A professor of real estate management from the University of Lagos, Mrs. Modupe Omirin backed the call for the creation of Valuer Generals’ Office to advance the fortune of the real estate sector.
Developer unfolds N600m Tetramanor Garden Estate
Notwithstanding the effect of economic recession in the real estate sector, a private firm has unfolded new homes worth about N600 million to address the shortfall in middle-income housing.
NIQS seeks private sector-led infrastructure financing
As a measure to close the nation’s infrastructure gap estimated to cost about N3trillion yearly, quantity surveyors have advocated the adoption of private sector led project financing in the construction industry.
Developer introduces rent-to-own in Lagos property
With personal incomes shrinking and a range of initiatives that make home buying more affordable in the country, Omais Investment Nigeria Limited is already adjusting to this trend and offering two residential projects in Gbagada and Osapa London, Lekki as rent to own homes.
REDAN urges penalties for private developers over building collapse
The group disassociated its members from all buildings or development involved in the series of collapse, advised the government to ensure that a close and strict monitoring of all ongoing projects in Lagos State is ensured.
3Invest, Houston EB5 seek investors in luxury condominium project
Lagos-based real estate firm, 3INVEST Limited has unveiled another investment opportunity for property investors as part of its partnership with Houston EB5, which involves raising capital for development projects.
Products target reduction in home accidents
Poised to reduce the alarming rate of injuries and deaths from such slips in the bathrooms, offices, hotels, and swimming pool areas, a Nigerian firm, No-Slips Limited has introduced Sure-Step non slip product into the country.
Firm rewards staff with N700 million houses
An indigenous construction company, Adkan Service Nigeria Limited, has given away houses worth N700m to 16 its employees for their outstanding performance.The houses are located in Gwarinpa estate, Suncity Estate and Vintage estate, Karu in the Federal Capital Territory, Abuja.
Experts propose funding options for real estate
Leading real estate and infrastructure experts under the aegis of Global Real Estate Institute (GRI) club have identified funding challenges to investment in real estate and proposed options for practitioners in African continent to operate optimally.
New affordable housing begins in OPIC Makun City
With a pack of residential projects nearing completion at two sites on the Lagos- Ibadan expressway, a harvest of affordable homes are being floated onto the property market, courtesy Propertymart Real Estate Investment Limited.