Real Estate

TO tackle the dearth of local artisans in the building and construction industry, a construction management consultancy firm and builders have kick-started a scheme known as Construction skills Training and Empowerment Programme  (C-STEmp), which will train, access and certify 200,000 artisans in 2016. The C-STEmp scheme is an initiative of J.Hausen Limited, with Nigerian Institute…

DRASTIC action, which must come within land policy, is needed if the Lagos government is to attract serious real estate investors, members of the Nigerian Institution of Estate surveyors (NIESV), Lagos chapter stressed last week. They advocated for the creation of the valuer-general office, like the office of surveyor-general, attorney general, tutor-general as a means…

A NEW report published has revealed that the total value of all developed real estate on the globe reached US$217 trillion in 2015 The value of global property in 2015 amounted to 2.7 times the world’s GDP, making up roughly 60per cent of mainstream global assets and representing an important store of national, corporate and…

FRESH building block were again laid recently in Abuja, unto nation’s housing industry, when  the United Nations Humans Settlement Programme (UN-Habitat) and the federal authorities  held talks to boost the provision of affordable housing for officers and men of the Nigerian Navy. The tripartite meeting held between  the Chief of Naval Staff, Chief of Naval…

THE UN secretary general Ban Ki-moon has convened an emergency panel of heads of state to prompt a political response to the world’s increasing scarcity of water. The high level panel on water will find ways to coordinate the often piecemeal political decisions made by the plethora of regulators, governments, companies and individuals who draw…

TOWARDS bringing democracy dividend to its populace, Ondo government has commenced a new round of urban renewal programmes that is expected to boost the economy of the state. The programmes include infrastructure provision, such as road expansion and construction, provision of another event centre code-named “Dome Glass Hall” and a new industrial park. The new project, “Glass…

THE Federal authorities have gone back to the drawing board to fashion out new ways to ensure sustainable public private partnership in infrastructure provision, especially in road concessions. Under the new development, the Ministry of Power, Works and Housing has commenced an internal review of some laws and the Federal Highways Act, with a view to…

IN a renewed effort to uplift the lives of Rivers people, the state governor, Nyesom Wike has awarded contract for the reconstruction of Igwurita -Chokocho -Etche Federal highway valued at N2.4 billion to Setraco Nigeria Limited. The 6.6kilometre road, which had been a deplorable state would be completed in six months time and would be funded…

In this interview, the Managing Director, Alpha Mead Facilities Management and Services Limited, Mr. FEMI AKINTUNDE, an engineer is profering robust structure and stategy to guarantee provision and efficient management of the public infrastructure. He also spoke with CHINEDUM UWAEGBULAM on the prospects of the real estate market in 2016. AS you know, 2015 was…

WITH world’s ultra high net worth population growing, and real estate playing unique role of an investment opportunity, a new report forecasts that the ongoing shift in the wealth creation cycle from the West, and the growing significance of inter-generational wealth transfers will have significant consequences on the luxury residential real estate market, especially on…

FRESH efforts to rid the construction industry of structural failures got underway recently in Lagos, where  built environment professionals canvassed for proper management and accreditation of drillers and other people that are engaged in the foundation process. They expressed the need for such artisans to come together under one umbrella to acquire knowledge to enhance their practice and…

WITH the unexpected downturn in the financial market creating vast scale of funding gap in housing market, mortgage operatives have secured the approval of the apex mortgage institution to deepen the National Housing Fund (NHF) scheme and ensure it fulfills the needs of prospective homeowners. The Guardian gathered that Federal Mortgage Bank of Nigeria (FMBN)…