INVESTOR REAL ESTATE INVESTMENT STRATEGY
Wiser Estates Nigeria Ltd was incorporated in 2012 as one of the fastest growing and market movers in Nigeria estate development sector. We are the developers of WISER Estates an acronym that symbolizes the corporate nomenclature. Our primary aim is to provide affordable homes to numerous, valued and esteemed clients in Nigeria ant the diaspora by acquiring suitable lands, designing and building aesthetic and functional houses.
In line with our vision to partner with investors and land owners for a client focused design, development/construction and marketing of resident/commercial housing concept to the general public, Wiser Nig. Ltd. Represented by Nasiru Suleiman and Akinremi Aanu hereby proposes the following:
CONCEPT: Wiser identifies and discovers genuine land title owners in a developed location in the Federal Capital Territory (FCT) and nationwide for Real Estate and commercial outlets for immediate sales to the public at affordable prices (inline with current market research) with unique repayment plan and economy sensitive time lines that will be suitable for a large segment to the general populace or target audience.
The WISER return on investment (ROI) portfolio is such that it makes our estates a good avenue for capital appreciation. Our business module is turnkey that handles all part of the business from alnd acquisition, profiling actual construction and development of estates/commercial buildings and sales.
Our antecedents show that it’s a module that works. in the past, we have had similar arrangements with individuals and investment companies with favorable symbiotic beneficial outcome.
The tables in the financial summary section (below) give us the impetus to state that a guaranteed initial thirty percent (30%) profit on investment (force market value) and 50% subsequent return on investment based on the duration of six (6) to twelve (12)months or more.
…or something like this:
OUR REAL ESTATE MARKET ADVANTAGE:
1 – The unique design and locational advantage of our projects prove market acceptability and propensity to ensure 100% sales prior to the completion of the project.
2 – Our partnership with the federal Mortgage Bank and other Secondary Mortgage Institutions to access National Housing Fund to support prospects into buyers of our houses is a market advantage.
3 – Our partnership with JAIZ bank to providing direct mortgage at discounted interest rate is another strategy to drive sales.
4 – Pool of off takers from individuals, cooperative societies, staff of big corporations in the Oil and Gas Industry, the financial sector, independent Government Agencies to blue chip private companies on the company’s list creates market advantage.
INVESTOR RESPONSIBILITIES:
1- Provide all the funding requirements needed for the project as the case maybe.
2- Ensure all relevant documents related to having the funds in a local bank in Nigeria have been perfected(for foreign investors).
3- Sign Memorandum of Understanding (MOU) and Non-Disclosure Agreement (NDA) with Wiser Estates for the project.
4- Give Wiser Estates letter of authority/power of attorney as exclusive marketers for the investors, for sales its plots, housing/commercial pr recreational units in the Estate to the public.
5- Agree on Budget and payments for the project and cash flow analysis.
WISER RESPONSIBILITIES:
1- Source for and secure adequate land for the project in Abuja or anywhere in the country free of all encumbrances in case investor does not have one available.
2- Set up a project team for the project which includes but not limited to Architect, Engineers, Town planners, Land and quantity surveyors, Estate management team, Marketing, team, Accountants, Internal Auditor, ICT Personnel, lawyers and Human Resource.
3- Provide a details and realistic marketing plan for the project with time lines.
4- Coordinate all aspects of client relationships for the project from inception to completion.
5- Design, develop and maintain client tailored marketing and sales activity necessary for the effective marketing of the project. This includes but not limited to forms (printed or online) website content development and monitoring , town/site offices layout and staffing, marketing/sales team, brochures, fliers, banners, vehicle branding, bill board, sign post etc.
6- Media campaign for the projects print and electronic/ social media.
7- Provide regular information and update on all activities related to the project to all stakeholders through report and meetings from time to time as agreed.
8- Set up the systems for clients, manage adminstration, feedback and control.
9- Develop, propose and defend a total project budget to all parties.
10- Where necessary, propose banking partners and payment/disbursement methods.
11- As marketing /business development and project consultants, provide direction in line with economic and market forces as regards the outcome/completion of the project.
12- Facility management: takes care of day to day client estate management and maintenance requirements after completion.
WISER RETURN ON INVESTMENT (ROI) AND PROFITABILITY:
For the security of the investor’s fund, units of buildings are allocated to investors to the tune of the amount invested by the investors.
These allotted units of buildings will be sold on behalf of the investors by our company in the secondary market thereby attracting Return on Investment (ROI) which is referred to as Wiser ROI – Portfolio A.
The Wiser ROI – Portfolio B is full-scale partnership package that makes investors benefit from our ration system.
However, the company shall deduct a fee of 5.0% as commission on the sales of the investor’s units of building .
Financial Summary (Portfolio A – Assuming N500m is Invested):
| FINANCIAL & VIABILITY STUDIES | QTY | UNIT | RATE | AMOUNT |
| INVESTED FUND | ||||
| 5 Bedroom Detached Duplex +One(1) RoOm BQ | 2 | NR | 60,000,000.00 | 120,000,000.00 |
| 4 Bedroom Detached Duplex +One(1) RoOm BQ | 2 | NR | 55,000,000.00 | 110,000,000.00 |
| 4 Bedroom Terraced Duplex +One(1) RoOm BQ | 2 | NR | 45,000,000.00 | 90,000,000.00 |
| 3 Bedroom Block of flats | 6 | NR | 20,000,000.00 | 120,000,000.00 |
| 2 Bedroom Block of flats | 5 | NR | 12,000,000.00 | 60,000,000.00 |
| TOTAL | = | 500,000,000.00 | ||
| SALES PROJECTION AFTER SIX(6) – TWELVE (12) MONTHS. | ||||
| 5 Bedroom Detached Duplex +One(1) RoOm BQ | 2 | NR | 75,000,000.00 | 150,000,000.00 |
| 4 Bedroom Detached Duplex +One(1) RoOm BQ | 2 | NR | 65,000,000.00 | 130,000,000.00 |
| 4 Bedroom Terraced Duplex +One(1) RoOm BQ | 2 | NR | 55,000,000.00 | 110,000,000.00 |
| 3 Bedroom Block of flats | 6 | NR | 27,000,000.00 | 162,000,000.00 |
| 2 Bedroom Block of flats | 5 | NR | 15,000,000.00 | 75,000,000.00 |
| TOTAL | = | 627,000,000.00 | ||
| LESS SALES COMMISSION 5% | 31,350,000.00 | |||
| 595,650,000.00 | ||||
| LESS MONEY INITIALLY INJECTED | 500,000,000.00 | |||
| NET PROFIT | 95,650,000.00 | |||
| SALES PROJECTION AFTER TWELVE(12) – EIGHTEEN (18) MONTHS | ||||
| 5 Bedroom Detached Duplex +One(1) RoOm BQ | 2 | NR | 80,000,000.00 | 160,000,000.00 |
| 4 Bedroom Detached Duplex +One(1) RoOm BQ | 2 | NR | 70,000,000.00 | 140,000,000.00 |
| 4 Bedroom Terraced Duplex +One(1) RoOm BQ | 2 | NR | 60,000,000.00 | 120,000,000.00 |
| 3 Bedroom Block of flats | 6 | NR | 35,000,000.00 | 210,000,000.00 |
| 2 Bedroom Block of flats | 5 | NR | 20,000,000.00 | 120,000,000.00 |
| TOTAL | = | 750,000,000.00 | ||
| LESS SALES COMMISSION 5% | 37,500,000.00 | |||
| 712,500,000.00 | ||||
| LESS MONEY INITIALLY INJECTED | 500,000,000.00 | |||
| NET PROFIT | 212,500,000.00 |
Wiser Estates in it’s few years of operation has deployed various techniques of housing construction and sales through critical study of diverse factors responsible for the rise in value or otherwise of properties in various sites in the Federal Capital Territory, Abuja.
Some of the factors we use to predict the rise in value of our housing unit in various sites include:
- – Location of housing units;
- – Verifiable market value of existing properties with the location;
- – Quality/flexibility in design of housing units;
- – Provision /improvement of existing infrastructural facilities around our estates;
- – High quality infrastructure within our estates;
- – Strict adherence to completion time;
- – High dividends on investment at advance stage of construction.
Portfolio B – Assuming Total Funds Required for Project in injected:
| FINANCIAL & VIABILITY STUDIES | QTY | UNIT | RATE (#) | AMOUNT(#) |
| COST OF CONSTRUCTION | ||||
| 4 Bedroom Terrace Duplex +One(1) Room BQ | 32 | NR | 15,000,000.00 | 480,000,000.00 |
| 5 Bedroom Detached Duplex +One(1) Room BQ | 20 | NR | 22,000,000.00 | 440,000,000.00 |
| 4 Bedroom Detached Duplex +One(1) Room BQ | 04 | NR | 19,000,000.00 | 76,000,000.00 |
| 3 Bedroom Flats | 36 | NR | 8,000,000.00 | 288,000,000.00 |
| 2 Bedroom Flats | 33 | NR | 6,000,000.00 | 198,000,000.00 |
| Shopping Complex/Skill Acquisition Centre | 01 | NR | 40,000,000.00 | 40,000,000.00 |
| Cost of Infrastructure | 01 | ITEM | 320,000,000.00 | 320,000,000.00 |
| Cost of Admin | 01 | ITEM | 30,000,000.00 | 30,000,000.00 |
| TOTAL | = | 1,872,000,000.00 | ||
| SALES PROJECTION ON DEVELOPERS UNIT AFTER SIX(6)- TWELVE (12) MONTHS | ||||
| 5 Bedroom Detached Duplex +One(1) Room BQ | 10 | NR | 75,000,000.00 | 750,000,000.00 |
| 4 Bedroom Detached Duplex +One(1) Room BQ | 04 | NR | 65,000,000.00 | 280,000,000.00 |
| 4 Bedroom Terraced Duplex +One(1) Room BQ | 21 | NR | 45,000,000.00 | 1,550,000,000.00 |
| 3 Bedroom Flats | 12 | NR | 27,000,000.00 | 340,000,000.00 |
| 2 Bedroom Flats | 33 | NR | 15,000,000.00 | 495,000,000.00 |
| 2,984,000,000.00 | ||||
| LESS – FACILITATOR/SALES COMMISSION | 149,200,000.00 | |||
| DEVELOPMENT CONTROL | 15,000,000.00 | |||
| OTHERS | 10,000,000.00 | |||
| CONSTRUCTION COST | 1,872,000,000.00 | |||
| NET PROFIT | 937,800,000.00 |