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Real Estate · Real Estate Partners

Residential Development

Development capital for a residential project delivered in phases by an experienced development partner.

75% funded

Open

Capital requirement

₦100,000,000

Minimum participation

₦1,000,000

Duration

24 months

Risk classification

Moderate–High

Overview

Development capital for a residential project delivered in phases by an experienced development partner.

Target economics: Target economics realised on completion and sale of units. Target economics are objectives, not guarantees.

Why this opportunity?

Housing demand in major urban corridors continues to outpace delivery, and phased development allows capital to be matched to construction milestones.

Use of capital

  • Construction and phased delivery
  • Materials and contractor payments
  • Approvals, professional fees and site works

Underlying asset / business

A titled development site and the residential units built on it. Economic value is generated on completion and sale of units.

Structure

Capital is deployed against construction milestones with disbursement conditional on independent verification of progress.

Partner

Real Estate Partners. The development partner is responsible for construction delivery, contractors and project management.

Risk

  • Construction delays and cost escalation.
  • Slower than expected sales or price softening.
  • Regulatory or approval delays.
  • Longer capital lock-up than projected.

This opportunity is not risk-free and no return is guaranteed. Capital may be lost.

Security

Project documentation sets out title, milestone controls and any additional security arrangements.

Fees

  • Structuring fee
  • Project monitoring fee