Fintech
Rock Realty Breaks Ground on Diaspora Cities – a Mega Project in Nigeria
Abuja, Nigeria–(Newsfile Corp. – March 14, 2023) –
Ibukun Adebayo, CEO and Founder of Rock Realty
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“It is the same challenge with Nigerians in Diaspora who want to buy homes back in Nigeria,” said Ibukun Adebayo, CEO and Founder of Rock Reality. “If we can unlock significant financing into the mortgage sector, particularly if we can do foreign financing against USD-denominated diaspora mortgages, we would open up the middle-income market significantly, and that is a massive market in Nigeria.”
The company currently has striking projects in construction, two in Lagos, and one in Ibadan. The current total project pipeline is 300 residential units. The ones in Lagos are called the Bold Living Apartments series. The Concept of the Bold Living Apartment is that middle-income earners need to get bold and get on the homeownership ladder. Bold Living One comprises beautifully designed apartments on four floors located on Alpha Beach road, Lekki.
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