Renowned economist, Professor Patrick Utomi, has harped on the importance of sustainable living to foster the growth of real estate projects in urban areas.
He spoke during the launch of Greenland by Pertinence in the Yegunda Zone of Ibeju-Lekki, Lagos.
Addressing a diverse audience of investors, homeowners, and other real estate stakeholders, Prof. Utomi emphasized the significance of incorporating sustainable practices into everyday life.
“Today, we stand at a critical juncture where our actions as individuals and communities profoundly impact the health of our planet. Projects like Greenland serve as exemplars of how sustainable living can be seamlessly integrated into our built environment,” remarked Utomi
The Greenland project, designed as an eco-friendly hub, is launching at a time when there is a growing awareness among consumers about the environmental impact of real estate development, leading to increased demand for sustainable homes, eco-friendly communities, and green building practices.
Utomi, who not only graced the event but also demonstrated his confidence in the project by purchasing a plot of land within the estate, commended the developers as well as the project’s commitment to shaping a greener and more sustainable urban landscape in Nigeria’s bustling metropolis.
He said: “Imagination is the very beginning of everything. Once you have a good imagination, you can translate it into all kinds of innovation.
“Here we are in a place soon to be the very centre of the economic hub of Lagos, and it (Greenland) is a place where you can live a serene life right in the middle of it all. It takes imagination to conceptualise this, and it takes effort and creativity to bring it alive.
“I think in a few years when you come to this area, you may not be able to recognise it. With the way this industrial hub is evolving, I think that when you come, you will see an enormous commercial development but then you will see a getaway place in Greenland, and that is what is thrilling about it all.
“I’m very proud that the Pertinence team has been able to do this, and I’m looking forward to being a part of this community someday in the future.”
Utomi went on to project a significant surge in land prices in the Ibeju-Lekki area over the next decade, highlighting the potential for substantial capital appreciation for early investors of the estate.
At the launch, co-founders of Pertinence Group, Dr Sunday Olorunsheyi, and Mr Wisdom Ezekiel, also delivered inspiring speeches, extolling the virtues of Greenland and highlighting its unparalleled features that promise a healthy and sustainable lifestyle for residents.
The landed property project is expected to be powered only by renewable energy sources, with over 400 trees to be planted across the estate. Despite its nearness to the proposed Lekki International Airport, the project is designed to minimise air and noise pollution to achieve serenity and comfort for residents.
Other dignitaries that graced the occasion were movie producer and actress, Mrs Moyinoluwa Olutayo, who gave the welcome address as a member of the board of directors, Pertinence Group; as well as highly talented and versatile Nigerian movie actor, producer, and director, Mr. Lanre Afod, who joined in the planting of trees within the estate.
