Norrenberger Investment partners REKIT to finance real estate development

NIGERIA – Norrenberger Investment and Capital Management Limited, a financial services company in Nigeria, has partnered with Rekit Financial Advisors Limited (REKIT), a subsidiary of Modd Management Company Limited, to provide innovative structured finance debt instrument for real estate development in the Lekki corridor of Lagos state. The strategic collaboration will finance new developments in the Victoria Island, Ikoyi, and the Lekki corridor of Lagos State with up to N5 billion (US$  over a five-year year period. The instrument has been designed for investors who seek higher returns on real…

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