Nigeria launches a new real estate platform
Nigeria has launched a platform that allows individuals to invest in property and earn returns from capital. The name Platformn is named Coreum
In the past days, Coreum will release more real estate investments, regardless of age and economic situation.
The platform will deal not only with housing investments, but also with land and commercial real estate investments. The platform will serve each individual’s financial ability and goals.
“I tried to purchase land in a choice area in Lagos State but couldn’t because my savings at the time as a salary earner weren’t sufficient. After critically analysing the possibility of saving more, I realised it might be impossible to still get the property as real estate prices appreciate over time,” said Coreum co-founder Oluwafunsho Awoniyi.
“After speaking with a few friends, we thought of the possibility of coming together to co-invest in properties and make returns over time but we had to put a legal framework behind how this will work. We have spent the past year putting the legal framework and structure together, not just for our benefit but for people like us who would like to co-invest in real estate.”
Platform has partnered with FBN Quest Trustees. The purpose of the partnership is to ensure transparency and accountability.
Sevdenur Demir / [email protected]realestatecoulisse.com