You are acquiring a 28-year interest in a 4-bed studio room within the Paradigm purpose-built student accommodation (PBSA) development, within the University of Lagos (UNILAG), Akoka.
The investment provides rental income throughout the 28-year tenure, together with a terminal-value benefit.

The development is located inside the main campus, opposite the Femi Gbajabiamila Hostel, accessible from Lawani Street, Akoka.

Each unit is a 4-bed studio of approximately 27 square metres, purpose-designed for student accommodation.

The investment has a 28-year tenure with a terminal value.

A limited number of rooms are available at a special discounted price of ₦30 million per room.
The full price is ₦35 million per room.

The target completion date for Phase 1 is August 2027.

All payments will be made to a foremost SEC-licensed Custodian who will disburse funds for construction based on milestones.

Initial rental revenue is expected to be approximately ₦2.6 million–₦3 million per room per annum (₦650,000–₦750,000 per bed space).
Rental rates will be reviewed periodically to reflect inflation and prevailing market conditions.

Based on projected inflation-adjusted rent escalations, early bird buyers at ₦30 million will recoup their investment in 8 years, while those who buy at the full price of ₦35 million will recoup in 9 years.

Based on the projected inflation-adjusted rental growth, each room is expected to generate approximately ₦319 million in cumulative rental inflows over the 28-year tenure.

Rent collection will be handled through an independent rent-collection arrangement, providing a structured process for collecting and distributing rental income.

No. The hostel will be professionally managed, so individual investors will not be required to market their rooms, find students or collect rent themselves.
A reputable SEC-licensed Trustee will manage the rent collection account with the University of Lagos and remit accrued rents to room owners directly.

The development will have professional facilities management responsible for the operation, maintenance and management of the hostel and its common facilities.

The investment includes a terminal-value structure designed to provide investors with a significant value at the end of the investment period.
A leading insurance company will guarantee a value of ₦60 million after 20 years.

At the end of year 20, investors can roll over the ₦60 million value for the remaining eight years.
Based on Paradigm’s current projections, the value could grow to approximately ₦138 million at the end of year 28.

The ₦60 million value at year 20 is guaranteed by the participating insurance company.
The ₦138 million year-28 value is the projected value from rolling over the ₦60 million for the remaining eight years.

No.

The terminal value is in addition to the rental income generated by the room throughout the 28-year tenure.

18. What is the projected total value over 28 years?

Based on the current projections:

Cumulative rental inflows: ₦319 million

Estimated terminal value at year 28: ₦138 million

Total projected value: ₦457 million

Therefore, a room is projected to generate ₦319 million in rental inflows, which, when combined with the estimated ₦138 million terminal value, gives a total projected value of approximately ₦457 million over 28 years.

Based on the current projections:
Cumulative rental inflows: ₦319 million
Estimated terminal value at year 28: ₦138 million
Total projected value: ₦457 million
Therefore, a room is projected to generate ₦319 million in rental inflows, which, when combined with the estimated ₦138 million terminal value, gives a total projected value of approximately ₦457 million over 28 years.

The hostel is located within the University of Lagos, accessible from Lawani Street.
The combination of location, purpose-built accommodation and professional management is designed to create a strong student-housing proposition.

The development will provide the following support facilities and infrastructure, including:
Security and access-control facilities
Water supply and storage
Power and electrical infrastructure
Back-up solar power
Sewage and waste-management facilities
Laundry facilities
Retail and food-service areas
Internal roads and walkways
Parking
Common areas and external facilities

Paradigm Hostels Ltd is developing the project pursuant to a long-term concession arrangement with the University of Lagos approved by the Infrastructure Concession & Regulatory Commission.

No. The investment is designed to be hands-off for the investor.
Professional facilities management and independent rent collection will take care of the principal operational requirements.

Yes

Yes, the transfer of ownership only needs to be registered with the Trustees.

The investment is suitable for investors seeking:
Long-term rental income
A professionally managed real estate investment
Potential growth in rental income through periodic rent reviews
A combination of recurring income and long-term capital value

Location: Within the University of Lagos, Akoka

Product: 4-bed studio PBSA room

Room size: Approximately 27 sqm

Tenure: 28 years

Special price: ₦30 million

Full price: ₦35 million

Completion: August 2027

Initial expected rental income: ₦2.6M–₦3M per room per annum

Expected Payback Period: 8/9 years

Projected 28-year rental inflows: ₦319 million

Insurance-backed value after 20 years: ₦60 million

Estimated terminal value after 28 years: ₦138 million

Projected total rental + terminal value: ₦457 million

Rent collection: Independent

Facilities management: Professional

Visit the company website: https://paradigmhostelsltd.com

Contact: 08034030433 for invitation to a Q&A webinar.