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Firm News
Prestige at Hampton – Progress Update (February, 2023)
Prestige at Hampton is a collection of ten 5-bedroom deluxe villas designed to provide you with the necessary comfort using modern technology and aesthetically pleasing architectural designs. It is situated in Palm Springs, behind Nicon Town, Ikate, a family-friendly neighbourhood, fully serviced and equipped with ecofriendly facilities. It’s no secret that Prestige at Hampton is moving fast, and we’re excited to share some of the
What ESG is and why it’s important to us at HEREL
You might be a sustainability buff and know what ESG is, or you’ve casually heard about it, or maybe you have not at all and that’s okay. Let’s have a quick refresher or, introduction, depending on what the case is for you. ESG stands for Environmental, Social and Governance. They are non-financial factors investors use to measure an investment or company’s sustainability. It is a
HEREL Bringing Ghost Buildings Back to Life (Vol. 1) – The Lagos Manor
Although general residential vacancy rates in Nigerian urban centres are low currently, there seems to be a “ghost building” phenomenon in the highbrow areas- particularly Ikoyi and Victoria Island in Lagos. From conversations, people suggest that these deserted properties exist because of a disconnect between their costs and the value potential buyers or tenants believe is being offered. The history of a city is important
How HEREL Is Redefining Living Experiences In Nigeria
On Sunday, 29th May 2022, Real Estate and Hospitality development firm HEREL welcomed real estate agents and enthusiasts into its community through their new initiative tagged ‘The HEREL Circle’. Created to foster community building beyond physical structures, The HEREL Circle offers people the opportunity to earn supplementary income by being a part of a group that provides awareness, offerings, and exclusive insights into the premium developments within the
Why We’re Empowering Youths in the Real Estate Sector – HEREL
HEREL, a real estate development and investment firm, says its commitment to training the younger generation of Nigerians in the real estate sector is to expose them to inherent opportunities and tackle the scourge of unemployment in the country. HEREL recently organised a seminar for the youths at its Boardroom Apartments in Lekki, Lagos, with the theme “establishing yourself in the real estate space.’’ According
Poor Documentation Dampens Real Estate Investors’ Appetite
POOR documentation and lack of access to finance are major challenges facing real estate investors in Africa’s biggest economy, experts have said. The experts, who spoke at BusinessDay’s maiden Property Investment Show in Lagos on Friday, said fixing the challenges would require the conscious efforts of all stakeholders, and increase investors’ willingness to make long-term commitments, drive innovation and boost the real estate market Obinna
OLAPOSI LAWORE: A DYNAMIC UNILAG AMBASSADOR REDEFINING EXCELLENCE THROUGH HEREL
Hard work can be painful to many professionals whose lives are devoid of purpose. For Olaposi Lawore, it is just a vehicle through which his intellectual capacity and integrity have been brought to national reckoning. As a relatively young leader, Olaposi has continued to bring innovation and inventive judgment to bear as a thoroughbred manager with a flair for deploying innovative ideas and cost-effective execution
Premium Real Estate Company; HEREL Expands Its Portfolio and Operations
Premium Real Estate Company; HEREL Expands Its Portfolio and Operations Launched in 2021, premium real estate investment company HEREL has expanded its operations to include real estate development in addition to its hospitality and investment arms. With this expansion comes the addition of the new portfolios, clientele, asset under management and management staff acquired from Dynasty Real Estate, a subsidiary of VFD Group. The organisation
HEREL, Real Estate Investment Company Raises N20BN, Invests in HSE Gourmet
In a bid to increase the value of real estate investments in Nigeria and provide more alternative sources of investments, HEREL, a real estate investment company, headquartered in Lagos, announces its commitment to open its door to strategic investors, just as it successfully raises N20bn in capital. The company which has an asset base of over N16.8bn is focused on delivering exponential returns and shaping
The HEREL Story
Real estate has always and continues to be a major alternative investment platform around the world. However, while being adopted by many, the yield on real estate investments are typically low, ~6% per annum. With keen interest, lots of expertise and desire for growth in the real estate industry, the HEREL team sort to create a system that allows for the increase in the value
Market News
How HEREL Is Redefining Living Experiences In Nigeria
On Sunday, 29th May 2022, Real Estate and Hospitality development firm HEREL welcomed real estate agents and enthusiasts into its community through their new initiative tagged ‘The HEREL Circle’. Created to
Poor Documentation Dampens Real Estate Investors’ Appetite
POOR documentation and lack of access to finance are major challenges facing real estate investors in Africa’s biggest economy, experts have said. The experts, who spoke at BusinessDay’s
Shared Living, The New Side to the Real Estate Industry
Shared living is a housing arrangement presently gaining traction in the real estate scene, especially in locations with a young population. Inspired by boarding accommodation for students to
The Future of Real Estate Investment
According to Forbes, the real estate industry has created more billionaires than any other access class. It has also been the go-to investment for those looking to build
What ESG is and why it’s important to us at HEREL
You might be a sustainability buff and know what ESG is, or you’ve casually heard about it, or maybe you have not at all and that’s okay. Let’s
