Kennedy Nnadi, managing director/CEO, Pennek Nigeria Limited, is in charge of one of the top ranking real estate companies in Nigeria. He started the company with an equivalent of about $2,000 in 2013 – which has fast-forwarded to an entity with several residential estates in Lagos, Owerri, Awka, Enugu and Abuja.
The company focuses on the development, management and investment in real estate properties. Nnadi has built an active team that fires the growth functions with which he drives his company’s vision of becoming Nigeria’s leading real estate firm with expertise in nation building.
Housing development is an expensive endeavour not just in Nigeria but anywhere in the world. Pennek’s intervention has however made it affordable. This is achieved through a flexible payment plan that puts the company’s expertise in the business and subscribers’ funds at work.
The result is that Pennek Nigeria has made a great impact in providing affordable accommodations and investment solutions to the Nigerian public. The company has attained landmarks of recognition in the real estate industry with its provision of smart luxury homes that are affordable to the average and middle income earners.
Nnadi has over a decade of experience in entrepreneurship in Nigeria cutting across real estate, investment, oil and gas and importation. This is further to an equally diversified educational background.
He studied soil science at the Federal University of Technology, Owerri where he graduated with an outstanding academic record. He worked the National Commission for Museums and Monuments where he was later promoted to an Associate Pedologist because of his remarkable contributions.
He also attended the Lagos Business School and Strathmore Business School, Kenya. He is currently undergoing an Executive Management Programme at the Harvard Business School in Boston, USA. Nnadi has put his wide exposure in business together in real estate development to create a process of making home ownership a reality at income levels where it is otherwise elusive.
The innovative approaches have attracted recognitions of the company’s outstanding role in the development of investment products in the real estate industry. Its effectiveness in channeling the pool of funds into property development has earned the company accolades in real estate development.
Pennek Nigeria has also excelled in the business in the area of making luxury housing facilities affordable. It won the African Brand Leadership Merit award as Africa’s best world class premium real estate development & investment company of the year 2017. It also earned the mark as the best home makers/providers 2019.
Nnadi has made his mark in the fields of management and auctioneering as active members of Nigerian Institute of Management and the Chartered Institute of Auctioneers of Nigeria. His wealth of knowledge and experience in business extends to more than five company operations where he sits on the board.
His extraordinary achievements as an accomplished entrepreneur earned him the opportunity of being one of the young entrepreneurs named the star performers under the federal government’s Youth Entrepreneurship Strategy in 2015. He is also one of the Africans that made it to the pioneer Obama foundation summit in Chicago.