According to a new report from RBC Economics, Activity in Canada’s real estate market will slow “modestly” next year as interest rates begin to rise. The report pegs the risk of an outright crash in real estate as low, saying RBC expects the economy to grow and that interest rates will likely rise gradually starting next year. However, the bank ...

The Ondo State House of Assembly and an ex-lawmaker who represented Ose State Constituency, Mrs Fola Olaseinde-Vincente are at daggers drawn over a government building “Quarter 13 type 2 Alagbaka” Akure, the Ondo State capital, which was allocated to the ex-lawmaker on August 14, 2012. The apartment, which is now in shambles, was originally allocated to Olaseinde-Vincente when she was ...

The Ogun State Government has disclosed that it is targeting the construction of over 1000 housing units per annum for property buyers and investors as part of its urbanisation scheme. The Managing Director of Ogun State Property and Investment Corporation OPIC, Babajide Odusolu, made the disclosure on Wednesday. He explained that this became necessary in view of the state’s rising ...

The Ogun State government has assured rural dwellers that it will re-embark on the rehabilitation of rural roads in the state as soon as the rains subside. The Permanent Secretary, Ministry of Works and Infrastructure, Kayode Ademolake, made this known in a statement signed by the agency’s Press Officer, Mr. Ayokunle Ewuoso. According to the statement, government has already rehabilitated over 1,235 ...

Some residents of a community in Ogun State have dragged the Redeemed Christian Church of God, RCCG, its General Overseer, Enoch Adeboye, and 14 others to court for alleged encroachment on a piece of land. The plaintiffs claim that the land, located in Ilara Village, Sagamu Local Government Area of Ogun State, belongs to them. Through their counsel, Kayode Akinsola, ...

Inter communal clash is currently looming in Aguata Local Government Area of Anambra State following fresh dispute between Ekwulobia Community and Ezinifite Community over the ownership of the land upon which the prison housing Boko Haram suspects are kept. Just two months after the dreaded Boko Haram prisoners were transferred to the prison, popularly known as Ekwulobia prison, the Ezinifite ...

Lagos State Governor Akinwunmi Ambode yesterday terminated the concession granted by the Lagos State Development and Property Corporation (LSDPC) to Afriland Properties for the redevelopment of the Falomo Shopping Centre in Ikoyi. The Governor said the decision was carried out based on a recent discovery that the concession was grossly detrimental to the interests of the people. According to him, ...

Martins hated to stroll into Ajegunle at night; the place sends shivers down his spine. Again the traffic congestion that besieged major roads in Lagos was a hurdle he had to painfully and constantly cross even after a long and stressful day at work. Martins dreaded the thought of going back home after a long’s day’s job not because the ...

Canada Pension Plan Investment Board, the largest pension fund manager in Canada and one of its most active dealmakers, said on Tuesday it has invested C$170 million ($130 million) in a Malaysian real estate joint venture, marking its first direct real estate investment in Southeast Asia. Toronto-based CPPIB said along with the Pavilion Group it has formed a venture to ...

Borno Housing Estates – Attention given to infrastructural development especially the construction of housing estates in Maiduguri by the Borno State government is responsible for the ability of the state capital to accommodate all the Internally Displaced Persons (IDPs). National Coordination of Shelter for Life, a Non-Governmental Organization advocating for good shelter for all, Dr Abdulfatai Musa Saromi told Daily ...