The Managing Director of Landway, Olawale Ayilara, while speaking with Tectono
Business Review, stated that with the partnership, the firm could
fully support investors to fund real estate projects.
According to the Landwey boss,
Vistafront was established to give people the opportunity to fund real estate
projects from the comfort of their mobile devices and earn returns at the end
of the project cycle, considering that real estate projects are capital
intensive.
In Ayilara’s own voice, “We are always proud when we spot opportunities for our
clients and followers to be more involved in real estate projects that will
give them the best returns for their money. We understand the need to
continually evolve as we serve the industry. We are glad that with this
partnership, we can fully support and encourage everyone to fund real estate projects.”
Ayilara, an alumnus of Lagos Business School, said Vistafront
would gain from the wealth of experience that Landwey had garnered in the real
estate business to inaugurate different projects that would be made available
for funding on the platform.
He said, “There
is an ongoing project called Bloom 1; it is a bridge financing for land
acquisition for 14,000 square metres nested in the heart of Lekki Epe
Expressway, Lagos State, Nigeria with 12 per cent return in six months.”
Ayilara went further to say that
Vistafront’s mission would be to provide quality infrastructure for all. He
added that one per cent of every unit funded by investors would go towards
social infrastructure, impact project such as schools, community homes,
hospitals and other social amenities accessible to the underprivileged.
The Managing Director of Vistafront, Segun Ajuwon, said the company had
received positive feedback and it planned to continue to unveil new projects.
He stated that for every project the
firm featured on the site, it had in place a strict vetting process carried out
by its in-house team and other partners including Nachtwey Advisory Services Limited, Emerging Africa Capital Group, and AXA Mansard.
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