CBA Bank Tanzania has inked an agreement with Chinese real estate developers, Avic International Real Estate to provide loans at affordable interest rates for buying houses. Speaking after signing the agreement in Dar es Salaam at the weekend, the CBA Executive Director, Mr. Julius Mcharo, said the deal provided the opportunity for Tanzanians to own high quality houses built by ...

Warehouse and distribution center operator Prologis Inc. says it has acquired KTR Capital Partners, which owns more than 300 industrial properties in the U.S Prologis, which owns and operates more than 2,800 properties in North America, South America, Europe and Asia, will pay $5.9 billion for KTR. The purchase price includes the assumption of $700 million in debt. Prologis uses ...

The PwC Nigeria’s Economist and co-author, Mr. Andrew S. Nevin explained that Nigeria needs to manage the oil price decline effectively at all levels of government by creating a sustainable platform for diversification into the sectors that we know will drive the economy in future, including Real Estate. He made the statement while reflecting on a report made by PwC ...

A fire outbreak occurred on last Wednesday morning and destroyed properties worth millions of naira at Mamman Kontagora House, Marina, in Lagos Island. The inferno, an eye witness said started at about 8:30am on Wednesday morning and the shout of fire, fire, rented the air as people ran helter skelter for safety. According to a witness who works at the ...

Just 42 days to the end of his eight-year (two-term) administration, Governor Babatunde Fashola of Lagos State yesterday inspected some ongoing projects in the state. Fashola, in company of State Executive Council members, visited the Ilubirin Foreshore Housing Estate at Ilubirin, Eti-Osa; Ijora-Badia Homes project, new-built Apapa amusement park and Alausa housing project. The governor walked the entire length and ...

Home prices continue to soar in Vancouver and the North Shore, where the average two-storey detached home is now selling for more than $1.27 million. The average price for detached bungalows and two-storey houses across Vancouver, North Vancouver and West Vancouver have jumped by 10.6 per cent and 10.3 per cent in the last year, according to Royal LePage’s House ...

The term International Real Estate describes a relatively new phenomenon, beginning in the 1980s and keeping pace with globalization. The term encompasses real property development, sales and leasing transactions across national borders. International real estate could be viewed as one of the most dynamic branches of real estate although it is, by definition, influenced by fluctuating market value in various ...

Rapid urbanization and growing consumer wealth on the African continent is providing numerous opportunities for investors wanting to gain exposure to retail and office property developments north of South Africa. Gary Garrett, the Head of Real Estate Finance at Standard Bank says some of the key African countries that are realizing opportunities for real estate investment include Nigeria, Ghana, Kenya, ...

In a brief interview with Nigeria Real Estate Hub, Zara shares her experience with NREH correspondent on building her first house as a woman and the challenges she went through. Giving her own doze of advice to aspiring first house owners and also talking on the housing sector challenges as it affects the masses. NREH: Kindly introduce yourself ma. Zara: ...

Integrity is an integral act that an individual should incorporate in his/her attitudinal dispositions to succeed in life and real estate is no different. It is the social currency you spend that enables you move up life’s ladder. Albeit because integrity is not a hard earned currency, you may want to think it’s not important but suffice to say that ...