Knight Frank Nigeria
Experts and government officials have lamented the lack of access to affordable housing, which they warned has resulted in shortages in the country.
Experts, government officials have lamented the lack of access to affordable housing, which they warned has resulted in a shortages in the country.
With the capacity to contribute about nine to 12 per cent to the nation's Gross Domestic Product (GDP), players in the built industry have said that to remain relevant and achieve a viable real estate sector, operators should be technologically advanced and recreate themselves to move in line with the tide.
Knight Frank, the world’s largest independent residential and commercial property consultancy, has announced the first session in a sequence of real estate roundtable and breakfast meetings in Nigeria.
Notwithstanding high demand, the Rivers State real estate market is growing gradually, not as fast as Lagos and Abuja, but more than the majority of other cities in the country.
4 Apr 2022
The Nigerian luxury real estate market is getting a significant boost from increasing number of wealthy individuals, who are seeking to own multiple homes and new portfolios.
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.
20 Sep 2021
New office space requirements increased by 29 per cent in second quarter of 2021 compared to first quarter in Nigeria and other Africa countries, according to Knight Frank.
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.
28 Jun 2021
The performance of office rents across Africa remains mixed, according to Knight Frank’s inaugural Africa Office Market Dashboard for first quarter (Q1) 2021.
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.