A Lagos-based firm, Pazino Engineering & Construction Company Limited, has said it is on a mission to transform Nigeria’s real estate sector to world class by adding new styles and dimension to what is currently in existence. This was disclosed during a chat with the Guardian by the Managing Director of the company, Patrick Agbaza, he said Pazino is set ...
Read More »Monthly Archives: April 2015
UN’s estimated 289m population raises Nigeria’s housing challenge
The United Nation, UN, report has estimated that Nigeria’s population would hit 289 million by the year 2050. Beyond the UN, the United States Census Bureau, USCB, also estimated that within the same period, the nation’s population would hit 264 million, thus making Nigeria, the 80th most populous country in the world. Experts believe that with the rising population trend, ...
Read More »Deeper Life Ministry battles land grabbers after paying N750m for CofO
The Deeper Christian Life Ministry is battling some land grabbers who have allegedly laid siege to the church’s landed property along the Lagos-Ibadan Expressway in Ogun State. According to PUNCH Metro the land, which is part of the Deeper Life Conference Centre and covered about 44 hectres of space, was acquired more than two decades ago by the ministry from four ...
Read More »Dublin property price growth fell below national average in first three months of 2015
It is the first time that this has happened in four years, according to the property website. Property price growth in Dublin was outpaced by rises in the rest of the country during the first three months of 2015, according to the latest property price report from Daft.ie. Asking prices nationally increased by 4.6% in the first quarter, a turnaround ...
Read More »Real estate agent held for Gaya land scam
After over five months of lodging of a criminal case in Bodh Gaya in connection with the multi-crore land scam, a real estate agent who facilitated land transaction in fraudulent manner was arrested on Friday. The arrested real estate agent has been identified as Krishna Pandey. Probationer IPS Jagannath Reddy, who recently took over as Bodh Gaya police station SHO ...
Read More »Nigeria at the top of West African countries in major infrastructure
According to data recently released by Deloitte African Construction Trends report placed Nigeria at the top of West African countries in major infrastructure construction projects in 2014, with a total spend of $36.4 billion on major infrastructure construction projects for the year 2014. “Whereas South Africa was previously the choice market in Africa for scalable operations, Nigeria now has a ...
Read More »Singapore: Investors appear reluctant to step back into the market
Singapore’s property prices may have largely defied doomsday predictions for a crash, but investors appear reluctant to step back into the market anytime soon. While 29 percent cited rental income as a reason to buy, analysts are concerned about whether tenants and rents may be drying up “It has become increasingly difficult to rent out units as the increased completions ...
Read More »1000 main building purchased for $440
Germany-based Union Investment announced it has finalized the purchase of the 36-story 1000 Main office tower in downtown Houston for approximately $440 million or about $525 per square foot, in one of the biggest Houston realty deals ever. “We are delighted to add this well positioned property with strong prospects for stable long-term income and rent growth to our excellent ...
Read More »South Africa makes 19 hottest property markets in the world
Global property world compiled and analyzed the property price performance of the world’s big economies. They put together a list of the top 19 markets based on year-over-year, inflation adjusted price performance as of the fourth quarter of 2014. South Africa makes this list with markets ranked from least to most quickly appreciating. The hottest housing markets as published by ...
Read More »PROPERTY SEARCH: to go online OR use an agent?
Its no longer news that the Real Estate market is towing the technology synchronisation way. Following the new trend of mobile apps driving real estate, you would wonder how this affect the regular masses. Should we expect a person in search of a new apartment to think about surfing for properties online with the likes of Findnigeriaproperty.com and others. Nigeria Real ...
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