Real estate : the real deal Mary Anne Zita

By: Publication details: Nairobi Financial Post Ltd. January 31- February 6, 2011Description: p.1, The Financial Post, January 31- February 6, 2011Subject(s):
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Summary: The strategy of cash pooling which is sharing ownership through partnerships or groups, is the wave of the future in real estate. Today, smart investors are forming groups that can buy prime properties. Would you rather own 10% of a 50 million property than all of a 2 million house? Though real estate investment groups are in vogue and reward handsomely, it is not all a walk in the park.
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The strategy of cash pooling which is sharing ownership through partnerships or groups, is the wave of the future in real estate. Today, smart investors are forming groups that can buy prime properties. Would you rather own 10% of a 50 million property than all of a 2 million house?
Though real estate investment groups are in vogue and reward handsomely, it is not all a walk in the park.

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