Real Estate
13 hours ago
Real estate has historically provided a strong inflation hedge, but rising interest rates and the looming housing crisis are raising concerns among property developers, mortgage operators and professionals.
2 days ago
Nigeria, like many other countries, is facing economic challenges that have been exacerbated by various factors, including the global economic downturn, fluctuating oil prices, and the impact of the COVID-19 pandemic. The Nigerian economy is heavily dependent on oil revenue, making it vulnerable to fluctuations in oil prices. As a result, the country has experienced…
11 Mar
A professor of agricultural economics and former Vice-Chancellor, Federal University Ndufu Alike Ikwo in Ebonyi State, Chinedum Nwajiuba has been elected as the Chair of the Board, West African Science Service Centre on Climate Change and Adapted Land Use (WASCAL).
4 Mar
The Lagos State chapter of the Nigerian Institute of Building (NIOB) has prescribed the prioritising of builder's documents in federal and state governments projects.
4 Mar
Pan-African finance institution - Shelter Afrique Development Bank (ShafDB) has urged the Nigerian government to clear its outstanding capital subscription, while pledging the bank’s commitment to improve on its $220 million worth of housing loans for the country.
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.