Our Services

• Agency & Development

• • Providing the right answers for you and/or your business
    A key essential to service for clients who are restructuring, expanding or developing their property portfolio is our market reach which extends across Lagos and a wide range of property types:

    • Leasing & Sales
    • Acquisitions
    • Development Consultancy
    • Strategic & Tactical Marketing

    We provide flexible solutions based on our team expertise and local market knowledge which ensures success of your transaction.
    We identify ideal locations and advise on the structure of transactions to ensure that your business needs are met now and in the future.
    Owners need confidence that their property assets are an effective income-generating resource. We advise on the right kind of marketing campaigns to secure the right tenants that will provide the optimal return on your investment and on such matters as rent reviews and sub letting or assignment.
    Developers have unique requirements - they must be sure that a chosen development route will maximize returns on their investments. We provide advice that is built on expertise and experience, from site acquisition, pre-development planning, demand and competition analysis, right through to letting and selling the completed scheme.

• Asset Management

  • Maximizing the performance of your property

    • Property Strategy
    • Landlord & Tenant liaison
    • Rent & Service Charge Accounting
    • Property & Tenure Audits
    • Vacant Property Management
    • Health & Safety 

    The art of management is to anticipate problems and respond appropriately when they arise. Our experience and expertise allows us to provide solutions based on our thorough knowledge of Estate Management requirements for landlord and tenant.

    • We manage over N600 million of commercial real estate
    • We collect rent of about N80 million per annum.
    • We administer service charges of just over N4 million per annum.
    • We deal with many tenants with different unique needs and from diverse backgrounds.

    Our Asset Managers take a pro-active approach using the latest IT systems that make sure you receive a comprehensive, thorough and reliable management service. In all cases, we will agree with you realistic performance targets based on an acceptable risk profile. Upon our engagement, we provide a full service tailored to your specific needs that include management, regular reporting and independent valuations.
    At Virtual Realty, we are committed to building strong relationships and always have our client's best interests when it comes to their property needs. By insisting on implementing high standards from our staff, we strive to ensure our clients are provided with quality advice and exceptional customer care.
    All of our clients have the services of an experienced property accountant and these individuals report directly to clients and their financial teams. Our teams deal with the day to day management operations which can range from determining favourable lease terms and conditions, to offering advice on how to maximise tax advantages while reducing business expenditure.
    Our multi-disciplined teams are able to provide a wide range of property management advice and we ensure that our senior team members have all previously undertaken high levels of professional and asset management work and therefore have the breadth of experience to lead and direct.
    With a range of services which complement our property management services, Virtual Realty is well placed to provide an integrated approach to facilities, property and investment advice to our commercial clients.

• Building & Project Consultancy

  • Our services include

    • Building surveys
    • Dilapidations
    • Project management
    • Building reinstatement cost assessments
    • Project monitoring
    • Planned maintenance
    • Design & contract maintenance
    • Party wall matters
    • Health & Safety

    Our extensive range of consultancy services covers the full life cycle of any building project. We guide and assist clients throughout all phases of any project from planning, development, alterations and refurbishments through to maintenance and onto the next refit or redevelopment. We work closely with clients to gain a detailed understanding of their needs in order to provide proactive responses and creative solutions .
    Our philosophy is always to balance three vital aspects: time, cost and quality. Prioritizing these is the most important part of any project and careful consideration must be given to making sure that the project is completed on time, on budget and to the right quality.

• Landlord & Tenant

  • Optimising your returns through creative solution Lease Renewals

    • Negotiations
    • Rent Reviews
    • Lease Restructuring
    • Expert Witness
    • Dispute Resolution

    Whether you are a landlord or a tenant, expert advice on leases and rent reviews is essential to your business. As a landlord, we will help you reduce maintenance costs; maximize the income from your assets and to budget for future property costs and liabilities. You should not wait until lease renewal or rent review to contact us. We will help you identify and exploit every opportunity to enhance your income from your properties.
    As a tenant, we assist in rent negotiations of leases and act as an arbiter between landlord and tenant when required. We also have experience in providing expert evidence in proceedings before an Arbitrator or Judge in property litigation.

• Rating

  • Bringing direct benefits to your bottom line

    • Rateable Value Appeals
    • Rates Management
    • Rates Audit

    Our rating team has an established record of accomplishment of achieving significant rate savings on all types of commercial property for occupiers and owners in both the private and public sectors.
    The calculation of rates liability is particularly complex but we have extensive experience in assisting clients to minimize this. We provide a total rates management service to clients many of whom now enjoy significant rate liabilities.

• Investment Consultancy

  • Delivering a competitive edge

    • Investment advice - acquisitions and disposals
    • Forward funding development opportunities
    • Sale and leaseback strategy and implementation
    • Strategic development advice

    Our Investment Team will provide investment services to some of the leading developers within the Lagos area as well as a number of smaller investors including private clients and syndicated investment trusts.
    The ability to provide expert knowledge on the Lagos investment market and supply our clients with early market intelligence, gives our clients a competitive edge. We are able to formulate and appraise portfolios or new investments, in order to meet our clients' targeted returns .
    We are experienced in building balanced portfolios to specific criteria, to produce the desired yield and capital growth. Investment advice is based on an in-depth understanding of your objectives.

• Facility Management

  • Developing practical ways

    Our facilities management services include consultancy, process and project management. We offer an occupier focused service that deals with facilities provision, procurement, health and safety, property maintenance and financial budgeting.
    Our FM specialists develop optimum facilities management solutions to meet existing business needs which can be adapted as the business develops.
    We match service agreements with the expectations, strategic business needs and financial boundaries of our clients so we can deliver performance targets that match their expectations. We are successful because of our integrated team approach.
    What sets us apart is that we have specialists in-house who develop and run client intranets and extranets. These bespoke tools are used as part of a program to re-engineer many aspects of service delivery and customer communication. They are also used to improve information available about our client's properties.
    We take a long term approach to creating successful and sustainable business relationships with our clients. These involve investment and application of resources which enable our clients to establish the facilities infrastructure they need to achieve best practice and a seamless working business environment.