Wemabod Limited has won an A- rating from Augusto & Co, an international research, credit rating and credit risk management firm.
It conducted a qualitative assessment on the company’s operations on March 9, to ascertain its financial ability to optimise risk, return on investments and meeting of financial obligations..
The A- rating assigned to Wemabod is an indication of its investment and risk management capabilities and diversified income sources.
The company is a leading player in the mid-tier commercial real estate sector managed by an experienced team, led by Oluyemi Ejidiran, with over two decades of cognate experience in real estate.
Wemabod has a diversified portfolio of commercial, industrial and residential properties in major cities, with a shift in strategic approach to enhance its income base and at the same time capture new areas.