2006-08-16

Land Banking

Not an unfamiliar concept nor activity for me, but prompted by a recent unsolicited event, I decided to check out the current state of the market.
A Definition
http://www.investorwords.com/2715/land_banking.html
Caveat Emptor
http://www.jenman.com.au/NewsArticles1.php?id=154
The middlemen are basically aggregators of investment funds from many individuals.
Slightly different from a Real Estate Investment Fund (REIT).

Africa, are you ready for land banking ? I should think holding power for 250 years is sufficient.

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