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Author Archives: NREH

Cisco Systems Develop Innovative Connected Building Technology Solutions

Connected Building Technology Cisco Systems

Cisco Systems, a global leader in networking and information technology solutions has introduced an innovative, smart and connected building technology solution that will further drive real estate business. The technology solution is coming at a time when most states in Nigeria are planning towards smart and connected cities that are driven by Internet of Things (IoTs) and Artificial Intelligence (AI). ...

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Reps investigate diversion of $35m GEM Project fund to assist SMEs in Real Estate, others

Reps GEM Project Fund

The House of Reps has mandated its joint committees on Finance, Industry, Commerce and Aids, Loans and Debt Management to investigate the N97 billion Growth and Employment (GEM) Project. The joint committees is also to ascertain the number of beneficiaries for far, the extent of involvement of consultants, inflow received and disbursement made since commencement, including all other related issues ...

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Why Building Projects in Nigeria are handled by Foreigners

Building Projects in Nigeria

At the ongoing 2017 edition of the Building, Construction and Machinery Exhibition, light has been shed on reasons why building projects in Nigeria are handled by foreigners. As we all know, in recent times, there have been countless cases of building collapse and deaths as a result of improper structure, maintenance or use of substandard materials for projects. This has made a ...

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Granting of Pioneer Status doesn’t exactly benefit real estate companies – Tax Expert

pioneer status in nigeria

In August this year, the Federal Executive Council approved 27 new industries and products to enter into the pioneer status. This incentive scheme was to give tax holidays to these industries for three years, to enable them to grow and expand investments. Among these industries are real estate industries. Correspondent of Nigeria Real Estate Hub (NREH), Esther Adeniyi interviewed a ...

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NIESV summit to hold for two days in Lagos

Niesv Summit

On November 7 and 8, a two-day summit will be held by the Lagos State Branch of the Nigerian Institution of Estate Surveyors and Valuers (NIESV). According to the branch’s Publicity Secretary, Mr. Richard Olodu, estate surveying and valuation profession encompasses diverse fields of specialisation, including such land, building, engineering and Business, Estate agency, Investment advisory, property management, facilities management, ...

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Osinbajo restates FG’s commitment to provide housing for low income citizens

housing for low income earners

Vice President Yemi Osinbajo has reiterated the commitment of the Federal Government to tackle the housing deficit, especially housing for low income earners in the country. Osinbajo, who was represented by the Minister of States for Power, Works and Housing, Mr Suleiman Hassan, said this in Abuja on Tuesday at a One-Day High-Level Dialogue on a Pro-Poor PPP Housing programme ...

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Abuja Airport New Terminal Building is 80% Completed – CCECC

Abuja new terminal building

According to China Civil Engineering and Construction Company (CCECC), the company  handling the new terminal building at the Nnamdi Azikiwe International Airport, Abuja, the project is 80 per cent complete. The Project Manager, Mr Kevin Lee, disclosed this to the members of the Senate and House of Representatives Joint Committee on Aviation during their oversight visit to the airport on ...

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