.
MergerLinks Header Logo

Announced

Landwey acquires 25% stake in Vistafront.

Financials

Edit Data
Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Single Bidder

Acquisition

real estate services

online platform

Pending

Nigeria

Private

Real Estate Services

Minority

Synopsis

Edit

Landwey, one of Nigeria’s most respected real estate companies with development projects in the commercial, retail and residential property segments has acquired a 25% stake in Vistafront, a tech platform for funding real estate projects online. Financial terms were not disclosed. Since investing in real estate can be a capital intensive project for many, Vistafront was established to give people the opportunity to fund real estate projects from the comfort of their mobile devices and earn good returns at the end of the project cycle. "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.” Olawale Ayilara, Landwey Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US