Haldane McCall Plc Unveils Ambitious Expansion Plans in West Africa
Haldane McCall Plc, a Nigerian-based property and hospitality investment company, discloses its ambitious expansion strategy to scale its affordable housing developments and enhance its Suru Express hotel brand presence in West Africa. The company plans to raise N250 billion through rights and debt issuances to accelerate housing and hotel projects in high-demand urban markets.
With successful residential projects in Lagos and Benin Republic, Haldane McCall aims to meet the rising demand for affordable quality accommodations. The company's strong financial performance in 2024, post-listing on the Nigerian Exchange (NGX), positions it well to benefit from urbanization trends and increasing demand for housing and hospitality in West Africa.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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