The Securities and Exchange Commission (SEC) has granted an approval-in-principle to DreamCity Capital, a pioneering digital real estate investment platform in Nigeria. This preliminary approval signifies that the platform’s proposal aligns with regulatory standards and meets the SEC’s requirements.
DreamCity Capital aims to revolutionize real estate investing by providing accessible equity investment opportunities for small and medium retail investors. The platform allows investors to acquire equity ownership in carefully selected, commercially driven real estate projects.
Benjamin Akhamere, the Chief Executive Officer and Managing Director of DreamCity Group, expressed his excitement about the SEC’s approval. He highlighted the platform’s innovative approach, which streamlines the investment process and ensures transparent administration of real estate assets.
The SEC’s approval is a testament to DreamCity Capital’s commitment to regulatory compliance and its potential to drive innovation in the real estate sector. By offering a secure and efficient platform for real estate investing, DreamCity Capital is poised to make a significant impact on the Nigerian capital market.
