease arrangements relating to the Heritage Place building.