By Oluwatope Lawanson
Gvest Global, a real estate firm, says it aims to empower 200,000 diverse investors in real estate by 2027.
Mr Farooq Usman, the Managing Director, Gvest Global, made the pledge at a dinner with investors in Lagos.
Gvest Global, a subsidiary of Gtext Holdings, is the world’s first and largest digital cooperative society.
Usman stated that the company is growing rapidly and will relaunch its app by August, incorporating Artificial Intelligence (AI) technology to scale its operations.
He said: “The relaunch of the app aims to provide convenience, confidence, and control for real estate investors.
“Investors can save through target and flexible savings, monitor savings, investments, and use auto debit for savings.
“The target is to increase investors from 2,000 to 220,000 by 2027.”
The Managing Director explained that Gvest allows investments in Naira and Dollars, offering returns of 14 per cent to 26 per cent per annum for Naira investments and 7 per cent to 14 per cent per annum for dollar investments.
“We allow people to invest in Naira and in Dollars. For Naira, you can invest as high as one billion and get returns on investment from 14 per cent to 26 per cent every year.
“If you are dealing in dollars, you can start as low as 10,000USD to as high as one million dollars between seven per cent to 14 per cent per annum,” he said.
Usman emphasised that Gvest is registered with Lagos State Cooperative Federation Limited in Nigeria, and also filed with Securities Exchange Commission in the United States.
The managing director noted that company’s mission is to democratize real estate investment, making wealth creation through property accessible to all.
He urged Nigerians, especially younger ones, to invest in real estate.
According to him, it is the most viable and profitable investment option.
He also advised those dealing in cryptocurrencies and stock markets to consider real estate as a better, safer, and more promising option.
An investor, Mr Olamide Fafure, praised Gvest, stating that real estate is a safer and more promising investment option compared to stocks and cryptocurrencies.
