Finance

Nigeria’s LandWey gets 25% stake in rival Vistafront

Monday, 19 August 2019 16:24
Nigeria’s LandWey gets 25% stake in rival Vistafront

(Ecofin Agency) - Nigerian real estate company LandWey just took over 25% interest in the capital of Vistafront, an online platform for funding real estate projects. The amount of this operation is not disclosed.
“We are glad that with this partnership, we can fully support and encourage everyone to fund real estate projects,” said Olawale Ayilara, founder of LandWey. With support from assets manager Natchwey, Vistafront will use resources from this transaction to offer new project opportunities to its customers.
The flourishing real estate sector in Nigeria, like in most sub-Saharan African countries, requires huge investments and investors always expect great return on their money.
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