₦airaland Forum

Joint venture comprises of two or more individuals form a partnership where they agreed to jointly undertake a real estate project to completion. While creating the Joint Venture otherwise known as JV, the partners involved looked out for current and future benefit and profit from the resulting partnership.

Joint Venture in real estate, mostly comes to establishment when one party may have land and the other party provide the capital to fund and complete the real estate project and this mostly executed by developers.

Real estate development in Nigeria is an expensive process considering cost of building materials and rising of cost inflations/importation. So, transferring these part to a developer is beneficial to the land owner as the owner is able to potentially profit more than if he had sold the land undeveloped.
The money that can be expected to be returned to the land owner can come in a variety of ways and is often a combination of such. Depending on how the deal is structured, the land owner may receive an upfront payment, or a share of the developed properties.
The property developer profits as they would not to put money down to purchase the said land for development, before eventual sale. In essence, initial costs for the developer are significantly reduced and the building process can be quickened. Thus making it a win-win situation to the parties and the partnership is established on a mutual agreement between the land owner and the property developer to develop the landed property into an agreed structural designed; office complex, shopping mall, residential flats/apartment, detached or semi-detached house or others.

In going into Joint Venture, sharing agreements is also factor into the transaction as factors like; land cost, location, statutory regulation on number of floors, approval costs, site preparation, interest rates and duration of the proposed all have to be considered.

Joint Venture can however be established and secured through Real estate professionals such as Estate Surveyor and Valuer, Friends, Colleage or real estate listing through advertising.

It is important to note that joint ventures are fundamentally built on relationships. The stronger your relationship with a prospective partner the easier it will be to strike a deal.
When it comes to real estate joint ventures, working with an Estate Surveyor and Valuer are the easiest and least stressful way of finding a deal. This is true whether you are a land owner looking for a developer or a developer looking for a land owner. Estate Surveyors and Valuers have the necessary expertise and contacts to make both parties happy.

Joint ventures establishment can be a better way to fund a project and become property owner in Nigeria or other desired location of choice and it is commonly a win-win situation for both parties coming together for the partnership usually the land owner and the developer. The most important thing is to engage the professional the Estate Surveyor and Valuer with good knowledge of what these deals actually involve and how agreements are structured.
CONTACT US AT ANENE AND ASSOCIATES on more investment tips.

STILL AVAILABLE!!

STILL AVAILABLE!!
Newly renovated 3 Bedroom flat for office use at Oduyemi Street, Anifowoshe, Ikeja. N1 Million Per Annum.
Interested?...Contact 08181829306, 08162750834 Whatsapp: 08021196543

HOT!!
Newly renovated 3 Bedroom flat for office use at Oduyemi Street, Anifowoshe, Ikeja. N1 Million Per Annum.
Interested?...Contact 08181829306, 08162750834 Whatsapp: 08021196543

STILL AVAILABLE!!

AVAILABLE!!

Happy Eid-El-Fitr!

STILL AVAILABLE!

Happy Monday All....Still Available....

Still Available!!

STILL AVAILABLE!

Newly renovated 3 Bedroom flat for office use at Oduyemi Street, Anifowoshe, Ikeja. N1 Million Per Annum.
Interested?...Contact 08181829306, 08162750834

Newly renovated 3 Bedroom flat for office use at Oduyemi Street, Anifowoshe, Ikeja. N1 Million Per Annum.
Interested?...Contact 08181829306, 08162750834

Still Available!!

Newly Renovated 3 bedroom flat for office use at Oduyemi street, Anifowoshe, Ikeja.
Rent:N1 Million P/A .
Call 08181829306;08162750834.
N.B: Walls will be repainted

For lease:
Newly renovated 3 bedroom flat for office use at oduyemi street, Off Awolowo way, Anifowoshe-Ikeja. N1 Million per annum.
(NOTE; Walls will be repainted)
Interested?.... Call 08181829306;08162750834

For lease:
Newly renovated 3 bedroom flat for office use at oduyemi street, Off Awolowo way, Anifowoshe-Ikeja. N1 Million per annum.
Interested?.... Call 08181829306;08162750834

Newly Renovated 3 bedroom flat for office use at Oduyemi street, Anifowoshe, Ikeja.
Rent:N1 Million P/A .
Call 08181829306;08162750834.
N.B: Walls will be repainted

Newly Renovated 3 bedroom flat for office use at Oduyemi street, Anifowoshe, Ikeja.
Rent:N1 Million P/A .
Call 08181829306;08162750834.
N.B: Walls will be repainted

Newly Renovated 3 bedroom flat for office use at Oduyemi street, Anifowoshe, Ikeja.
N1 Million P/A (2 YEARS RENT ACCEPTABLE).
Please Call: 08181829306;08162750834

For lease:
Newly renovated 3 bedroom flat for office use at oduyemi street, Off Awolowo way, Anifowoshe-Ikeja. N1 Million N800,000 per annum.
Interested?.... Call 08181829306;08162750834

Newly Renovated 3 bedroom flat for office use at Oduyemi street, Anifowoshe, Ikeja.
N1 Million P/A (2 YEARS RENT ACCEPTABLE).
Call 08181829306;08162750834

More Pictures....

For lease:
Newly renovated 3 bedroom flat for office use at oduyemi street, Off Awolowo way, Anifowoshe-Ikeja. N1 Million per annum (2 years rent acceptable).
(NOTE; Walls will be repainted)
Interested?.... Call 08181829306;08162750834

Newly renovated 3 Bedroom flat for office use at Oduyemi Street, Anifowoshe, Ikeja. N1 Million N800,000 Per Annum.
Interested?...Contact 08181829306, 08162750834 Whatsapp: 08021196543

Urgent request:
- Prime waterfront land between South west Ikoyi, and Victoria Island on 1500 SQM- 2000 SQM for purchase.
- Office space (Preferably a 2/3 bedroom) at Ikeja for lease. Budget: N800,000 P/A

Please contact:
ANENE & ASSOCIATES
(ESTATE SURVEYORS & VALUERS)
No 20, Oduyemi Street, Off Obafemi Awolowo Way, Anifowoshe Ikeja.
Tel: 08033344081; 08181829306; 08169916411
Email: aneneandassociates@yahoo.com

Serviced office space needed at Oba Akran, Adeniyi Jones or Obafemi Awolowo way, Ikeja.
Landsize: 100-130 Square Metres.
Budget: Open
Call: 08021196543, 08162750834

For Lease & Sale: A Wing of 5 Bedroom duplex with 2 rooms at 211 road,Festac.
Rent: N5 Million Per annum
Price: N100 Million
CONTACT:
Anene & Associates
20, Oduyemi Street ,Off Awolowo, Ikeja-Anifowoshe, Lagos.
Call: 08021196543, 08033344081, 08169916411
Email: aneneandassociates@yahoo.com
Website: www.aneneandco.com

An Industrial trainee is needed at Anene & Associates (Estate Surveyors & Valuers).
Requirements:
Applicants must either have a degree in Estate Management or currently be an undergraduate of the course.
Interested parties should send their Curriculum Vitae(CV) to aneneandassociates@yahoo.com

For Sale: 1150 SQM Land at Twinlake Estate by Chevron, Lekki. N200 Million.
Contact:
Anene & Associates
20, Oduyemi Street ,Off Awolowo, Ikeja-Anifowoshe, Lagos.
Call: 08021196543, 08033344081, 08169916411
Email: aneneandassociates@yahoo.com
Website: www.aneneandco.com

An Industrial trainee is needed at Anene & Associates (Estate Surveyors & Valuers).
Requirements:
Applicants must either have a degree in Estate Management or currently be an undergraduate of the course.
Interested parties should send their Curriculum Vitae(CV) to aneneandassociates@yahoo.com