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Monthly Archives: August 2015

Apple buys 43-acre development site in North San Jose

Apple buys 43-acre development site

The Cupertino-based Mac maker has purchased a roughly 43-acre development site in North San Jose in a blockbuster real estate transaction that raises tantalizing questions about the company’s plans there. The deal for developer Lowe Enterprises’ so-called “n1 Campus” closed last week, according to public records. Apple paid just more than $138 million for the property at 2347 North First ...

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Lagos: Task Force arrests illegal occupants of abandoned buildings

Pa Fashina’s Property

The on-going exercise by operatives of the Lagos State Special Task Force on Environmental and other Related Offences to rid Lagos of miscreants and other criminal elements, has led to the arrest of illegal occupants of abandoned buildings, hemp smokers and hoodlums suspected to have been terrorising some areas in the state. Those arrested were three female teenagers and 90 adult ...

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LASEPA seals Kanu Nwankwo’s hotel, worship centers

kanu nwakwo;s hotel

No fewer than 30 facilities were shut by the Lagos State Environmental Protection Agency in areas, including Ketu, Ikorodu, Ibeju-Lekki, Victoria Island and Surulere. A hotel owned by ex-Super Eagles player, Kanu Nwankwo, the Hardley Apartments, on Victoria Island was among other hotels, churches and mosques sealed across the state on Monday over alleged air and noise pollution. LASEPA said ...

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Real Estate Unite Advisory Board Releases Nomination Criteria

real estate unite awads

The advisory board of unarguably Nigeria’s foremost awards body for the real estate sector, UNITE awards, has taken an unprecedented step by releasing the selection criteria for the various categories of awards. The move, which is obtainable internationally, is a departure from what is obtainable in this part of the world, where awards are covered in a shroud of mystery and is ...

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Chinese Property-Rental Site Tujia Raises $300 Million

property-rental site

Tujia, China’s equivalent of the property-rental site Airbnb, has raised $300 million in its latest round of funding, valuing the start-up at more than $1 billion, the company said on Monday. The fund-raising was led by the Hong Kong-based All-Stars Investment, which has also invested in the smartphone maker Xiaomi and the taxi-hailing app Didi Kuaidi. Luo Jun, one of ...

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ESVARBON Inducts 202 new Members, Calls for More Estate Surveyors

ESVABRON

The Estate Surveyors and Valuers Registration Board of Nigeria, (ESVARBON), has said it desires to have more members register as Surveyors, as it inducted 202 new ones. Chairman of the Board, Elder William Odudu, who inducted the new surveyors at the 36th ESVARBON induction ceremony said Nigeria now has a total of 3,723 estate surveyors, including the new one, which ...

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The Process of Site Selection in Housing Scheme Projects

site selection

Selection of the site is, arguably, the single most important consideration in the process of providing housing. Factors such as the location, size and accessibility of a site and its proximity to amenities and services are important to the future development of a self-sustaining community. In the wider context, any new housing development will have a significant impact on the ...

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‘Conventional building method can’t solve housing problem’ — Akintunde

conventional building method

The Managing Director, Alpha Mead Facilities, Mr. Femi Akintunde, has said that the conventional building method will be inadequate to address the housing deficit in the country. According to him, innovative solutions that save costs and deliver quality housing of international standards is the way out. Akintunde spoke at the unveiling of the partnership between AM Facilities and Wall-Ties and ...

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BCPG urges CEMAN to stop illegal re-bagging of cement

illegal re-bagging of cement.

The Cement Manufacturers Association of Nigeria (CEMAN) has been called upon to work with its members and stop the illegal re-bagging of cement. The Building Collapse Prevention Guild, in a letter dated July 2, 2015 and signed by its President, Mr. Kunle Awobodu, urged CEMAN to hold regular forum for cement distributors and retailers, where the implications of re-bagging of ...

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Construction of Ikotun/Ejigbo/Cele road to commence soon

Ikotun/Ejigbo/Cele

Good news it may finally seem for residence of Ikotun/Ejigbo/Cele in Alimosho local government. The Lagos State Public Works Corporation says construction will soon commence on the long stretch of road linking Ikotun-Ejigbo in Alimosho Local Government to Cele Express Bus Stop along the Apapa-Oshodi Expressway. The PUNCH had two weeks ago published a story on the deplorable state of ...

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