Real Estate

Estate surveyors and valuers have been charged to incorporate leisure activities into their lives, as recreation can be a transformative tool to optimise their performance. The Chairman, Nigerian lnstitution of Estate Surveyors and Valuers (NIESV), Lagos branch, Olugbenga lsmail, made the call during an advocacy/walk for fitness forum organised by the welfare sub-committee in Lagos.…

The Federal Government, last week, began talks with the United Nations Human Settlements Programme (UN-Habitat) towards mobilising multilateral funding and technical support for planned National Urban Renewal and Slum Upgrading Programme.

To advance the sector, experts in real estate have reiterated the imperative of providing an enabling environment for operatives.

With currency volatility and inflation affecting developers and consumer spending, the ability of tenants in retail centres to pay rents keeps decreasing and making the asset class unattractive. Investors are considering opportunities for smaller packaged, localised and niche retail developments, Victor Gbonegun writes. The era of large-scale mall development in Nigeria's major cities is fast…

The new chairman of the Lagos branch of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Mr. Olugbenga lsmail, has assured practitioners that the institution will strive to stay at the forefront of industry trends by embracing technology, promoting ethical standards and best practices. He gave the assurance during his investiture as the 28th…

Stakeholders in the built industry have called for a new framework on housing development that would deliver affordable homes to Nigerians. They said the government must find innovative ways to unlock finance and encourage private investment in the sector as budgetary financing for the delivery is still grossly inadequate to meet the volume of deficit.…

After reviewing previous efforts to cut deficits, the Federal Ministry of Housing and Urban Development has revealed plans to introduce a new initiative, known as cross subsidies in housing projects, which will ensure inclusivity and affordability of homes in the country. Under the scheme, projects are designed with a mix of units catering to varying…

As living spaces continue to face multifaceted challenges, Nigerian architects have been called upon to initiate innovative solutions that can fight the climate crisis, improve security and boost communal relations in the country. The Deputy Vice-Chancellor (Academics), Caleb University, Imota Lagos, Prof. Adedeji Daramola, made the call at the 40th anniversary lecture of the Lagos…

To maximise profit, estate surveyors and valuers have been told to prioritise bookkeeping as a vital part of real estate business. The Co-administration Manager, Ubosi-Eleh & Co, a real estate firm, Mrs. Mojisola Ogunkoya, gave the charge at a webinar entitled: “Importance of Record Keeping in Real Estate Business,” organised by the firm in Lagos.…

Expert have, at the third edition of the Real Estate Summit TERRApy 3.0, emphasised the pivotal role of trust and integrity to curb the increasing menace of fraud and substandard structures in Nigeria’s real estate industry. The summit, which was held in Lagos, was organised by Terra Developers Ltd, with the theme: “Realtor Odyssey 360:…

Since independence, Nigerians have not seen the best of times in housing, as demand consistently outweighs supply, while prices are far beyond the reach of many citizens.

Lafarge Africa Plc, through its Geocycle team, and Lagos Recyclers Association (LAGRA) have stressed the need for constant cleanup exercises and proper management of the environment.