Natanel Florens offer high yielding investment options to private clients in the real estate and private equity space and owns the Private Property Investors Trust (PPIT) franchise in Africa and with it, also offers a high-yield, additional return of 80 per cent on property investment over five years.

ALARMED by increasing inflation and runaway home prices that is making home purchase challenging for low- and middle-class households, a Lagos-based premier alternative asset investment company, Messrs Natanel Florens Limited has commenced an initiative that is pairing property investment funds with potential homebuyers.

Natanel Florens targets consumers who are locked out of the home market but still want to own the roof over their heads. The company, which recently launched its services in the Lagos area, allows renters to lease to own a house, which is bought and paid for by investors and partners.

The company plans to transform the Africa property landscape with innovative and affordable solutions as well as serve property owners who want to optimize their returns through its investment products.

According to the Managing Director of the company, Mr. Lekan Abiola, “Natanel Florens offer high yielding investment options to private clients in the real estate and private equity space and owns the Private Property Investors Trust (PPIT) franchise in Africa and with it, also offers a high yield, additional return of 80 per cent on property investment over five years. This is in addition to whatever is the current property investment portfolio.”

He said: “PPIT is a risk free, wealth creation, property equity release/property development scheme franchised by Bishopstrade of Mauritius. This franchise allows property owners to invest and optimize returns by participating in the growing property market accross Africa with or without investing cash.

“We will address the lack of supply/market demand for affordable housing. Natanel Folrens has started identifying existing property or landowners who will pledge their property title deeds to a trust created and managed by UBA Trustees Limited and Union Trustees Limited,” Abiola said.

His words: “Owners continue to receive their current income, but the trust will pool and collateralize the property or land deeds to secure funding through Bishopstrade and benefit from the trusts profits generated.”

Under the Rent-to-Own scheme, the company markets the properties to tenants, and subscribers benefit from the financing scheme whereby after 10 years payment, the property deeds vest to the tenant without needing capital or upfront payments. “All the tenants payments are made to the trust escrow account which then reimburses Bishopstrade,” he said.

He explains that the PPIT franchise is a tested model. “The underlining methodology of using trusts deed to unlock equity value for housing acquisition is fully operational in over 21 states in United States of America and the concept of paying rent to own a house is also a tested concept.

“Five years technical support from Bishopstrade will ensure smooth implementation of the franchise, particularly as regards development to fit into existing rental rates. It is almost zero risk, safe and protects property owners or investors through the use of trustees. Property legal documents even though transferred to the pool, are in safe custody of the trustees.”

The company has already launched the scheme in several estates in Lagos and entering the second phase of the scheme.