Greenage Restates Commitment to Sustainable Student Housing Financing

Hamid Ayodeji
Greenage Development Managers, a private equity-driven fund and provider of on-campus student and faculty housing projects, has announced a long-term commitment to the IFC’s EDGE (Excellence in Design for Greater Efficiencies), an international green building certification system.
Greenage Development Managers are also leveraging the institutional mechanism provided by the Infrastructure Bank Plc in Nigeria to ensure sustainability of the Green Student Housing Projects.
The aim is to transform the student housing sector by delivering purpose-built, resource-efficient student housing in higher institutions across Nigeria with Greenage’s $150 million sustainable housing fund.
The fund is committed to develop 100,000 bedspaces across Nigeria over 10 years, with an initial ticket size of $50 million for its first phase of delivery.

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