Haldane McCall Plc has disclosed an ambitious strategic expansion plan to scale its affordable housing developments and strengthen its “Suru Express” hotel brand across West Africa.
The move by the leading Nigerian-based property and hospitality investment company
follows shareholder approval in May 2025 for a N250 billion capital raise through a rights issue and debt issuance, aimed at accelerating housing and hotel projects in high-demand urban markets.
The company in a statement indicates that it is currently developing a 1,200-unit residential project in Majidun, Lagos, after successfully delivering 48 housing units in Porto Novo, Benin Republic, and 34 units in Ketu, Lagos.