Banana Island residents worry over Apple Island project
Banana Island Property owners/residents’ association has expressed disaffection over the Apple Island project being promoted by the Nigerian Army Properties Limited (NAPL). The residents said they met the Chief of Army Staff, Lt. General Tukur Buratai when he visited the site of the proposed Apple Island and expressed their grievances over the project, which made…
‘Why online property listing is low’
Notwithstanding about 8000 to 10,000 property portals around the world, accounting for over 60 percent of concluded property deals, Nigeria is still lagging behind in on-line property listing.With the advent of the internet, companies are beginning to create solutions that help to meet the needs of their clients without breaking a sweat.
Trust Fund’s N8.4 billion Alagbon Towers up for grabs
Twelve years after the Federal Government sold it, the Alagbon Towers in Lagos is about to change hands with the opening of bids for the sale of the property.The property, located at Oba Adeyinka Oyekan Avenue in the affluent Ikoyi suburb, occupies an area of 19,131.600 square metres.
‘Why court officials visited Ikorodu land’
Fresh facts have emerged that Ikorodu High Court Lagos State issued an order in October last year that the parties in dispute over the NITEL land at Ota-Ona should maintain status quo.The spokesperson for Keyaolu family, Mr Owoseni Atoloye Dada denied earlier...
Battle over Best Western Hotel, Ikeja property shifts to Appeal court
Legal FIRE WORKS over the property housing the Best Western Ikeja Hotel, a four Star hospitality facility situated at 12, Allen Avenue and owned by Suru World Wide Ventures Limited has shifted to the appellant court.
Investors offer warehouses for sale as vacancy rates rise
These are not the best of times for owners of warehouse and distribution space, as Nigeria’s industrial property market is witnessing an increase in vacancy rates for factory and warehouse segments.
‘How foreign capital aids Nigeria’s commercial real estate rebound’
Notwithstanding that real estate recovery has taken time to gain traction, foreigners are fueling capital injection in Nigeria and other Sub-Saharan Africa countries, with South Africa...
London most-in-demand city for student accommodation
London is the most in demand city for student accommodation out of 426 popular study destinations worldwide, closely followed by Sydney, Melbourne and Manchester, new research shows.
Knightstone delivers duplexes
As part of its strategy to tackle the prevailing housing deficit in the country, Knightstone Properties Limited has delivered a 20-unit three bedroom terrace duplexes to Addax Petroleum Cooperative in Lagos.