FG plans N13b civil servants housing fund
Determined to cushion the effects of accommodation challenges facing workers, the Federal Government has announced plans to create a N13 billion housing fund.
Mortgage firm in Goshen Garden City project
One of the leading primary mortgage institutions - Delta Trust Mortgage Bank has completed the first phase of its Goshen Garden City in Edo State.
Real estate sector slumps amid shrinking funds
This was the position of experts during the yearly review of the real estate industry anchored by Lagos-based developer, Debo Adejana, who is also the Managing Director and Chief Executive Officer of Realty Point Limited.
'Lack of data affects investment in real estate'
Professional bodies in Nigeria’s real estate sector have been challenged to work with the National Bureau of Statistics (NBS) towards building a data bank in order to encourage Foreign Direct Investment (FDI).
Developer launches Honeywells Garden in Maryland
Despite the nation’s economic recession, which has slowed down investments in the real estate, Tobykemsworth, a real estate developer has launched its iconic Honeywells Garden in Maryland, Lagos.
Firm begins flexible workspace in Lagos State
In line with global trends, 3Invest, one of Africa’s leading real estate firms, has launched its corporate real estate model, Lagos Co-work offering the first timeshare investment opportunity in Lagos.
High rents, recession forcing low-income tenants to suburbs
With areas that were once affordable now out of reach, low-income renters are being forced to outskirts and border towns in major Nigerian cities.The soaring cost of renting is pushing tenants away from the centre of most capitals.
Lagos to invest $500m on housing
The Lagos State Government is to invest 500 million dollars on redesigning and completion of housing units at Ilubirin and Ijora-Badia.