In view of successfully tackling the housing deficit in Lagos state and continuation of its major housing delivery plan for 2015, the state government has concluded partnership with seven private developers to deliver 687 housing units’ projects. The firms: Messrs Nicobana Nig. Ltd., who is to deliver five units of 4-bedroom apartment at 21, Turnbull Road, Ikoyi; Messrs CSB/Prosper Garden ...
Read More »Yearly Archives: 2015
Massive housing problem in North Wexford, Ireland
While the members welcomed the county allocation of €25 million for social housing Cllr Mary Farrell wondered about the possibility of housing for those with disabilities. Housing officer Noreen Cummins said the council had been inundated with requests from people and said the council is currently prioritizing its housing lists. Cllr Farrell also wondered if there were any way that ...
Read More »“Social Housing responsibility is solely for FHA not FMBN” – Al-Almin
The managing director of the Federal Housing Authority (FHA), Prof Mohammed Al-Almin, has said that the provision of social housing is the sole responsibility of the authority and not the Federal Mortgage Bank of Nigeria (FMBN) or Ministry of Land, Housing and Authority. Speaking yesterday in Abuja during the 2015 pre-workers’ day lecture organized by the Senior Staff Association of ...
Read More »“Promise made, promise fulfilled”, Abule-Nla resident beneficiaries
Their problems started in 1997, when the allottees noticed that six blocks of flats they occupied were cracking, with the possibility of total collapse. After series of complaints to different administrations, starting from Brigadier-General Buba Marwa, a military administrator in Lagos and former governor, Bola Ahmed Tinubu, not much was achieved. However, on July 2007, the occupants sent a Save-our-Soul ...
Read More »“Lagos state has not been able to tackle the housing problem” – Commissioner
The Lagos State Commissioner for Housing, Bosun Jeje, said on Tuesday that the state government has not been able to tackle the housing problem in the state because of the high cost of building and non-availability of fund. He, however, added that the state government under the outgoing administration of Governor Babatunde Fashola, provided 10,000 housing units for people of ...
Read More »Abuja office complex shortlisted for WAN commercial award
AN office complex being developed by a Lagos-based firm architectural firm, Messrs Design Genre Consultants is among the 57 entries shortlisted for the 2014 World Architecture News commercial Award (WAN) in the commercial category. WAN is regarded as the largest international Architecture awards programme as well as a major international competition that celebrates and promotes the best in international architecture ...
Read More »Shareholders of UPDC REIT rewarded N2.33 billion
The UPDC REIT has declared a total of N0.87k distribution to unitholders for the 19 months period ended December 31, 2014. Besides, an interim distribution of N0.56k was earlier made to unitholders for the 13-month period ended June 30, 2014 while a final distribution of 0.31k was also paid to unitholders for the 19 months period ended December 31, 2014. ...
Read More »Landlord & Tenant: Would you live in the same compound with your house owner ?
A lot of Nigerian tenants especially those in the suburbs of Lagos see their Landlord as a necessary evil they can’t do without except they are ready to be property owners too or probably pitch tents under the various bridges we have in Lasgidi. Landlords wield so much power that it stirs up a hornet’s nest in the minds of ...
Read More »New Zealand Housing takes firm stance on methamphetamine
Housing New Zealand takes a firm stance on those who use or manufacture methamphetamine in its homes. During 2014, 101 Housing New Zealand properties were found to be contaminated with methamphetamine. This represents 0.15 percent of Housing New Zealand’s portfolio of around 68,000 homes. Marcus Bosch, General Manager Property Services, says, “The vast majority of Housing New Zealand tenants are ...
Read More »Understanding the Risk
The month of April is a significant month for us in Realty Point Limited because it was the month we made our grand entry into the Real Estate Community. I want to use this platform to formally announce to our readers here on www.nigeriarealestatehub.com that Realty Point is 10 years! I want to say a big thanks to everyone ...
Read More »