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.

There are indications that Nigerian banks are rapidly cutting back on office space in major cities as they shift administrative functions to high-tech operations.

Members of Ikeja Golf Club at their last annual general meeting (AGM) elected Mr. Chudi Ubosi as a trustee of the club.

Industry operatives have hinged the underperformance of real estate sector on the Federal Government’s inability to play a leading role, by providing enabling environment, incentives for the sector to transform and thrive.

Notwithstanding the economic recession and vacancy rate that are unsettling the real estate sector, Ikoyi seems to remain a place of choice for developers and independent builders in the country.

Daily, clusters of residential structures are sprouting up in different parts of Lagos State in the name of residential or housing estates, but without appropriate appurtenances or facilities.

Notwithstanding no specific law mandating the Code of Conduct Bureau (CCB) to engage the services of registered Nigerian Estate Surveyors and Valuers (NIESV) in the process of assets declaration, the professional body reiterated that its involvement would deepen the nation’s democracy, especially curb the wrong valuation of assets.

After over 58 years of Nigeria’s independence, the housing delivery system remains unpleasant due to several factors and challenges. However, experts say poor budgeting and implementation remain clogs in the wheel of progress. Although, the Nigeria real estate sector is growing fast and is now the sixth largest sector in the economy, it still has…

A combination of heightened uncertainty and eroding affordability is expected to cut into demand and contribute to a weaker real estate market in 2019, and 2018 harsh economic...

Unprecedented correction in the property market is making landlords who originally seek out corporate tenants, for their properties, to prefer individuals (single) tenants, who can afford the rents, according to newly released Ubosi and Eleh Company’s Nigeria Real Estate Report 2018.

A new research has revealed that living in a high-rise flat could be the secret to a long and healthy life.

The issue of using pension funds to finance the housing deficit is a debate and question that has been around for long. Almost akin to the issue of using funds in the dormant account of financial institutions to fund real estate.