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Cocoon's Background

“Building on the Past; Planning for the Future”

Cocoon Homes is an innovative real estate development company providing desirable lifestyle homes within mixed use communities in major cities across Nigeria. The company was established in April 2013, with Monument Development (Nigeria Ltd) and Silk Invest (UK) Ltd as its founding shareholders.

Cocoon Homes is committed to developing well-designed, comfortable, durable and affordable homes of good building standard to the Nigerian market. In doing this, Cocoon Homes, in conjunction with other institutional and private developers and organizations, aims to contribute to ongoing efforts to eradicate slums and provide much needed housing to the populace.

“Our focus is on meeting pent-up housing demand in major cities across the country”

Our pilot project, Cocoon Atlantic, will be developed in the commercial city of Lagos with plans to expand to other urban cities in Nigeria. With our team of local and international partners who have extensive know-how and expertise in developing residential, leisure and commercial building projects, we are poised to maximize the potentials of the property market in Nigeria, while keeping the expectations of our clients as our top priority.

The company’s ethos is to be ethical and transparent in its business practices and the development of high quality real estate.

Vision & Mission Statements

Mission Statement

Our Mission is to consistently deliver the most desirable homes at a good value to the Nigerian populace.

Vision Statement

To be the most sought-after provider of homes in our chosen locations.

Why invest in Cocoon Homes?

Lifestyle

At Cocoon Homes, we develop communities that offer a level of lifestyle unmatched in this segment.

Creative & functional homes

Our real estate developments are meticulously planned with great attention to detail, functionality, aesthetics, and innovation in mind.

Quality & standards

Cocoon Homes partners with highly experienced consultants to deliver high quality homes while ensuring standards are met.

Prime location

Our locations are carefully selected, so that families can live in safe and vibrant communities, with good infrastructure and commercial services.

Payment plans

We offer an affordable and well spread-out off-plan payment structure.

A sound investment

Cocoon Homes offer the opportunity for capital appreciation and good rental yields for discerning investors and homebuyers looking to secure their future.

Energy Efficiency

Our forward thinking engineers designed for energy efficiency. Among the benefits likely to arise from energy efficiency investments our energy efficient buildings are: Reduced electricity use for lighting and domestic type appliances, and therefore cost saving.

Water Efficient

Our treatment infrastructure, which includes filtration and disinfection, will ensure water is of a suitable quality for its intended use.

Customer Services

Our property experts are available to assist in every step of the way from financing your property to moving into your new homes.

Board of Directors

November 2017

click image for information

  • DR. WASEEM KHAN
    DR. WASEEM KHAN
  • FAISAL IMAM
    FAISAL IMAM
  • ZIN BEKKALI
    ZIN BEKKALI
  • FEMI SUNMONU
    FEMI SUNMONU
  • FAROUK IMAM
    FAROUK IMAM
    Managing Director

Management Team

November 2017

click image for information

  • FAROUK IMAM
    FAROUK IMAM
    Managing Director
  • YOUSSEF ELOUARDY
    YOUSSEF ELOUARDY
    Technical Advisor
  • OLUMIDE JOSEPH ODEWOLE
    OLUMIDE JOSEPH ODEWOLE
    Finance
  • ANDREW OKOLI
    ANDREW OKOLI
    Sales & Marketing

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DR. WASEEM KHAN

Dr. Waseem Khan is the Chief Investment Officer and Managing Partner at Silk Invest Limited, in charge of Alternative Investment Strategies. Prior to this, Dr. Waseem was the Senior Investment Advisor at Abu Dhabi Investment Authority and Chief Economist and Head of Capital Markets, Kuwait Investment Authority. In addition he was also the Head of Investments, Wealth Management Middle East for Citigroup. Dr Waseem holds an MBA, PhD (Claremont Graduate University) and CFA.

FAISAL IMAM

Faisal Imam serves as the Managing Director and cofounder of Monument Group. Faisal Imam has overall responsibility for deal origination, new ventures, fund raising, and the development and exit of investments made by the Group in private and public companies. He holds an MBA from the University of Wales (Cardiff), a BSc in Accountancy from University of Maiduguri (Nigeria) and a postgraduate diploma in Marketing from the Chartered Institute of Marketing in England and Wales (DipM).

ZIN BEKKALI

Zin Bekkali is the CEO and founder of Silk Invest, a specialist fund manager focused on frontier markets in Africa, the Middle East and Asia. Silk Invest is one of the leading frontier markets managers with staff from over 10 different frontier markets and it manages a range of products including an African private equity fund and pan-African equity fund. Before creating Silk Invest, Zin worked for ING Investment Management, Bain, Ahold and Fortis Investments. Zin has a M.Sc. in applied Econometrics from the University of Amsterdam, has completed his MBA at London Business School and is CFA Charter holder.

FEMI SUNMONU

Femi Sunmonu is a Partner at Aliant® – an international law practice and doubly serves as head of the Africa Practice. Prior to his co-founding Aliant®, he was practice leader at the Nigerian firm Femi Sunmonu & Associates\Qais Conrad Laureate. Starting out as a legal practitioner in Kano, Nigeria, he has garnered experience in privatization and regulatory reform programs, telecoms, construction and real estate, manufacturing, oil and gas and financial services. Femi graduated from the Obafemi Awolowo University at Ile-Ife Nigeria, is admitted to the Roll of the Supreme Court of Nigeria both as a legal practitioner and as a Notary Public.  Femi was sometime member of the Council of the Nigeria Bar Association Section on Business Law and enjoys reading traveling and being with his family. Femi was appointed to the board of Cocoon Atlantic Limited in December 2016.

FAROUK IMAM
Managing Director

Farouk is the CEO of Cocoon Homes and has played a key role in the venture since its conception. Farouk has been an Executive Director of the Monument Group since 2004, managing the Groups principal investment firm, as well as taking overall responsibility for Monument’s real estate business. Previously, Farouk served as a non-executive director on the board of Vanso Nigeria Limited, and as a production/facilities engineer with Canadian Petroleum. Farouk holds a Masters in Mechanical Engineering (M.Eng.) from Imperial College, London and an MSc in Investment Management from the Henley Business School (University of Reading).

FAROUK IMAM
Managing Director

Farouk is the CEO of Cocoon Homes and has played a key role in the venture since its conception. Farouk has been an Executive Director of the Monument Group since 2004, managing the Groups principal investment firm, as well as taking overall responsibility for Monument’s real estate business. Previously, Farouk served as a non-executive director on the board of Vanso Nigeria Limited, and as a production/facilities engineer with Canadian Petroleum. Farouk holds a Masters in Mechanical Engineering (M.Eng.) from Imperial College, London and an MSc in Investment Management from the Henley Business School (University of Reading).

YOUSSEF ELOUARDY
Technical Advisor

Youssef Elouardy presently advises Cocoon Homes on project development and execution. He previously served as the technical director at Cocoon Homes from 2015 to 2017, during which he had overall responsibility for taking new projects from concept to product delivery. Prior to joining the company, Youssef was the country Managing Director of Alliances Development in Ivory Coast and previously project director at Alliances Darna in Morocco. He has managed projects worth over US$1.1 billion and managed the construction of over ten thousand housing units in Morocco and Ivory Coast. He has a Master’s degree in Employer and Property Management from the Special School of Public Works Building and Industry of Paris, a diploma of Engineering from Hassania School of Public Works, Civil Engineering in Casablanca, Morocco.

OLUMIDE JOSEPH ODEWOLE
Finance

Olumide Odewole plays a major role in the strategy, planning and provision of financial leadership for Cocoon Homes. Prior to joining the Company in May 2017, Olumide was the Chief Finance Officer of a real estate development firm. His other experiences include Corporate Finance and Governance Consultant for a leading business and management Consulting firm in Nigeria, Finance and Strategy Manager for a leading downstream oil and gas company in Nigeria, Core Planning Manager for a telecommunications consulting firm in Nigeria, and Accounts Manager and Tax Accountant for a leading FMCG company in Nigeria.

Olumide is a qualified accountant (ICAN and ACCA), and he holds a Bachelor of Science Degree in Accounting from the Oxford Brookes University (UK).

ANDREW OKOLI
Sales & Marketing

Andrew Okoli graduated from the University of Lagos and started his work experience at Diya Fatimilehin & Co. He has been involved in financing and sale of several small, medium and large scale projects across the nation with over 14 years work experience in property sales and valuation, project financing and mortgages. He has within this period worked with Mortgages PHB, Homebase Mortgage Limited and Imperial Homes Mortgage Bank Limited before joining Cocoon Homes as Group Head of Sales and Marketing.