The real estate sector is directly impacted by the new forex rules that ban the sale of dollar to importers of 41 items. The naira has weakened to 230 to the dollar in the parallel market, reflecting the impact of the rules. It affects real estate because iron rods, steel nails and roofing sheets are no longer valid for foreign exchange. ...

Four years after they were first tapped for affordable housing, three City of Kamloops properties are today closer to hosting low-income residents. The city and provincial government announced on Tuesday they have reached an agreement to put up to 98 units of affordable housing at 1685 and 1940 Pacific Way in Aberdeen and 1050 McMurdo Drive in South Kamloops. The ...

Buying an investment property can be an overwhelming yet a dicey decision especially in this part of the world. Any type of property, whether it’s commercial or residential, can be a good investment opportunity. For your money, commercial properties typically offer more financial reward than residential properties, such as rental apartments or single-family homes, but there also can be more ...

The Nigerian real estate sector has in the past five years witnessed an annual average growth rate of 16.10 per- cent buoyed by phenomenal growth of the middle-class, which represents 23 per- cent (about 4m) of the country’s 170 million population, whose estimated purchasing power is valued at $28 billion. The sector in the country has demonstrated an uncommon resilience, ...

Controversy arising in the United States on the Ten commandment monument which Oklahoma court has asked to be pulled down. Oklahoma’s highest court overturns a previous decision by a district court judge who determined the monument could stay. The court has said the monument, which was privately funded by a Republican legislator, is “obviously religious in nature and are an ...

“The right kinds of homes” is relative to that part of the world you find yourself. If you are in a developed society, then it may probably be easy to get. However its a different tale for my counterparts in developing countries while under-developed countries are worse of. White kids have luxuries but do you think black kids don’t love ...

The opulence, architectural significance, size, environment and probably the location of a particular property determines the type of property it is. One man’s simple home is another man’s castle it all depends on how consequential that building is to the owner and how he/she perceives the property. A home targeted to high net worth individuals is a home for few, ...

In a bid to find lasting solution to leakages in buildings usually caused by plumbing defects that often leads to cracks in houses, Rifeng piping systems has introduced a maintenance free multilayer pipe that allows for a direct fitting straight to the outlets without creating an avenue for leaks in the walls. The five-layer composite pipe made of crossed linked ...

Popular Nollywood actress, Kate Henshaw suffered a huge loss as a result of the fire that engulfed her apartment last week. She has relocated temporarily. It was reported that a part of the house located on Oyibo Adjarho Street in Lekki Phase 1, was damaged by the fire believed to have started in the actress’s living room following the restoration ...

The California Public Employees’ Retirement System, the biggest U.S. pension, plans to sell as much as $3 billion of its real-estate portfolio, a move that’s part of a broader plan to reduce costs, risk and the number of external investment managers. The $303 billion fund will sell about 12 percent of its $25.5 billion real-estate program of commercial, industrial and ...