To address the housing deficit, investors globally have been urged to co-own prime real estate assets in Western countries like the United States, United Kingdom, Europe, Dubai, and Nigeria through the blockchain app.
According to Parkinson,“On our platform, a bank staff, a businessman, and a civil servant can co-own fractions of a prime real estate asset without breaking the bank. Handful investors have used this opportunity to co-own real estate assets in places like Dubai and the UK. Such assets would not disappear, in a market that is stable, and that has constantly performed above the inflation rates.”
Asked how the organisation would address issues of fake title deeds, the Chief Legal Officer of Ellamediate, Oluwatobi Adetona assured investors: “On the platform, a person can purchase real estate assets without fear of bad title, being swindled, or having to deal with middlemen or third parties usually associated with the traditional real estate transactions. These are all made possible through the presence of strategic partners that play a key role in ensuring the safety of transactions, the safety of title, and the safety of assets via our platform.
“We partnered with Allied Trust Asset Management Limited to manage the assets of our customers and also ensure returns on assets are maximized and used for its specific purpose. This partnership holds the interest of landlords on Ellamediate at top priority by ensuring accountability and accuracy of financial statements since it is checked regularly using global standards. We have also partnered with United Bank for Africa (UBA Group), Global Investors Services Division, to keep the title documents of all assets purchased by our customers secure.
“What this means is that title documents of all properties on Ellamediate are kept by the Custodian who not only guarantees the safety of assets and title but also ensures accountability between Ellamediate and its customers. This shows once again that the landlord’s best interest is the top priority at Ellamediate. We are guaranteeing our customers safety of assets and money while also eliminating all bottlenecks associated with the traditional real estate sector”.
Source:vanguard.ng
The Lagos State Government, through the Lagos State Physical Planning Permit Authority (LASPPPA),...
5 days ago Read MoreThe Federal Government has expanded the Abuja-Kaduna-Kano Road project to incorporate a direct...
11 days ago Read MoreThe Federal Capital Territory Administration (FCTA) has taken possession of Wadata Plaza, the...
19 days ago Read MoreDefaulters on FCT ground rent now have 14 days grace to pay up what they owe the FCT Administration...
19 days ago Read MoreUnprofessional practices by estate agents in major cities are significantly influencing the spike...
a month ago Read MoreA Real estate development firm, Lifecard International Investment Company, has revealed that many...
a month ago Read MoreDespite a fall in investment volumes from the 2021 peak, there is an ongoing desire for property...
a month ago Read MoreThe Lagos State government has advised the leadership of the Nigerian Institution of Estate...
a month ago Read MoreReal estate market dynamics such as construction cost, land, finance, government policies and taxes...
a month ago Read MoreEvent Set to Celebrate Managers Who Shape Careers and Drive Organizational Growth Business...
2 months ago Read MoreGlobal Leaders to Converge in Lagos for Landmark Event Driving Urban Innovation and...
2 months ago Read MoreIn a bold move to redefine affordable luxury housing, Nigerian real estate giant Gtext Holdings has...
3 months ago Read MoreIndustry Experts Urge Anti-Corruption Measures, Innovative Financing to Address Crisis By: Oche...
3 months ago Read MoreLAGOS, NIGERIA – Global real estate consultancy Knight Frank and UK developer Mount Anvil...
3 months ago Read MoreBy Oche Onum Lagos, Nigeria As Nigeria’s real estate sector braces for 2025, rapid...
3 months ago Read MoreBy Oche Onum Abuja, Nigeria In a landmark move to combat climate vulnerabilities in urban...
3 months ago Read MoreLAGOS, NIGERIA The Federal Government announced plans Wednesday to establish a Real Estate...
3 months ago Read MoreAccording to The Guardian's investigation, 70% of Nigerian states rely on manual land...
3 months ago Read MoreWhat is the Initiative? The Federal Government of Nigeria has unveiled an N100 billion private...
4 months ago Read MoreAbuja, Nigeria’s gleaming administrative capital, has long symbolized hope for migrants...
4 months ago Read More