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Home Companies Corporate Updates

LandWey’s resilience amid inflation, construction delays and client refunds

NM Partners by NM Partners
January 19, 2024
in Corporate Updates
LandWey’s resilience amid inflation, construction delays and client refunds
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LandWey Investment Limited, one of Nigeria’s leading residential developers, has found itself navigating through a perfect storm of economic challenges marked by inflation, construction delays, and the meticulous handling of client refunds due to ridiculous construction inflation in Nigerian.

In the face of a turbulent economic landscape characterized by inflationary pressures, LandWey demonstrates unparalleled resilience, standing tall as a beacon of stability within the Nigerian real estate sector.

Challenges Faced

The company has openly acknowledged the impact of inflation on its operations, affecting construction costs and project timelines.

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Despite meticulous planning, unforeseen delays have emerged, creating challenges in meeting initial project completion estimates.

Transparent Communication

Acknowledging the complexities faced, LandWey has maintained a policy of transparent communication with its clients.

In a recent statement, Olawale Ayilara, the Group CEO of LandWey, stated,

  • “We understand the concerns our valued clients may have and the inconveniences, and we are committed to keeping them informed every step of the way. Transparent communication is paramount in fostering trust during challenging times.”

Client-Centric Approach

One notable aspect of LandWey’s response has been its client-centric focus.been its client-centric focus. They halted their residential sale portfolio in May 2022, redirecting focus to ongoing constructions.

In cases where construction timelines were extended, the company proactively engaged with affected clients, outlining the reasons for the delays and offering solutions.

Refunds with Integrity

Amidst the storm, LandWey has set a commendable standard in handling client refunds. The company recognizes that delays in construction may not align with the plans of all clients.

As a result, it has initiated a streamlined process for refunds within a specific timeframe.

This step reflects LandWey’s unwavering commitment to prioritizing client satisfaction, even amidst the adversities faced in the market.

Shaping the Narrative

Facing economic headwinds, LandWey has taken proactive steps to shape the narrative, ensuring that clients and the public are well-informed.

By openly addressing challenges and presenting tangible solutions, and to maintain the trust it has built over the years.

Looking forward

As LandWey continues its journey through this economic storm, the company remains optimistic about the future.

With a commitment to resilience, transparency, and client satisfaction, LandWey stands firm, navigating challenges with the same dedication that has defined its reputation as a leading force in Nigeria’s real estate landscape.

In a final statement, Olawale Ayilara expressed gratitude for the understanding of LandWey’s clients, stating,

  • “We appreciate the trust our clients have placed in us, and we are steadfast in our commitment to delivering exceptional value, even in challenging times.”

LandWey’s story of resilience serves as a testament to the company’s unwavering dedication to excellence, even in the eye of the storm.


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Tags: Landwey
NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

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