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About Coreum
Coreum is a Real Estate (RE) Company with a goal to promote wealth equality and sustainability by making Real Estate affordable to everyone regardless of income level, age or location.
Our strategy is hinged on Real Estate Syndication. With our variety of well researched and carefully designed Real Estate options, we hope to drive positive growth in the African Real Estate Market.
- Our Solution
- Mission
- Vision
Assets like Real Estate have long been a cornerstone for wealth generation and preservation. Real estate, like the stock market, is seen as a major store of value however barriers to entry are high (cost) and access has long been limited to a fraction of our society who are able to wholly afford it.
Coreum seeks to lower the barrier to entry (i.e. minimum required cost) in the real estate industry by providing everyone with the opportunity to co-invest in real estate properties with high growth potential. Our Model allows a broader range of individuals (members) aggregate their funds towards the purchase and/or development of strategic real estate assets.
The aggregation of these smaller amounts of capital results in the creation of a significantly larger pool of new capital allowing for the collective purchase of Real Estate Assets with percentages owned by each member. By virtue of co-ownership, members are able to benefit from value appreciation and rental income. Members can also diversify their portfolio by investing in multiple locations and different real estate types (bare land, commercial or residential developments).
Our mission is to give the average African the opportunity to hold Real Estate assets in small units and benefit from future cashflow and capital gains thereby helping to alleviate generational poverty.
Our vision is to be the vehicle of choice by which Real Estate Companies access a sizable portion of the market currently overlooked.
The Coreum Concept
- Co-investing
- Virtual Slots
- Trustee
Real Estate Co-investing allows you to invest your funds in high value properties that you singularly cannot afford and it also allows you to hedge your risk by diversifying your investment across different locations and property types.
One Virtual Slot represents 1% of the property. A member can buy invest in one or more Virtual Slot(s).
Ownership of Virtual Slots gives you the right to earn returns accrued from the Real Estate Property (Rental Income and Value Appreciation) to the tune of percentage purchased.
FBNQuest Trustees has fiduciary duty to all Coreum Invesments and holds the legal title of all assets purchased or acquired by the platform’s members under the Transaction. FBNQuest Trustees acts as a nominee on behalf of the members of the platform in accordance with the Trust Deed.
Why Invest with Coreum
- Low Barrier to Entry
- Research Based
- Secured by Trustees
- Transferrable
- Ease of Diversification
Coreum divides the value of every listed property into 100 equal units called Virtual Slots (VS). Each Virtual Slot represents 1% of the property and Coreum members are provided with the opportunity to buy one or more Virtual Slot(s). By so doing all that is required to co-invest is 1% of the value of the entire property as opposed to the 100% required in traditional transactions.
Our properties are strategically selected by our Research Analysts with years of Investment Banking and Private Equity experience. These properties have significant residential and/or commercial development potential (and as such High Growth Potential) due to their current or future proximity to infrastructure.
To protect the interest of our clients, all assets are held in trust by FBNQuest Trustees, a subsidiary of FBN Holdings, one of the strongest and most dependable financial groups in Africa.
In accordance with clauses 21.9 - 21.12 of the Trust Deed, in the event of death, bankruptcy or need for liquidity, Virtual Slot holders may transfer their slots to their next-of-kin or any individual they so wish by following the due procedure as stated in the Trust Deed.
By virtue of the fact that you can invest in percentages, you can spread your investments by diversifying across different locations and property types. As opposed to traditional investing where you put all your money in one property, you can invest in a mix of land, commercial and residential developments across different locations with the same amount say for example: 10% Land, 20% Office Space and 30% Corporate Residential Development. Stretch your money and make it work for you.
Why Invest in Real Estate
Return Potential
Real estate will generate an ongoing passive income and is a good long-term investment as its value increases exponentially over time. When it comes to Real Estate Return on Investment (ROI), the sky is the limit as ROI can be as high as 450% or even more.
Generational Wealth Preservation
Real Estate will continue to provide income for your children (and their children, etc.). It is recommended that young families invest in the purchase of one property for each child which can finance their university tuition.
Hedge against Inflation
While most people fear inflation, this is not the case with real estate investors. Investing in properties is an excellent hedge against inflation. As the price level goes up, so does the rental income you get from your property and your investment’s value. This means that real estate investors are protected against both the immediate and the long-term effects of inflation.
High Tangible Asset Value
There will always be value in real estate be it land, residential or commercial developments. Other investments can leave you with little to no tangible asset value such as a stock which can dip to zero, or a new car which decreases in value over time. Real estate however will always increase in value over time
Population Driven Demand
As population grows, so does demand for good quality real estate grow. According to PWC's Real Estate Report , by 2025, Nigeria will need nearly 20 million new homes compared to 2012. By Investing in Real Estate now you become one of the suppliers for that demand.
There is no better time to own Real Estate. Start building your portfolio today
Coreum Real Estate Solutions is a Real Estate Company registered in compliance with the Company and Allied Matters Act with CAC Registration Number RC1503916. Our goal is to promote wealth equity and sustainability by making Real Estate affordable to everyone regardless of income level, age or location.