Work from home may hamper commercial real estate
With millions working from home due to the coronavirus pandemic, there are fears among realtors that many companies could continue to cut costs and spend less on renting office space after the health crisis.
‘Nigeria can leverage prefabricated buildings to curb homelessness’
To beat homelessness, experts have for the removal of impediments hindering adoption of prefabrication buildings to ease housing delivery.Despite the reality that real estate sector is one of the leading contributors to the nation’s Gross Domestic Product
Think-tank proposes housing industry revival strategy to FG
Following expectations that the much-needed bailout fund for the revival of the stalled real estate or housing projects is likely to fail without a blueprint, the University of Lagos Centre
Property owners, tenants in peril as coronavirus hits rents, income
As the economic impact of the COVID-19 pandemic ripples across Nigeria, another wave of uncertainity may creep in for property owners as the novel coronavirus keeps people...
Migrants, others turn abandoned Lagos buildings to homes
The sit at home order by the authorities has further escalated the housing shortages, especially in Lagos as most public structures, uncompleted and abandoned buildings have been converted to homes.
Co-working firms see dip amid COVID-19 crisis
This is not the best of times for operators of co-working spaces, as their business have seen a drop in footfalls, following the outbreak of coronavirus pandemic in Nigeria’s major cities.
How built professionals are navigating coronavirus pandemic
With the lockdown lasting until at least April 14 — and probably longer. Many built environment professionals have had their lives upended because they are sequestered at home or, if they can still go into work, they cannot collaborate in person with colleagues.
Nigeria’s underground market in real estate looming
With the economic lockdown in more cities in Nigeria, there are fears among industry watchers that an underground market may emerge for estate agents to promote their properties.
‘Foreign investors see a bright future in Nigeria’s real estate sector’
Olufemi Adegoke Osibona is the Chief Executive Officer Fourscore Homes Limited. He spoke to CHINEDUM UWAEGBULAM on the best ways to fund real estate, constraints in digital technology