Sujimoto Plans 80 Projects Worth $10bn By 2030

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The Managing Director/Chief Executive Officer of Sujimoto Group, Sijibomi Ogundele, has disclosed his company’s plans to complete 80 malls, hotels and residences, with an estimated portfolio worth over $10bn by 2030.

Speaking in an interview with journalists, Ogundele stated that some of the projects to be completed in 2022 were located in Lagos, Abuja and Dubai.

“We are building six of the most audacious projects in the whole of Nigeria: The Lucrezia by Sujimoto in Banana Island; Leonardo in Banana Island; Giovanni in Ikoyi; The HQ in Ikoyi; The S-Hotel Ikoyi; Queen Amina by Sujimoto in Abuja and our Sujimoto tower in Dubai, a 44 story building,” he said.

According to Ogundele, the Sujimoto tower will be the first African tower in the middle of Dubai and the Middle East.

He expressed optimism that the tower would be officially launched in October 2021.

He also stated that the luxury residential tower project in Abuja would be the tallest residential building in the North.

The Sujimoto CEO added that the company planned to develop a new estate of 520 exceptional luxury villas, as well as a six-in-one mall in the heart of Ikoyi.

Ogundele said, “The coming years will be a very busy year for us at Sujimoto. Sujimoto is divesting from residential projects with 80 per cent of our real estate interest into commercial projects and there are three major projects in the pipeline already.”

-Punch

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