Want to Own a House but can’t fund it all by yourself?
Casafina Capital Limited has introduced a new platform to allow individual members to invest in and have fractional ownership of residential real estate properties in major areas of Lagos, Abuja and other major cities in Nigeria.
Casafina Capital Limited, Chief Operating Officer Dr. Olufemi Oluwaseyi revealed this at the official launch of One Square Meter in Lagos
Dr. Oluwaseyi said the company aims to help people achieve their dream of owning a house in these challenging times as well as increase the quantity of affordable residential property in the market.
People who join the platform will invest at least N250,000 to give them fractional ownership of the property they invested in. They will also be guaranteed rental of up to 25% annually on their investment as a result.
‘Insanity is doing the same thing over and over again and expecting a different result. That has been the case of most Nigerians as regards housing and investment. One of our goals is to find a lasting solution to real estate financing in Nigeria.’
He reiterated his optimism that One Square meter platform will transform the real estate industry in the country.
According to him, ‘With www.Onesqm.ng we have created an ideal platform to allow people easily invest in real estate properties of their choice.
‘We are passionate about this and we believe this can change Nigeria’s real estate for years to come.’
He also revealed that they partnered with Union Trustee so as to ensure that investors funds are judiciously appropriated, stressing that this will bring about credibility in the process.
Taiwo Oguntimehin, Head, Business Development, Union Trustee, speaking at the launch said that they will ensure they are accountable for all funds received and that investors’ funds are safe.
According to him, ‘As a Trust company, we will ensure that your money is safe, provide security and trust for prospective investors.
‘We will ensure that transparency and integrity are enthroned in the process so that obligations are met as at when due.’
The www.onesqm.ng project is a state-of-the-art online platform which enables interested parties to digitally select and invest in properties of their choice.