Damilola Ajayi

Damilola Ajayi

Estate Surveyor (Industrial Trainee)

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location of Damilola AjayiNigeria

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  • Timeline

  • About me

    Corporate Real Estate | Asset Management | Portfolio Optimisation

  • Education

    • Covenant University

      2009 - 2014
      Bachelor of Science (BSc) Estate Management Second class: upper division (4.20 CGPA)

      Activities and Societies: Mehn Art 2nd runner up for best graduating student - Estate management (2014)Best student Estate Management (2010)

    • University of Glasgow

      2015 - 2016
      Master of Science (MSc) International Real Estate and Management

      I studied International Real Estate and Management and was exposed to;- Valuation,- Project management- Development Economics- Real estate markets, - Development process- Advanced real estate valuation- Real estate finance and investment- Strategic real estate, - International real estate analysis- Professional Practice and Ethics.

    • The London School of Economics and Political Science (LSE)

      2022 - 2023
      Cert. Real Estate Economics and Finance Real Estate Economics and Finance
  • Experience

    • Rotimi Fagbemi & Co

      Feb 2013 - Aug 2013
      Estate Surveyor (Industrial Trainee)

      6 months internship program.

    • PaulOsaji & Co

      Sept 2016 - Nov 2016
      Project Management Intern

      Construction- Supervised artisans to ensure fit-out works were delivered correctly and on time.- Identified fit-out anomalies to ensure adequate corrective measures were taken.- Undertook ground levelling as preliminary work for road construction.- Monitored construction progress, prepared progress reports and held regular meetings with project manager on a weekly basis.- Raised necessary requisitions for site equipment and materials

    • Rotimi Fagbemi & Co.

      Jan 2017 - Jun 2017
      Graduate Surveyor

      Valuation- Engaged Clients to understand valuation briefs.- Conducted site inspection, carried out necessary measurements in order to gather relevant information.- Sourced relevant data and conducted market research used for valuation analysis- Carried out valuation calculations and computation using relevant tools and software- Effectively compiled and wrote valuation reports whilst providing recommendation on an opinion of value- Organised meetings with Stakeholders and Clients to discuss findings.Property Leasing - Prospected new leases for vacant properties- Conducted site inspection with prospective tenants- Negotiated rates, facilitate payments and signing of lease agreements. Property Management- Issued rent reminders and notices- Ensured rents were collected on time and in full.- Attended to tenant complaints and relayed information to the relevant team to mitigate Show less

    • Broll Property Group (Pty) Ltd

      Jul 2017 - Feb 2020
      Real Estate Broker

      Clients: RMB Westport, Actis, Investec (Lango Real Estate)Property Leasing- Prospects new leases and seek opportunities to increase existing ones- Develop Clients relationship both on the Occupier and Landlord side- Tracks broking deals through the closure and finalises to lease agreements. - Negotiates rates, facilitate payments and signing of contracts.- Develop leasing strategies to achieve Clients requirements for each project.- Meets established quotas and revenue goals by ensuring services are delivered on time. - Conducts site inspections and measurement with stakeholders.- Follow up on market leads, forecasts deals on a monthly basis and communicates related information- Prepares reports and holds regular meetings with property owners to provide feedback on the status of projects and deals. Market Research and Development Process- Work closely with developers and real estate investment companies on the market's requirement for new developments.- Advise developers on project sizing, design and location- Conducts market research for new developments- Sets rentals through market knowledge and competitive analysis - Frame strategies by thinking innovatively on new projects Show less

    • Cushman & Wakefield | BROLL

      Mar 2020 - May 2023
      Senior Asset Manager - PZ Cussons Real Estate Portfolio (Nigeria)

      Portfolio Optimisation • Assess client’s portfolio to ensure pool of assets align with core company’s goals and objectives• Regear disused properties and convert them to income generating assets.• Optimize portfolio to reduce client’s liabilities to a minimum• Conduct investment grade analysis (modeling) to aid clients in making informed real estate decisionsProperty Leasing• Prospects new leases and seek opportunities to increase existing ones across multiple states• Tracks broking deals through to closure. • Negotiates rates, facilitate payments and signing of contracts.• Develop leasing strategies to achieve Clients requirements for each project.• Meets established quotas and revenue goals by ensuring services are delivered on time. Property Management• Improve business relationship relationship between Occupiers and Landlords • Manage tenant complaints on behalf of the Landlord• Ensure all legal documents are duly endorsed and addendums are drafted to keep them up to date• Keep abreast of the regulatory changes to ensure client adheres to required standards.• Track tenancies to reduce the possibility of monetary arrears• Conduct rental review periodically to edge properties against inflation• Work closely with the legal team to ensure leases are drafted correctly and legal matters are handled efficiently and in a timely manner.Property Disposal• Develop sales strategies to achieve Clients requirements• Lead the development of marketing materials to aid effective marketing of the project through property tech and conventional marketing platforms• Interface with brokers, corporate clients and HNIs to determine interest in property• Provide weekly and monthly feedback to client on status of their property.• Interface with risk and compliance team to conduct due diligence on prospective buyers• Conduct negotiations to ensure client’s minimum acceptable offer is achieved Market Research Show less

    • CBRE Excellerate

      Jun 2023 - now
      Senior Account Manager
  • Licenses & Certifications

    • Project+

      CompTIA
      Jun 2012
    • (MB) Professional Ethics for RICS Members

      RICS
      Sept 2019
  • Honors & Awards

    • Awarded to Damilola Ajayi
      Second Class Upper Division Covenant University Jul 2015
    • Awarded to Damilola Ajayi
      WAEC West Africa Education Council Jul 2009
  • Volunteer Experience

    • Volunteer

      Issued by Lagos State Rehabiliation and Training Center, Majidun on Jun 2014
      Lagos State Rehabiliation and Training Center, MajidunAssociated with Damilola Ajayi