What Palmrich (Assetrise) Offers — The Upside
From what is publicly known:
1. Agro-real estate model combining land + farming
Palmrich isn’t just land for speculation. The idea is that you buy plots/hectares which have oil palm trees planted (or will be planted), and you get income from harvests (palm oil, kernels etc.) and the land can appreciate.
2. Long-term income
They advertise that investing a hectare in the “palm tree zone” secures an income stream for 50–70 years. This means once the palms mature, you can expect recurring returns.
3. Potential land value appreciation
As infrastructure improves, as demand for agro-food & palm oil rises, and as the area becomes more developed, your plot of land might increase in value beyond just what comes from the oil palm itself.
4. Flexible payment plans / access
They appear to offer mortgage plans via AG Mortgage Bank, allowing you to pay over time (e.g. up to 36 months in some cases) rather than outright. This reduces the barrier to entry.
5. Retirement / Passive Income
Palmrich is being pitched as a retirement plan: over decades you get income without having to do the heavy day-to-day work (if you opt for their full management), plus an asset your heirs may inherit.
6. Growing sector / strong demand locally
The Nigerian palm oil sector is strong and growing. Demand is high, import substitution (making more locally) is a priority, and palm oil has many uses (food, cosmetics, etc.). So there is a market.
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