Home » Author Archives: NREH

Author Archives: NREH

Fashola signs 615 applications for land transactions

applications for land transactions

Minister of Power, Works and Housing, Mr Raji Fashola, has signed all the pending 615 applications for land transactions, mortgages, assignments and debentures. This is as a result of the delegation of authority to issue consent for land transactions. The Minister disclosed this to State House Correspondents on Tuesday adding that the letters were already being issued to the applicants. “Just ...

Read More »

What You Should Know About Real Estate Investment Trust (REIT)

REITs

A Real Estate Investment Trust (REIT) is an organization that engages in financing and investing in real estate directly, either through mortgages or properties thus generating a high level of income, diversification and long-term capital appreciation for investors. This article educates us on the function of REITs. REITs can be public, private and non-listed but most REITs are listed on ...

Read More »

The Act of Abandonment in Real Estate

Abandonment in real estate

Abandonment in real estate can be referred to as the act of surrendering a claim to, or interest in, a particular asset. In some other circles, it is believed to be the permitted withdrawal from a forward contract that is made for the purchase of deliverable securities, and also the act of allowing an option to expire unexercised. Legal Dictionary ...

Read More »

Lagos begins Ikorodu-Arepo Link Road project

Ikorodu-Arepo road

The long-awaited Ikorodu-Arepo road project which will connect Agric area of Ikorodu to the Arepo area of Ogun State has finally taken off. This was made known at a stakeholders’ meeting held to sensitize the relevant stakeholders and community leaders on the need for their support and cooperation on the Ikorodu-Arepo road project. Governor Ambode, who was represented by the ...

Read More »

Virtual Office Business in Nigeria

Virtual office business

The virtual office business idea came from a combination of technological innovation and the information age. The concept has roots in life before (and even during) the Industrial revolution where parallels to current work styles, specifically working from home, have been drawn.  The virtual office concept is an evolution of the executive suite industry. However, the inflexibility of an executive ...

Read More »

Lagos plans to review tenancy law

Lagos plans tenancy law review

In what would serve as good news to a lot of Tenants and maybe some quarters of Landlords across the state, the Lagos State Government is planning tenancy law review in the state. The Lagos State Law Reform Commission has said that it has identified the need to review certain provisions of the existing Lagos State Tenancy Law of 2011 ...

Read More »

Top 3 Things To Consider Before Going Into Real Estate Investment

real estate investment opportunity

Real estate investment opportunity is one of the safest businesses in Nigeria that guarantees returns on your investment if you do it well. This article reveals three things you should consider before going into real estate investment. Real estate happens to be one of the three basic needs for human beings to survive in the aspect of shelter. The other ...

Read More »

What You Should Know About Mortgage

Real Estate

I’m sure at one time or the other, you have come across the word mortgage and have a general idea of what it means. However, we learn everyday and this article could just open your eyes to new realities about a topic you’ve always thought you have no business with. Remember, no knowledge is wasted. For some people, their only ...

Read More »