Nigerian institute of Estate surveyors and Valuers (NIESV) Lagos chapter inaugurates new exco. A 12-member team, led by Mr. Offiong Samuel Ukpong, was sworn in Lagos state. They were to ensure the fortune of the profession and the professionals under the body got much better under their tenure. Other members of the team are Mr. Olurogba Orimolade, Vice Chairman; Mr. ...
Read More »Monthly Archives: July 2015
Top five things to think about before you make a buy
Buying a house is generally an exciting adventure and could be painstaking for some when it looks like you are left with no funds after the buy. The thrill of finding a home that you and your family can enjoy, where you will raise your children, make friends – all the good things that home ownership entails. But there are ...
Read More »#ShelterMatters: Why do landlords have ethnicity issues?
In Nigeria, having enough money to pay for the type of apartment you wish to rent for a period of time isn’t enough to secure you a decent rented apartment. So many other factors are considered such as age, gender, occupation, ethnicity, status, and so on. Today on #shelterMatters, we’d be dwelling on ethnicity. Speaking writing from a personal experience, ...
Read More »Architects to hold ‘Urban Thinkers Campus’
The Africa Union of Architects (AUA), as part of its social responsibilities, in conjunction with the Uganda Society of Architects, is planning to hold a programme aiming at addressing the issue of slum in Africa. This event is to brainstorm in finding Africa solutions that will be applicable to all communities within the continent. The theme of event is titled: ...
Read More »Rivers State: Kidnappers to lose their properties
Kidnappers in Rivers State will henceforth lose their properties to the state when convicted under the new anti-kidnapping bill which is set to be passed into law by the House of Assembly. The House of Assembly is set to empower the state governor, Nyesom Wike, to frontally deal with kidnappers in the state. Wike had on Wednesday last week sent ...
Read More »New York real estate market on pace to break annual record
New York City’s real estate market is on pace to break a record this year with a projected $75 billion in land and building sales by the end of 2015, new data from brokerage firm Cushman & Wakefield shows. So far this year, sales volume is around $38 billion, the data shows. The record is $62.2 billion in 2007, the ...
Read More »Real estate identified as one of the fastest growing sectors in Nigeria
Real Estate, as well as Information and Communication Technology (ICT) have been identified by the UN as some of the fastest growing sectors in the Nigerian economy. Patrick Osakwe, Head, Poverty and Trade Department, UN Conference on Trade and Development (UNCTAD), who made this known in an interview yesterday in Lagos, said that real estate, as well as information and communication ...
Read More »“It is always good to invest in property” – Davido
Talk about living the Omo Baba Olowo lifestyle. Music star Davido recently purchased a luxurious vacation home in Atlanta, Georgia, USA. The recording artiste took to social media to share his new home. The “Dami Duro” pop star who welcomed a daughter recently, also joked that his daughter has the biggest room in the house. In an exclusive interview with ...
Read More »To Renovate or not to Renovate before selling?
A lot of people sell their properties without getting the right returns on investment probably because they leave renovations to the buyer which invariably reduces the value of such property. Once a decision is been made on the sale of a property, returns on investment should be top priority. To renovate or not to renovate? This is indeed the huge ...
Read More »Despite tighter foreign investment rules, ‘Foreigners ‘increasingly buying existing property’
AUSTRALIA: Despite tighter foreign investment rules, foreign buyers are snapping up existing Australian property at a faster rate A few months ago, the federal government announced new measures to make it harder for foreigners to get into the local housing market, but according to NAB, it hasn’t halted activity just yet. NAB’s latest Residential Property report reveals total foreign demand ...
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