Buildings Hold More Value Than We Realize

As I'm writing this article, I’m currently admiring the view from my office window which faces the Burj Khalifa. I'm thinking about two things

1. Wow what a tall building
2. How does one build a property like that?

Have you ever wondered how tall skyscrapers and buildings stay so intact without collapsing? The Burj Khalifa is 163 floors tall and it's perfectly stable... that is no accident. When we look at properties, we don’t think of the systems put in place in order to ensure that they are safe.

So, what would happen if the Burj Khalifa collapsed? Well, I certainly hope this $1.5 billion dollar building is covered by insurance.

If you think deeply about it, buildings are more than just bricks and concrete. Buildings hold sentimental value, a place of worship, a place where we see our children take their first steps and many are famous landmarks that are recognized worldwide.

Millions of people purchase plane tickets to travel hundreds of thousands of miles to visit the Taj Mahal or the leaning tower of Pisa which fuels the tourism industry. Even the retail industry profits fiercely from selling home ornaments of buildings worldwide. The beauty of buildings is not only celebrated in Hollywood films, but also on social media platforms worldwide as many people appreciate the appealing aesthetics of buildings #selfie.

The real question is, what is involved in creating buildings?

From Architects, Project Managers, Structural, Civil, Mechanical and Electrical Engineers, Quantity Surveyors to Financial Analyst and Building Technologists there are so many important people who all contribute to the success of a building. The Eiffel tower, the empire state building, Britain's Big Ben and Nigeria's ‘ship house’ was not built over night and Rome was certainly not built in a day.

From the Stone Age where ancient cave men gathered stones and hunted in the wild, to the era of civilizations and empires where Greek methodology was the 21st century's version of ‘star signs’, to the late Middle Ages where ‘orange was the new black plague’, to the age of enlightenment where there was a cultural rebirth, all the way to the Victorian Era where special balls commenced in gold castles... Throughout history architecture has developed immensely.

The real estate industry was first introduced in London in 1666. Today the real estate industry is one of the most prominent industries in the world. It is growing at a fast rate as the global real estate market has increased from $8.9 trillion in 2018 to $9.6 trillion in 2019. This figure alone shows the competitiveness of the real estate sector and how it holds great value.

Jide Taiwo & Co - A Sectorial Icon in Nigeria

Jide Taiwo & Co was established in 1980 by Chief Jide Taiwo. This Nigerian born firm has been highly successful in the Nigerian real estate market. This highly known firm is a corporate member of the Nigerian Institution of Estate Surveyors and Valuers (NIESV).

Accurate and genuine valuations are non-negotiable in the real estate market – Taiwo & Co understand this. Many factors rely on accurate valuations such as lending criteria, risk management, performance assessment, sale advice, purchase, optimization of value and third-party foundation. With 22 offices in Nigeria, Jide Taiwo & Co team of 220 professionals are committed to providing a premium service which can be trusted every time.

The core values that Jide Taiwo & Co hold close to heart are;

  • Professionalism
  • Integrity
  • Discipline
  • Client's Satisfaction
  • Innovativeness

The outstanding customer service and trust that they have with their clients are a true reflection of these values.

What services do Jide Taiwo & Co offer?

Jide Taiwo & Co offer many services in several different areas:

Valuation

  • Asset Valuation
  • Development Valuation
  • Commercial and Industrial Valuation
  • Educational Sector Valuation
  • Power and Energy Sector Valuation
  • Expert Witness and Dispute Resolution
  • Agric and Agro Allied Valuation
  • Hotel and Hospitality Valuation

Agency

  • Letting Services
  • Selling/Buying Properties
  • Short Let Services

Facility Management

  • Commercial/Office Space Management
  • Residential Property Management
  • Portfolio Estate Management
  • Shopping Mall/Retail Centre Management

Public Sector

  • A lease advisory team specializes in minimizing lease exit costs
  • Professional services in the following areas to ensure realization of set goals within reasonable time frame and cost limit
  • Representing owners of acquired properties on compensation assessment, verification and claims
  • Representing Government or Corporate Organizations on all land acquisition and compensation matters
  • Rendering relevant professional advice to individuals and corporate bodies on PUBLIC PRIVATE PARTNERSHIP relationships
  • Receivership /Recovery Services on behalf of Clients in event of insolvency or liquidation
  • Processing of Governor's consent on subsequent land transactions

Advisory & Consultancy

  • Building and Project Development
  • Rating Services

New Things are Coming

Jide Taiwo & Co use their website to showcase the properties they have across 30 offices. However, on the 4th of October they opened their website to landlords, developers and external real estate agents to showcase their properties on Jide Taiwo & Co’s platform. Jide Taiwo & Co are a vessel for many professional firms to display their resources which further leads to competitive advantage. In Nigeria, there are multiple sites run by tech firms which enables agents to showcase their properties. Jide Taiwo & Co have chartered surveyors who go beyond creating a site to verifying the properties as they take on the responsibility that anyone who gets a property from their site get a full professional service. The clients also have access to valuation, property management, facility management and advisory services from the site - they always go above and beyond for their customers. At the moment all new landlords, agents and developers who have registered, have access to a dashboard customized to their needs to they can view valuable immediate data on how their properties are performing. Jide Taiwo & Co will be introducing free education for everyone registered with them. In the first quarter of 2022, they will have launched a new exclusive app. There premium app is a place where all of their thousands of clients should all have access to their own dashboards and the ability to save towards their rents (tenants), property repairs (landlords) and access to Finance (developers). Big things are coming from this company In the UK and we are excited to see how they progress.

Why Expand to the UK Real Estate Market?

In 2021, Jide Taiwo & Co have entered the UK market as “JIDE TAIWO & Co UK LTD.” The UK real estate and property management market is one of the most mature, liquid and diverse in the world. For investors, that translates into the potential to generate a high, stable income stream and capital growth over the long run. This long-term potential remains intact despite any potential short-term market volatility as a result of the UK vote to leave the European Union (EU).

The Main Benefits of Expanding your Business to the UK

Free education for children under 18
Access to the best universities
Free health care
(NHS)
Access to highly skilled workers
Safety and security for your family
Route to
citizenship

Jide Taiwo & Co and Their Journey into the UK with Horizon Immigrations

At Horizon Immigrations we are proud to say that we held Jide Taiwo & Co’s hand the through the full process of their business expansion to the UK. It was a pleasure working with this firm as we have formed such a trustworthy relationship with them. Jide Taiwo & CO UK LTD is certainly one to watch for the future.

If Jide Taiwo & Co’s venture into the UK has taught us one thing..its that sometimes we have to take those necessary risks needed to grow. Let this article be a reminder that you too can expand your business to the UK. Allow Jide Taiwo & Co to inspire the passion and drive inside you to achieve greater things.

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