• Sunday, December 03, 2023
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3Invest to launch real estate investors network at forum


3Invest Limited, one of Nigeria’s emerging real estate investment and service companies, says it will be launching its Real Estate Investor Network (REIN) at the forthcoming property buyers forum in Lagos.

REIN, according to the company, is a revolutionary real estate platform that allows members of the network to close the funding gap in quality real estate transactions.

It adds that the platform also allows members of the network to successfully access funding, allowing them to diversify their investment portfolio through investing in income producing commercial real estate.

An official of the company explains that the REIN model is established on the fundamentals of Crowd-funding – a collective effort of individuals who network and pool their money, usually via the internet, to support efforts initiated by other people or organisations.

“This concept has been in practice for a number of years and has been effective in many interesting ways, both for non-profit cause models such as Kiva and for profitable models such as KickStarter,” the official says.

“REIN takes the strength of this concept and applies it to simplify how we invest in real estate today, enabling 3Invest and its partners play an evolutionary role in pioneering this in Nigeria.

“We enable investors to fund real estate deals and in return they can gain an equity interest in that investment. Our platform is open to registered 3Invest member-clients to build their network, but can also be subscribed to through our 3Investors Loyalty programme,” he adds.

REIN is consistent with 3Invest’s mission of developing innovative platforms to provide solutions designed to optimise and redefine Nigeria’s real estate industry, as well as provide valuable investment for the country’s real estate market.

Ruth Obih, 3Invest managing director, stresses that the platform will not only provide a superior networking enterprise, but will also allow qualify investors to collectively fill funding gaps in quality real estate transactions, adding that “REIN will continue to assess additional ways to expand and broaden sources for funding within our model.”

According to her, the network will be lunched on April 18, 2013, at the Property Buyers’ Forum (PBF) organised by her company at the Porsche Centre, Victoria Island, Lagos.

PBF, she explains, is a real estate marketplace designed to help developers sell investment portfolios through exposure to high net-worth individuals, medium- to high-income investors, celebrities and organisation who have expressed interest in investing in viable real estate transactions.

“REIN is in pursuit of 3Invest’s brand promise of working with stakeholders to ensure that Nigeria’s real estate creates more wealth, increases employment and meets the real estate requirements of millions of private and corporate citizens.

“When fully operational, REIN will contribute significantly to the execution of additional projects by co-ordinating investors’ funds in the network in order to develop and operate income-producing real estate assets for the benefit of all members of the network,” she says