In a bid to lift capital to sort out the nation’s rising housing deficit, Landbrick Properties and Funding Restricted has introduced plans to record on the Nigerian Trade Restricted (NGX).
Femi Austine, the managing director of Landbrick Properties stated the itemizing on NGX is with the goal of enhancing its visibility and credibility within the Nigerian capital market.
“An inventory on the NGX would give us entry to a wider pool of traders and lift capital to help our progress plans. The corporate is increasing its operations into new markets and creating new actual property tasks,” Austine stated.
“We stay steadfast in our willpower to foster sustainable financial progress, create alternatives, and empower communities throughout Nigeria,” he added.
Austine stated listed firms are topic to stricter regulatory necessities, which may also help to enhance their transparency and accountability.
“We got down to make a major influence in the true property panorama of Nigeria, and I’m proud to say that we’ve got made outstanding strides in the direction of attaining this function,” Austine stated.
He acknowledged that the true property business continues to be essentially the most worthwhile funding choice for traders whereas advising people and firms to faucet alternatives within the business.
“One in every of our tasks, Belmont Park beside Pan Atlantic College in Ibeju Lekki, is a large challenge which Nigerians ought to sit up for,” he added