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Wetherby Real Estate: Zambian-Born Chanakira Launches A London Residential Investment Company for African Investors

Wetherby Real Estate

Wetherby Real Estate, which has been created to source and acquire luxury Serviced Accommodation in Prime Central London on behalf of worldwide investors, has announced its launch. It will be specializing in investment opportunities for top net worth individuals from the African continent. Though we understand, the services of Wetherby is accessible to investors across the world.

The platform has been launched by Barbara Chanakira, founder and CEO of the Mayfair based Eaton Property Consultants, another acquisition service but one which purchases a range of residential assets for HNWIs. She has almost 15 years’ experience in the luxury residential sector, overseeing huge property portfolios for HNWIs (High Net Worth Individuals) from across the globe which include those of Gulf State Royal Families and high-profile celebrities.

Wetherby is going to be operating exclusively among Europe’s fastest growing residential classes, Serviced Accommodation. It will only acquire property in Prime Central London and tap into huge demand from a worldwide investment audience, which has grown significantly over the previous couple of years as the U.K’s Serviced Accommodation market continues to flourish. Wetherby considers PCL to be one of the world’s safest and most lucrative investment destinations.

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The company is registered in Gibraltar but are going to be operating out of its London headquarters. Investments are made through the company’s affiliated wealth managers and an FCA regulated Custodian. Wetherby will then complete the important estate acquisitions through its UK-incorporated Special Purpose Vehicle. It has already identified variety of attractive prospects in London’s prime postcodes and it plans to expand into other real property sectors in the future.

Chanakira will be joined by Simon Hall and Augustina Ogbebor, who bring a combined total of over 35 years of experience in investment and advisory services and will be occupying the roles of Non-Executive Director and Head of Investor Relations, respectively.

Wetherby Real Estate
Simon Hall

Hall has over 20 years’ experience advising HNWIs and global corporations on growth and investments, working closely with international developments banks and clients within emerging markets.

Wetherby Real Estate
Augustina Ogbebor

Ogbebor’s 16 years in investment banking has seen her work with the likes of JP Morgan, Deutsche Bank, Macquarie and Lotus Capital Ltd; one of Nigeria’s most prestigious fund managers and where she was head of business development.

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Barbara Chanakira, the founder of Wetherby Real Estate Ltd, commenting on the launch said,

“London’s Serviced Accommodation market has an extremely bright future ahead, which has been compounded by changes taking place in the economy and society more broadly. The ongoing influence of Covid-19 has meant that lower operating costs, better social distancing and self catering benefits have enhanced its appeal, whilst the evolution of an increasingly transient workforce puts the sector in poll position to build upon its rapid growth of the last few years


Continuing that, London has an immovable socio-cultural and economic appeal, and their complex understanding and knowledge of its luxury property market and their carefully designed investment structure makes for an extremely attractive proposition.

She concludes by saying, they have already identified variety of attractive opportunities and appear to look forward to offering them to their network of investors from Africa and beyond.

Wetherby Real Estate
A Wetherby Real Estate property, African Investors can invest in.

According to her company, she is Zambian born who has had more than 14 years industry experience within real estate space. She so far, is managing multi-million pound portfolios of properties on behalf of her clients across prime London areas, including Mayfair.

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See the story of an Ethiopian woman entrepreneur who recently raised US$ 85 million for her startup.


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NEWS

The Global Tommy Hilfiger Fashion Frontier Challenge Calls for Applicants, Chance to Win €200K

Tommy Hilfiger announces launch its third annual global Tommy Hilfiger Fashion Frontier Challenge, supporting entrepreneurial startup and scale-up stage companies developing solutions and making the fashion landscape more inclusive.

Its mission according Tommy Hilfiger, is creating a fashion that Wastes Nothing and Welcomes All. The fashion frontier challenge will support entrepreneurs who are standing up for what they believe in and are committing to driving change in their communities.

The prizes for winners of the Tommy Hilfiger Fashion Frontier Challenge aim at financing and providing knowledge to grow their business ideas.

Tommy Hilfiger Fashion Frontier Challenge
image cource: Tommy Hilger facebook

Launched in 2018, the third edition of the this fashion challenge endeavours to support black, indigenous and people of color entrepreneurs, especially those working to advance their communities and nurture a more inclusive future of fashion.

After the outdooring of the initiative Mr Tommy Hilger said that,

“I have been inspired by this talented group of social entrepreneurs whose innovations are making the fashion landscape more inclusive and sustainable.”

All interested fashion entrepreneurs are welcome to submit their applications which focus on creating an inclusive fashion value-chain.

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Successful applicants are going to be narrowed down to six finalists and invited to virtually develop their project plans with the assistance of dedicated Tommy Hilfiger and external subject matter experts. There will be coaching from an experienced pitch coach, and the finalists will pitch their final concept to a prestigious jury panel and associate audience at the worldwide Tommy Hilfiger Fashion Frontier Challenge final event, slated for early 2022.

What does Tommy Hilfiger consider a startup and a scale-up?

The Startup: The business should be in its early stages, it’s yet to reach product-market fit, still experimenting with customer segmentation and working toward overall positive contribution margin but you are making some revenue.

The Scaleup: The company has a validated product with product-market fit with a clear and sustainable unit economics (outlook), and it is in a growth-mode. You must have made revenue for at least a year.

Tommy Hilfiger Fashion Frontier Challenge
Lewis Hamilton modeling a Tommy Hilfiger apparel. image cource: Tommy Hilger facebook

The process

  • After applying, successful applicants will be notified in June 2021 to progress to the second round of the Tommy Hilfiger Fashion Frontier Challenge.
  • Once selected, participants provide additional information regarding their business enterprise, including a one-minute pitch video.
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Note: Applications should be in English and business pitch also in English.

Progressing further will be six (6) finalists who are invited to further develop their business or project plans during a digital Design Sprint with the support of a team of dedicated internal Tommy Hilfiger associates and external specialists in October 2021.

Each finalist will pitch their concept at the global Tommy Hilfiger Fashion Frontier Challenge final event in early 2022, with a chance to win the prize package.

The Prize Package

  • Win up to €200,000 and a chance at an additional €15,000 prize for winning the “Audience Favorite Vote”
  • A year-long mentorship with Tommy Hilfiger’s internal experts globally and access to Tommy Hilfiger’s network brand association
  • A place on the INSEAD Social Entrepreneurship Program (ISEP)
  • Year-long INSEAD mentorship

The Tommy Hilfiger Fashion Frontier Challenge application closes at midnight of 8th March, 2021.

CLICK HERE TO APPLY

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