Real estate company LandWey Investment Limited on Friday announced a partnership with online savings and investments platform, PiggyVest. According to Olawale Ayilara, the CEO of LandWey, the partnership will facilitate ease of accessibility to land ownership for middle and low-income earners through PiggyVest.
PiggyVest who raised a $1.1M Seed Fundraise in May 2018, has diversified from being just an online savings platform to becoming an avenue for investments in agriculture and now real estate. PropTech Companies such as Secure, Coreum, MyCashEstate and many others currently offer Nigerians the opportunity to acquire real estate with ease. The LandWey and PiggyVest alliance is another addition that will be beneficial for people seeking to acquire land easily.
According to the CEO of PiggyVest, Somtochukwu Ifezue, “the initiative is a highly remarkable partnership with LandWey as the two brands have come together to ensure everyone and especially young people can own a piece of land as little as one square meter with a very small amount of money”. He further stated that “the scheme creates entry paths for virtually any Nigerian within low and medium-income brackets to actualize their dream of premium land ownership”.
Limited information is available at this time, however, we expect that more details to become public as time goes on.