About Us

Wemabod

Wemabod Limited was Incorporated in September 1962 as a wholly owned subsidiary of National Bank of Nigeria Limited. Nabani Estates Limited was later sold to Western Nigeria Marketing Board where the name Wemabod was derived. At the incorporation of Odua Investment Company Limited, in 1976, Wemabod effectively became a subsidiary of Odua, and took over management of Odua’s Real Estate assets valued at over 60 Billion Naira. Wemabod Limited is a leading real estate and property development company. In business operations for over six-decades now, the firm holds a cumulative Real Estate portfolio of properties valued to be more than 100 Billion Naira; consisting a mix of commercial, industrial, and residential properties across several cities in Nigeria.

Share Capital

The authorized share capital is 35,000,000 ordinary shares of N1.00 each out of which 26,015,434 ordinary shares of N1.00 each is fully paid. Odua is the major shareholder of the company..

Vision

To be the flagship real estate solution provider with exceptional customer service and profitability in our chosen sectors

Mission

To be a first-class customer-focused real estate company geared towards consistent growth and maximum returns to our shareholders

Our journey

From Property Management to Property Development

Our story is one of evolution and growth, transitioning from property management to property development and the establishment of Westlink Facility Management Limited as a subsidiary. Wemabod has spearheaded several notable projects, including:

Luxury Residential Estate at Ikoyi Crescent, Lagos:

A premier residential development offering luxurious living spaces.

Remodeling of Unity House, Marina:

Transformed into luxury mixed-use apartments, enhancing the urban living experience.

Serenity Estate along Lekki/Epe Expressway:

A modern residential development providing a serene and comfortable living.

Remodeling of Development House

Transformed into 58 luxury 2 & 3 bedroom apartments, enhancing the urban living experience.

Our asset

Our asset and property portfolio has seen substantial growth, achieving an A- rating from Agusto & Co. This rating reflects our robust operating cash flows, stable earnings, and a strong occupancy rate of nearly 90% across our diverse property portfolio. Our diversified income stream and innovative project financing strategies have been pivotal in our sustained revenue growth and low leverage.

Our Core Values

Customer Focus

Passion For What We Do

Commitment To Excellence

Integrity

Team Work

Respect For Time

Our Services

Property management

Let’s help you maximize the value of your residential, commercial, and industrial property through expert management.

Property Development

Innovative development projects that enhance urban and regional landscapes.

Project Management

End-to-end project management services for real estate developments.

Real Estate Brokerage

Facilitating property transactions with expertise and integrity.

Feasibility and Viability Studies

In-depth analysis and studies to assess the feasibility and viability of real estate projects and properties.

Third-Party Property and Development Management

Professional management of properties and development projects on behalf of third parties.

About Us

The Leading Real Estate Rental Marketplace.

Complete 24/7 Security
Smart Home Design
Beautiful Scene Around
Exceptional Lifestyle

The authorized share capital is 35,000,000 ordinary shares of N1.00 each out of which 26,015,434 ordinary shares of N1.00 each is fully paid. Odu’a Investment Company Ltd is the owner of the company.

Projects

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Total property managed

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Asset based

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Testimonial

Clients Feedback

've been a tenant with Wemabod Limited for over a decade now, and I can confidently say they are the best real estate solutions provider in Nigeria. Their properties are well-maintained, and they always respond promptly to any issues or concerns we have. I feel safe and comfortable having office space in Western House, and the location of their properties is always convenient. If you're looking for a reliable and trustworthy real estate company, I highly recommend Wemabod.

K. Kareem

A satisfied long-term tenant

Wemabod Limited made house search incredibly easy and stress-free. Their website was user-friendly, and I could easily browse through available properties and even schedule virtual tours. The property Managers were friendly and knowledgeable, patiently answering all my questions. I moved into one of their apartments in Ikoyi, and it's been a fantastic experience so far. If you're in search of a home, don't think twice - Wemabod is the right choice for your housing needs.

Ms. Ogunubi

While searching for a new place to live in Lagos, I came across several real estate companies, but Wemabod stood out. Their reputation for standing the test of time preceded them. I decided to visit one of their properties in Ikoyi, and I was impressed by the well-designed and spacious apartments. The leasing process was smooth, and their staff was accommodating throughout. I've been living here for a few months now, and I couldn't be happier with my decision to choose Wemabod. They truly deliver on their promises, and I feel lucky to be their tenant

A new tenant who recently moved in

After relocating to Lagos for work, finding a suitable apartment was tasking. Thankfully, I discovered Wemabod Limited. From the moment I reached out to them, their team was attentive and listened to my requirements. They offered me various options that fit my budget and needs. The property I eventually rented in Apapa is fantastic - modern, secure, and with great amenities. I feel like Wemabod genuinely cares about its tenants, and they've made my transition to a new city much smoother. I highly recommend Wemabod to anyone looking for a hassle-free and enjoyable living experience.

Mr. Babatunde Apapa Lagos

About Us

Our Story

The Company, Wemabod Estates Limited (WEL), now known as Wemabod Limited was formerly known as Nabani Estates Limited. Incorporated in September 1962 as a wholly owned subsidiary of National Bank of Nigeria Limited. Nabani Estates Limited was later sold to Western Nigeria Marketing Board where the name Wemabod was derived. At the incorporation of Odu’a Investment Company Limited, in 1976, Wemabod effectively became a subsidiary of Odu’a.

Wemabod Limited is one of the largest property companies in Nigeria with a wide range of commercial, industrial and residential properties in its portfolio.

About us