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MOFI Real Estate Fund raises N100bn from private investors

punchng.com/mofi-r...

submitted 9 months ago by uzong

MOFI Real Estate Fund raises N100bn from private investors

submitted 9 months ago by uzong

MOFI Real Estate Fund raises N100bn from private investors
  • The MOFI Real Estate Investment Fund has successfully raised N100bn from private investors in its Series 2 issuance, part of a larger NGN250bn fundraising effort to address Nigeria's housing finance gap.
  • The fund, with strong institutional investor participation and top credit ratings, aims to provide affordable mortgage financing and off-take guarantees for developers to support large-scale housing projects, signaling investor confidence in the fund's potential to transform Nigeria's housing sector.
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