It was in the year, 2020 that the idea of the Distress Trading Centre was conceived and founded by its President, Oleka Udenze. He terms it the historic first distress trading firm in Sub-Saharan Africa.
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Prior to now, the idea of real estate investing was to benefit from the appreciation that comes with time and infrastructure development. With the entry of the Distress Trading Centre into the real estate space, investors were soon to realize that you could get return-on-investment faster by buying and reselling distressed assets.

“The idea is that when you buy a distressed asset worth 300 million at 200 million, the value of the property you bought is 300 million. The previous owner sold at 200 million because he’s running a race against time. Now that you’ve acquired the property, you could take your time to resell it in less than six months at 250 million or even 280 million. That represents 25-40% profit which fixed deposits or any financial instrument cannot guarantee you in returns in one year.” Udenze said in a recent chat with journalists.

The company was set up with a unique business model to acquire and resell distressed assets. Brokerage and Investment advisory were services to be introduced later due to client’s demand and the need to accommodate the interests of those who have come to appreciate the business model and wanted to get involved.
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The company went on to take the market like a storm with its niche product and in a record time of 24 months concluded transaction volume in excess of thirty million US Dollars ($30,000,000) in real estate investment and distressed assets.

Udenze continued: “Today we are guiding investors to earn 30-40% profit on their investments within 4-6 months by acquiring and reselling verified distressed assets. In brokering these opportunities to our clients, Distress Trading Centre ensures the following factors are in play; Location, Viability for a resale, 30% minimum discount on the forced sale value and six months maximum resell timeline.

“For us investment is rooted in confidence so while advising you on distressed properties to invest in, we strongly urge you to verify the title of the properties as well their claims as to the profitability, the actual market rate and the distressed price.

“When satisfied, the client goes ahead to purchase the property in his name or any other entity as desired and gives the Distress Trading Centre instruction to sell. It is a game changer for investors who choose the path of distressed assets as they are cheaper and appreciates in the moment.”
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