Assetrise

What Assetrise does

Assetrise Limited is a Nigerian agro-real estate investment company founded in 2020 and headquartered in Lagos. The company pioneered a hybrid model that combines traditional real estate ownership with agricultural production, primarily oil palm cultivation, to offer investors dual income streams from land appreciation and commodity yields. Its flagship product, Palmrich Estate, spans multi-phase oil palm plantation projects across Lagos, Ogun, Oyo, and Ondo states, covering over 4,000 hectares of plantations and offering potential returns of up to 30% per annum over a 40+ year fruiting cycle. Other core offerings include Palm Fortune City (a planned smart economy city in Ogun State with residential, commercial, agro-boulevard, and agro-processing districts), the Land Rental Income product (offering 10% per annum returns plus 50% annual land value appreciation in partnership with AG Mortgage Bank), and Smart Assets (a diversified real estate portfolio).

The company operates a proprietary web-based platform for property browsing, digital onboarding, wallet management, and account administration, complemented by a direct sales team of business consultants and a customer service operation. Go-to-market is multi-channel: self-serve web platform, inbound phone sales (07000490490, 08023244444), partner referrals (notably AG Mortgage Bank), event-based product launches, and active social media across Facebook, LinkedIn, Instagram, Twitter, and YouTube. Pricing is tiered by product and phase, with Palmrich Phase 7 plots starting at N545,000 (N100,000 initial deposit, up to 54-month payment plans) and Land Rental Income subscriptions starting at N750,000.

Assetrise targets individual retail investors, high net worth individuals, diaspora Nigerians, and a secondary segment of professionals and families seeking wealth-building structures. Customer segments are served through a hybrid segmentation approach, with primary use cases centered on home ownership, portfolio diversification, passive income from agricultural production, retirement planning, and wealth preservation. The company claims over N10 billion in assets managed over the last three years and is regulated by LASRERA, REDAN, and EFCC-SCUML, with strategic alliances spanning the Nigerian Society of Engineers, FUNAAB, IITA, NIFOR, and Okitipupa Oil Palm PLC. Revenue is generated through one-time real estate sales, recurring agricultural production income, subscription-based land rental returns, and professional consultancy services for oil palm cultivation.

Name

Assetrise

Legal name

Assetrise Limited

Website

https://assetrise.com.ng

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Assetrise is a Nigerian agro-real estate investment company that combines oil palm plantation ownership with land sales, offering retail, HNI, and diaspora investors fractional entry into real estate and agricultural production income across multiple Nigerian states.

Ownership category

akta.pro rank

Product category

Agro-Real Estate Investment

NAICS

Lessors of Real Estate (5311), Portfolio Management and Investment Advice (52394)

SIC

Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)

akta.pro primary industry

Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK)

akta.pro secondary industries

Natural Resources — Farmland & Agriculture (FSAAAKAI), Real Assets — Operating Platforms & Direct Investments (FSAAAKAL)

Keywords

• Agro real estate
• Oil palm investment
• Land banking
• Real estate development
• Agricultural investment

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Real Estate Sales: Sale of residential, commercial, industrial and agricultural real estate units. Revenue generated from property sales including Palmrich Estate oil palm plantation plots, Palm Fortune City residential/commercial plots, and land banking products.
2. Agricultural Production Income: Revenue sharing from palm oil production and sales from oil palm estates. Investors receive income from harvest and sale of palm oil and by-products.
3. Land Rental Income (LRI): Rental income from land ownership in Palm Fortune City Phase 2, with returns of 10% per annum plus 50% land value appreciation annually.
4. Agricultural Consultancy Services: Expert consultancy services for oil palm cultivation including feasibility studies, plantation management, processing and marketing, and regulatory compliance.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Assetrise sells affordable fractional and full ownership of land and oil palm plantations in Nigeria, combining real estate ownership with integrated palm oil cultivation. Its core products are PalmRich Estate (oil palm plantation plots with passive income from palm oil yields) and Palm Fortune City (a mixed-use smart city development), sold through direct website channels and a consultant sales force with flexible multi-year installment plans.

Product overview

Assetrise is an agro-real estate investment company that operates as a platform offering multiple property and agricultural investment products. The core offerings include PalmRich Estate (oil palm plantation ownership), Palm Fortune City (smart city development), Smart Assets (diversified real estate portfolio), Asset to Wealth (wealth management), and Land Rental Income. The company also offers ancillary services including the Eko Yams Project, Smart Agropreneurship Project, and consultancy services. Assetrise positions itself as a pioneer of agro-real estate in Africa, combining traditional real estate investment with agricultural production to provide investors passive income streams from land appreciation and commodity yields.

Differentiator

Problem solved

Functional benefit

Brands

• Palmrich Estate: Oil palm tree estate investment product allowing investors to own palm plantations and earn passive income from palm oil production.
• Palm Fortune City
• Eko Yams Project
• Asset to Wealth
• Assetrise Pro Partners

Products and services

• PalmRich Estate Agro-real estate investment product allowing investors to own oil palm tree plantations and earn passive income from palm oil production, with 100% land ownership and potential annual returns of up to 30% for over 40 years combining land appreciation with agricultural yields.
• Palm Fortune City A smart economy city development in Ado-Odo, Ota, Ogun State featuring residential, commercial, agricultural boulevard, agro-processing, and PalmRich districts, with land for tourism, residential living, and commercial purposes plus infrastructure including internet, power, and recreational facilities.
• Land Rental Income (LRI) A land investment product in partnership with AG Mortgage Bank PLC offering flexible 24-month payment plans with 10% per annum returns plus 50% land value appreciation annually and access to loans up to 200% of total savings.
• Smart Assets A comprehensive real estate investment portfolio comprising Asset Banking (land banking, house flipping, estate development), Agriculture Estate (PalmRich), Industrial Estate (agro-processing), and Commercial Estate (e-commerce projects).
• Palmrich Estate Consultancy Services Expert consultancy services for oil palm business including feasibility studies, land acquisition, legal documentation, plantation management, processing and marketing, and regulatory compliance.

Quantifiable outcome

• Over ₦10 billion worth of assets managed in the last 3 years
• +5 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core.

• Nigerian Society of Engineers (NSE)coreStrategic or Co-development Partner · 28 November 2024Assetrise partnered with NSE to revolutionize food security and youth empowerment across Nigeria. The partnership combines engineering innovation with sustainable agriculture to drive agricultural development and create opportunities for young people in the sector.
• Federal University of Agriculture, Abeokuta (FUNAAB)coreStrategic or Co-development Partner · 1 May 2024Partnership for sustainable agriculture through the Smart Agropreneurship Project (SAP) designed to empower young entrepreneurs in the agricultural sector by providing training, resources, and support.
• International Institute of Tropical Agriculture (IITA)coreStrategic or Co-development Partner · 7 March 2024Strategic partnership for the Eko Yams Project, a visionary initiative to address food insecurity in Nigeria. The project has successfully cultivated over one million yam tubers with plans to expand to over five million tubers in Eko Yams 3.0.
• Okitipupa Oil Palm PLCcoreStrategic or Co-development PartnerIndustry partner for palm oil production providing expertise in oil palm cultivation, processing technology, and market access for palm oil products from Palmrich Estate.
• Nigerian Stock Exchange (NSE)coreStrategic or Co-development PartnerPartnership to unveil high-capacity oil-palm mill for investors, entrepreneurs, and diasporans. The collaboration positions Assetrise as a pioneer of Agro-Real Estate in Africa with NSE backing.
• Flap Multipurpose Co-Operative SocietycoreStrategic or Co-development PartnerPartnership for the Eko Yams Project and Smart Agropreneurship Project (SAP). Flap Cooperative provides cooperative structure and member services for agricultural investments.
• Nigerian Institute for Oil Palm Research (NIFOR)coreTechnology or IntegrationTechnical partner providing expertise and research support for oil palm cultivation best practices and technologies for Palmrich Estate.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Farmcrowdy: Nigerian agritech platform that connects investors with farm projects and shares revenue from harvest sales. Assetrise's PalmRich Estate and Eko Yams products operate on a similar 'farm as an asset class' model targeting retail and diaspora investors in Nigeria.
• ThriveAgric: Nigerian agritech that pools capital to fund smallholder farmers and offers sponsor-investor cycles with shared yields. ThriveAgric overlaps with Assetrise's agro-real estate investment model on agricultural yield-sharing and crowd-funded farm ownership.
• Crowdyvest: Nigerian agro-investment platform offering farm sponsorship opportunities to retail and diaspora investors. Assetrise competes for the same diaspora agro-investor segment with products like PalmRich Estate.
• AcreTrader: US-based farmland investment marketplace that fractionalizes farmland ownership for individual investors. AcreTrader is a global comparable to Assetrise's PalmRich Estate, both pairing land ownership with agricultural yield.
• FarmTogether: US farmland investment platform offering fractional ownership of agricultural assets with managed operations. FarmTogether parallels Assetrise's managed-plantation / land-ownership-as-an-investment product.
• LandWey: Nigerian real estate developer focused on master-planned residential and mixed-use estates. LandWey competes with Assetrise's Palm Fortune City on the residential/investment estate side in Nigeria.

Broad incumbents

• Risevest: Nigerian dollar-denominated investment platform offering real estate, fixed income, and US stocks. Risevest overlaps with Assetrise's retail/Nigerian-diaspora investment positioning and is broader in scope but shares the democratized-asset-investing thesis.
• Presco Plc: Nigerian oil palm plantation major listed on the Nigerian Stock Exchange. As Assetrise's PalmRich Estate product is an oil palm investment, Presco is a downstream incumbents and a benchmark for yield expectations and palm oil market dynamics.

Emerging players

• Bamboo: Nigerian retail investment app offering fractional access to US stocks and securities. Bamboo is an emerging digital wealth platform competing with Assetrise for the same young, tech-savvy Nigerian investor base, though in a different asset class.
• Cowrywise: Nigerian digital wealth management platform focused on savings and investment products for retail customers. Cowrywise addresses a similar mass-affluent savings/investment audience but in financial instruments rather than physical assets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/assetrise_ng
• YouTubeyoutube.com/channel/UCU-qN_2cc46C-QeZMS--CWA
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/assetriise-ng
• Instagraminstagram.com/assetrise_ng

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Assetrise