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Yearly Archives: 2015

Lagos NITP urges professionalism

NITP

At the investiture ceremony of the 14th state chairman and the inauguration of the state chapter executive at the weekend in Lagos, the thirteen newly inaugurated executive members of the Nigerian Institute of Town Planners (NITP), Lagos State Chapter was urged to follow the path of professionalism in carrying out their official engagements and responsibilities, even as town planning has ...

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Why HOLLYWOOD is very fertile for real estate investment

You might be intrigued why Hollywood real estate is a good investment. Although they are usually priced steep, the returns are still on the positive side. Here are the reasons why you may consider investing in Hollywood properties: 1. Prime Location Property with High Returns It sells because it’s Hollywood! A prime real estate property to begin with, it sells ...

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EFCC gives NLC housing developer bail conditions

property ownership investigations

Following the wanting of Kriston Lally’s CEO by the EFCC and him turning himself to the EFCC, After making a comprehensive statement on what he knew about the failed Nigeria Labour Congress, NLC, Housing Scheme, Managing Director of Kriston Lally EPC Nigeria Ltd, Mustapha Umar Madawaki, was on Thursday granted conditional bail by the Economic and Financial Crimes Commission, EFCC. ...

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Avatar star puts up properties for sale

Avatar

Sam Worthington, the Australian actor best known for his lead role in “Avatar,” is putting his Kauai North Shore properties up for sale for about $6.5 million. The 11 acres of property in Kealia Makai include a three bathroom, three-bedroom 4,352-square-foot home as well as about six acres of an adjacent vacant lot, according to public records. Worthington, who also ...

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Agent’s Diary: My worst nightmare

Our second story in a long series of Agent’s diary dwells on the private life of a Real estate agent who happens to come from a very wealthy home. This is a sojourn into the personal life of arguably the youngest and one of the most talked about agent in Lekki; Kunle Irepodun (real names withheld). We decided to share ...

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Nigeria’s $36bn spent on construction projects is highest in West Africa for 2014

Nigeria is at the forefront of West African countries in major infrastructure construction projects in 2014, according to data from a recently released Deloitte African Construction Trends report. The report states that Nigeria spent $36.4 billion in major infrastructure construction projects for the year under review. Investment has been on the rise following the rebasing of the country’s gross domestic ...

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FASHOLA names housing estate after ENAHORO

Lagos State Governor Babatunde Fashola has named the Sogunro housing Estate, Ogba, after late nationalist, Chief Anthony Enahoro. In his address, while inaugurating the 240 housing units, Fashola lamented that the housing deficit in the country forced the state government to embark on the Lagos Home Ownership Mortgage Scheme, Lagos HOMS, to address the shortfall. Fashola further stated that aside ...

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Developers takes Eko Atlantic to Estate experts

The developers and city planners of Eko Atlantic city in Lagos have presented a specialized case study of the project to an audience of real estate experts and investors at MIPIM, the world’s leading property market that is held every year at Cannes, South of France. Vice Chairman of South Energyx Nigeria Limited, Ronald Chagoury Jr. disclosed this to newsmen ...

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Affordable FMBM RockView Estate unveiled in Abeokuta

AN alliance struck between the federal authorities and a private developer, Messrs Sparklight Property Development Company Limited has brought succor to contributors to the National Housing Fund (NHF) scheme and increased the housing stock by 196 housing units in Ogun State capital, Abeokuta The scheme known as Rockview Housing Estate, close to Obasanjo Hilltop, adds to the total of about ...

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Realtors at MIPIM see opportunity in Nigeria Market

Real Estate developers across the world have been charged to see the 16 million housing deficit in Nigeria as a golden opportunity to invest. According to a statement, Vice Chairman of South Energyx Nigeria Limited, Ronald Chagoury Jr and promoters of Eko Atlantic City (EAC) project, said at a workshop session at Premier Real Estate Event in France that it ...

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