Real Estate

Pan-African housing development financier, Shelter Afrique has approved $13 million line of credit to Lagos-based real estate firm, Mixta Real Estate PLC.

Given the challenges facing the real estate industry, the President, Nigerian Institution of Estate Surveyors and Valuers (NIESV), Mr. Johnbull Amayaevbo has advocated increase in infrastructure spending at the federal and state levels, as well as reduction of bureaucratic processes in transactions.

Last month, the Taiwanese city of Kaohsiung welcomed the 41st FIABCI Global Leadership Summit, one of the International Real Estate Federation's most important yearly events to exchange information, best practices, and business opportunities in the industry. About 500 participants, including international delegates, FIABCI-Taiwan members, local partners and world-class speakers, flocked to the Grand Hi-Lai Hotel…

PWAN Plus, owners of Cedarwood Luxury brand plans to roll out a virtual real estate radio platform known as Cedarwood Online Radio to bridge the knowledge gap between stakeholders in the real estate sector and their clients. The platform, which seeks to transform real estate radio broadcasting, will feature various innovative real estate programmes and…

Ibrahim Omotoso is the CEO of The Builders Nigeria Construction, a real estate company that is making waves in the African construction industry. Under Omotoso's leadership, the company is tackling some of the biggest challenges facing the continent's real estate and construction sectors, such as a lack of infrastructure, high construction costs, poor construction quality,…

Despite macroeconomic challenges, experts have predicted a better year for real estate. Last year was not a rosy one as increased financing costs, rising interest rates and inflation took shine off investment.

The Lagos State Government has promised to provide decent and affordable housing for workers and residents. The Permanent Secretary, Ministry of Housing, Mr. Kamar Olowoshago...

A faith-based coalition’s yearly report on the economic impact of climate-driven natural disasters has revealed that each of the costliest extreme weather events of 2022 caused over $3 billion in damages. Entitled Counting the Cost 2022: A Year of Climate Breakdown—was published by Christian Aid, a London-based relief agency of over 40 U.K. and Irish…

Members of the 9th General Assembly of the World Water Council (WWC) have elected African Ministers’ Council on Water (AMCOW) into the Board of Governors (BOG) for 2023 – 2025. The BoG will promote water as politics and a means to render services to release and sustain the global sustainable development agenda. The WWC, an…

The immediate past Managing Director of Family Homes Funds Limited, Mr. Femi Adewole, has reinforced the need for improved funding of mass housing projects in the country to increase stock with 300,000 homes by 2025. He noted that if funds were adequately provided, Nigeria would be able to bridge the existing housing gap and adequately…

The Co-Founder, World Forum for Africa (WOFA) Mr. Abi Ahmed Haruna, has disclosed that the new infrastructure software developed for the continent will help to derisk investment and identify viable projects in countries. He said this at an event where the framework for proprietary software for labelling and certifying infrastructure/projects was pitched to investors and…

Improved economic policies will encourage investment, say experts With continuous dependence on importation, inflation is hitting the building market as prices of construction material rose by over 50 per cent between January 2022 and January 2023, according to The Guardian survey. The unabated rise in cost of materials is impacting rentals and delivery of affordable…