Knightstone plans rent-to-own scheme, new identity

A construction and real estate company, Knightstone Properties Limited (formerly known as Adaksa Nigeria Limited) has announced plans to commence a Rent-To-Own scheme.

Under the scheme, buyers will have the opportunity of moving into our properties with payment structure as rent. The company also will officially unveil its new brand identity and brand ambassador this week in Lagos. The event is expected to attract leading stakeholders, entrepreneurs and investors in the nation’s property landscape.

The company presently has built-up properties and land for sale in various estates and locations namely Ibeju Lekki (Lagos); Ajah (Lagos); Shapatti (Lagos); VGC (Lagos); Ikeja GRA (Lagos); Bwari (Abuja) and Kuje (Abuja). These include terrace apartments, four-bedroom/semi detached duplex, three-bedroom apartments and three-bedroom terrace apartments.

According to a statement signed by Miss Menzi Iwedi, Branding and Communications Executive, Knightstone Properties Limited, “the company’s houses are available on very flexible payment plans structured over four years; while possession can be taken with as low as 60 per cent down payment.

She said: “The evolution and rebranding process from Adaksa Nigeria Limited to Knightstone Properties Limited is a culmination of the totality of experiences garnered by the company in 12 years of operations in the Nigerian Market. It is also an expedient and strategic move to reposition the company’s products and services, in line with fresh challenges in the nation’s dynamic property market”.

Iwedi, explained that the company’s logo has been given a fresh appeal to reflect the creativity and dynamism in Nigeria’s property market, while the name change represents Nobility (Knight) and Bedrock (Stone). It also represents a strategic reawakening to the company’s present strengths and determination to play stronger and more dynamic roles in the market in the near future.

“We are indeed proud to unveil this New Corporate Identity as part of the ongoing evolution of our company’s brand. As a business, we have grown tremendously in 12 years and we felt this kind of brighter presentation of our logo underscores our transformation process, just as our new unique products effectively state our resolve to continue to play big in the industry”, She explained.

The event will feature a lecture on the theme: – Private Sector: Bridging the Housing Deficit Gap in Nigeria, to be delivered by Mr. Dele Martins, Group Managing Director, HFP Limited. Another highlight will be the unveiling of the Company’s Brand Ambassador whose face would adorn diverse promotional platforms for the company’s various product offerings.