Property

STATISTICS from the Dubai Land Department show there are around 19,000 Britons who have invested in property there so far. They spent around £1.6 billion during 2014 alone.    Britons are third on the list of top investors in the Dubai real estate market, beaten only by Indians and Pakistanis.  Such is the interest that…

THE Bureau of the Intergovernmental Panel on Climate Change (IPCC) agreed on last week, in accordance with its procedures, to designate Vice-Chair Ismail El Gizouli as Acting IPCC Chair. The designation of El Gizouli follows the decision by Rajendra K Pachauri, PhD, to step down as Chairman of the IPCC.    Pachauri, 74, is accused…

EFFORTS must be made to ensure that wetlands are protected and used in a sustainable way that will ensure their utilization for the wellbeing of people, especially, for food production and provision of clean water.   The Director General, Nigerian Conservation Foundation (NCF), Adeniyi Karunwi made this known at the Clean - Up Exercise and…

A MORE proactive and effective master plan for flood control in Lagos State, is underway, the administration of the outgoing governor, Mr. Babatunde Raji Fashola, has said.   The plan, is part of the recently launched “Lagos State Development Plan; 2012-2025”, is said to make flood control much easier.  But the plan is still at…

THIS year is pivotal for global action on climate change, United Nations Secretary-General Ban Ki-moon said today in New York, emphasising that all the major advances of 2014 have set the stage for success in 2015.    “Our challenge now is clear: to finalize a meaningful, universal agreement on climate change,” Mr. Ban told Member…

THE European Commission has outlined its vision of a United Nation climate change deal, set to be signed off this December in Paris.    In a document released today, says governments should target greenhouse gas emission cuts of “at least” 60 per cent on 2010 levels by 2050, with countries belonging to the G20 taking…

A TRANSITION to modern district energy systems could contribute to 60 per cent of required energy sector emissions reductions by 2050, and reduce primary energy consumption by up to 50 per cent, according to a new report launched at the weekend by the United Nations Environment Programme (UNEP) in collaboration with the Copenhagen Centre on…

DESPITE the apparent uncertainties surrounding the economic health of the housing sector, it is expected that investment in commercial and residential real estate in Nigeria will continue to grow and attract more foreign investors.    The second half of 2014 saw a long-awaited improvement in almost all of the indicators regarding the health or otherwise…

WORRIED over allegation of imposters who pretend to be officials of the Ogun state government, saddled with the responsibility of regularising property documents under its Homeowners Charter Scheme, the state has called on all property owners to be wary of such fraudsters.   The caution, which came last week at Oke-Mosan, Abeokuta, Ogun State, from…

EXTRAVAGANCE seems to know no bounds in the tiny city-state of Monaco. And now, the notorious tax haven and playground for the ultra-wealthy will soon be home to the world’s most expensive apartment, rumored to be valued at $400 million.    Currently under construction, the pricey “Sky Penthouse” will be located atop the Odeon Tower, the principality’s…

WITH ample opportunities for the housing industry in Nigeria yet to be explored through the global network of International Real Estate Federation (FIABCI), a senior official of the organisation has called on the Federal and state authorities to provide conducive environment for property investors, which will stimulate foreigners’ interest in the nation’s real estate sector.…

FOLLOWING the plans by the authorities to jump-start the commercialisation of the Federal Housing Authority (FHA), the leadership of the agency has moved to deepen the organisation’s performance by creating a new Central Land and Property Registry.     The registry was created from the former ICT and Estate Registry and moved to the office…