Parthian Partners Appointed Joint Issuing House for N100 Billion MOFI Real Estate Investment Fund
Parthian Partners Limited, a leading financial services firm in Nigeria, has been appointed as a Joint Issuing House for the Series II Issuance of up to N100 billion under the N1 trillion MOFI Real Estate Investment Fund Issuance Programme. This appointment underscores Parthian Partners’ extensive experience in capital markets and financial advisory services, as well as its commitment to supporting projects that contribute to Nigeria’s economic growth. The Ministry of Finance Incorporated (MOFI) established the Real Estate Investment Fund to address the significant housing deficit in Nigeria, and this Series II Issuance represents a critical step towards achieving that goal.
Parthian Partners will play a crucial role in structuring and managing the N100 billion issuance, leveraging its expertise in complex financial transactions and its deep understanding of the Nigerian capital markets. Oluseye Olusoga, Managing Director of Parthian Partners, expressed the firm’s honor in being part of this transformative initiative and reiterated their commitment to ensuring its success. The collaboration between Parthian Partners and MOFI is expected to enhance the efficiency of the Series II Issuance and attract significant interest from both institutional and retail investors, further solidifying Nigeria’s position as a hub for innovative financial solutions.
The MOFI Real Estate Investment Fund aims to bridge the housing gap in Nigeria by providing sustainable financing for real estate projects across the country. This initiative is of paramount importance given the acute shortage of affordable housing in Nigeria, a challenge that has far-reaching social and economic implications. By channeling funds into viable real estate projects, the fund seeks to stimulate construction activity, create jobs, and ultimately improve the living standards of millions of Nigerians. The involvement of Parthian Partners, with its proven track record in managing high-profile financial advisory services, is expected to significantly contribute to the fund’s success.
The Series II Issuance builds upon the success of the initial issuance and represents a significant milestone in MOFI’s efforts to mobilize private capital for real estate development. The N1 trillion programme aims to attract substantial investment from both domestic and international sources, providing a much-needed boost to the Nigerian real estate sector. The funds raised through this issuance will be deployed towards a range of projects, including the construction of new housing units, the renovation of existing properties, and the development of essential infrastructure.
Parthian Partners’ appointment as a Joint Issuing House reflects its growing reputation as a trusted partner for large-scale financial initiatives that support national development. The firm’s expertise in structuring complex transactions and its deep understanding of the regulatory landscape make it a valuable asset to MOFI’s ambitious real estate investment programme. The successful execution of the Series II Issuance will not only contribute to addressing the housing deficit but also demonstrate the effectiveness of public-private partnerships in driving economic growth.
The Series II Issuance of the MOFI Real Estate Investment Fund is poised to attract considerable attention from investors seeking opportunities in the Nigerian real estate market. The fund’s focus on sustainable development and its alignment with national development goals make it a compelling investment proposition. The involvement of Parthian Partners, a reputable financial services firm, further enhances the credibility and attractiveness of the issuance. The success of this initiative will pave the way for future issuances under the N1 trillion programme, contributing significantly to the growth of the Nigerian real estate sector and the overall economy.
