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Monthly Archives: July 2015

NIESV (Lagos chapter) inaugurates new exco.

NIESV New exco

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. ...

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Top five things to think about before you make a buy

buying a house

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 ...

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#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, ...

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Architects to hold ‘Urban Thinkers Campus’

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: ...

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Rivers State: Kidnappers to lose their properties

private investors in housing sector RIVERS

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 ...

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Real estate identified as one of the fastest growing sectors in Nigeria

Real estate sector growth 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 ...

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“It is always good to invest in property” – Davido

davido invest in property

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 ...

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To Renovate or not to Renovate before selling?

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 ...

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Despite tighter foreign investment rules, ‘Foreigners ‘increasingly buying existing property’

foreign investment rules

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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