The former president, International Real Estate Federation (FIABCI) Nigeria, Mr. Adeniji Adele has been elected as the president for the Africa and Near East Region. Adele, renowned for his expertise and significant contributions in the real estate industry was elected at the recently concluded 73rd FIABCI World Real Estate Congress, hosted by Miami Realtors in…

To increase the sector’s contribution to Gross Domestic Product (GDP), the Managing Director, PR Africa International, Adedapo Adelegan, has charged members of the International Real Estate Federation (FIABCI), Nigeria chapter to actively project and market Nigeria’s opportunities in the real estate to the global community.

Last month, the Taiwanese city of Kaohsiung welcomed the 41st FIABCI Global Leadership Summit, one of the International Real Estate Federation's most important yearly events to exchange information, best practices, and business opportunities in the industry. About 500 participants, including international delegates, FIABCI-Taiwan members, local partners and world-class speakers, flocked to the Grand Hi-Lai Hotel…

Towards attracting more investors in the sector, the International Real Estate Federation (FIABCI), Nigeria Chapter and a Senior Advocate of Nigeria, Ebun-Olu Adegboruwa, have charged government to simplify land administration processes, especially land titling by developing a central data system.

To reduce the shortage in affordable housing, the International Real Estate Federation (FIABCI), Nigeria Chapter, has advised the Federal Government to implement its various housing development programmes, which will provide shelter for Nigerians.

Following the President Muhammadu Buhari’s signing into law the Money Laundering (Prevention & Prohibition) Bill, 2022, property brokers, estate surveyor and valuers, appraisers and other practitioners have been charged to imbibe the tenets of the law and halt illegal cash flow through the real estate industry.

The International Real Estate Federation (FIABCI) Nigeria chapter has urged practitioners in the built sector to improve on knowledge sharing about new models and technologies that could uplift the industry.

Recent developments have shown that land acquisitions by state governments are becoming punitive rather than blessings, and pit communities against the authorities.

As businesses begin to emerge from the COVID-19 crisis, many of those whose operations were significantly impaired are facing rent defaults, which piled up while they were temporarily closed.

Real estate practitioners have called on the political class to evolve institutional framework that would improve access to property rights. They lamented that poor governance structure, particularly in land registration and dispute resolution......

Following the global shutdown, substantial amount of foreign capital inflow into the construction sector, especially in building and infrastructure development may have dwindled.

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.