Keble

Keble is a Lagos-based real estate investment platform that allows Africans at home and in the diaspora to acquire property outright or buy fractions of income-generating real estate. The platform offers three principal routes to ownership: home ownership, in which users pay flexible monthly instalments from ₦300,000 toward insured, government-titled properties in Nigeria, Dubai or London; fractional ownership, with entry from ₦10,000 or $10 into managed, asset-backed real estate funds; and land ownership, with plots in Nigerian growth areas available from ₦150,000 per month and government-backed titles. Investors earn a share of rental income and capital appreciation proportional to their holding, and assets are professionally managed and insured.

Users sign up through a web platform or mobile apps on iOS and Android, fund a wallet in naira, dollars or pounds, browse vetted listings with property photos and locations, and invest via lump-sum or monthly payments. Keble also positions itself as a source of capital for real estate developers, deploying pooled investor funds into projects at early stages in order to negotiate better pricing and returns. Company materials describe registration with Nigeria's Corporate Affairs Commission and in the State of Delaware, an SCUML/AML registration under the Money Laundering (Prohibition) Act 2004, a LASRERA real estate licence for Lagos practice, a registered cooperative vehicle (Progressive Keble (Mainland) Cooperative Multipurpose Society Ltd) through which co-owners hold slots, and a trusteeship arrangement with Meristem Trustees Limited.

A staging version of the site outlines an expanded product roadmap including Circles (private co-ownership groups of family and friends), Pool (rotating savings among members), and planned features such as a verified property auction marketplace, asset-backed loans against Keble-held property, residency and second-passport support tied to qualifying Dubai and Caribbean assets, third-party property management, and a loyalty points programme.

Founding story

Co-founders Emmanuel Oballa (CEO), Josemaria Agulanna, Valentine Offiah (CTO) and Adebisi Borokinni developed the business model during the COVID-19 pandemic to give Africans a structured way to access real estate. The four are alumni of the University of Lagos with a combined 14-plus years of experience across real estate, finance and product. Oballa has said his parents took 60 years to acquire their first property and that ownership should not require that long.

Business model

Keble aggregates retail capital from individual investors into residential, land, short-let and development real estate assets, structuring them as whole-unit purchases, co-ownership slots or fractional units. It sources, develops, titles, tenants and manages the properties, and channels the pooled capital to developers at early project stages, which the company says lets it negotiate better acquisition terms and returns for users.

Traction

Keble reports more than 30,000 users/owners globally, over 300,000 fractional sales across 70-plus properties, and says 2024 projects delivered 20-30% capital appreciation alongside rental income. In 2022, retail investors on the platform earned a reported total of $140,000 at an average 10% dollarised interest. A Liverpool project, Westminster Point III, was opened to fractional investors from $20 per share and reportedly returned 8% within a year.

Latest developments

As of September 2025, Keble reported 30,000+ users, 300,000+ fractional sales across 70+ properties, partnerships with developer Mixta Africa and insurer AXA Mansard, and a portfolio including Ibudo Wura in Lagos, Buckingham Apartments in Yaba (a ₦202 million two-bedroom property), Nove Vacation Rental in Ibadan and an upcoming Sky Views tower in Dubai. A staging site lists planned products covering auctions, asset-backed lending, residency/second-passport assistance, third-party property management and a rewards programme.