Nigerian real estate mogul Paul Onwuanibe’s Landmark Africa secures $24 million funding from Shelter Afrique

Landmark Africa Group, a prominent real estate and property development company led by Nigerian real estate mogul Paul Onwuanibe, has successfully secured N10 billion ($24 million) in funding from Shelter Afrique, a pan-African housing financier.

In a recent tweet, Onwuanibe the founder and CEO of Landmark Africa Group announced that the $24 million in funding secured from the pan-African housing financier will be utilized to partially finance the construction of the Landmark Waterview Apartments, a mixed-use housing project, as well as to refinance existing debt.

Shelter Afrique’s funding is a testament to Landmark Africa’s credibility and commitment to delivering exceptional real estate projects that cater to the escalating demand for contemporary and comfortable living spaces across Africa.

To foster a closer partnership with Shelter Afrique, Landmark Africa has identified several areas of potential future collaboration, including job creation throughout the value chain, green financing initiatives, and innovative solutions in real estate finance.

Landmark Africa is a leading real estate and property development company founded by Paul Onwuanibe, a Nigerian real estate mogul with over two decades of professional experience in designing and executing projects across Africa, the USA, and Europe.

Under his leadership, Landmark Africa has flourished into a leading property developer with a vast real estate portfolio exceeding 130,000 sqm of mixed-use residential, leisure, and office space, catering to both multinational and domestic companies in Nigeria.

Since its inception in 1997, Landmark Africa has extended exceptional services to over 5000 organizations, including a diverse network of blue-chip companies, through its provision of serviced offices, real estate development, bespoke market research, and advisory services.

Presently, the company boasts a robust global presence, operating efficiently from offices spanning five continents.