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US Election Race Intensifies: How Results Could Impact Nigeria’s Real Estate Market As the...

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Equatorial Guinea Official Baltasar Engonga Ebang’s Video Sparks Controversy In recent days,...

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Firm laments technology gap, trust crisis in land market

Nigeria’s digital real estate company, Sytemap, has raised concerns over the ongoing trust...

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Governor Sanwo-Olu Calls for Increased Investment to Tackle Coastal Flooding in Lagos

Governor Babajide Sanwo-Olu of Lagos State has urged for more investment to address the persistent...

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Interest Rate Hike to Worsen Mortgage Accessibility – Housing Sector Experts

Housing sector stakeholders have raised concerns that the rising interest rates in the country are...

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Sanwo-Olu canvasses environmentally-friendly real estate

Lagos State Governor, Babajide Sanwo-Olu, has emphasized the significance of innovation,...

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Surveyors demand stronger enforcement to curb quackery

The Association of Private Practicing Surveyors of Nigeria (APPSN), a subgroup of the Nigerian...

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Nigeria admitted into WorldSkills International

Nigeria has been admitted into WorldSkills International, marking a historic milestone in the...

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FG, pension, financial sectors collaborate on affordable housing

The Federal Government has launched the Ministry of Finance Incorporated Real Estate Investment...

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FG unveils engineering skills devt council

The National Board for Technical Education has inaugurated the Sector Skill Council for...

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EDF partners Africa Practice to tackle climate change

The Environmental Defense Fund has partnered with Africa Practice to combat climate change in...

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Real Estate Valuation Critical in Tackling Building Collapse - Minister

The Minister of Housing and Urban Development, Ahmed Dangiwa, has reiterated the crucial role of...

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Real estate developers unveil plans to enhance transparency

The Real Estate Developers Association of Nigeria has announced initiatives aimed at enhancing...

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GEF approves $3.28m to combat land degradation in Kebbi

The Global Environment Facility has approved $3.28m to tackle land degradation in Kebbi State under...

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Real Estate Operators Struggle with Soaring Electricity Costs

The commercial real estate market is currently grappling with several major challenges, including...

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REDAN as catalyst to rejig the economy

Real estate development is a key driver of economic growth in any region, and Africa is no...

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Federal Government Partners with ShafDB to Construct 5,000 Housing Units

The Federal Government has signed a Memorandum of Understanding with Shelter Afrique...

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FG sets 90-day payment deadline for national housing scheme subscribers

The Federal Government has issued a 90-day deadline for subscribers of the National Housing...

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Dangiwa unveils social housing funding plan

The Minister of Housing and Urban Development, Ahmed Dangiwa, has disclosed that plans are underway...

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FG urged to simplify land documentation

A real estate firm, Gestpoint Nigeria Limited, has implored the Federal Government to simplify the...

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National land registration key to unlocking Nigeria’s $300bn dead capital—Dangiwa

Ahmed Dangiwa, minister of Housing and Urban Development, has said that unlocking Nigeria’s...

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Urban Planning Key to Combating Flooding – Experts

Experts in the built environment have emphasized that effective urban planning and infrastructure...

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Legislative Gap Hinders Prosecution of Building Collapse Owners – COREN

The Council for the Regulation of Engineering in Nigeria (COREN) has highlighted a legislative...

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Economic crisis affecting real estate – Report

The state of the country’s economy has affected the real estate sector adversely in 2024, a...

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COREN inaugurates technical committee to tackle infrastructure failure

The Council for the Regulation of Engineering in Nigeria has inaugurated a National Technical...

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98.5% of Lagos residents live in rented apartments – Report

“This demand is particularly strong in affordable areas that offer amenities and proximity to...

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'Tinubu tackling housing deficit' – FHA director

The Executive Director of Projects Implementation at the Federal Housing Authority, Oluremi...

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FIABCI Encourages Estate Professionals to Diversify Investment Portfolios

To address ongoing challenges in the housing sector, Uzo Oshogwe, the Managing Director and Chief...

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Reps Approve N500bn Budget Boost for Housing Ministry

The House of Representatives has approved a significant budget increase for the Ministry of...

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Osun State Launches Reforestation Initiative for Ago Owu Forest Reserve

The Osun State Government, in partnership with foreign collaborators, has initiated a reforestation...

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Real estate investment key to overcoming economic crisis – Casafina

Dr. Seyi Olufemi, the CEO of Casafina Development Company, has counseled investors to purchase...

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EFCC Targets Real Estate Investors Over Money Laundering

The Economic and Financial Crimes Commission (EFCC) is tightening regulations on estate surveying...

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Nigeria has drawn $600 million in real estate investments over the past 13 years

Nigeria has attracted $600 million in real estate investments over the past 13 years, according to...

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Experts Optimistic About Midyear Outlook for Real Estate Sector

The real estate sector is still struggling despite its potential as economic challenges hinder...

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Dangiwa Named chair of the African Housing Ministers Panel

The Financial Caucus of African Ministers of Housing and Urban Development has elected Ahmed...

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Abuja Ranks Least Expensive Country for Foreigners to Live

Abuja was ranked as the least expensive African city for foreigners to reside in by the American...

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Nigeria Loses 86,700 Hectares of Forest in Nine Years – FG

Dr. Iziaq Salako, the Minister of State for the Environment, announced that Nigeria lost...

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Experts Call on Realtors to Uphold Ethical Standards

Leading figures in the real estate industry have expressed concerns about unethical practices by...

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604 Building Collapses in 50 Years — BCPG

Nigeria has experienced approximately 604 building collapses between 1974 and May 30, 2024,...

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Governor Peter Mbah's Transformation of Enugu: Security and Infrastructure Reforms

In the past twelve months, Governor Peter Mbah of Enugu State, South East Nigeria, has shown a...

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Buyers Frustrated as Lagos Government Delays Oko-Orisan Land Scheme Allocation

Land buyers at the Oko-Orisan waterfront residential scheme, developed by the Lagos State...

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Major road projects to suffer as strike action looms in construction industry

A development that is apparently strange in this clime is brewing as construction workers in...

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UPDC expands portfolio to reduce housing deficit

The company’s Chief Executive Officer, Mr Odunayo Ojo, highlighted UPDC’s unwavering...

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Real Estate Sector Shows Cautious Optimism Amidst Policy Reforms

The real estate sector has undergone significant regulatory changes impacting housing market...

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NIQS to Create National Database for Construction Project Cost Estimation

The Nigerian Institute of Quantity Surveyors (NIQS) has announced plans to establish a...

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FCTA Commits to Partnership with Genuine Estate Developers

Nyesom Wike, the Minister of the Federal Capital Territory (FCTA), announced that the FCT...

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REDAN Promises Access to Housing Market Reports

Akintoye Adeoye, the newly elected President of the Real Estate Developers’ Association of...

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8,925 Apply for FG Housing – Dangiwa

The Ministry of Housing and Urban Development announced that 8,925 individuals have...

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Guild urges govt to investigate officials over Lagos demolition

The Building Collapse Prevention Guild (BCPG) has urged the Lagos State Government to investigate...

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FG urged to declare state of emergency in housing sector

The Housing Development Advocacy Network (HDAN) has urged the Federal Government to declare a state...

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Dangiwa Advocates Review of ARCON Act

The Minister of Housing and Urban Development, Ahmed Dangiwa, has urged for a comprehensive review...

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FRC Set to Release Valuation Regulations by July

Ugochukwu Nwora, the Head of the Directorate of Valuation Standards at the Financial Reporting...

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Lagos Initiates Crackdown on Unregistered Estate Agents

The Lagos State Government has issued a stern warning to individuals and entities operating in the...

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80% of Lekki buildings have no approval, says LASG

Dr. Oluyinka Olumide, the Lagos State Commissioner for Physical Planning and Urban Development,...

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Govt served Lagos estate demolition notices since 2021, says commissioner

The Lagos State Commissioner for Environment, Tokunbo Wahab, revealed that the government had...

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Housing Access Limited for Policemen, Reports Mortgage Bank CEO

Femi Adewole, CEO of Cooperative Mortgage Bank Ltd., revealed that out of roughly 340,000 policemen...

Real Estate News

AHCN Calls on State Governments to Back Rent-to-Own Housing Initiatives

The Association of Housing Corporations of Nigeria (AHCN) is appealing to state governments to...

Real Estate News

Federal Government to Establish GIS Unit to Address Boundary Disputes

The Office of the Surveyor General of the Federation has committed to assigning a Geographical...

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Nigerian Government Considers Commercializing Federal Mortgage Bank

The Nigerian government is contemplating the commercialization of the Federal Mortgage Bank of...

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Calls for Investigation into N5bn Dredging Contract by Lagos State Government

The Coalition of Concerned Lagosians has urged the Lagos State Government to investigate the...

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Retailers explain why Cement prices keeps dropping

Contrary to the dire situation in the building and construction sector where many projects sites...

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‘94% of Properties in Lagos Lack Legal Titles’

According to stakeholders in the building industry, a staggering 94 per cent of properties in Lagos...

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Developer Laments Loss of Investment as FCTA Bulldozer Razes Estate to Rubble

In the ongoing efforts to restore the masterplan of Abuja, the Federal Capital Territory...

Real Estate News

Lagos and other coastal cities are at risk of flooding, warns CAA

Grace Mbah, the co-founder and Executive Director of Climate Action Africa, has highlighted...

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Unlocking Nigeria's Economic Potential - Harnessing Titled Land for Growth

A recent report by Ubosi Eleh & Co. underscores the transformative impact of increasing titled...

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Advocates Call for Mortgage Financing to Address Nigeria's Housing Deficit

Mrs. Gift Akande, Manager of Aridan Homes and Properties, advocates for Nigerians to embrace...

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Climate Action Africa to Attract Investors at Forum

Climate Action Africa, a prominent climate resilience organization, has announced its intention to...

Real Estate News

Concerns Arise Over Lack of Legal Titles for Properties in Lagos State, Nigeria

Experts in Nigeria's building industry have sounded the alarm over the prevalence of properties in...

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Operators Associate Rising Slums with Shortage of Affordable Housing

Stakeholders in the built environment attribute the surge in slum settlements across the country to...

Real Estate News

Exploring Factors Behind the Surge in Cement Prices in Nigeria

Describing the recent scenario in Nigeria's building materials market as dire would be an...

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Ministry and EFCC Forge Alliance to Combat Housing Fraud

The Minister of Housing and Urban Development, Ahmed Dangiwa, has announced a collaborative...

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Lagos to Enforce Income-Based Rent Mandate for Landlords

The Lagos State Government has announced its intention to roll out a monthly rental scheme by the...

Real Estate News

LASBCA Mandates Authorization Letter for Developers

The Lagos State Building Control Agency (LASBCA) has enforced a requirement for developers to...

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Rising Cement Prices in Nigeria: Government Intervention and Industry Challenges

The exorbitant prices of cement persist in the Nigerian market, with a 50kg bag commanding an...

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Advocating for Regulatory Reforms to Enable Affordable Housing in Nigeria

Developers are advocating for enhanced housing regulations to improve citizens' access to land in...

Real Estate News

Lagos State to Revamp Markets for Traffic Management

In an effort to alleviate traffic congestion caused by vendors obstructing roads, the Lagos State...

Real Estate News

Experts foresee growth in the real estate sector through urban renewal and tax reform initiatives

Real estate professionals in Nigeria are optimistic about the potential for growth in the sector if...

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Housing Minister Alleges Cement Manufacturers Exploit Forex Volatility for Price Hikes

Architect Musa Dangiwa, the Minister of Housing and Urban Development, has voiced apprehensions...

Real Estate News

FG Summons Cement Manufacturers Over Price Surge

The Federal Government has taken decisive action in response to the soaring prices of cement in...

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Lagos State Government's Housing Initiative: Building 3,000 Homes in 5 Years, Aiming for 7,000 Amid Population Surge

The Lagos State government has announced the provision of over 3,000 housing units within the state...

Real Estate News

Nigeria's Battle Against Desertification and Climate Crisis

Addressing Desertification - Nigeria's Land Recovery Efforts in Fighting Climate Change The fight...

Real Estate News

Rising Construction Costs Drive Rent Increases

Rising Construction Costs Drive Rent Increases, Burdening Home Seekers in Nigeria" In Nigeria, the...

Real Estate News

Insecurity deepens housing woes as developers withdraw from sites

The recent surge in kidnapping, banditry, and attacks by herdsmen across Nigeria has significantly...

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Zamfara Allocates N1 Billion for Stadium, NYSC Camp Upgrade

The Zamfara Government has unveiled plans to invest more than N1 billion in the enhancement...

Real Estate News

Advocacy for Government Action on Regulatory and Legal Challenges in Real Estate

Ubosi Eleh and Company, a prominent real estate firm, is urging the government to prioritize...

Real Estate News

NCF Challenges Oyo State Government's Decision to Clear Forest Reserve for Estate Development

The Nigerian Conservation Foundation (NCF) has expressed strong opposition to the Oyo State...

Real Estate News

Practitioners seek removal of impediments to Africa’s real estate

Experts Advocate Cross-Border Collaboration and Affordable Mortgages for African Real Estate...

Real Estate News

Lagos State Initiates Review of Property and Rental Laws for Enhanced Real Estate Regulation, says Governor Sanwo-Olu

In a recent announcement, Governor Babajide Sanwo-Olu of Lagos State disclosed that the...

Real Estate News

Developer plans US-Nigeria collaboration in fresh effort to tackle housing deficit

A US-based Nigerian real estate development and investment firm, Peniel Investment and Development...

Real Estate News

Experts highlight opportunities, challenges in joint venture schemes

Professionals affiliated with the Nigerian Institution of Estate Surveyors and Valuers (NIESV) are...

Real Estate News

‘Innovation, quality control will aid real estate industry growth’

Participants emphasized that ensuring the sustainability of the real estate sector requires...

Real Estate News

FG to encourage increased private sector investment in housing industry

The Federal Government has emphasized the need for increased involvement of the private sector in...

Real Estate News

Dangote Cement Takes Lead in Addressing Cement Industry's Carbon Emissions

In a recent revelation at the 12th Africa Cement Trade Summit held in Abidjan, Cote...

Real Estate News

Stakeholders Urge Federal Government to Harness Housing Sector for Economic Revitalization

During the recently concluded Conference of Directors of Lands in Federal and State...

Real Estate News

Lagos State Governor, Babajide Sanwo-Olu, Offers Insight into Road Infrastructure Renewal and Upgrade

Governor Babajide Sanwo-Olu of Lagos State has elucidated the rationale behind the recent renewal...

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Issuance of Certificates of Occupancy for Mass Housing Projects Receives Commendation from Housing Advocacy Group

The Housing Development Advocacy Network (HDAN) has expressed its commendation for the recent...

Housing Trends

Stakeholders Call for Recapitalization of Mortgage Banks and Land Reforms in Real Estate Sector

Stakeholders across the real estate sector have underscored the urgency for the Federal Government...

Real Estate News

NIESV Encourages New Associates to Uphold Professionalism and Integrity

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) recently conducted its 2023...

Real Estate News

Federal Government's Ambitious Housing Scheme Gains Traction with Industry Enthusiasm

In a significant move towards addressing housing challenges in Nigeria, the Federal Government's...

Real Estate News

Industry Insiders Propose Tactics to Enhance Real Estate Growth

Members of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) are advocating for a...

Real Estate News

Experts seek new policy to revamp real estate industry

The International Real Estate Federation (FIABCI), Nigeria Chapter, has called on both federal and...

Real Estate News

Enhancing Compliance with Building Planning Permits in Lagos: A Closer Look

In June of this year, the Lagos State government sent shockwaves through the construction and real...

Real Estate News

Calls for Reviewing Real Estate Taxes to Enhance Housing Accessibility

The government, both at the federal and state levels, is facing mounting pressure to reconsider the...

Real Estate News

Lagos Identifies 169 Slums, Plans Regeneration for Eight

The Lagos State Urban Renewal Agency (LASURA) has revealed that a total of 169 slums have been...

Real Estate News

Lagos Officials and Senior Advocate Warn Lawyers Against Tenant-Landlord Conflicts

During an advocacy program themed "Building Collapse and Application of Punitive Laws in...

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Iconic Architectural Wonders in Nigeria

By Blessing Clement Nigeria, with its impressive population of 206 million people, stands...

Real Estate News

Estate surveyors urged to enhance performance by prioritising leisure

Olugbenga Ismail, the Chairman of the Nigerian Institution of Estate Surveyors and Valuers (NIESV)...

Real Estate News

FG Collaborates with UN-Habitat to Advance Urban Renewal and Slum Upgrading Initiative

Last week, the Federal Government initiated discussions with the United Nations Human Settlements...

Real Estate News

New Housing Affordability Initiative Unveiled by Ministry of Housing

In a determined effort to address Nigeria's pressing housing challenges, Ahmed Dangiwa, the...

Real Estate News

Concerns Mount as Lagos Cracks Down on Unauthorized Land Reclamation

The Lagos State government is expressing grave concern over the surge in illegal land reclamation...

Real Estate News

The Ministry's New Approach: Introducing Cross Subsidies in Housing Projects

Following a comprehensive review of past efforts aimed at reducing deficits, the Federal Ministry...

Real Estate News

Key Players Advocate for a Fresh Approach to Foster Sustainable Housing Development

Stakeholders within the construction and housing industry are advocating for a fresh framework in...

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Lagos demolishes structures obstructing drainages

The Lagos State Government reaffirmed its commitment to impartially apply the law during the...

Real Estate News

View Real Estate as a Central Pillar for Economic Revitalization, Advocates Dr. Wamakko

The Minister for Housing and Urban Development, Arc. Ahmed Musa Dangiwa, emphasized that real...

Real Estate News

Rivers govt commits to new town development

The Rivers State government is actively pursuing the realization of the Greater Port-Harcourt City...

Housing Trends

NIOB seeks enforcement of building laws to curb structural failures

Professional builders are calling upon stakeholders to take decisive action in enforcing the Lagos...

Real Estate News

Here’s what Dangiwa plans to do in quest for credible housing data

Ahmed Dangiwa, Nigeria's Minister for Housing and Urban Development, has expressed deep concern...

Real Estate News

Waste managers urge Sanwo-Olu to probe accumulated debts

The Association of Waste Managers of Nigeria Expresses Concern Over Delayed Visionscape Debt...

Real Estate News

'The Federal Government Should Conduct Inventory and Viability Studies on Assets in Lagos'

Mr. Gbenga Ismail, Chairman of the Lagos branch of the Nigerian Institution of Estate Surveyors and...

Real Estate News

Engineers Assigned the Responsibility of Initiating Campaigns to Prevent Building Failures

Engineers have been tasked with launching an intensive awareness campaign and ensuring the...

Real Estate News

Engineers Assigned the Responsibility of Initiating Campaigns to Prevent Building Failures

Engineers have been tasked with launching an intensive awareness campaign and ensuring the...

Real Estate News

CORBON Issues a Warning Against Unqualified Practices in Building Construction

In a bid to address concerns over structural integrity in construction projects, the Council of...

Real Estate News

Slow Market Causes Real Estate Experts to Establish Objectives for the FCT

There is a growing concern that the absence of a well-defined policy framework from previous...

Real Estate News

Company Champions Crowdfunding as a Solution for Addressing the Housing Needs of the Nation

Tobykemsworth Investment Limited, a real estate development company, has urged Nigerians to embrace...

Real Estate News

Advocate Urges Collaborative Efforts to Foster Progress in the Construction Sector

Bayo Adalemo, a recognized expert in the building and construction industry and the Managing...

Real Estate News

Edo govt’s pact with developers promises 454 houses in Benin, Ekpoma

A partnership agreement between the Edo State Development and Property Corporation (ESDPC) and...

Real Estate News

Poor compliance affecting housing – Operators

Concerns regarding the construction sector's failure to adhere to global best practices have been...

Real Estate News

Surveyors report a shortage of materials in the construction sector

The Nigerian Institute of Quantity Surveyors has revealed that the construction sector is currently...

Real Estate News

Guild's Caution to Lagos Government Amid Professionals' Rush for Certification Scheme

In response to the recent introduction of the Certified Accreditor Programme (CAP) by the Lagos...

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Ndukwu reaffirms dedication to advancing the travel and real estate sectors in Africa

"Steven Ndukwu, one of the rapidly rising influencers in Africa's travel and real estate sectors,...

Celebrity Real Estate

Nollywood Star Mimi Orjiekwe Enters Real Estate

Mimi Orjiekwe, a renowned figure in Nollywood, known not only for her acting prowess but also for...

Real Estate News

Emerging Innovations and a Skilled Workforce Poised to Transform the Construction Industry – Insights by Effiong Essang

Nigeria's construction industry stands at the brink of a profound transformation that...

Real Estate News

Concerns Arise Over the Prevalence of Informal Settlements Amongst 70% of the Population

Operators within Nigeria's housing sector are expressing deep concerns about the fact that,...

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Nigeria's Housing Ministry Focuses on Land Access and Affordable Housing Solutions

In response to the escalating challenges faced by Nigerians in building and owning homes,...

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IMO'S TRIZONE HOUSING INITIATIVE, EX-GOVERNOR INDICATED

The Imo State government has unveiled its strategy to develop extensive housing projects across...

Real Estate News

FEDERAL GOVERNMENT ATTRIBUTES ENVIROMENTAL ABUSE TO IGNORANCE

Dr. Ishaq Salako, the Minister of State for Environment, has highlighted that a significant portion...

Latest News

Building Collapsed in Abuja, 2 People Confirmed Dead

On Wednesday night, a tragic incident unfolded in Abuja as a two-story building collapsed,...

Real Estate News

NHF Receives Major Boost: Mortgage Bank Disburses N10.6 Billion

The PMB announced the distribution of funds to mark the successful processing, disbursement, and...

Real Estate News

Concerns Arise as Informal Settlements Persist Decades After Independence in Sub-Saharan Africa

A prevailing issue in the Nigerian housing sector is the unsettling reality that nearly 70...

Latest News

Federal Government's Plan to Demolish Illegal Settlements and Buildings in FCT Raises Concerns

The Federal Government has unveiled plans to demolish approximately 30 illegal settlements...

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PROJECTED ANNUAL COST OF HOUSING ALLOWANCES FOR NEWLY APPOINTED MINISTERS RAISES CONCERNS

The allocation of housing allowances to recently appointed ministers in Nigeria has raised...

Real Estate News

REAL ESTATE DEVELOPERS CALL FOR GOVERNMENT ACTION AMIDST INFLATION CHALLENGES

Real Estate Developers Association of Nigeria (REDAN), Lagos Chapter, is urging the federal...

Real Estate News

NMRC refinanced N32,000,000 in mortgages to protect against rising interest rates

The Nigeria Mortgage Refinance Company Plc (NMRC) has successfully accessed the capital market on...

Real Estate News

COUNCIL EMPHASIZES THE IMPORTANCE OF EMBRACING TECHNOLOGY FOR HOUSING DEVELOPMENT

The Council of Registered Builders of Nigeria (CORBON) has called on professionals in the...

Real Estate News

FORMER IRWA CHAPTER 84 PRESIDENT HIGHLIGHTS URGENT INFRASTRUCTURE NEEDS

Dr. Emmanuel Mark, former president of Nigeria's International Right of Way Association (IRWA)...

Real Estate News

FHA LAUNCHES 1,200-UNIT HOUSING PROJECT IN ABUJA, DISBURSES N10.6 BILLION MORTGAGES TO 962 RECIPIENTS

In a significant move, the Federal Housing Authority (FHA) has initiated a partnership with two...

Latest News

Lugbe Witnesses Demolition of 100 Structures by FCTA

Officials from the Federal Capital Territory Administration (FCTA) have evicted unlawful occupants...

Real Estate News

Abuja Property Firm Sealed by Court Amid N200 Million Dispute

The sealing of an Abuja-based real estate firm by a Federal Capital Territory (FCT) High Court has...

Real Estate News

PENCOM ANNOUNCES RSA HOLDERS CAN PURCHASE HOMES USING 25% OF THEIR PENSION

The management of the National Pension Commission (PenCom) has announced a significant development...

Housing Trends

Lifecard Commences 1000-Unit Housing Project with a Spotlight on Millennials and Investors

Lifecard International, a reputable real estate marketing, advisory, and investment firm in...

Real Estate News

NEW INFORMATION UNVEILED REGARDING THE DEMOLITION OF BUILDINGS IN A LAGOS COMMUNITY

Officials from the Lagos State government have clarified that the recent demolition of buildings at...

Real Estate News

A NEW ERA DAWNS FOR REAL ESTATE BUSINESS IN NIGERIA AND AFRICA, ADENIJI ADELE ASSUMES LEADERSHIP OF FIABCI

Adeniji Adele, the newly elected President of the International Real Estate Federation (FIABCI),...

Real Estate News

REAL ESTATE SECTOR: N70BN VAT CONTRIBUTION IN 5 YEARS

The Value Added Tax (VAT) generated from the construction and real estate sector experienced...

Real Estate News

REPORT HIGHLIGHTS RESILIENCE OF NIGERIA'S REAL ESTATE SECTOR IN 2022

Despite the challenges faced by Nigeria's economy in 2022, the real estate sector exhibited...

Real Estate News

REAL ESTATE AND CONSTRUCTION FIRMS SECURE N21.89TN IN LOANS IN FOUR YEARS

Real estate and construction firms in Nigeria have displayed remarkable financial prowess, as they...

Real Estate News

LAGOS STATE GOVERNMENT UNVEILS GROUNDBREAKING CERTIFICATION PROGRAMS

In an ambitious move to transform the construction industry and enhance service delivery,...

Real Estate News

GUILD FOCUS ON ENHANCING WOMEN'S INVOLVEMENT IN THE REAL ESTATE SECTOR

Collaboration and Empowerment: Building a Bright Future for Women in the Building Industry The...

Real Estate News

ECOWEB360 FORMS PARTNERSHIP WITH UK BODY TO TACKLE CLIMATE CHANGE

Yemi Adeyanju, the founder of Ecoweb360 Environmental Foundation, has announced a new collaboration...

Real Estate News

2,000 builders are trained by the group

The Global Realtors Connect, a network of real estate consultants, has successfully trained and...

Real Estate News

The government has urged COREN to prevent building collapses

"The Council for the Regulation of Engineering in Nigeria has received a strong call to take...

Real Estate News

THE WORLD BANK ATTRIBUTES LAGOS BUILDING COLLAPSES TO LAX REGULATION.

The World Bank has blamed the numerous building collapses in Lagos State on weaknesses and...

Real Estate News

IN LAGOS, A THREE-STORY STRUCTURE COLLAPSES.

The state government had planned to demolish a three-story building on Jebba Street in Cemetery in...

Real Estate News

THE FIRM HAS PETITIONED THE GOVERNMENT TO REGULATE THE REAL ESTATE BUSINESS.

Concerned about fraudulent practices in the real estate market, Oluwatosin Aleriwa, Chief Executive...

Latest News

Lagos's building planning permission rates increased by 100% as the housing issue got worse.

Following a review of prices by the state government last month, the cost of obtaining a building...

Latest News

Nigeria establishes a worldwide engineering cooperation with 21 other nations.

Under the Washington Accord (WA), Nigerian engineers have joined 21 other professionals in a...

Real Estate News

AIHS will support the next generation of leaders in affordable housing

Nigeria establishes a worldwide engineering cooperation with 21 other nations. The Africa...

Research

The first Housing estate in Nigeria

The Ibadan Housing Estate was birthed in 1959 when the regional government decided to increase the...

Celebrity Real Estate

Rising Star Asake Unveils Lavish New Mansion and Exotic Range Rover

Burgeoning singer Asake proudly showcased his newly acquired grand mansion, capturing the attention...

Real Estate News

Building Materials Price Surge: Impact of Inflation, Foreign Exchange Uncertainty, and Supply Chain Challenges

From N200,000 per ton in 2021 to N470,000 per ton in 2023, giving N270,000 price differential,...

Latest News

Real Estate's Potential to Drive Foreign Direct Investment: Unlocking Opportunities

Abuja-based real estate firm, Mshel Homes Limited has urged President Bola Tinubu to transform the...

Real Estate News

Subsidy Removal Impact: Experts Predict Rising Building Material and Construction Costs

Examining the impact of the fuel subsidy removal on various aspects of society, including the real...

Latest News

Demolition of Popular UTC Complex in Abuja: Insights and Implications

The Federal Capital Territory Administration (FCTA) said the demolition of the 30-year-old UTC...

Latest News

Tinubu Real Estate Agenda: Exploring Land, Mortgage, and Infrastructure for Success

As the new administration under Bola Ahmed Tinubu settles in to manage the affairs of Nigeria,...

Real Estate News

Becoming a Real Estate Agent in 2023

Is it really the right time to become a real estate agent? After all, house prices are...

Latest News

Innovating Real Estate Practice: Professionals Chart Exciting New Territories

As the old order of practice is crumbling fast due to socio-economic factors, eggheads in the...

Latest News

Surge in Real Estate Market: Over 5,000 Distressed Residential and Office Properties Now Available

There seems to be disquiet in the real estate market, as some online property marketing platforms...

Real Estate News

Nigeria's Prime Office Space Market Witnesses a 24% Drop in Vacancy Rate: A Positive Trend

Prime office space suppliers or landlords are optimistic about the market returning to similar...

Latest News

Akwa Ibom Government Invests $10 Million in US Real Estate: A Promising Venture

The Akwa Ibom State Government has expanded its state-owned investment by investing $10 million...

Real Estate News

Fashola Disputes Erroneous 17M Housing Deficit Report: Clarifying the Facts

The Minister of Works and Housing, Babatunde Fashola, on Monday, refuted reports that more than 17...

Real Estate News

Buhari Set to Officially Launch Zuba Estate in Abuja

The Federal Government is set to formally inaugurate the Zuba Housing Estate on Tuesday. The estate...

Latest News

Survey Reveals 80% of Government Buildings Lack Appraisal Value

Surveyors have said the failure to conduct valuations of government land was having a negative...

Real Estate News

Addressing the Housing Deficit: Developer Seeks Government Support to Tackle the Challenge

The Managing Director of Kemsan Acres Global Limited, Mr. Oluwaseun Owoseni, has called for support...

Real Estate News

What Housing Experts Expect from the Census: A Comprehensive List

Ahead of this year’s population and housing census, real estate professionals have listed...

Latest News

An official reveals that the EFCC is focusing on the real estate sector to tackle money laundering

The Economic and Financial Crimes Commission (EFCC) says the commission is beaming its searchlight...

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EFCC Investigates Real Estate Sector for Money Laundering Suspects

The Economic and Financial Crimes Commission (EFCC) has announced that it is currently...

Celebrity Real Estate

Celebrity realtor, Abel Egbarin’s rise to stardom

The real estate business in Nigeria is no doubt booming and has been a great way to invest by...

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Nigerians hit by rent hike as vacancies dwindle

The real estate sector in Nigeria is currently facing challenges, including a decrease in available...

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Short-Let Apartments in Nigerian Cities: A Growing Trend Driven by Travel Expenditure and Budget-Friendly Accommodations

Short-let apartments in Nigerian cities are gaining popularity due to the...

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WIP Africa unveils new real estate investment offer

Nigeria’s property and lifestyle management outfit, Wealth Island Property (WIP) Africa, has...

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Realtors optimistic, foresee growth under Tinubu’s presidency

Operators in Nigeria’s real estate sector are optimistic that the expected new administration...

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Dangote rakes in N460bn in 24hrs, overtakes 4 billionaires

Africa’s richest man and Chairman of Dangote Group, Mr Aliko Dangote, raked in N460 billion...

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The Impact of Fuel Scarcity on Real Estate Agents in Nigeria: Challenges and Solutions

The current fuel scarcity in Nigeria is having a significant impact on various sectors of the...

Real Estate News

The Nigerian Real Estate Industry: Assessing Performance, Risks, and Opportunities in 2023

The Nigerian real estate industry has experienced a slowdown in activities, including construction...

Real Estate News

The Growth of Short-Let Rentals in Nigeria: Increasing Interest Among Investors

Short-let rentals have been experiencing a surge in popularity in Nigeria, leading to increased...

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Nigeria ranked low in global real estate transparency index

How country can improve on rating, by experts. Nigeria has scored low in the 2022 Global Real...

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2023: Election, inflation to shape real estate market

The housing deficit has been a reoccurring issue in the country, growing from bad to worse on...

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Lagos new rail transport system to trigger shift in land use pattern, hike in property prices

The new Lagos rail transportation system, especially the 13-kilometre rail line from Mile 2 to the...

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Abuja: A Haven for Property Investors

Abuja, the capital city of Nigeria, is rapidly becoming a haven for property investors looking for...

Real Estate News

The Urgent Rise of Short Let Properties in Nigeria: A Case Study of Abuja in 2023

The Nigerian property market is experiencing a significant shift in the way properties are being...

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Nigerian Property Investment: A Guide for Investors in the Abuja Market

Real estate investment is a popular and profitable venture in Nigeria, and the capital city of...

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The current state of the Abuja real estate market

As the capital city of Nigeria, Abuja has always been a hub of activity and growth, and this is...

Real Estate News

Real Estate as the path to a sustainable economic future

There is no doubt that these are truly challenging times. The slowdown in global economic...

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Lagos Real Estate Developer Shares National Strategy to Solve Nigeria's 28 Million Housing Deficit in 2023 and Beyond

VICTORIA ISLAND, LAGOS, NIGERIA, January 1, 2023 /EINPresswire.com/ -- Grace Ofure Ibhakhomu,...

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How naira devaluation affects Nigeria’s real estate sector

Over the past few years, the Nigerian naira has lost a lot of value, especially against major...

Real Estate News

The Affordable Mass Housing Provision N3trillion Pension Boost

The Pension Reform Act 2014 has provisions for house ownership. Section 89(2) of the Act provides...

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How to Tactfully Back Out of a Real Estate Contract

The goal of any real estate deal is for all parties to come away happy – whether it’s...

Real Estate News

What Is a Housing Market Price Correction?

Here's what you need to know about a housing market correction, how it compares to a housing market...

Real Estate News

Poor data transparency hurting Africa’s real estate – Experts

Data transparency has continued to constitute a bane to Africa’s real estate market. This was...

Real Estate News

Real estate industry facing unprecedented challenges – Developers

The Chairman of the Real Estate Developers Association of Nigeria, Lagos Chapter, Bamidele Onalaja,...

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The Do's and Don'ts of Buying Vacant Land

Finding your dream home isn’t easy. You'll spend a lot of time scouring online listings,...

Research

Why real estate investors should pay attention to Africa currency shifts

Zambia’s currency is currently featured as the world’s best-performing currency and...

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Millions in Nigeria Struggle for Affordable Housing Amid Real Estate Boom

ABUJA, NIGERIA — Nigeria's real estate market has been expanding rapidly, but so has...

Real Estate News

New Wire Fraud Scheme Exploits Virtual Meetings

Hackers can infiltrate online meeting platforms, posing as a legitimate party to a real estate...

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Residents in Pains as Flood Destroys Houses, Farmlands in Kogi

Barely 48 hours after a federal government, the Hydroelectric Power Producing Areas Development...

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Individuals, corporates to benefit in Osmond Properties land investment option

Alera City, owned by Osmond Properties, is one of the fastest-growing real estate offerings capable...

Real Estate News

The average salary of a 2-bedroom renter in the city of Lagos

Affordable housing demand has continued to grow over the past few years across the real estate...

Real Estate News

How rising costs is turning short-let apartments landlords to tenants

Increasingly, suppliers or landlords of short-let apartments in the Nigerian real estate sector are...

Latest News

How land banking drives Nigeria’s real estate market

With record levels of inflation upending the logic of saving money traditionally through commercial...

Real Estate News

Is Now a Good Time to Buy a House? Your Answer for Fall 2022

Based on data, now is a good time to buy a house — and first-time buyers agree. According to...

Real Estate News

How To Get Started in Real Estate Investing With No Money?

In this article, we'll go over the 10 best strategies for investing in real estate without a lot of...

Real Estate News

Nine months later, Lagos monthly rental scheme fails to begin

EDIDIONG IKPOTO writes on how the proposed Lagos monthly rental scheme is slowly receding into...

Real Estate News

Tips to Effectively Maintain a Rental Property

One of the responsibilities of rental owners is to ensure that the properties are well-maintained...

Real Estate News

Merits, demerits of real estate investments

EDIDIONG IKPOTO investigates a popular claim by some property practitioners that the chances...

Real Estate News

Merits, demerits of real estate investments

EDIDIONG IKPOTO investigates a popular claim by some property practitioners that the chances...

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Rising costs shifts investment interest to low-income housing market

Investor and buyer-interest in Nigeria’s housing market is, increasingly, shifting from...

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Is real estate an inflation hedge?

As the world continues to recover from the impact of COVID-19, the global economy has experienced a...

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ESVARBON, NFIU move to end money laundering in real estate sector

Determined to curb money laundering in the real estate sector, the Nigerian Financial Intelligence...

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How real estate sector can serve as tool for economic transformation

Housing professionals have expressed optimism that the real estate sector could serve as a...

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Tips to Make Your Real Estate Listings Stand Out from the Competition

More often than not, tenants and buyers start their search for their next property online, but as...

Real Estate News

Dollar-priced properties in Lagos struggle for business

Many properties with dollar rent tags in Lagos are struggling for tenants and buyers as supply...

Housing Trends

Residential property market cools on 76% power tariff hike

The increase of over 130 percent in the price of diesel in seven months to N780 per liter has led...

Research

Banana Island land value defies economy, rises 100% in 3 yrs

Despite the swings in the Nigerian economy, with all the macro-economic indicators beating...

Research

Types of Real Estate Investors

Real Estate markets are extremely complicated. The price movements in this market are usually slow...

Real Estate News

Why housing affordablility remains elusive for Nigerians

With the current economic realities affecting all sectors, providing affordable housing,...

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Nine major issues affecting Real Estate Industry in Nigeria

In the real estate industry Nigeria is experiencing rapid urbanization, with an estimated annual...

Real Estate News

Experts foresee investor apathy in real estate sector ahead of elections

Due to unfavorable policies and the inflation crisis in the economy, there are predictions that the...

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Edo government tasks agency on bridging housing deficit

Edo State Government has given the mandate to the Ministry of Housing to bridge the housing gap in...

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Rising costs shifts investment interest to low-income housing market

Investor and buyer-interest in Nigeria’s housing market is, increasingly, shifting from...

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Rent default rises 20% in 6 months as inflation erodes consumers’ income

Since the last quarter of 2022, the rental market has seen an average of 20 percent increase in the...

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What will you do if your landlord slaps you in a heated argument?

Rent issues come with a lot of dramas attached to it. Landlord-tenant relationship can be quiet...

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Experts foresee investor apathy in real estate sector ahead of elections

Due to unfavourable policies and the inflation crisis in the economy, there are predictions that...

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Expert advocates funding intervention for real estate as costs soar

For reasons bordering on rising energy and building materials costs, a funding intervention from...

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How monetary policies impact real estate sector, by experts

Worried by the impact of economic policies on the sector, a financial expert, Wale Ariyibi has...

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Developer canvasses affordable housing markets, unveils new tenants

A Lagos-based real estate company, Purple Real Estate Income limited (“PREIL”), has...

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Why we want real estate sector regulated

Stakeholders in the real estate industry have reason to throw their weight on why they want...

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How students lose millions on rent over ASUU strike

As a result of incessant strikes affecting the country’s higher institutions, Nigerian...

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How To Find The Best Property Manager For Your Property In Nigeria

Being a landlord in Nigeria can be a difficult job, especially if you have decided to put up your...

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Developers, others abandoning housing sites over rising cost

The rise in prices of building materials has constituted a major threat to the construction sector,...

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Why Nigerian real estates must embrace decarbonisation

A real estate firm, The Address Homes, has stressed the need for property firms to embrace global...

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Developers unveil 600-units smart housing estate in Abuja

To bridge the deficit in housing, two real estate developers, Casa Cubana Homes and New Dawn...

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Edo government tasks agency on bridging housing deficit

Edo State Government has given the mandate to the Ministry of Housing to bridge the housing gap in...

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How To Own A Property In Nigeria For The First Time Without Getting Scammed

Owning a property in Nigeria is good investment. The thought of owning one can be quite satisfying...

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‘Why it is not difficult to own a house in Nigeria’

The Chief Executive Officer of Evermark Homes and Properties, Adekunle Ibrahim Israel has...

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Why Nigerian Real Estates Must Embrace Global Decarbonisation

The Address Homes Limited, a leading real estate company engaged in acquiring, developing and...

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Sanwo-Olu pledges to address housing deficit in Lagos

Governor of Lagos State, Mr Babajide Sanwo-Olu, has restated his government’s drive to...

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Want to flip houses? Here are 8 big challenges you'll need to overcome first

You buy a house for cheap, settling on a final purchase price of $80,000. You spend $20,000 and...

Real Estate News

Lagos seeks stakeholders’ compliance with real estate laws

The Lagos State Physical Planning Permit Authority has called for cooperation from built industry...

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Firm unfolds N5.6 billion Coopeast Beach Resort estate in Lagos

A private developer, Brains and Hammers, has increased the nation’s housing stock with a...

Housing Trends

Why Nigerian Real Estates Must Embrace Global Decarbonisation

The Address Homes Limited, a leading real estate company engaged in acquiring, developing and...

Latest News

We’ve reduced carbon emission for environmental sustainability – Real estate expert

AFRILAND Properties Plc, a real estate company, says it has reduced carbon emissions in the country...

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Real estate firm calls for global decarbonization shift

A real estate firm, The Address Homes, has emphasised the need for property firms to embrace the...

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Real Estate Firms Call For Renew Profession Sustainability

The real estate organisations made the vow at the recently finished 10th edition of Real Estate...

Housing Trends

How new money laundering law will impact on real estate

Following the President Muhammadu Buhari’s signing into law the Money Laundering (Prevention...

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6 amazing facts about real estate in Nigeria

Long time ago, real estate business used to be a business for the wealthy unlike now when anyone...

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Realtor Identifies Five Reasons to Invest in Real Estate in Nigeria

A realtor has urged Nigerians to invest in real estate without hesitation because its benefits are...

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Experts seek optimisation of real estate, public assets to raise nation’s GDP

AMID plummeting revenue, industry professionals are canvassing strategic handling of real estate...

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FCTA Marks 100 Houses For Demolition In Abuja Estate

Following the reoccurring flooding in the nation’s capital, the Federal Capital Territory...

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Affordable housing and the capital markets: Lessons learnt from the debut naira bond

The Affordable Housing Conundrum The mere mention of affordable housing and capital markets in the...

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Lagos intensifies enforcement drive for registration of real estate practitioners

The Lagos State Government through the enforcement unit of Lagos State Real Estate Regulatory...

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Why Nigerians Why Nigerians fall victim of property purchase, by expert fall victim of property purchase, by expert

To address the issues between landlords and tenants as well as educate Nigerians on law and...

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Experts identify challenges, prospects for real estate investment

Lagos-based real estate firm, Messrs Lifepage, has said operating in the sector has become tough...

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Experts Urge Real Estate Industry To Contribute To Nation’s GDP

According to real estate experts, the real estate sector needs to contribute more to economic...

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‘Inflation affecting growth of real estate sector’

Managing Director, Ramos Realty, Adeyinka Ramos has called on the government to intervene in what...

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Real Estate Holds Strength To Drive Other Sectors

Looking at the nexus between real estate and economic development, Founder of Eximia Limited, Mr....

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Developer pledges affordable housing for Nigerians

Gasvine Properties, a foremost Nigerian leading indigenous real estate development company, has...

Real Estate News

Real Estate Sector Battles Forex Constraints, Inflationary Pressure

The real estate market is currently underpinned by unexpected quick rise in exchange rates, foreign...

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Luxury Real Estate Outlook in Nigeria Remains Positive.

It is a welcome development that the Lagos State Government is putting various mechanisms in place...

Real Estate News

Nigeria’s new real estate capital

From a relatively unassuming street largely known for housing Kingsway Stores, Nigeria’s most...

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EFCC committed to fight against money laundering in real estate sector – Bawa

Citing a report, Mr Bawa says Abuja, Port Harcourt, Kano, and Lagos, are among the major cities...

Housing Trends

Firm to invest billions in Lagos housing sector

A pan African finance institution that supports the development of housing sector in Africa,...

Housing Trends

Nigerian Tenancy Agreement: All You Need To Know

Can you imagine signing a contract that includes being barred from cooking in your apartment or...

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Eviction pits Renaissance Estate home owners against First Trust Mortgage

Twelve years after some retirees and Nigerians abroad purchased houses in the Renaissance Estate in...

Housing Trends

Firm Unveils New Luxury Estate As Contribution To Tackle Housing Deficit

Real estate development and management outfit, White Rose Properties has uncovered its new luxury...

Real Estate News

Half of households in Lagos are spending around 70% of income on rent. Here are 3 ways to reduce this cost

Across the world’s top cities, we have found that households are spending as much as over 50%...

Real Estate News

There’s Need To Inject Integrity Into Real Estate Business

Why are you in real estate?We didn’t venture into The Address Homes to make money, even...

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ICPC to hasten probe of completed, but unoccupied estates

The Independent Corrupt Practices and other Related Offences Commission (ICPC) has said it would...

Housing Trends

FHFL commits N19.9 billion to 2,754 low-income homes in six states

Nigeria’s largest social housing fund, Family Homes Funds Limited (FHFL) has announced an...

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Pension Funds Investment In Real Estate, Infrastructure Will Grow Assets

The Head of Equities and Fixed Income sales, Absa Nigeria, Simi Ojumu, speaks on the operations of...

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LG Boss Promises Tax Waivers To Real Estate Firm

The Chairman of Emohua Local Government Area Dr. Chidi Lloyd, has promised to grant tax waivers to...

Housing Trends

Nigeria’s luxury home markets soared in 2021, record increase in sale prices

• Experts foresee increase in demandThe Nigerian luxury real estate market is getting a...

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Dealing with unbearable cost of housing

The unending inflationary spike and absence of implementable policies to support the built...

Real Estate News

Estate Surveyors Discuss Executive Order on Monthly Rent in A’Ibom

The recent executive order issued by the Minister of Works and Housing, Mr. Babatunde Fashola, to...

Housing Trends

Dealing with unbearable cost of housing

The unending inflationary spike and absence of implementable policies to support the built...

Housing Trends

Bridging Nigeria’s Housing Deficit

Precious Ugwuzor reports that with widening housing deficit, the recent incursion of China...

Housing Trends

Cost Of Living Rising Not Only In Nigeria – Fashola

According to Mr Fashola, the cost of living is not only rising in Nigeria but across the world. He...

Real Estate News

IGR: How Abuja Losses N600bn Annually From Real Estate Sector

ABUJA – The Chairman, Ad-hoc Committee created to Investigate Operations of Real...

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Nigeria’s real estate market will only thrive with collaborations — housing expert

A real estate expert, Mr Jide Odusolu says the Nigerian housing sector which remains the largest...

Real Estate News

5 Tips for Becoming a Real Estate Agent

The path to becoming a real estate agent isn’t exactly a mystery. However, if you want to...

Real Estate News

Nigerians need to see real estate as an investment, business opportunity

The Group Managing Director of Gasvine Properties Limited, Dr. Oziele Godwin has called on...

Real Estate News

Short-let apartment operators groan over running cost, raise prices

Rents are rising faster in short-let residential property markets in major cities, following a...

Real Estate News

‘Reduced competition.’ 5 predictions for the housing market in 2022, from economists and real estate pros

Aspiring home buyers may have watched as mortgage rates in recent months rose (though to be fair...

Housing Trends

Developer laments housing shortage, tasks government on decent homes

An Abuja-based property developer, Messrs SOW Real Estate has urged governments to up-scale efforts...

Real Estate News

Real Estate Global Market Report 2022'

This report provides strategists, marketers and senior management with the critical information...

Real Estate News

Real Estate Global Market Report 2022'

This report provides strategists, marketers and senior management with the critical information...

Real Estate News

Revisiting the Real Estate Development Bill

There is obviously a secret plan being nurtured and promoted by a group of real estate...

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FMBN to invest N40 billion in 5,000 housing units in 12 months

• Nigeria Police, public servants, fire service, NSCDC are beneficiaries In line with the...

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HOUSING DEFICIT: Real estate expert urges investors to employ block-chain app to co-own prime assets

To address the housing deficit, investors globally have been urged to co-own prime real estate...

Real Estate News

Housing deficit: What Nigeria can learn from Ghana

The Ghanaian government says it is committed to reducing the country’s housing deficit...

Real Estate News

Housing deficit: What Nigeria can learn from Ghana

The Ghanaian government says it is committed to reducing the country’s housing deficit...

Real Estate News

How To Find The Best Property Manager For Your Property In Nigeria

Being a landlord in Nigeria can be a difficult job, especially if you have decided to put up your...

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Why Nigerian Real Estate Investors Eye Opportunities in Other African Countries

Experts have explained why real estate investors eye opportunities in other markets across Africa,...

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Lagos sanitation of real estate industry right on time

As a player in this industry for upward of 10 years, I’m quite aware that this day will come...

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How Russia-Ukraine war affects real estate in Nigeria –Experts

Experts in Nigeria’s real estate sector have warned that growth in the indsutry would be...

Real Estate News

ESVARBON cautions practitioners against unethical practice

The Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON), has charged newly...

Latest News

LG Boss Promises Tax Waivers To Real Estate Firm

The Chairman of Emohua Local Government Area Dr. Chidi Lloyd, has promised to grant tax waivers to...

Real Estate News

10 proven ways Africans can make money investing in real estate

Real estate is a profitable sector in Sub-Saharan Africa due to the region's fast-rising population...

Real Estate News

Real estate positive growth brightens 2022 outlook

Once again, the real estate sector of the economy has shown resilience, posting 2.26 percent growth...

Real Estate News

Dissecting Development in Real Estate Industry

Recently, the Lagos State Governor, Mr. Babajide Sanwo-Olu, signed into law three bills that were...

Celebrity Real Estate

Sixth birthday: Tonto Dikeh gifts son piece of land in Scotland

Nollywood actress, Tonto Dikeh, has gifted her son, Andre, a piece of land in Scotland as the...

Real Estate News

Construction, real estate, others major contributors to growth in 2022’

The Construction and Real Estate Group of the Nigerian-British Chamber of Commerce has dissected...

Real Estate News

Real estate and the digital era in Nigeria

There is no doubt that the ravaging COVID-19 has significantly changed the way people live, work...

Real Estate News

‘Real estate remains smartest way to build generational wealth’

Towards ensuring that Nigerians broaden their investments in the real estate sector especially...

Housing Trends

New Lagos law will protect real estate transactions, says official

Lagos authorities have explained that the recently signed Lagos State Real Estate Regulatory...

Real Estate News

Real estate, construction to lead economic recovery –Experts

Experts from the Nigerian-British Chamber of Commerce (NBCC) have unanimously agreed that,...

Real Estate News

Blockchain in real estate

Real estate is the world’s biggest asset class. A growing number of businesses and real...

Real Estate News

Mixta showcases 2022 roadmap for African real estate market

Mixta Africa, one of Africa’s largest indigenous real estate companies has announced plans to...

Research

Experts predict 2.9% real estate growth this year 2022

Notwithstanding heightened uncertainty and affordability challenges, experts are optimistic...

Housing Trends

Ground rents, titles add N1.42 billion to Borno IGR

The Borno State Geographic Information Service (BOGIS) has increased its internally generated...

Housing Trends

The Need for FG, States to Leverage Non-Interest Finance to Bridge Nigeria's Housing Deficit

The Federal Government of Nigeria and State Governments have been advised to tap into the...

Real Estate News

Benefits of reviving Nigeria’s ‘dead capital’ in real estate sector

• Experts seek new land reform policy, abrogation of land use Act Housing experts have...

Latest News

Experts explore real estate opportunities in Africa

Real estate and financial experts converged on Lagos at the weekend to explore investment...

Real Estate News

Benefits of reviving Nigeria’s ‘dead capital’ in real estate sector

• Experts seek new land reform policy, abrogation of land use Act Housing experts have...

Real Estate News

Why should you get a real estate agent to manage your property?

If you’ve been tuning in to investor stories on the smart property investment post then...

Celebrity Real Estate

8 features of the best short-let apartment in Lagos

The US vacation rental industry’s total revenue is estimated to reach $14 billion dollars in...

Real Estate News

Top 7 places to buy cheap land in Nigeria in 2023

There’s no doubt that Real estate is one of the best methods to build long-term wealth, and...

Real Estate News

Why cement price is highest in Kano, Lagos markets

Despite the closeness of plants to Lagos, cement prices are shooting beyond the roof in reaction to...

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Facility managers may raise service charges as energy bills skyrocket in estates

These are not the best of times for facility managers as increasing energy prices have shot up...

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Regulating "Estate Agents" in Nigeria

The Lagos State Government enacted a Tenancy Law a while ago. Tenants in the State saw this as a...

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Why most Nigerians can’t access mortgage to own houses

With a housing deficit running into tens of millions, many Nigerians face the challenge of owning...

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5 beginner tips to invest in Nigerian real estate

In Nigeria, there are two main ways to invest in real estate. You can either buy an existing home...

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Real Estate Investing for beginners in 2022

Buying real estate is the biggest, safest, longest-lasting, and greatest investment one can make...

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Real Estate Trend 2022: Impact of Covid-19 on the Real Estate Industry.

Oneland Africa has in its recent trend diagnosed the negative impact that befell the real...

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Opportunity is a race in today’s real estate market

Upon the setting of a bear market, much anticipation and pessimism are revealed… however,...

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Nigeria:- How to deal with fraudulent activities in real estate sector

The unprecedented activities of fraudsters and professionals who invade the real estate market to...

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2022 outlook: Experts optimistic, predict 2.9% real estate growth

Notwithstanding heightened uncertainty and affordability challenges, experts are optimistic of...

Latest News

2022 outlook: Experts optimistic, predict 2.9% real estate growth

Notwithstanding heightened uncertainty and affordability challenges, experts are optimistic of...

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Unleashing Real Estate Potentials in Nigeria

Given the real estate deficit that has plagued the nation, MD/Chief Executive Officer, Reftop Homes...

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‘Real estate remains hedge against inflation’

A new report by a Lagos-based real estate firm, Octo5 Holdings limited has revealed that the...

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Experts optimistic as real estate sector underperforms

After the COVID-19 pandemic disrupted activities, which are at the heart of the real estate...

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NMRC urges private developers to build green homes

Towards ensuring affordable and environmentally friendly living, the Nigeria Mortgage Refinance...

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Importance of Absorption Rate in Real Estate

Absorption rate is the number of months it would take to sell the currently listed homes in the...

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Stakeholders query FG’s costly housing prices nationwide

Amid growing public concern over housing prices introduced by the Federal Government under the...

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Government should abolish obsolete policies, regulate real estate sector

The real estate sector is facing challenges of dwindling consumer disposable income. How much has...

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Local home prices grew 30% in third quarter, says Knight Frank

As global home prices ticked up in the third quarter, there’s evidence that they’ve...

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6 REAL ESTATE INVESTMENT OPPORTUNITIES YOU CAN KEY INTO BEFORE THE END OF 2021

This year has been a long run, from businesses and individuals trying to recover from the adverse...

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Lagos raises N5bn to kick-off Monthly Rental Policy

The Lagos State Government has urged Lagosians to key into the proposed Lagos monthly rental policy...

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Firm partners Lagos on real estate market conference

To contribute towards the growth of the sector, property development firm, Messrs The Address Homes...

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RICS tasks stakeholders on sustainability in construction, real estate

To limit impact of climate change, the Royal Institution of Chartered Surveyors (RICS) Nigeria...

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Real estate to get regulatory council –Senate

The Senate and House of Representatives, recentlly passed the bill to establish the Real Estate...

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Stakeholders query FG’s costly housing prices nationwide

Amid growing public concern over housing prices introduced by the Federal Government under the...

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Developer launches new investment option, plans affordable housing estates

Lagos-based real estate firm, Messrs GMH Luxury, has reaffirmed its commitment to bridge existing...

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Real estate investment should be seen as a big deal to raise Nigeria’s economy

Nigeria is the poverty capital of the world, yet very rich in human resources. Aside from...

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Sanwo-Olu delivers Ibeshe LagosHOMS project, adds 480 homes to housing stock

Determined to bridge the housing deficit and create affordable accommodation for residents, Lagos...

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Senate passes bill to regulate real estate business in Nigeria

The Nigerian Senate, on Wednesday, passed a bill for the establishment of the Real Estate...

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Real Estate Regulatory Council Bill Will Reverse Negative Trend —HDAN

Apart from sanitising the housing sector, the Real Estate Regulatory Council Bill when assented to...

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‘Tech, public sector infrastructure key to real estate recovery’

The 7th annual West Africa Property (WAPI) summit has been slated for November 23-24 at Four Points...

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AKINTAYO ADARALEGBE: The Phenomenal Rise of a Real Estate Magnate

Emerging from very humble beginnings, Akintayo Adaralegbe ascended through the rungs of the ladder...

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Senate Passes Bill to Regulate Real Estate Business

Deji Elumoye in Abuja The Senate on Wednesday passed a bill to establish the Real Estate...

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Future of rental market for landlords and tenants in Nigeria

The real estate sector in Nigeria has recorded tremendous growth over the years and has become a...

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Confronting Nigeria’s housing deficit

As public servant, Babatunde Raji Fashola has always been guided by the prudence of data and...

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Fashola’s bold step to bridge housing deficit

Last Friday, inside the Conference Room of the Federal Ministry of Works and Housing in...

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FG opens bid for Nigerians to own houses that take 19 years’ savings to buy

The Federal Government is set to commence the sale of houses under the National Mass Housing...

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Real Estate experts set to train industry enthusiasts

Experts in Nigeria’s real estate industry will be giving tips to industry enthusiasts on how...

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9 POINTERS THAT WILL PREVENT YOU FROM MAKING A BAD REAL ESTATE INVESTMENT DECISION IN NIGERIA

Investment itself comes with a lot of risks that can be jeopardized as a result of bad decisions...

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Government should deploy pension fund into real estate sector, says Ejidiran

Mr. Yemi Ejidiran is a quantity surveyor and Managing Director, Wemabod Limited. He spoke with...

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Oyo issues quit notice to illegal occupants

The Oyo State Government has vowed to deal with all illegal occupants of government properties,...

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Rent rises by 35% in Abuja metropolis, environs

Abuja rent growth is outpacing the rest of the northern region as the city’s apartment market...

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Firm woos home subscribers with 10-year interest free mortgage

A roperty investment company, Lifepage Group, has reiterated its resolve to build one million...

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Prognoses, remedies for Nigeria’s housing deficit

This report aims to look at the problems in the housing sector in Nigeria and the...

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Experts seek enabling environment to grow housing sector

To unlock more growth in the sector, the Managing Director of Sabreworks ltd, Mr. Olusegun Philips...

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Easy Guide to Building a Low-Cost House in Nigeria

With the fast rising cost of owning a house in Nigeria, you are probably on the lookout for an...

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Impact of COVID-19 on Nigeria’s property market

The spread of the COVID-19 pandemic undermined the real estate sector throughout the...

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Rent rises by 35% in Abuja metropolis, environs

Abuja rent growth is outpacing the rest of the northern region as the city’s apartment market...

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Firm excites real estate investors with massive profits on investment plan

Nigerians both in diaspora and in the country with a plan to invest in the nation’s booming...

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Expert advises Nigerians to invest in real estate business to create wealth

The real estate sub-sector of the Nigerian economy has been described as a veritable and sure...

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Eystone allocates land at Capstone Estate, fulfills pledge of seamless ownership

Fast rising property development company, Eystone Development, has taken another step in the...

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Insolvency Hits Real Estate Sector

Insolvency is hitting the real estate market even as real estate operators and construction...

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Africa’s real estate market to bounce back by Q1 2023, says Horne

The Group Chief Executive Officer, Broll Property Group, Malcolm Horne, has predicted that the...

Real Estate News

Indigenous engineers must develop capacity for projects, says Ogunmola

Despite the signing into law of Executive Order 5, participation of indigenous engineers in...

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Groups advocate for water policy in Borno State

The Borno State Civil Society Organisations (CSOs) and WaterAid have advocated for a water policy...

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UPDC begins Pinnock Prime Estate in Lagos

Foremost property development Company, UPDC Plc has begun a site and services scheme in Lekki...

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State of Nigeria’s housing report indicts FG, states

• Proposes affordable housing development fund• Less than 100,000-units built in a...

Real Estate News

How To Handle Fraudulent Activities In Real Estate Sector

The unprecedented activities of fraudsters and professionals who invade the real estate market to...

Real Estate News

Cruxstone, LSDPC in Victoria Island’s Iconic Towers project

As high prices of building materials threaten construction costs and dampen hopes of quality homes,...

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Increasing housing rent puts pressure on South East residents’ income

The nation’s inflationary trend, which rose as high as 17.01 per cent, is adversely impacting...

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Real estate sector must take advantage of technology, say experts Real estate sector must take advantage of technology, says experts

Experts have urged professionals in the real estate industry to take advantage of...

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UNILAG centre gets £1.9m grant for urbanisation studies

The Centre for Housing and sustainable Development (CHSD), University of Lagos has won a grant...

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Opportunity is a race in today’s real estate market

Upon the setting of a bear market, much anticipation and pessimism are revealed… however,...

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NES to enhance environmental protection in Abia

The Abia state chapter of the Nigerian Environmental Society (NES) has pledged to develop effective...

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One-third of countries lack air quality standards, says report

A new report by the United Nations Environment Programme (UNEP) has revealed that one-third of...

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Osun begins dredging of rivers to avert flooding

To prevent further destruction of life and property, Osun State government has commenced dredging...

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Julius Berger deploys new equipment in Abuja – Kano road project

To ensure speedy delivery of construction works in the country, Julius Berger Nigeria Plc, has...

Latest News

Experts seek enabling environment to grow housing sector

To unlock more growth in the sector, the Managing Director of Sabreworks ltd, Mr. Olusegun Philips...

Latest News

Covid-19 pandemic and real estate sector

Nigeria’s real estate sector has not remained the same since the advent of the global...

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Experts canvass proper management of Nigeria’s water resources

A research report by the American Water Works Foundation in 1996 pointed out key basic principles...

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Kano to plant one million trees

The Kano state government has launched a statewide one million tree planting campaign across the 44...

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Prices of building materials increase by 300 percent, worsening housing deficit

These are not the best of times for potential homeowners and developers as a sharp increase in...

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High rent pushes affordable accommodation beyond reach of Southwest residents

• Rent rise by over 50 per cent in major locations Rental homes are getting more expensive in...

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Surveyors to partner EFCC on real estate sector crimes

Want owners of vacant properties in FCT, others investigated• Urge scrutiny on...

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Government should build more affordable, social housing in cities, says Demola-Alade

Despite a struggling economy and insecurity in the country, the residential market has remained...

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Professionals canvass solutions to urban challenges

A chief lecturer in the department of urban and regional planning, Yaba College of Technology...

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High rent pushes affordable accommodation beyond reach of Southwest residents

Rental homes are getting more expensive in Southwestern cities as professionals and young families...

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Lagos plans new towns for Ito-Omu, other communities

Encouraged by the potential of Ito-Omu and its adjoining communities in Ibeju and Epe Local...

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Firm cries out over alleged invasion of its property

A real estate firm, Vinhomes Global Services Limited, has petitioned the Attorney General and...

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Delta expands Warri-Uvwie storm drainage project

In a bid to ensure proper and enduring control of flood in the affected area when completed, the...

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Experts task governments on housing infrastructure

A Lagos-based developer, Wealth Island Properties has implored the federal and state governments to...

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Sanwo-Olu pledges to partner estate surveyors, sanitise sector

To unlock more investment, the Lagos State Governor, Babajide Sanwo-Olu has reaffirmed the...

Latest News

Affordable housing still a long way to go in Lagos, says report

A new report released by the Ikeja branch of the Nigerian Society of Engineers (NSE) has revealed a...

Real Estate News

Surveyors decry manipulation of land tenure system in Abuja

The Association of Private Practicing Surveyors of Nigeria has expressed worries over alleged...

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Lagos adopts shipping containers in modular building designs for schools

The Lagos State Government has introduced modular building systems such as containerised material...

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Stakeholders propose states’ affordable housing commissions, trust fund

Apparently, to ensure collaboration in the delivery of affordable housing for low-income earners,...

Real Estate News

Real estate sector must take advantage of technology, say experts

Experts have urged professionals in the real estate industry to take advantage of existing...

Latest News

Quantity surveyors charge practitioners on construction costing

To avert pitfalls in project delivery, the Nigerian Institute of Quantity Surveyors (NIQS) has...

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Estate surveyors move to resolve dispute with Lagos, seek creation of valuer-general

After months of lingering legal tussles that ended at the Federal High Court over the powers of the...

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FHA, Hongye group to develop green smart city in Abuja

Plans are underway by the Federal Housing Authority (FHA) and Hongye Group to develop a green smart...

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Cedarwood Estate delivers keys to subscribers

PWAN Plus, owners of Cedarwood Luxury Estate has handed over keys of three bedroom terraces and...

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Property firm woos investors with Dominican Republic residency

A Nigerian real estate consultancy firm, Overland Properties Limited, has announced plans to...

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Group gets Macarthur’s grant to support FCT communities

The Resource Centre for Human Rights & Civic Education (CHRICED) has been awarded a grant from...

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Nigeria’s security challenges impeding growth in real estate sector – Adebayo-Adedayo

The Chief Executive Officer (CEO) of Rock Realty Limited, Ibukun Adebayo-Adedayo has played a big...

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Lagos govt plans regeneration of Okobaba sawmill site

On the heels of the relocation of saw millers at Okobaba to Agbowa-Ikosi site, the Lagos State...

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Lagos decries illegal developments, encroachment on government land

The Lagos State Building Control Agency (LASBCA) has decried illegal development and encroachment...

Latest News

Building collapses in Lagos community, kills owner

A two-story building under construction in a Lagos community collapsed on Tuesday, killing its...

Latest News

Surveyors to partner EFCC on real estate sector crimes

• Want owners of vacant properties in FCT, others investigated• Urge scrutiny on...

Real Estate News

Experts seek policy boost to bridge Nigeria’s housing deficit

Experts in the real estate sector have urged the government to introduce policies that would...

Latest News

Homebuyers are finally catching a break as new listings rise and mortgage rates drop

For more than a year now, the housing market has been a perfect storm for sellers, but the winds...

Real Estate News

Diaspora Nigerians switch away from real estate as depreciating exchange rate erodes returns

Four years ago, when Nigeria first suffered a major currency crisis, Chukwuemeka decided it was...

Real Estate News

Experts seek improved environment, technology to drive homeownership

Towards increasing housing delivery, experts have reiterated need for enabling environment and...

Latest News

Builders, contractors jostle for ready-mix concrete as cement price rises

Apparently, to stave off rising cost of cement in the building material markets, contractors and...

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Lagos Fourth Mainland Bridge project triggers increase in property transactions

Ahead of selecting a contractor for the multi-billion-naira Fourth Mainland Bridge project, the...

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How to Go the Extra Mile for Real Estate Clients

The real estate industry has undergone a lot of changes since Liz Moore began her career in 1984....

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Govt tasks valuers on national development

The Federal Government has advised estate surveyors and valuers to always have the interest of...

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Stakeholders optimistic over resumption of FCDA’s land swap scheme

Following the Federal Executive Council (FEC) approval for the resumption of the Federal Capital...

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Lagos to incorporate foreclosure in mortgage, property law

The Lagos State Government plans to de-risk the housing and mortgage sector, unlocking its...

Latest News

Real estate firm launches Primehood Estate in Ibadan

MKH Investment Limited, one of the fastest-growing real estate companies in Lagos, has extended its...

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Oyo begins land use charge scheme

The Oyo State Governor ‘Seyi Makinde has commenced the payment of Land Use Charge by paying...

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Increased activity expected in Lagos prime office market, says report

• Average prime rents up by 20% in Q1 2021• Prime office yields 8%, driven by pent up...

Latest News

ERA seeks restoration of polluted Niger Delta ecosystems

The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has called for the urgent...

Real Estate News

Top 3 rising real estate areas in Abuja

Beyond the glitz and glamour that surrounds the main FCT metropolis lies some upcoming but relative...

Latest News

As Africa’s drylands near tipping point, experts proffer solutions

Nearly half of Africa’s population could face a future of widespread drought, hunger and mass...

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Abia laments ecosystem collapse

Participants at a forum organised by the Nigeria Erosion and Watershed Management Project (NEWMAP)...

Latest News

Winners Noah’s ark to cater for 100,000 worshippers, says official

Although first announced in 2015 as the “Faith Theatre”, the ongoing Winners...

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The fight against plastic waste: Recyclan attempts Guinness World Record challenge

Recyclan, in partnership with the Lagos State Ministry of Environment and humanity Nigeria, is...

Real Estate News

African Interest in Residential Property in Europe and the US Increased by 25% in 2020

Despite the pandemic, African interest in property abroad did not drop in 2020. Conversely, it grew...

Latest News

How Lagos government stalled old federal secretariat housing project – Resort official

The article, on The Guardian property page of Monday, June 7, 2021, titled Federal Secretariat,...

Real Estate News

Enugu government moves to solve housing needs of low-income earners

Enugu State Government has said it is determined to provide shelter for prospective homeowners in...

Real Estate News

2021 projected to be good year for real estate sector in Nigeria if…?

Despite the job losses and salary cuts caused by Covid-19 pandemic which prevented many home...

Latest News

Stakeholders advocate sustainable building production process

Poised to achieve comfort in buildings, experts have stressed the need for professionals in the...

Latest News

FG:- Secretatriat, Defence building, other properties in Lagos wallow in neglect

Concerns have continued to mount over the abandonment of Federal Government buildings in Lagos, the...

Latest News

Demand for residential, industrial segments to drive real estate growth

The opportunities created amid the COVID-19 pandemic has raised optimism that the residential,...

Real Estate News

Analysts Eyeball Opportunities in the Real Estate Market in Nigeria

The growth of the Nigerian Real Estate sector in 2021 was the focus of experts and analysts at the...

Latest News

Lagos agency seeks compliance with greenery law

To mitigate the impact of climate change and improve environmental sustainability in Lagos, the...

Latest News

Mortgage deal goes sour as developer ejects Heliu’s residences’ homeowners in Enugu

A mortgage deal in HELIU Residences supposed to make civil servants in Enugu State Government...

Latest News

Lagos inaugurates committee on real estate regulation

To boost investors’ confidence, the Lagos State Government has inaugurated a 16-man Technical...

Real Estate News

Why iBuyers Will Fuel Real Estate’s Rebound

When iBuyers pushed the “pause” button in March as a result of market conditions and...

Real Estate News

The State of Real Estate in Nigeria and The Possibilities

Every economic and political factor in Nigeria indicates that the Real Estate ecosystem can only...

Latest News

Majoroh seeks restructuring of architecture curriculum

Former President, Nigerian Institute of Architects (NIA), Chief. Charles Majoroh has called for the...

Latest News

Government should create incentives for developers of social housing, says Odusolu

Babajide Odusolu is the former Managing Director, Ogun Property Investment Corporation (OPIC) and...

Latest News

FG plans new 30-year concession, redevelopment of Tafawa Balewa Square

A fresh 30-year concession for the redevelopment of Tafawa Balewa Square (TBS) located in Marina...

Latest News

Homes in Nigeria come in various styles, forms and shapes

Homes in Nigeria come in various styles, forms, and shapes — from mansions to bungalows to...

Latest News

Double H launches 2 new automated luxury short-stay apartments in Lagos, accepts bitcoin

Lagos is known for its exuberance and The Double H was established with that in mind. The African...

Latest News

Lagos seal deal with Ogun on Adiyan phase 11 water project, commits to noise pollution reduction

The Lagos State government has completed negotiations with its Ogun State counterpart on ceding...

Latest News

Professionals jostle for burnt assets restoration, upgrading jobs

Expectations were high at the weekend as professionals submitted proposals for the consultancy...

Unique Homes

Central bank of Nigeria through Bankers committee Consultants named as contractor begins N21 billion National Arts Theatre renovation project

About 28 years after it was abandoned, Nigeria’s primary centre for the performing arts...

Latest News

N3b mortgage facility launched to bridge MDAs 30% equity in NHF

Fresh building blocks were again laid recently in Lagos, unto Nigeria mortgage finance sub-sector,...

Latest News

Fed ministry fails to keep records of houses built, sold in six years

• Over N250b received by housing ministry• Housing agencies exonerate selves from poor...

Latest News

Massive rent hike looms in cities amid economic uncertainty

With inflation trend rising, experts are foreseeing an increase in rent and property values...

Latest News

Property owner petitions Lagos government over alleged forceful eviction

A Property owner, Mr. Stephen Ugochukwu, has sent a save-our-soul message to the Lagos State...

Latest News

Prospective homeowners allege hijack of Lagos housing schemes by monebags, politicians

This insinuation far from the truth, says officialMrs Titi Akinlowo’s dream was to have a...

Latest News

Delta Steel: Story of arrested dreams to industrialise Nigeria

The eerie silence and emptiness at the large reception hall of the imposing four-storey...

Latest News

How Lagos agencies promote violation of building code

More than a month after building regulations agencies were notified about a structure under...

Latest News

Inflation, exchange rate threaten building materials’ cost in states

As inflation continues to spiral, major building materials markets in some parts of the country...

Real Estate News

Novarick Homes offers investors Ruby 2, Ruby 3 terraces

As part of its promise to guarantee increased investments in the real estate sector, Novarick...

Latest News

Enugu government, developers plan 1,000 affordable housing units

A tripartite agreement that will yield 1,000 affordable housing units in Enugu State has been...

Latest News

Julius Berger bags Lagos Island regeneration contract

The Lagos State Government has awarded reconstruction and upgrade of three roads in Lagos Island...

Latest News

90 percent of land in Nigeria not registered, say estate surveyors

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) said over 90 per cent of land in...

Latest News

Best in Real Estate Awards 2021: Jim Lighthizer, Chesapeake Real Estate Group

The numbers: The construction industry’s confidence rebounded in April, according to...

Latest News

Lagos to knock down 297 properties for 37-km new rail line project

As Lagos State Government prepares for the first phase construction of a 37-kilometre rail project,...

Real Estate News

Firm targets 1500-unit houses in Abuja, Lagos, others

To mitigate the nation’s housing deficit, a real estate firm, the COPEN group has indicated...

Real Estate News

FCT’s Jabi Lake project to cost $21 million, says ICRC

The Infrastructure Concession Regulatory Commission (ICRC) has said, the proposed Jabi Lake project...

Latest News

Wasting food fuels climate change, new UN report warns

More than 930 million tonnes of food sold in 2019 landed in waste bins, according to a new UN...

Latest News

Controversy rages over new housing projects in Osborne Foreshore Estate

The emerging battle to wade off private developers and investors from constructing...

Real Estate News

LASEPA gets effluent treatment plant, monitoring station

To mitigate climate change effects and ensure environmental sustenance, the Lagos State...

Latest News

Integration of urban planning key to COVID-19 recovery, cities’ resilience

Dr. Omoayena Odunbaku is the UN-Habitat’s Human Settlement Officer in charge of...

Real Estate News

ESVARBON to appeal verdict as court backs Lagos on real estate regulation

Legal battle over the regulation of real estate transactions in Lagos state is expected to move to...

Latest News

Osborne residents battle Lagos over conversion of green zone to courthouse

Osborne Foreshore Estate residents have contested moves by Lagos State Government to convert area...

Latest News

FG to revive artisans school, demolish 40 buildings for new Lagos-Ibadan bridge

Poised to address the dearth of skilled labour, the Federal Government has pledged to resuscitate...

Real Estate News

Substandard steel products flood markets in south east, others

Substandard steel products are being sold in major building materials in the country, especially in...

Latest News

FHA contractors protest N1.5b debt in Zuba project

Contractors handling the Abuja mass housing project in Zuba are in dilemma over the inability of...

Latest News

FG inaugurates HYPREP council, Ogoni trust fund trustees

The Federal Government has inaugurated the second Governing Council of Hydrocarbon Pollution...

Real Estate News

Alpha Mead’s Lekki Pearl Estate gets IFC’s green building certification

International Finance Corporation (IFC) has given a green building certification to Lekki...

Latest News

Architects seek recognition for professionals in civil service

The Nigerian Institute of Architects (NIA), has expressed worry over the relegation of built...

Latest News

Insecurity deepens housing woes as stock drops in hotspots

Fresh concerns loom large in the real estate sector, as operatives are apprehensive that housing...

Latest News

Mortgage refinance demand plunges 43% from a year ago, as higher interest rates take their toll on borrowers

The recent sharp rise in interest rates is now taking a toll on mortgage refinance demand, as the...

Latest News

Lagos threatens to blacklist consultants, pushes for standard in materials testing laboratories

Lagos State Environmental Protection Agency (LASEPA), has charged accredited consultants to be more...

Latest News

Experts list benefits, pitfalls for first-time real estate investors

With 75 per cent shortfall in Nigeria’s home ownership, industry experts have urged first...

Latest News

The three-prong approach to reducing Nigeria’s housing deficit – Olaposi Lawore

Olaposi Lawore is the Managing Director of Dynasty Real Estate (DRE). He has a passion for...

Latest News

UN talks end, call for action on planetary emergencies

Ministers of the environment and other leaders from more than 150 nations, last week, concluded a...

Real Estate News

Amid instability, buyers finding deals in Nigeria’s luxury property market

After last year’s unpredictability, hopes are high for Nigeria’s real estate as the...

Latest News

NIESV seeks enabling environment for real estate sector

Given the challenges facing the real estate industry, valuers have urged the Federal Government to...

Latest News

Female builders urged to embrace technology as Said becomes chairperson

Piqued by the low contribution of the construction sector to the national Gross Domestic Product,...

Latest News

Novarick Homes unlock lucrative property investments in Lagos

In a bid to contribute to the economic growth and prosperity, Novarick Homes, a property...

Latest News

Novarick Homes unlock lucrative property investments in Lagos

In a bid to contribute to the economic growth and prosperity, Novarick Homes, a property...

Real Estate News

How Nigeria’s real estate sector can shake off pandemic blues – Lawore

When the first case of the coronavirus pandemic was discovered in Nigeria, there was apprehension...

Real Estate News

Doctors begin housing project in Anambra, seek governments assistance

The Nigerian Association of Resident Doctors (NARD) has commenced its housing project in Anambra...

Housing Trends

Ex-Urbanites Bring Rude Awakening to Quiet Suburbs

Former urban dwellers who have fled to quieter, smaller towns during the pandemic may find...

Real Estate News

Group donates N74 million equipment to national park

Towards repositioning Nigeria as a tourism destination, the Africa Nature Investors (ANI)...

Real Estate News

Amid rent defaults, estate agencies adopt diligent standards for tenants

As businesses begin to emerge from the COVID-19 crisis, many of those whose operations were...

Real Estate News

Firm battles Enugu commissioner over alleged forgery of land documents

The question of whether or not Enugu State Commissioner for Lands and Urban Development,...

Research

For First Time in 5 Years, Britain’s £1 Million-Plus Market Sees Growth

Britain’s luxury property market swelled in 2020, as an increasing number of homes joined the...

Real Estate News

Removing bottlenecks will unleash housing potential, says Dada

Martin Dada is a professor of building at the University of Lagos. He spoke to VICTOR...

Real Estate News

NMRC’s N10b bond offers new vista for mortgage financing

Better days seem ahead for housing finance in the country, following the listing of the Nigerian...

Real Estate News

FG’s forfeited assets throw up valuation jobs for estate surveyors

An unprecedented scale of valuation jobs might have been thrown up for estate surveyors and...

Latest News

How FMBN’s new banking solution will improve housing delivery

The nation’s apex mortgage bank has announced a technology-driven system that would help...

Latest News

Creating Nurturing And Protecting Your Brand

The outbreak of the pandemic across the globe and its ravaging effects in Africa-particularly...

Real Estate News

Why states are slow, not active in housing delivery

Despite the place of shelter in the Maslow’s hierarchy of human needs, housing delivery in...

Real Estate News

Surveyors move to review SURCON Act, extoll Kukoyi’s virtues

To address contentious areas of the Surveying Council of Nigeria (SURCON) Act, and ensure lasting...

Real Estate News

Dangote completes Nigeria’s longest rigid pavement road

Dangote Group, a Nigerian multinational industrial conglomerate has completed the...

Real Estate News

HDAN cautions estate developers against dubious acts

The Housing Development Advocacy Network (HDAN) has cautioned dubious developers operating in the...

Real Estate News

Construction sector slumps amid shrinking funds

Notwithstanding its below-average performance in 2020 occasioned by government inability to pay...

Latest News

Kebbi revokes contract for Madanfara-Yeldu-Kare road

The Kebbi State Governor, Senator Atiku Abubakar Bagudu, has revoked the contract for the...

Real Estate News

Firm targets low-income earners in new housing scheme

A Lagos-based real estate Company, Property World Africa Network (PWAN Group) has said its new...

Real Estate News

Borno State Governor Babagana Zulum lays foundation for Borno’s resettlement city.

Borno State Governor, Babagana Zulum has laid the foundation for the construction of...

Latest News

Operators are optimistic that there could be an early rebound in 2021 if government lives up to its obligations .

Notwithstanding the poor performance of the real estate sector last year, occasioned by...

Latest News

Amidst COVID-19, Ogundele strives to make luxury living affordable

As the world has been ushered into the year 2021 and as the COVID-19 looms ahead after the second...

Latest News

Operators cautiously optimistic of real estate recovery in 2021

Notwithstanding the poor performance of the real estate sector last year, occasioned by the...

Latest News

FCT warns councils against illegal land approvals

The Federal Capital Territory Administration (FCTA) has warned the six area councils against...

Latest News

Lagos State Announced The Removal of 200 Shanties at Opebi, Ikeja

The Lagos state commissioner for Physical Planning and Urban Development, Dr Idris Salako disclose...

Research

Real estate report predicts rise in vacant office space

The Nigerian Real Estate Market half-year report, released by Northcourt, a real estate advisory,...

Latest News

President, House of Reps and security

Nigerians are not amused by the seeming politicisation of safety of lives and property of citizens,...

Latest News

Developer unfolds luxury apartments

Despite uncertainty in the housing sector, worsened by rising inflation in the country, a...

Latest News

Govt needs new policy framework for housing, says Aihie

Anthony Aihie is the Managing Director/Chief Executive Officer, Design Union Limited, a...

Real Estate News

RRS arrests five real estate ‘serial scammers’

A five-member gang of serial real estate scammers, who were about to fraudulently lease out someone...

Real Estate News

AEAN joins realtors’ global network

The Association of Estate Agents in Nigeria (AEAN), an affiliate of the Nigerian Institution of...

Research

Trends That Will Be Visible in Real Estate Post COVID-19

The third decade of the 21st century opened up to a world that has been forced into a sharp...

Latest News

FG Moves to Recover 149 Illegally Occupied Properties

There is palpable fear as the federal government has commenced the process of recovering about 149...

Housing Trends

Lagos Cancels 2018 Land Use Charge

This was disclosed by the Lagos Commissioner for Finance, Dr Rabiu Olowo, on Wednesday. According...

Housing Trends

NEC Approves 300,000 Housing Units For States

The National Economic Council (NEC) in a virtual meeting presided over by the Vice President,...

Housing Trends

Nigeria luxury real estate slumps amid coronavirus crisis

As the downturn from coronavirus pandemic squeezes the economy, higher-end and luxury real estate...

Latest News

Why rent control will not fix housing shortage, end forced eviction

With a population of over 200 million, Nigeria’s major cities are groaning under housing...

Latest News

Economic uncertainty triggers demand for warehouse space

As some retail and e-commerce firms are increasing operations to meet customers’ necessities...

Latest News

Nigeria real estate opportunities still untapped — ARCON president

The President, Architects Registration Council of Nigeria, Sir Oladipupo Ajayi, says...

Latest News

How coronavirus will affect Nigeria’s real estate, house prices

As the coronavirus continues to spread, there is fear and trepidation in the air among the real...

Latest News

Unsung heroes of Abuja master plan

The International Planning Associates (IPA) was commissioned in June 1977, by the Federal Capital...

Latest News

Falana backs NIOB to prosecute building collapse offenders

A human rights lawyer, Mr. Femi Falana, has pledged his support towards addressing the menace of...

Real Estate News

Why real estate investment trust penetration remains low in Nigeria

As Nigeria’s housing shortfall rumbles on, the impact of Real Estate Investment Trusts as...

Latest News

Haven Homes, Seso Global collaborate on new property development

Haven Homes, a real estate developer, has partnered Seso Global, a property sales and marketing...

Celebrity Real Estate

Yobo seeks more opportunities for aspiring homeowners

Ex-Nigerian international (footballer), Joseph Yobo, says to reduce the country’s housing...

Real Estate News

Why real estate investment trust penetration remains low in Nigeria

As Nigeria’s housing shortfall rumbles on, the impact of Real Estate Investment Trusts as...

Real Estate News

FG completes 2,500 housing units in 34 states

The Federal Government has completed 2,500 housing units in 34 states, the Minister of Works and...

Real Estate News

IFMA, institute to boost facility management capacity

The International Facility Management Association, Nigeria Chapter and Applied Engineering...

Real Estate News

Govt can partner developers to transform society – Sparklight

The Chairman, Sparklight Property Development Company, Chief Olutoyin Adeyinka, has said the...

Latest News

Expert blames developers for downturns in real estate sector

The slow down in Nigeria’s real estate industry has been blamed on oversupply in the...

Real Estate News

‘Demand for housing in Africa is rapidly outstripping supply'

The Majority of African countries are facing a housing crisis as a result of high population...

Housing Trends

Stakeholders decry illegal property development in Lekki

Real estate investors in the Lekki area of Lagos State have decried the distortion of the master...

Latest News

Women surveyors canvass gender sensitivity, NIQS partners NAF

The Women Association of Quantity Surveyors in Nigeria has called on the government and private...

Latest News

Experts seek new technology to curb housing deficit

Worried by Nigeria’s huge housing deficit estimated at 17 million units and more than N59...

Latest News

Provide incentives to attract investors, operators tell govt

Property developers have called on the federal and state governments to provide the required...

Real Estate News

REDAN seeks subsidy for real estate sector

The President of the Real Estate Developers Association of Nigeria (REDAN), Rev Ugochukwu Chime has...

Latest News

Adloyalty Business Network hits 20,000 realtors, launches new office in Lekki

Nigeria’s first and biggest independent real estate network marketing firm, Adloyalty...

Housing Trends

Ogun plans urban renewal in major towns

The Ogun State Government says it will soon begin to revive some of its major old towns by giving...

Latest News

Creativity will solve Nigeria’s housing deficit – Stakeholders

Stakeholders in the real estate industry have said Nigeria can solve its housing deficit challenge...

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REDAN seeks subsidy for real estate sector

The President of the Real Estate Developers Association of Nigeria (REDAN), Rev Ugochukwu Chime has...

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Lagos rekindles allotee's hope in Omole Estate 2 Scheme

Residents seek intervention over alleged land conversionHopes of subscribers in the...

Real Estate News

Dubai forecast to add 127,000 more homes before 2023

Dubai Government initiatives, including the formation of a new real estate committee to regulate...

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Real estate has enormous opportunities for investors –Developer

The Chief Executive Officer of Cielo City Estate, Mr. Damilola Ogunyemi, has said Nigeria’s...

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Affordable housing: Stakeholders to address data problems

Stakeholders have commenced a process to address the problem of data collation that has been a...

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National Assembly writes NIOB on spate of building collapse

The National Assembly has written to the Nigeria Institute of Building, expressing its concern over...

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‘Home ownership shouldn’t only be for the rich'

Nura DanMusa is a certified architect from the Eastern Mediterranean University (EMU) Cyprus, and...

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EFCC recovered properties to rescue FCTA huge expenses on rents

According to the provision of section 4 (1) (e) of the FCT Act, the FCDA is charged with the...

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Experts urge shift to low-income homes to beat housing deficit

Except for the Federal Government and private developers focus more on the production of homes for...

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‘Government should prioritise physical planning, industrialise housing production'

REMI MAKINDE is a former president of the Nigerian Institute of Town Planners(NITP). He spoke to...

Housing Trends

Sale of housing units in FCT, 34 states starts soon – Presidency

The Presidency has said the sale of over 1,094 housing units completed by the Ministry of Works and...

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‘Govt should exempt locally-produced building materials from tax'

A past president of the Africa Union of Architects, Tokunbo Omisore, says with the increase in...

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‘Ibeju Lekki area witnessing massive development'

Emerging Homeland Development Limited, developers of Silver Spring Residence, has said the Ibeju...

Real Estate News

Lagos to increase investment in low-cost housing

The Lagos State Governor, Mr. Babajide Sanwo-Olu, has said his administration...

Real Estate News

Lagos Partners ARCON On Regulation Of Projects

Lagos State Government has collaborated with Architects Registration Council (ARCON) by raising a...

Real Estate News

Kano partners FMBN on national housing scheme

Kano state government has expressed readiness to key into the National Housing Scheme to...

Real Estate News

The Refined Investor Series 2020 promises to provide actionable insights for Real Estate Investors Connect

he Refined Investor Series 2020 promises to provide actionable insights for Real Estate Investors...

Housing Trends

Residential vacancy rate slightly drops in major cities

Better days are ahead for property developers and investors as residential vacancy rate has...

Real Estate News

Retooling public service in Delta’s audacious secretariat

The complex is designed to reduce paperwork in most official dealings as all offices will be able...

Housing Trends

How to tackle Nigeria’s huge housing deficit, by Nwokolo

Worried by the alarming rate of Nigeria’s housing deficit, a property investment...

Real Estate News

ARCON, Lagos meet over architectural standards

Lagos State Commissioner for Physical Planning and Urban Development, Dr. Idris Salako (left)...

Real Estate News

Federal government to begin sale of new housing units nationwide

The Minister of Works and Housing, Mr. Babatunde Fashola, said the ministry would soon...

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‘Why real estate investment is still low in Nigeria'

President, International Real Estate Federation, FIBACI-Nigeria, Adeniji Adele (Left), FIBACI...

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‘Factors against public private partnerships’ contribution to housing delivery'

Despite the critical role of shelter to human survival, availability of housing units for a...

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‘FIABCI event will outline measures to resolve informal sector challenge'

ELENA PANARITIS is the Founder and Chief Executive Officer of Thought Action and guest speaker at...

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6 ways to increase affordable housing in Nigeria

The shelter is recognised as a basic human right, however, due to the high cost of building...

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Housing TV To Honour Top 100 Leading Brands In The Nigeria Housing Sector

FESADEB Communications Limited, a leading brand in the Nigerian housing and Public Relations...

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Depositors seek inclusion in federal housing schemes

Worried about possible exclusion from completed Federal Government Housing schemes, contributors...

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Lagos ignites property revival in Badagry

Abandoned to fate by successive governments, the ancient city of Badagry has been bereft of any...

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Institute to develop new cities across Nigeria, others

Charters Cities Institute, a non-profit organization dedicated to building the ecosystem for new...

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Nigeria’s real estate returning to growth path – Report

Despite the lull in the property market, a new report says the country’s real estate...

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How new policies will trigger growth in real estate sector

Eggheads in the nation’s real estate sector have predicted a marginal growth in the sector...

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UK real estate sector to bounce back in 2020

The United Kingdom housing market may bounce back in 2020, now that there is less uncertainty...

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Northcourt hosts Nigeria Real Estate Market Outlook breakfast meeting

Northcourt Real Estate will host the Nigeria Real Estate Market Outlook Breakfast meeting and...

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Investors tasked on real estate potential in Lagos Free Zone

With the accelerated development-taking place on the Lekki corridor, investors and developers...

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Report predicts hard times for US housing market

House sales in major cities in the United States are expected to nosedive in 2020, thereby...

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Group asks FG to keep off direct construction of houses

The Federal Government has been urged to keep off from direct construction of housing and...

Real Estate News

How to curb corruption in real estate, by group

The Society for Professional Valuation, (SPV) has called on Nigeria’s anti-corruption...

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Stakeholders seek diasporans’ support for real estate

Experts in real estate business have called for concerted efforts aimed at attracting Nigerians in...

Real Estate News

Demand for Nigeria’s luxury real estate dips

Nigeria’s luxury real estate market has taken a beating lately due to several fundamentals,...

Real Estate News

Officials worry about unoccupied houses in Abuja

Real Estate experts have canvassed the need for government to put in place policy that would compel...

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FMBN releases N75.5bn for 3,541 mortgages, others

The Federal Mortgage Bank of Nigeria processed and disbursed a total of N75.5bn for 3,541 mortgages...

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‘Mandatory land registration, asset declaration can curb money laundering'

The Chairman, Board of Trustee of the Society for Professional Valuation, Mr Sola Enitan,has said...

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Despite downturn, Nigeria’s housing market has prospects – Okosun

Frank Okosun is the Senior Partner and Chief Executive Officer of Knight Frank Nigeria. In this...

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Experts urge technology adoption for affordable housing

At a time when macroeconomic and political forces are aggravating the challenges of affordable...

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Pros predict modest recovery in real estate sector by 2020

The hope of total recovery for Nigerian real estate in 2020 might not be in sight, as industry...

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Banks’ credit to real estate drops by N122bn

Commercial banks’ credit to the real estate sector dropped by N122bn in the last one year,...

Real Estate News

Experts hinge next frontier in real estate deals on tech

Experts in the real estate industry have revealed that the next frontier that would redefine the...

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Experts task corporations on rental housing for low-income earners

Experts have charged the managers of housing corporations and developers in the real estate sector...

Real Estate News

How Social Media is Shaping the Real Estate Industry

India is a country that houses more than 460 million internet users, making it the second-largest...

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Real estate industry not fully explored –Stakeholders

The real estate industry’s potential to create jobs and boost economic growth has not been...

Celebrity Real Estate

Developers jostle for celebrities in new marketing strategy

As the momentum for housing delivery by private estate developers shifts away from the luxury...

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Why we’re regulating estate agency, by Lagos official

Permanent Secretary, Ministry of Housing, Mr Wasiu Adedamola Akewusola (left); Special Adviser to...

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How Procurement Act will impact building sector

The built environment has been fraught with challenges of collapse, quackery, substandard...

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Property owners storm Lagos appeal tribunal over high land use charges

Despite the reprieve promised by the Lagos government to property owners, professional groups and...

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What housing professionals can gain from 2020 budget

Chairman, Royal Institution of Chartered Surveyors (RICS) Nigeria Group, Gbenga Ismail (left);...

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Officials worry about Unoccupied houses in Abuja

real Estate experts have canvassed the need for government to put in place policy that would compel...

Celebrity Real Estate

7 Nigerian Musicians and their mansions

Many Nigerians are obsessed with Houses which is a reasonable thing as shelter is one of most...

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Aliko Dangote: All My Houses Are In Nigeria, None Abroad; Checkout The Billionaire’s $30Million Mansion

The business mogul said this at the 2019 Mo Ibrahim Forum. Dangote hinted that he avoids luxury...

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Infrastructure’ll improve access to homeownership, say experts

The most important thing that can boost access to homeownership and help Nigeria to bridge its...

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THE MAGIC OF ESCROW IN REAL ESTATE INVESTMENT

n the real estate investing business, real estate investors need to be familiar with the term...

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Federal government to begin sale of new housing units nationwide

The Minister of Works and Housing, Mr. Babatunde Fashola, on Wednesday said the ministry would soon...

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Experts seek housing policy implementation

To boost home ownership, experts in the real estate sector have called for holistic implementation...

Real Estate News

REAL ESTATE COLLABORATION; SHARING VERSUS KEEPING THE EDGE

Small businesses and real estate investors are discovering that the new business landscape demands...

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Paucity of funds delay Lagos’ Adeniji Adele redevelopment scheme

Three years after the authorities finalised plans to embark on the redevelopment of Adeniji Adele,...

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Housing provision: Zama, Landwey launch strategic partnership in Lagos

To make Nigeria’s real estate sector more investable, and increase liquidity to drive greater...

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Flooding to trigger building collapse in major cities

Except there is a reorientation on locations, design and foundation methodology in flood prone...

Real Estate News

Lagos caution developers against buildings without approvals

The Lagos State Government has cautioned real estate developers in the state not to build without...

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Flooding: Lagos, Ogun brainstorm over Oyan Dam water release

The Lagos and Ogun state governments are in talks to control water released from the Oyan Dam which...

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NMRC, Kaduna agree on N3b mortgage scheme

A joint development commission that will foster a strong economic relationship between the Federal...

Housing Trends

FCTA, Nasarawa to set up joint development commission

A joint development commission that will foster a strong economic relationship between the Federal...

Housing Trends

Pros and Cons of Renting Furnished Apartments in Nigeria

Have you ever considered furnished apartments as a viable option during your search for an...

Housing Trends

Investors shun property market, glut persists

Despite a rebound in some sectors of the economy, the property market has remained slow in...

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What does it take to become a Landlord?

Landlords don’t just collect rent checks. Successful landlords must understand the law,...

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What does it take to become a Landlord?

Landlords don’t just collect rent checks. Successful landlords must understand the law,...

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UN advises FG to impose taxes on vacant houses in Nigeria

Ms. Leilana Fartha, UN Special Rapporteur on the Rights to Adequate Housing, on Monday advised the...

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Demand for Nigeria’s luxury real estate dips

The Nigeria’s luxury real estate market has taken a beating lately due to several...

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Lekki-Epe corridors’ estate investments delight property developers

With the near completion of Dangote Refinery and projects like multi billion Alaro city , Sea port...

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Nigeria’s housing market stabilizing, amidst improving economic conditions

After three years of house price falls, Nigeria’s property market is now stabilizing, mainly...

Research

Latest Research On Real Estate Business In Nigeria

CAPE metropolis – The modern global real estate and Transparency Index (GRETI) has shown an...

Celebrity Real Estate

Top Celebrity Real Estate In Nigeria

Kylie Jenner these days grew to become 19 years vintage in a $50M condominium property, known as...

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Latest Real Estate News In Nigeria

The annual West African property investment (WAPI) Summit, the area’s most distinguished and...

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Latest Housing Trends in Nigeria

The Federal mortgage bank of Nigeria says it has invested over N197 billion to deliver over 26000...

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How to Hang Wallpaper A DIY Guide for This Hot Home Trend

The housing market is on fire! Jonathan Smoke, our leader economist, describes it as the...

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