Breaking News

Investors should consider opportunities REIT offers – Etoniru

Kindly Share This Story:

By Tolulope Oke

Managing Partner of a leading real estate firm, Joe Etoniru and Associates, Mr. Chidi Etoniru, has said the Real Estate Investment Trust, REIT, offers an alternative way to invest in property.

Mercy Aigbe slams those attributing her financial success to men(Opens in a new browser tab)

He explained that REIT does not just own property, but manages property on behalf of shareholders.

Etoniru said this yesterday in Lagos while briefing newsmen on the latest innovations in the industry by his firm.

His words:” One of the steadiest sources of legitimate wealth is an investment in real estate.  At some point, your mind pictures having houses and lands. You probably tell yourself it isn’t as easy as it sounds and forgets totally about the idea. But the truth is that you also probably never heard that you can invest in real estate without buying a property or becoming a landlord.

SEC begins refund to investors of Dantata ponzi scheme(Opens in a new browser tab)

“You don’t need a lot of money for this investment. Before we dive deep into this investment opportunity, let us get familiar with it. One of the investment opportunities that real estate offers is Real Estate Investment Trust, REIT. People hardly talk about it because lots of individuals are not aware of the possibilities locked in it. REIT is a company that owns and, in most cases, manages a property on behalf of shareholders.

“Essentially, real estate investment trusts offer an alternative way to invest in property. If you’re considering investing in buy-to-let, REIT is a good option since it has the benefit of giving you access to a portfolio of property without having to own a single house and without the complications that accompany being a landlord. REITs allow investors to share ownership in non-residential property like hotels, malls, and commercial property.”


Kindly Share This Story:
All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.
Do NOT follow this link or you will be banned from the site!