Catalyst Investment

A). Catalyst Investment To Advance infrastructure Construction on our the Cedar Homes, Okun Ajah by Lekki 2 Project

The purpose is to use the funds to construct part of the infrastructure that can serve 5 blocks of the 15blocks flat apartments and fix up all the externals of the one block that is to be delivered soon.

Total Amount: 100,000,000.00

Total Amount is divided into 400Units of N250,000 each.

An investor can do as many units of N250,000 each as possible.

Tenure                  2years locked-in period.

Interest rate       18.5%p.a payable annually

Security:              Title to # 3, Olaide Benson Street, Onigbongbo, Maryland last valued for N124m in 2019 to be dropped with a custodian

Other Documentations for fund providers(investor):

  1. Deed of Agreement
  2. Certificate of Investment

B). Catalyst Joint Venture Partners To provide funds for the Construction of Sycamore Block 2 in our the Cedar Homes, Okun Ajah by Lekki 2 Project                                    

The block type consist of

4 Nos. of 1bedroom apartment

6 Nos. of Studio apartments

6 Nos. of 2bedroom apartments

Total Amount: 131,250,000.00

Total Amount is divided into 525Units of N250,000 each.

An investor can do as many units of N250,000 each as possible.

Tenure                  2years locked-in period.

JV sharing ratio is 30% to the land and infrastructure provider(Realty Point Limited) and 70% to the JV fund provider(investors). Estimated return in invest to investors is put at 39.06%

Security:              The property to be built as it is in construction financing

Other Documentations for fund providers(investor):

  1. Deed of Agreement
  2. Certificate of Investment