Cruxston Develop Seeks Investors for Nautic Rise Project

Cruxston Develop is actively courting investors for its flagship waterfront project, Nautic Rise, which aims to establish a significant lifestyle tourism destination in Nigeria. Tobi Jolugbo, a representative of Cruxston, highlighted the company's commitment to delivering quality developments that provide long-term value.

The firm is focused on changing perceptions of Nigeria's real estate sector and aims to build strategic alliances to drive awareness and sales of Nautic Rise, which will feature a mix of residential, hospitality, and leisure offerings within a single waterfront ecosystem. The project is part of a broader strategy to redefine the residential and tourism landscape in Lagos and West Africa, comparable to developments in global cities like Cape Town, Singapore, and Dubai.

Sulaiman Abu noted the importance of collaboration with external sales partners, particularly realtors, to enhance transaction success. The project targets high-end markets and aims to broaden access across different income segments, emphasizing the need for government support in financing policies and affordable housing initiatives.