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Monthly Archives: July 2015

NYC property market still hot even as private equity exits

NYC property market

The private equity and other pooled funds that have made century-old buildings some of the hottest properties in Manhattan have been cashing out at double the rate of a few years ago, but strong buying from other investors has assuaged fears that the market is peaking. The institutional investors and real estate investment trusts that are taking private equity’s place ...

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Renewed Ebonyi, Abia boundary dispute

boundary dispute

Renewed Ebonyi, Abia boundary dispute – One person was shot dead and many injured in renewed clashes between Ishiagu community in Ivo local government area of Ebonyi state and Lokpanta community, Umunochi LGA of the neighboring Abia state over boundary dispute premiumtimesng reports Also one person identified as Chukwuma Akwa was declared missing. The renewed boundary dispute between the two ...

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Kwara govt., UNILORIN‎ resolve property feud

uniIlorin campus property

The controversy over the temporary relocation of an agency of Kwara State government to the temporary site of the University of Ilorin (UNILORIN)  has been resolved by the state government and the University authorities, Abdulwahab Oba, the Chief Press Secretary to the Kwara Governor, has said. At a meeting with management of the University led by its Vice Chancellor, Prof. ...

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CML UK expects improved mortgage market activity

UK kicks off biggest housing review in more than a decade

According to the latest forecast from the Council of Mortgage Lenders, A benign economic backdrop should underpin a gentle improvement in housing and mortgage market activity in the coming months. Propertywire.com reports that the CML market review report pointed out that this follows a softer patch over the past year, which has dragged down our expectations for gross mortgage lending ...

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Builders to create awareness about National Vocational Qualification Framework

National Vocational Qualification Framework

The Nigerian Institute of Building has said, there is a need to create more awareness about the National Vocational Qualification Framework, an initiative of the National Board for Technical Education that was approved by the Federal Executive Council for the qualification, management, administration and accreditation of builders. The NIOB in a statement signed by its national president, Mr. Tunde Lasabi, ...

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Vacant homes, yet homeless Nigerians

vacant homes

The rising cost of renting houses in thriving Nigerian cities of Lagos, Port Harcourt and Abuja, which goes beyond the reach of potential tenants stretches the number of homeless people beyond borders. This development is worrisome in view of the huge housing deficit in Nigeria. Yet there is an increasing number of vacant homes; buildings that should have families albeit ...

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How to Identify a Good Quality Housing

good quality housing

In a country where only few houses are home-worthy, it shouldn’t be hard to tell a quality housing. However because of our constant exposure to economic hardship and poverty our idea of quality housing may have been compromised. So when a Nigerian says he lives in a house of high quality; a house that lives up to expectations and the ...

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