Ubosi now a trustee of Ikeja Golf Club
Members of Ikeja Golf Club at their last annual general meeting (AGM) elected Mr. Chudi Ubosi as a trustee of the club.
Why real estate sector is underperforming
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.
Unplanned ‘estates’ proliferate in Lagos
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.
Estate surveyors decry non-inclusion in assets declaration
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.
Discordant tunes over N30.94b housing budget proposal
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…
Experts predict further dip in real estate market
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...
Marginal rent recovery fuels optimism in property market
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.
‘Dynamic mortgage industry is a function of virile economy’
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.
Growth in online real estate market threatens agents
Figures from online platforms are pointing to an increase in the number of owners and prospective tenants who are opting to sell their homes or rent property online without the use of an agent.