Brains and Hammers Limited, the foremost infrastructure, hospitality, commercial and residential real estate company in Nigeria, has announced an eight billion naira investment from the private capital market.
This funding firmly puts the company on course to deliver on its aggressive growth plan in affordable housing across the country. With the mega four thousand, five hundred units Bungalow City in Abuja, Nigeria, moving ahead at full steam, the SUKUK investment represents a laudable landmark for Brains and Hammers and serves as a springboard for the delivery of wallet-friendly houses for Nigerians across the country.
“With phase 1 of the Bungalow City project nearing completion in less than one year after construction started, the 1, 2, and 3-bedroom housing units are proof that we are not just at the forefront of providing affordable housing development in Nigeria, we are building infrastructures as well,” he said.
“This infrastructural development is supported with recreational facilities including schools, Banks, a business hub, and a shopping mall, accentuating Brains & Hammers’ commitment to creating a healthy Live, Work & Play environment around their mega projects across the country.”