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Tag Archives: NIESV

NIESV seeks reliable data in housing sector

NIESV

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has disclosed plans to create verifiable data for prospective investors in the housing sector. Chairman of the Lagos branch of the institution, Rogba Orimolade, stated this yesterday during a courtesy visit to The Guardian in Lagos. He said the initiative, to be spearheaded in Lagos, would address the shortfalls in the ...

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NIESV urges investors to curb quackery in housing sector

NIESV

Mr. Rowland Abonta, the National President of Nigerian Institution of Estate Surveyors and Valuers (NIESV), at the weekend, reiterated that efforts were in high gear to curtail quackery in the housing and construction profession, urging potential investors to always insist on professionals. NIESV is the highest decision making body for all practising estate surveyors and valuers across the country. Abonta, ...

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NIESV urges Federal government to invest in real estate

NIESV

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has called on government at all levels to invest more in the provision of real estate and infrastructure to boost the nation’s economy. The National President of the Institution, Dr Bolarinde Patunola-Ajayi, said this on Tuesday at a news conference to showcase activities for the 48th annual conference and Annual General ...

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NIESV intends to end quackery in real estate profession

Quackery

The Nigerian Institution of Estate Surveyors and Valuers, Lagos State Branch, has intensified moves to end quackery in the real estate profession. One of the recent moves was the launch of a website where all accredited estate surveyors and valuers would have their profiles and products displayed. During the unveiling of the website at a business luncheon in Lagos, the ...

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NIESV reacts to the new land use charge bill

NIESV

Since the Lagos State House of Assembly passed the new Land Use Charge bill on the 29th January 2018 and the Governor of Lagos State, Akinwunmi Ambode signed the bill into law on the 8th February, 2018, the law has received varied opinions from the populace. We have received several calls from stakeholders as custodians of physical assets and managers ...

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Real estate experts converge to address issues on construction

construction

Glimmer of hope is beaconing towards solving problems confronting the nation’s built environment as professionals in the sector have entered into strategic move to address the problem. One of the rewards of such move was the call for the establishment of Nigerian Construction Industry Development Board (CIBD), which they said would be saddled with the roles of; formulating, implementing, regulating ...

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Estate surveyors emphasizes on improving infrastructure

Estate surveyors

To improve the nation’s economy, estate surveyors have stressed the need to ensure that viable stock of infrastructure is constantly functional and sustainable. According to them, this could only be sustained through appreciation and enthronement of facility management profession in the national lives. They called for the establishing of a positive correlation between the infrastructure and economic development. According to ...

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Newly passed Land Use Charge bill causes controversy

Land Use Charge bill

Fresh widespread opposition may await the Lagos State Government’s newly passed Land Use Charge bill; if indications emerging from the sector’s major players are anything to go by. The proposed law, which repealed the Land Use Charge Law 2001 and enacted Land Use Charge 2017 and For Connected Purposes, aimed at increasing the revenue generation base of the state by ...

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Develop your expertise, institute tasks 292 NIESV inductees

NIESV

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has called on its 292 newly inducted associate members to imbibe professionalism in the practice of real estate business. Dr Bolarinde Patunola-Ajayi, the President of NIESV, made the call at the 2017 Associates’ Induction of the institution in Abuja. He said the induction of new members was to beef up the ...

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Understanding The Commercial Property Market In Nigeria

commercial property market

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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