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Estate Technology

UPDC finally selects winners of 30-storey design competition

After a keen competition to get world-class architectural design for its proposed real estate project, the UACN Property Development Company Plc (UPDC) has eventually selected two firms for its ‘One Prime’ project, to be located within the neighbourhood of Ikoyi, Lagos State. The selection of the duo, James Cubitt and Design Group, emerged after the developer recently organised a pitch ...

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NIS stratgeize ways to uproot quack surveyors in practice

The Nigerian Institution of Surveyors (NIS), an umbrella body of real estate professionals referred to as ‘land surveyors’, says it is strategizing to deal with pseudo-practitioners commonly called quacks. The institution explains that it is planning a country-wide education of its members at the state branches, through seminars and workshops, to make them understand what they are expected to do ...

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Lagos give housing and construction projects boost

Convinced of the strategic importance and potentials of building and construction sector as the third largest in terms of gross domestic product (GDP), ranking in Lagos, the state government has come up with new initiative that is geared towards boosting activities within the sector in the state. Essentially, two major areas are currently receiving attention, namely; housing and construction sector. ...

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Anambra’s multi-city development plan endorsed by stakeholders

The move by the Anambra State Governor, Chief Willie Obiano to embark on the construction of multi-city projects in Awka Capital Territory, has been endorsed by royal fathers and the chairmen of the various local government areas that make up the area. Seen as the next big thing in Nigeria’s real estate. The endorsement came when the Awka Capital Territory ...

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The battle between Dangote Cement and Lafarge

Undoubtedly, the most talked about issue in the built environment in 2014 is cement, with much made of its contribution to building collapse, pricing and the uneasy relationship among the big players in the industry. The ‘war’ has taken many dimensions, with price being used as one of the weapons most commonly deployed. The biggest player in the industry, Dangote ...

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Quantity Surveyors cry against high cost of construction projects

construction project

The immediate past Chairman of the Lagos State chapter of the Nigerian Institute of Quantity Surveyors, NIQS, Mr. Olayemi Shonubi has attributed the high cost of procuring civil and heavy engineering projects in Nigeria to the non-utilisation of quantity surveyors who by training are equipped to give value for money on all construction projects. He also blamed the plethora of ...

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Ogun State distributes 5,000 Cs-of-O to property owners

Ogun State distributes 5000 Cs-of-O

Ogun State government has distributed 5,000 Certificates of Occupancy (C-of-O) and other land title documents to property owners across the state, under its Homeowners’ Charter programme which is aimed at deepening the property market in the state. Governor Ibikunle Amosun said that government initiated the scheme to assist property owners in the state through the regularisation of title document and ...

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Ogun seal deal to develop MITROS CITY.

In a bid to rebuild the landscape of the state under its urban development programme, the Ogun State Government has finally sealed a deal with a concessionaire for the development of a new settlement that would be known as a Mitros city. Mitros, an acronym for Mission To Rebuild Ogun State, is a new housing estate, to be sited by ...

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Quantity Surveyors demand procurement council from FG

Cost experts in the construction industry under the aegis of the Nigerian Institute of Quantity Surveyors (NIQS), Lagos Chapter, has expressed worry over the manner in which public servants go about award of contracts and said the way out to streamline high level of irregularities is for the Federal Government to heed the call to institute a Nation Council on ...

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Julius Berger team up with Eagle Hills to develop Abuja Centenary City

centenary city

Messrs Eagle Hills, the Abu Dhabi-based real estate investment and development company handling the development of Abuja Centenary City, has appointed construction giants, Julius Berger Nigeria PLC as a key collaborator and developer of the multi-billion dollar city. Centenary City is a joint venture between the Federal Government and Eagle Hills to create the city of the future in Abuja. ...

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