Firm targets $400 million investment in luxury fitting
Despite downturns in commercial investments, Ultimus Holdings, a Pan-African investment company, has expanded its Nigeria luxury fitting portfolio, with the launching of The Classroom in Lagos.
The firm also planned to invest a total of $400m in the next 10 years.
President and Chief Executive Officer (CEO) of Ultimus Holdings, Dr. Ifeanyi Odii, disclosed this at the unveiling of The Classroom, a luxury fittings showroom.
Odii noted that The Classroom, is primed to spread its footprints to 10 African countries in 10 years and that it is a first-of-its-kind ambiance fitting showroom located in Victoria Island, Lagos.
Odii added that the decision to open the ambiance fittings showroom is driven by the passion to transform ordinary spaces into extraordinary space.
He explained that the project offers an eclectic mix of ambiance fittings solutions, which are developed in partnership with strong global brands, to create an appealing balance of lifestyle products.
“Everyone belongs to a class; some take it notches further, preferring it classier. For them, it is all about elegance.
“It is all about taking their space on endless rides of experiences by defining lighting as a mood of stylish glamour or turning their walls into a canvass of self-expression or transforming their kitchen into a culinary arena and their bathroom, a monument to every eye,” he said.