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2 Of the Most Lucrative Land Deals in the History

  • Dayo Adetiloye Business Hub

2 Of the Most Lucrative Land Deals in the History

2 Of the Most Lucrative Land Deals in the History
2 Of the Most Lucrative Land Deals in the History

 

The history of investing money in land sector is long enough and goes back to very old  times. The real estate industry sees some huge land deals nowadays, it can be the $200 million Penthouse in New York or the $2 billion Antilla building in Mumbai. But even  these deals pale when compared to some historical land deals. Of course, you won’t buy a piece of land for $24 worth of goods, but there are some great deals available on https://jiji.ng/land-and-plots-for-sale. In meantime, a bit of history on the juiciest land deals ever.

The Manhattan Purchase

2 Of the Most Lucrative Land Deals in the History

We all heard the story how the Dutch settlers bought Manhattan island for 60 guilders ($24) worth of trinkets from the Native Americans  in 1626. But there is more to it. Funny or not, but  the Dutch got scammed by the Indians and purchased the island from the wrong people. Turns out that Peter Minuit,  who was General Director of the Dutch West India Company’s colony of New Netherlands, actually purchased Manhattan from the Canarsee tribe, who were Brooklyn based and were by no means the rightful owners. They used Manhattan island sometime, only to relax and fish. So when the Dutch showed up wanting to buy the land, Canarsees accepted the offer.  And finally, when the rightful owners showed up, they contested the purchase and the Dutch had to pay again. So they paid twice and later gave it up to keep control of another colony in South America. Now, land in Manhattan is valued at $2000 per square foot.

2 Of the Most Lucrative Land Deals in the History

The Alaska Purchase

 

2 Of the Most Lucrative Land Deals in the History

One of the largest land deals in history is The U.S. purchase of Alaska from Russia in 1867. Many people seriously believe that the land was never sold, but leased for 99 years, and by the end of the lease term  Brezhnev never requested to take it back. The real reason for selling Alaska is still unknown. According to one version, the emperor agreed to this deal to pay off country debts. In 1861 the emancipation reform abolished serfdom throughout the Russian Empire and the government had to pay compensation to its landowners. But treasury was empty so Tsar Alexander II had no other choice but to borrow money. Rothschilds lent him 15 million pounds sterling at 5% per annum. However, when the time came to pay the debt, the Russian Empire government simply did not have the money. Then the younger brother of Tsar, the Grand Duke Konstantin, offered to sell “something unnecessary” for the Empire. Alaska turned out to be the most unnecessary thing in Russia. Another version is that country had fought the British in the Crimean War and lost, so the Russian emperor, Alexander II, decided to sell Alaska as he was afraid that his colony could become a target and would be easily captured by the British if there was another conflict to happen. Finally, on March 30, 1867 at 04:00 after all night negotiations the treaty was signed with the purchase price set at $7.2 million ($123 million today), or about 2 cents per acre or $4.74/km2.

2 Of the Most Lucrative Land Deals in the History

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Lets connect

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Dayo Adetiloye Business Hub is a grassroot business development service provider with a 6 year of track record of excellent service delivery for local and international clients.

As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).

Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.

Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.

We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.

Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community

Mission Statement:
– Provide bespoke management and business planning consultancy
– To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
– To inspire, empower and champion entrepreneurship in the global online community.

Business Goals and Objective

– Engender national prosperity by contributing to the creation of at least 100 new businesses every year
– Become a go-to brand for outstanding business development services for MSMEs
– Strategic partnership with local and international organization to empower start-ups
– Continuous innovation to serve our clients better

Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
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