Prince Akintoye Adeoye: Championing affordable housing for Nigerians
Prince Akintoye Adeoye is the current President and Chairman of Council of the Real Estate Developers Association of Nigeria (REDAN), having assumed office as the 5th president in May 2024. He is a seasoned legal practitioner and property developer with over three decades of experience in real estate development, investment management, corporate governance, and legal practice within Nigeria’s real estate sector.
Personal and Professional Background
Prince Adeoye holds multiple academic and professional qualifications including B.Th., LL.B, LLM, BL, and executive programs such as OMP, CEP, AMP, and PSLC. He is skilled in negotiation, budgeting, business planning, sales, entrepreneurship, and mediation. Before becoming REDAN president, he served in various leadership roles within the association, including first deputy president, national general secretary, vice chairman, and chairman of REDAN South-West. He leads several organizations including Adeoye, Ademuwagun & Co., New Creation Properties Limited, and Wisdom Property Limited, and oversees WealthColony Investment Club LLP in the UK, focusing on sustainable financial freedom for investors.
Achievements as REDAN President
Since his investiture, Prince Adeoye has outlined a transformative agenda aimed at advancing Nigeria’s real estate sector through innovation, transparency, and professionalism. His administration emphasizes collaboration with federal and state governments, NGOs, and international bodies to drive land reforms, governance improvements, and affordable housing initiatives, including social and rental housing. He has committed REDAN to partner with government housing programs to address Nigeria’s housing deficit and promote wealth creation through a transparent real estate sector.
Under his leadership, REDAN is working to institutionalize and professionalize the association by advocating for a regulatory Act to reinforce its existence, self-regulation, and discipline within the industry. He also champions environmental, social, and governance (ESG) frameworks to ensure sustainable practices in real estate development. His tenure has seen a focus on creating platforms for members to access funding, grants, and resources, thus facilitating project development and expansion.
Vision and Values
Prince Adeoye’s vision centers on pushing positive change and advancement in the real estate industry by fostering collaboration, innovation, and ethical practices. He believes in building strong relationships with stakeholders and ensuring that the association’s goals are achieved inclusively. He has stated:
“Together, let us work towards a future where the Nigerian real estate sector is globally recognised for its innovation, transparency, integrity.”
“Our founders envisioned providing affordable housing for Nigerians, including social and rental housing. REDAN will partner with the government on its renewed hope housing initiative to provide affordable homes for Nigerians.”
“A regulatory Act is urgently needed to reinforce our existence, enhance self-regulation, and enforce discipline.”
He values professionalism, ethics, credibility, and discipline as pillars for the sector’s growth and sustainability. Prince Adeoye also advocates for supporting both foreign and local investors to unlock Nigeria’s real estate potential and curb fraud and corruption in the industry.
In summary, Prince Akintoye Adeoye is a visionary leader whose extensive legal and real estate expertise underpins his commitment to transforming Nigeria’s housing landscape through strategic partnerships, regulatory reforms, and sustainable development. His presidency at REDAN marks a new chapter focused on transparency, innovation, and inclusive growth in the Nigerian real estate sector.