Funding Opportunities

wp_mco_funds_opps table
Deal 89
sponsor Private Registered Development Company
investment_opportunity To fund the construction of a six storey 11 unit luxury apartment tower in Parkview Ikoyi with a swimming pool and clubhouse on the sixth floor
total_construction_cost N483m (USD2.5m)
equity_requirement N483m (USD2.5m)
debt_requirement zero
use_of_proceeds To fund the construction of the project
exits The investor will be granted five apartments in the development or alternatively an 18% annualised return
returns 24% IRR (apartments) or 18% IRR (note facility)
ID 3
Deal 88
sponsor Gold Bars Plaza Limited
investment_opportunity 10 year concession to operate a 1,750 shopping complex beside the Enugu-Port Harcourt Expressway in Aba, Abia State. The site sits opposite the Ariaria Market
total_construction_cost N900m (USD4.6m)
equity_requirement N900m (USD4.6m)
debt_requirement zero
use_of_proceeds To fund the development of a 1,750 shopping complex in Aba, Abia State
exits The investors will be granted a concession to operate the shopping complex for a period of 10 years commencing post construction
returns 22% IRR
ID 2