Propco (Property Company) Definition.

A Propco is a stand-alone company that owns and manages a portfolio of commercial properties. The company‚Äôs purpose is to generate income from the properties through rent and capital appreciation. The company structure enables investors to buy shares in the company and benefit from the performance of the portfolio without having to directly own or … Read more

What Is the Lao Kip (LAK)?

The Lao Kip is the official currency of Laos. It is subdivided into 100 units called att and is pegged to the Thai Baht at a rate of 1 Lao Kip = 0.125 Thai Baht. Is Laos currency higher than Naira? No, the Laos currency is not higher than the Nigerian Naira. The Naira is … Read more