REDAN and Sytemap join forces to digitise property transactions
The Real Estate Developers Association of Nigeria has entered a partnership with Sytemap Technologies Limited to digitise land and property transactions nationwide. The collaboration aims to improve transparency and trust in Nigeria’s real estate sector by integrating verified developers with a secure digital platform. Akintoye Adeoye, President of REDAN, highlighted the benefits for both buyers and institutional investors. The partnership is expected to simplify property verification and reduce fraud in the industry.
TLDR
- REDAN and Sytemap Technologies Limited signed an MoU to digitise real estate transactions across Nigeria.
- The partnership will connect REDAN’s network of developers with Sytemap’s digital infrastructure for property listing, verification, and mapping.
- Industry analysts estimate Nigeria loses over N36tn annually due to untitled and disputed land.
- Akintoye Adeoye said the digital platform will benefit buyers, developers, and investors by promoting trust and transparency.
- The agreement was signed by Ndifreke Ikokpu (Sytemap), Cholatte Odunlade‑Akeji (RightHOME), and Akintoye Adeoye (REDAN).
