Foreign capital investment inflows to construction sector weakens
Following the global shutdown, substantial amount of foreign capital inflow into the construction sector, especially in building and infrastructure development may have dwindled.
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.
Economic uncertainty triggers demand for warehouse space
As some retail and e-commerce firms are increasing operations to meet customers’ necessities and home deliveries, there is now a surge in demand for warehouse space.
Property owners, tenants in peril as coronavirus hits rents, income
As the economic impact of the COVID-19 pandemic ripples across Nigeria, another wave of uncertainity may creep in for property owners as the novel coronavirus keeps people...
Wealthy property investors to pay more as UK raises stamp duty
Prospective Nigeria property buyers, especially the wealthy seeking to acquire new homes in the United Kingdom will have to pay more as the authorities have concluded an increase of two per cent stamp duty surcharge on new acquisitions from next year.
‘Why real estate investment is still low in Nigeria’
To further unlock real estate potentials in the country, economists and real estate practitioners from Nigeria and other countries have advocated for the removal of bottlenecks that hinder local and international...
FIABCI Nigeria urges collaboration on ease of doing business
To ensure growth in the nation’s economic development, International Real Estate Federation (FIABCI) Nigeria has advocated effective collaboration among players in the private and public sectors
Experts task estate professionals on negotiation skills
To revitalise the industry, real estate professionals under the aegis of the International Real Estate Federation (FIABCI) Nigeria chapter, have been advised...