Real Estate Portfolio
Abuja, Federal Capital Territory
Jabi Motor Park and Market
NFD and its 50% Joint Venture partner successfully acquired the right to develop the Jabi Motor Park and Market, a 9-hectare site in the heart of Abuja, and a 15-year concession to manage the facility upon completion. This is a N6 billion self-funding development over 46 months, and upon completion will have over 1,400 market shops as well as become the motor transportation hub for Abuja.
Mortgage Bank Acquisition
New Frontier assembled an investor consortium that successfully bid and acquired a major mortgage bank in 2018. New Frontier provided financial advisory services to the consortium and raised the acquisition Financing.