A study by Forest Service’s Northern Research Station, University of Pennsylvania and Yale School of Public Health, United States America has said the move by the immediate past Lagos State Government to acquire all abandoned properties in the state was in good direction. Reason? Abandoned properties acquired by the government and improved upon could be a major way to reduce ...

Delighted at the pace of the project, the Ondo State Government has renewed its pledge to deliver an international event centre, popularly referring to as “The Dome”, in not-too-distant future. Ondo State Governor, Dr. Olusegun Mimiko, has submitted that at the completion of the event centre, The Dome will become the number one tourism corridor in the country. According to ...

NBCC solicit legal framework for affordable homes The Nigerian-British Chamber of Commerce (NBCC) has called on the government to come up with viable legal framework for real estate sector to provide affordable houses for Nigerians. This was made known by the Managing Director, UACN Property Development Company Plc (UPDC), Mr. Hakeem Ogunniran at the NBCC Breakfast Meeting held in Lagos. ...

The spate at which buildings are being collapsed in the metropolis, especially, in the Lagos Mainland has become a source of worry to the stakeholders. Their concern was reflected at an interactive session organised Building Collapse Prevention Guild (BCPG), a nongovernmental organization (NGO) and the Lagos State Building Control Agency (LASBCA). The forum, held at Yaba Local Government Secretariat last ...

Global Firm reaffirms steady growth in Dubai’s real estate market Dubai continued to see steady supply growth during the first six months of the year, as performance within the residential and hospitality markets began to soften after a three year period of sustained growth, according to the Q2 2015 Dubai MarketView by global property consulting firm CBRE. According to the ...

MD/CEO, FT+D Ltd, Architect Temidayo Fabiyi, in an interview with Nigeria real estate hub correspondent has said that avoiding building collapse in Nigeria is a task for every stakeholder in the building industry. A graduate of the University of Lagos department of Architecture with a post graduate degree in Environmental Sciences (Architecture) and a member of the Nigeria Institute of ...

According to Nigeria’s Ministry of Lands, Housing and Urban Development, the country needs about N59 trillion to address Nigeria’s housing deficit by adding two million units each year. Stakeholders believe Nigeria’s N4.7 trillion pension funds must play a key role in bridging the gap. Kehinde Ogundimu, CFO, Nigeria Mortgage Refinance Company joins CNBC Africa to discuss how pension funds can ...

Sadiq Khan pledges to ban ‘poor doors’ in London housing development. A Labour London mayoral candidate has pledged to ban so-called poor doors, where private and social housing tenants have separate entrances. Sadiq Khan said he had discussed with charities the need for a new approach to dealing with the capital’s chronic housing crisis. The use of separate doors to ...

An engineer and town planner, who contributed to the development of some of the highways in the country, Prof. John Falade, has said many developing areas manifest features of slum settlements because the government has failed to play its role of planning the urban areas. Falade spoke in Ibadan during the 10th year remembrance of the late Prof. Poju Onibokun, ...

Ogun state shopping malls – The Ogun State Government has said it will build shopping malls in the West and East senatorial districts to replicate the one that has been constructed in the Central senatorial district of the state. The state government, through a statement signed by the Press Officer, Ministry of Works and Infrastructure, Mr. Ayokunle Ewuoso, said the ...