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Globalis Targets Reform of Nigeria’s Luxury Real Estate Sector

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Globalis Targets Reform of Nigeria’s Luxury Real Estate Sector
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Globalis Real Estate Advisory and Strategy has announced plans to reform Nigeria’s luxury property market through a strategy-driven advisory approach.

The firm’s Chairman and Founder, Frank Oti, disclosed this during the Private Investor Forum 2026 held in Lagos over the weekend.

Oti said the company aims to guide investors, improve service standards, and introduce structured thinking into the high-end real estate segment. He noted that Globalis is focused on advisory and strategy rather than property sales.

According to him, the firm seeks to fill a gap in the market by providing high-net-worth individuals with the information needed to make informed investment decisions.

“We are not selling real estate. We are advisors and strategists, bringing sanity into the chaos of real estate in Lagos,” he said.

Oti added that the firm plans to introduce governance structures such as pre-purchase agreements and homeowners associations to ensure compliance with development rules and improve living standards in luxury communities.

Also speaking, Adeniji Adele, President of the International Real Estate Federation (Africa & Near East Region) and a partner at Globalis, said the initiative would help align Nigeria’s luxury real estate market with global best practices.

He noted that the focus is on delivering secure, high-return investments while maintaining discretion for investors.

The Lagos State Government also expressed support for the initiative. Representing Deputy Governor Kadiri Obafemi Hamzat, a government official said the state remains open to partnerships that promote sustainable investment and urban development.

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