Real Estate
4 Mar
Members of the Real Estate Developers Association of Nigeria (REDAN) and experts in the housing industry have urged the Federal Government to implement estate development policies, explore industry’s potential to create wealth and jobs for unemployed Nigerians.
26 Feb
Following the poor state of the economy, property owners and managers in residential and commercial facilities have begun to increase service charges in line with current economic realities.
19 Feb
These are the best of times for foreign real estate investors as ongoing currency devaluation is harming the property market by reducing rental income and prompting huge decrease in their return on investment due to higher cost of living.
19 Feb
Experts in the real estate sector have said that the massive investment in urban regeneration, embracing of technology and ending the existing multiplicity of taxes is key to boost affordable housing supply and growth.
12 Feb
Following the rising cost of construction triggered by persistent inflationary trends, many developers are embarking on upward review of home prices to maximise profits, while property owners are raising rents in major locations by as much as 50 per cent.
12 Feb
Experts have acknowledged the pivotal role real estate plays in wealth creation, sustainability and home ownership.
29 Jan
After the bilateral partnership agreement between Association of Estate Agents in Nigeria (AEAN), an affiliate of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) and United States-based National Association of Realtors
29 Jan
In the face of macroeconomic headwinds, there are fresh concerns among operatives that insecurity may worsen housing deficit and hinder investments in the real estate sector.
29 Jan
A real estate firm, Ubosi Eleh and Company has urged the government to pay more attention to addressing the regulatory and legal issues in the sector.
29 Jan
With African countries witnessing increased Foreign Direct Investment (FDIs) into their real estate industry, a new report by Estate Intel, revealed that Nigeria trails behind Botswana and Morocco in FDIs because of soaring inflation, weakened naira, and high cost of production.
22 Jan
Rising inflation and exchange rates are among the headwinds in the country’s real estate and construction sectors increasing borrowings due to higher prices of imported building materials and machinery.
22 Jan
Experts have advocated removal of impediments to cross border transactions and collaboration among real estate professionals in Africa as a means to grow the sector.
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