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Month: January 2020

How government can attract foreign investment in real estate sector

The GovernorLeave a comment December 6, 2020January 20, 2020

Faced with dwindling government revenue, the federal government has been urged to involve Nigerians in diaspora in joint venture initiatives, to attract foreign investments into the real estate sector. The … Read more

Investors tasked on real estate potential in Lagos Free Zone

The GovernorLeave a comment December 6, 2020January 20, 2020

With the accelerated development-taking place on the Lekki corridor, investors and developers have been advised to take advantage of the potentials of the environment to lessen the socio-economic burden on … Read more

Professionals predict modest recovery in real estate sector by 2020

The GovernorLeave a comment December 6, 2020January 20, 2020

Hope of a total recovery for Nigerian real estate in 2020 might not be in sight, as industry experts have predicted that there won’t be a guaranteed rapid growth in … Read more

Professionals urge technology use for affordable housing

The GovernorLeave a comment December 6, 2020January 20, 2020

At a time when macroeconomic and political forces are aggravating the challenges of affordable housing in Nigeria, experts are seeing technologies, including formwork construction as means to reduce costs and … Read more

Why We Are Regulating Estate Agency, Lagos State

The GovernorLeave a comment December 6, 2020January 19, 2020

Hopes have brightened for the eventual reform of the real estate industry in Lagos, as authorities have indicated that it is now prepared to commence the enforcement of the state’s … Read more

House developers jostle for celebrities in new real estate marketing strategy

The GovernorLeave a comment December 6, 2020January 18, 2020

As the momentum for housing delivery by private estate developers shifts away from the luxury housing range, developers are adopting new marketing tactics to woo prospective investors in the low-income … Read more

Nigeria losing foreign investment due to delayed Land Use Act review

The GovernorLeave a comment December 6, 2020January 17, 2020

The continued delay in reviewing the land use Act had caused Nigeria to lose trillions of naira in foreign direct investments, according to Sir Rowland Abonta, Nigerian Institution of Estate … Read more

Nigerian police plans N750b homes for officers, nationwide

The GovernorLeave a comment December 6, 2020January 16, 2020

An ambitious housing scheme has been launched by the Nigeria Police Force to ameliorate the housing challenges facing its rank and file across the country. The police, presently lack descent … Read more

Real estates experts seek housing policy implementation

The GovernorLeave a comment December 6, 2020January 16, 2020

To boost home ownership, experts in the real estate sector have called for holistic implementation of housing policy capable of addressing infrastructural and mortgage challenges in the industry. Currently, about … Read more

Flooding might trigger building collapse in major cities across Nigeria

The GovernorLeave a comment December 6, 2020January 16, 2020

Except there is a reorientation on locations, design and foundation methodology in flood prone areas, many buildings still risk collapse in view of the incessant rainfall across the country, professionals … Read more

CBN to appoint architects, others for NIPOST buildings rebuilding project

The GovernorLeave a comment December 6, 2020January 15, 2020

Ahead of kick-starting the proposed National Microfinance Bank, the Central Bank of Nigeria (CBN), plans to engage architects for the remodeling of the Nigeria Postal Services (NIPOST) buildings needed for … Read more

Residential vacancy rates in Nigeria increase by 41 per cent

The GovernorLeave a comment December 6, 2020January 14, 2020

Although the Nigeria real estate market has continued to witness improved activities from last year’s performance, a new report released by Northcourt has shown an increase in the vacancy rates. … Read more

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