Real Estate
29 Jan
After the bilateral partnership agreement between Association of Estate Agents in Nigeria (AEAN), an affiliate of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) and United States-based National Association of Realtors
29 Jan
In the face of macroeconomic headwinds, there are fresh concerns among operatives that insecurity may worsen housing deficit and hinder investments in the real estate sector.
29 Jan
A real estate firm, Ubosi Eleh and Company has urged the government to pay more attention to addressing the regulatory and legal issues in the sector.
29 Jan
With African countries witnessing increased Foreign Direct Investment (FDIs) into their real estate industry, a new report by Estate Intel, revealed that Nigeria trails behind Botswana and Morocco in FDIs because of soaring inflation, weakened naira, and high cost of production.
22 Jan
Rising inflation and exchange rates are among the headwinds in the country’s real estate and construction sectors increasing borrowings due to higher prices of imported building materials and machinery.
22 Jan
Experts have advocated removal of impediments to cross border transactions and collaboration among real estate professionals in Africa as a means to grow the sector.
15 Jan
A new report has projected a rebound in cement sector’s performance in 2024 based on the increased infrastructure budget for 2024 at N1.32 trillion and the creation of the Infrastructure Support Fund (ISF) by the Presidency
15 Jan
• Begins 28-storey residential project in Landmark city One of the major investors in Lagos real estate, Landmark Africa has called for a conducive environment for property developers and intervention of the authorities to secure investments along the Atlantic Ocean beach corridor in Victoria Island, Lagos. The company believes that securing the area from social…
15 Jan
A civil society group under the aegis of Take-It-Back Movement (TIB) has decried the impacts of the high rents on households’ income across the country and called for government’s intervention.
15 Jan
Many developers are increasingly rejecting turnkey projects due to the huge financial outlay needed and other operational challenges, despite reduction in new commercial developments.
15 Jan
The Federal Government has completed an audit of the National Housing Programme (NHP) and reviewed the allocation process, while retaining the controversial selling prices for housing units fixed by the Muhammadu Buhari Administration across the country.
15 Jan
The real estate sector in Nigeria, despite its substantial contribution to the nation’s GDP, has faced a downturn in the last three and half years. Several factors contribute to this decline.