Just as Denmark ’s economy emerges from its last property bust, the country’s banking regulator says it’s on alert to prevent another bubble from forming. The Financial Supervisory Authority is ready to raise capital requirements for banks and to deploy other measures to cool the market should it be needed, said Ulrik Noedgaard, the Copenhagen-based agency’s director general, in an ...
Read More »Yearly Archives: 2015
“Nigerian teachers to get free homes” – Osibanjo
There are indications that the nation’s teachers will benefit from a free education programme at tertiary levels and better housing scheme when the All Progressives Congress (APC) takes charge of the running of government come May 29, 2015. Nigeria’s Vice President-elect, Professor Yemi Osinbajo, who gave the hint during a consultative meeting with members of Nigerian Union of Teachers (NUT) ...
Read More »Real estate market drops again in Shanghai, China
China’s most expensive city, Shanghai, has been a point of concern for Beijing policy makers. Over the years, the government has all but locked the door to second and third home sales. A relaxation of those policies have kept Shanghai real estate stable. But the latest data shows new home sales and supply fell last week despite those policies, according ...
Read More »Real estate regulatory bill could open up another window for corruption
The real estate industry in New Delhi is not enthused by the new and improved real estate regulatory bill. Builders and consultants in the industry feel that while it will bring in transparency into the system, some of its provisions may also open another window for corruption. The Union Cabinet approved the Real Estate Development and Regulation Bill late on ...
Read More »Boom expected in Africa’s Real Estate Market
A number of geopolitical risks have caused instability of the world economic growth and made investors look for where to invest money safely and profitably. The real estate sector is one of the few which have not lost their credibility among investors. The most forward-thinking investors are paying more and more attention to the African continent, where the retail and ...
Read More »Has the veil been lifted?
From time immemorial, the build up to any General elections in Africa’s most populous nation incites a lot of shenanigans-a thought provoking jamboree that keeps everyone on his or her toes and that includes fetuses that are allotted that period of time for their grand entry into Mother Earth. During the electioneering process in my country, every aspect of human ...
Read More »The BROUHAHA of OGA MARTINS – Episode 11
Getting through a long day was enough stress, but having to contend with the traffic that plagued Lagos roads was something, like other commuters, Martins wished he could take away from his day. He was physically and emotionally drained and having to deal with a stubborn customer he inherited from the former marketer who occupied his position had contributed to ...
Read More »Real Estate heir squanders $3.5m meant for charity on cars
The heir to a Manhattan real-estate fortune squandered millions of dollars that was supposed to go to a Jewish charity, going on a spending spree that included fancy cars and posh hotels, according to court papers. The United Jewish Appeal claims it was supposed to get the remainder of a trust set up by building mogul Bill Gottlieb, who died ...
Read More »Young people in UK increasingly giving up on owning a home
A survey carried out by Halifax on attitudes to getting on the property ladder shows that increasing number of young people in the UK is giving up on owning a home. Rocketing house prices and years without real-terms wages growth have prompted a growing number of younger people to give up the idea of ever owning their own home. The ...
Read More »Huge potentials abound for better return on investment in Real Estate.
A Lagos-based firm, Pazino Engineering & Construction Company Limited, has said it is on a mission to transform Nigeria’s real estate sector to world class by adding new styles and dimension to what is currently in existence. This was disclosed during a chat with the Guardian by the Managing Director of the company, Patrick Agbaza, he said Pazino is set ...
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