Real Estate

Although, Magodo, one of the highbrow estates in Lagos has recently been making headlines for the wrong reasons, property experts and developers believe the location is fast becoming a destination of choice for investors and renters.

South Energyx Nigeria Limited, the developers and planners of Eko Atlantic City, Nigeria’s premium smart city situated adjacent to Victoria Island, has partnered with Fine and Country West Africa for the Refined Investors Series 2017, scheduled to take place in Londo

To address the nation’s housing needs, real estate experts have called on state governors and other relevant government agencies to partner with cooperative societies for the provision of affordable mass housing.

Prime property prices in key global cities increases by 4.4 per cent in the 12 months to June 2017, with Guangzhou in China recording the biggest rise at 35.6per cent, the latest index shows.

In third place is Manhattan at $3,700 per square foot, followed by San Francisco at $2,500 per square foot and then the City in London at $2,450 per square foot.

Fine and Country, West Africa Business development and Sale consultant, Nonye Mike-Nnaji, who spoke to the media on the forthcoming Refined Investor Series to be hosted in London, traced the successes recorded to the efforts of...

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.

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.

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.

Amid paucity of funds in the real estate sector, Lagos-based property development firm, Mixta Real Estate Plc has increased its liquidity with N5billion bond, which will be used to refinance existing debts and affordable housing projects.

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.

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.