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Global Real Estate

Rental growth of commercial property in Nigeria.

commercial property

According to Wiki, the term commercial property (also called commercial real estate, investment or income property) refers to buildings or land intended to generate a profit, either from capital or rental income. Rental value is a key parameter for measuring real property performance. It is also a major cost for tenants and an important source of income for the landlord. ...

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Impact of open waste dumps on rental value

rental values

There are many environmental factors that affect rental value of properties, albeit, in this article we will be taking a look at the effects of open waste dumps on rental values The issue of waste disposal and management were not problems to early humans, due to the fact that there were no population explosion and technological advancement at that time. ...

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U.S. Housing Starts Fall To 1.06 Million Units In October

U.S. Housing Starts Fall To 1.06 Million Units In October

The Commerce Department said Wednesday, that the U.S. housing starts fell 11% in to a seasonally adjusted annual rate of 1.06 million units in October, although the number of building permits rose. Consensus forecasts compiled by most news organizations called for starts to be around 1.15 million to 1.17 million units. The September tally was revised down to 1.19 million ...

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Mumbai attracts 40% private equity investment in Indian real estate

Mumbai attracts 40% private equity investment in Indian real estate

Mumbai attracted 40% of the $2.4 billion (around Rs 15,500 crore) private equity (PE) investments in the Indian real estate between January and September 2015. Global real estate consultant Cushman & Wakefield, which released its report on Wednesday, said the total PE investment this year was the highest since 2008. The investments come when the office absorption across top eight ...

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Karrueche Tran Visits Abuja IDP Camp

Karrueche Tran Visits Abuja IDP Camp

American model and Chris Brown’s ex, Karrueche Tran had a humbling experience to share when she took time off her schedule to visit Internally Displaced Person (IDP) camp in Abuja. According to Chris Brown’s ex-Girlfriend, she fought back tears at the thought of ‘ever complaining about life.’ Karrueche was invited to Nigeria to host the launch of a new upscale ...

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How a buyer should deal with a home inspection

home inspection

As a prospective real estate buyer, getting to the home inspection stage is one of the big milestones over the course of a real estate transaction. You may have walked through the home a few times and given it your own critical eye, but now the big guns are coming in to tell you just what you might be getting ...

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Blackstone exits investments in Synergy Property

Blackstone exits investments in Synergy Property

Blackstone Real Estate Partners, an affiliate of New York-based private equity firm The Blackstone Group, has exited its investment in Bengaluru-based real estate project management consultancy Synergy Property Development Services. “After seven years, there is a closure of fund and, hence, we bought 50 per cent of the 35 per cent stake Blackstone hold,” said Sankey Prasad, chairman and managing ...

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Ten Most Catastrophic Building Collapses In History

Building collapse is a disaster that often times does not occur naturally. This piece draws our attention to ten most catastrophic building collapses that shook the world from time immemorial with fatality that could have been worse than a natural disaster. Building collapse has become a constant feature among disasters that has rocked the world. In our part of the world, this worrisome ...

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Neighbourhood Effects of Industrial Land Use on Property Value

Industrial land use

Industrial land use is not more than 15% of total land use in Lagos, albeit its effect on residential buildings in surrounding areas is a clog in the wheel of residents. Land is fundamental to all economic activities. The supply and employment of land is central to the pattern and process of economic regeneration and restructuring. Traditionally, the land used ...

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What you should know before living on a contaminated land

According to Wiki, a contaminated land contains substances in or under the land that are actually or potentially hazardous to health or the environment. A lot of people stand the risk of living on lands like this without knowing. Here is an opportunity to know. Areas with a long history of industrial production will have many sites which may be ...

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