OwnMali is a platform of Infiniti N Beyond Limited.
OwnMali is a digital real estate investment platform that enables easy and transparent investments into income-generating properties in Kenya.
OwnMali mission is to modernise real estate investment, making it accessible to mwananchi with as small as KES 2000. This allow individuals to make great returns regardless of their investment size.
OwnMali make individual grow your wealth by collectively investing in Income-Generating properties with other people.
OwnMali makes real estate investing easy, transparent, hassle-free like never before.
OwnMali was admitted in CMA (Capital Market Authority) Regulatory Sandbox on 18 th July 2024.
OwnMali is a digital real estate investment platform that enables easy and transparent investments into income-generating properties in Kenya.
OwnMali mission is to modernise real estate investment, making it accessible to mwananchi with as small as KES 2000. This allow individuals to make great returns regardless of their investment size.
OwnMali make individual grow your wealth by collectively investing in Income-Generating properties with other people.
OwnMali makes real estate investing easy, transparent, hassle-free like never before.
OwnMali was admitted in CMA (Capital Market Authority) Regulatory Sandbox on 18 th July 2024.
As an investor/buyer, you own the property that you invest in with other
investors!
Ownership is proportionate to your investment amount.
For example, if you invest Kshs 5000 in a Kshs 2,000,000 property, you
own 0.25% of that property. The remaining 99.75% is held by other
property investors like you! Collectively, you all earn monthly rent income
through the property.
Each Property will have a registered LLP (limited liability partnership) and the
title deed of the property will be owned by that LLP.
LLP will be managed by a trustee that is regulated by CMA Capital Market
Authority of Kenya.
LLP is a Special Purpose Vehicle (SPV)– it’s like setting up a new business to
take care of a specific task or transaction.
Each Property is separated and managed independently
The LLP acts as a separate company for investors to become shareholders in it.
Each LLP is broken into shares whereby OwnMali Smart Contracts allocates
your shares proportionate to your investment.
For example, if a property is Kshs 10,000,000 (10 million), each share of that
property is Kshs 2000 and the SPV will have 5000 Shares. Therefore, if an
investor invests Kshs 50,000, he/she will own 10 shares or 0.2% of the
property.
The Title Deed of each property is held in trust by Capital Market Approved
Custodian on behalf of LLP/SPV. In this case all titles will held by ABC Bank
which is regulated Central Bank of Kenya.
Visit https://www.abcthebank.com/
That means all your investments are safe
Goal Advisory Limited who are our trustee will appoint legal and real estate
professionals approved by ABC Bank https://www.abcthebank.com/ to
performs thorough technical and legal due diligence before listing any property
on ownmali platform.
Each property is a assigned a property manager who is accredited to manage
real estates. The agent will be appointed by trustee and confirmed by ABC
Bank https://www.abcthebank.com/
You can make money in two ways—the sale of the property you’ve
invested in and its monthly rental income.
Recurring Rental income is when tenants of the property you’ve
invested in pay their rent, the rent income is distributed it to
investors (after deduction of all relevant transaction costs).
Potential Capital Gains: Capital gains occur when a property rises in
value over time. At the end of the Investment Term, your property
will be sold and your share of the sale proceeds (after deduction of
all relevant transaction costs) will be distributed to you in
accordance with your ownership.
Real Estate is a tangible and stable asset class that has been a leading
performer of returns throughout history. It is a favourite investment for
the wealthy individuals and institutional investors. Real Estate investment
- Real Estate grows in value over long periods of time and price rarely
fluctuate. - Real Estate is a hedge against inflation and a good long-term store
of value. - Real Estate generates predictable income from rent.
- When it’s a part of diversified portfolio of different asset classes,
Real Estate enhances the quality of the risk-return profile of the
portfolio.
Investing in Real estate through OwnMali platform allows you to grow
your wealth with very little investment.
We allow people to diversify their investments into more than one property in
different locations across Kenya. This lowers the vacancy risk significantly i.e if
one apartment is empty for a month then the others will be rented which
maintains the income flow
You can sell your shares of investment at any time to a willing buyer
through OwnMali Platform
You also have a control of how the property is run through voting/
decision making.
It’s also hassle-free - an accredited property manager will manage your
property.
Most important, we are transparent in all of our information and processes.
We will only list properties that we would invest in ourselves
The minimum amount you can invest varies depending on the property. The
lowest amount you can invest is Kshs 2000.
It’s absolutely FREE to join OwnMali. There’s no commitment to invest once
you create an account.
Just Download OwnMali App on Playstore or Appstore, sign up and start
browsing the properties on our platform.
All our properties will be divided into shares and your ownership on a property
will be determined by number of shares you have bought.
Each property on OwnMali platform will have their third-party valuation report
done by accredited real estate valuer. This report will be either annually or bi-
annual.
The report will be uploaded against each property for your review. You can at
all times view the estimated market value of your shares on the app, which is
based on the latest valuation reports of your property. You can also view
report for all the properties you have invested in.
Yes, you can invest in more than one property across locations, asset types,
and investment tenures. We encourage you to diversify your portfolio.
OwnMali platform only list FINISHED properties be it Student Accommodations
hostels, apartments, commercial, warehouses, and hotels.
We don’t list property UNDER construction.
We don’t list property UNDER construction.
Property visits can be arranged. Kindly get in touch with your dedicated
property relationship Manager or write to rm@ownmali.com
Real estate tokenization is the process of fractionalizing real property into
shares on a decentralized database. This decentralized database stores
information like a digital ledger and is commonly referred to as blockchain.
Properties are so expensive that many people cannot afford to invest or buy.
So those who cannot afford real estate are missing out on the benefits of this
asset class such as i) it generates passive income in terms of rent ii) it
appreciates in value of time iii) it can be used as collateral to access loans.
How can more people afford real estate then? Just create fractional shares on it. Take an expensive property, break it into pieces and sell the parts. So, one person can own the window and the other can own the roof. That’s it.
But instead of breaking up the physical house, you do this digitally. Split the value of the property into small units. A property values at Kshs 8 million can be split into 20,000 units each valued at Kshs 400 and now you can buy a piece.
Each share (called a token) is encrypted with information such as property value, ownership details, size etc. All this data is stored in a distributed ledger database to prevent fraudsters from changing this information. This database is called Blockchain. Storing the data on blockchains makes buying and selling of shares easy and transparent.
How can more people afford real estate then? Just create fractional shares on it. Take an expensive property, break it into pieces and sell the parts. So, one person can own the window and the other can own the roof. That’s it.
But instead of breaking up the physical house, you do this digitally. Split the value of the property into small units. A property values at Kshs 8 million can be split into 20,000 units each valued at Kshs 400 and now you can buy a piece.
Each share (called a token) is encrypted with information such as property value, ownership details, size etc. All this data is stored in a distributed ledger database to prevent fraudsters from changing this information. This database is called Blockchain. Storing the data on blockchains makes buying and selling of shares easy and transparent.
Real estate tokens can also be differentiated from real estate investment trusts
(REITs) since they allow for a specific investment linked to a particular real
property, whereas REITs typically facilitate investment into pools of various
real estate assets.
In a secondary investment offering, investors are purchase fractional
ownership from existing investors of the asset who intend to make an exit.
OwnMali platform plays the role of a facilitator in a secondary offering through "Secondary marketplace (Coming soon).
OwnMali platform plays the role of a facilitator in a secondary offering through "Secondary marketplace (Coming soon).
Investors who have held their shares for 120 days or more from the date of
purchase or property closing date (whichever is later) can list their shares for
sale on the marketplace (coming Soon).
You, as a seller, will decide your selling price/share based on your expected
returns, holding period and market growth. However, the selling price CANNOT
be below the current property market value and mark-up cannot be above a
certain threshold.