The global real estate market size is expected to reach $5.85 trillion by 2030, registering a compound yearly growth rate (CAGR) of 5.2 per cent from 2022 to 2030. The market was estimated to be valued at $3.8 trillion in 2022.
8 Nov 2021
The 21-storey structure in Lagos that went down is likely to dampen the property market and may worsen problems in the country’s embattled real estate sector, professional agents said.
18 Oct 2021
Following gradual return of workers to offices and international travel resumption, Nigeria’s high-end homes are in high demand, which have prompted rise in rental prices and increase in off-plan sales.
26 Jul 2021
While the real estate sector did not necessarily benefit directly from the COVID-19 stimulus packages, there may have been indirect impacts on the sector.
5 May 2020
To mitigate the expected lull in business as the Federal Government eases lockdown amid COVID-19 pandemic, expert in the building industry has sought government’s interventions to boost the sector.
26 Nov 2019
Knight Frank, the world’s largest independent residential and commercial property consultancy has announced the appointment of Frank Okosun as the new Senior Partner/Chief Executive Officer (CEO) for Knight Frank Nigeria.Okosun, according to a statement made available to The Guardian would replace Albert Orizu, who is retiring after 36 years of meritorious service. According to the…