Real Estate

UNITED Nations Secretary-General Ban Ki-moon has invited all world leaders to a signing ceremony on April 22 for the historic climate agreement that was reached in Paris in December last year. The signing event will take place at UN Headquarters in New York on the first day the agreement will be open for signature, which…

AT the last count, almost 85 exhibitors from 14 countries have indicated interested in participate in the launch of Nigeria’s international Building and Construction Exhibition - AfricaBuild set to hold in Lagos this month. The event, which is set to hold from February 16 and 18t, at the Landmark Centre, Lagos, is intended to stimulate…

A Non - Governmental Organisation, mortgage firm and the apex institution have entered into a tripartite agreement to help deliver affordable housing units for low-income earners in the country. Messrs Trustbond Mortgage Bank and Federal Mortgage Bank of Nigeria, in conjunction with The Millard Fuller Foundation are currently promoting the new initiative. Tagged Affordable Housing…

DETERMINED to ensure that police welfare is given adequate attention, the Niger Delta Development Commission (NDDC) has provided a N130 million residential quarters for the personnel in Port Harcourt, Rivers State. Speaking during the commissioning, the Acting Managing Director of the Commission, Mrs. Ibim Semenitari, said the project is vital in the face of recent…

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…