
Cribstock is revolutionizing real estate investment in Africa by allowing thousands of individuals to become shareholders in valuable properties with as little as N100,000. This Nigerian startup has pioneered fractional investment in real estate, providing an opportunity for almost anyone to earn rental returns and capitalize on property appreciation—all from the convenience of their smartphones. Cribstock Inc, the startup, is headquartered in Delaware, USA, with its major operations in Lagos.
Unlocking the Dream of Real Estate Investment and Ownership
For many, the dream of owning real estate in major cities seemed unattainable due to soaring property prices that only benefited landlords. However, Cribstock’s innovative fractional share ownership model is changing the game. Now, you too can accumulate wealth as property values rise.
Harold Nno, the visionary CEO of Cribstock, shared his passion for the project, saying, “We launched Cribstock in February 2021 with the goal of helping 12 million Africans and global investors become shareholders in local private assets such as real estate, music catalogs, and art. We envision a future where property appreciation in places like Miami can benefit someone across the globe, including places like Lagos, Nairobi, Kigali, and vice versa, simply by owning fractional shares of such property.”
A Growing Community of Investors
Cribstock has already garnered the attention of over 17,000 investors and real estate enthusiasts who enjoy the benefits of share ownership. They earn a monthly rental income from the properties they’ve invested in, making passive income a reality.
How Does Cribstock Work?
Cribstock presently has two product offerings which they term “Co-ownership deal” and “Rental Deal.”
Co-ownership deal:
Imagine you want to invest in a property worth 50 million Naira, but you don’t have the entire sum. With Cribstock, you don’t need to empty your bank account. You can contribute small fractions of the total amount, like 0.1% (NGN 50,000), or let’s say you pool in 2% of the total amount, which equals 1 million Naira. Other investors on the platform may hold varying percentages, such as 10%, 1%, 5%, or 15%. Cribstock’s platform brings all these investors together, enabling them to collectively own a single property. The property’s ownership is transferred to a trustee, safeguarding all investors’ funds and assets. As tenants occupy the property, all investors receive a share of the rent. Additionally, as the property appreciates in value, your initial invested capital grows simultaneously, illustrating the fundamental principle of wealth building.
Rental Deal:
This allows you to invest in short-term rental establishments to own equity in the venture, thus earning consistent rental returns of up to 25% per annum for up to 7 years before the contract expires. “Shortlet is a hot market now in major cities, and the demand for these apartments is not slowing down anytime soon. If you have not owned any shortlet yet, it is time to do so,” says the CEO.
Below are images from some of the properties currently owned by investors on the platform:



Location: Agungi Lekki, Lagos
One of the challenges of real estate is liquidity and longevity hence it is suitable for long-term investors, and with the Cribstock model, “all properties have a minimum holding period of 5 years after which they would be sold at the new market value, and the capital plus returns would then be distributed to respective shareholders according to their ownership stakes. This enables the property to appreciate to a reasonable sum and also yield enough rental returns before it is put back in the market,” says Harold Nno.
Join the Real Estate Revolution
Ready to start owning shares of real properties? Join thousands who trust and use Cribstock by creating a free account at cribstock.com, where you can purchase shares of existing properties and become part of a community that is democratizing real estate investment in Africa. Invest with Cribstock today and embark on your journey toward financial prosperity through real estate. Trust in our platform, where opportunity meets innovation.
Company Growth:
“All thanks to the team, we can’t wait to experience the future where millions of people own fractional shares of real estate using their phones. Our partners also share the same vision; hence, we recently completed a funding round led by Fastforward Ventures. This successful fundraising effort has enabled us to hire exceptional talent, and we are currently in the process of raising a seed round,” says Harold.