SYDNEY’S property buyer numbers plunged over the weekend, causing the auction clearance rate to fall to 77.8 per cent, just above the national average of 77 per cent. The poor return from one of the busiest auction weekends in winter history saw the Harbour City slump to fifth place among the nation’s capitals, despite holding down top position for nearly ...
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RIVERS: N853m property destroyed, 94 killed in political violence
No fewer than 95 cases of killings were reported to the Commission of Inquiry set up to investigate politically motivated killings and damage to property in Rivers before, during and after the 2015 general elections. According to a report by Daily Trust, the final report of the Commission of Inquiry came out with startling revelations which showed the killings occurred ...
Read More »‘Properties are being over priced due to lack of market research’ – Vedelago
The group managing Director of Wrothams Windsor, Richard Priye Vedelago in an interview with Paul Obi of ThisDayLive spoke about the potential of Nigerian property markets and public sector investment in properties and housing Read excerpts below: If you take a look at the property sector in Nigeria, there are speculations that the market is saturated and that there are ...
Read More »Sijibomi Ogundele meets Dubai king to discuss Nigeria luxury real estate brand
CEO Sujimoto Group, Sijibomi Ogundele meets Dubai king to discuss Nigeria luxury real estate brand. Their meeting was strategically designed to explore investment opportunities and exchange between Nigerian luxury real estate brand, Sujimoto Construction and top Emirati architectural firms. The king of Dubai, Sheikh Mohammed bin Rashid AlMaktoum, during this meeting, heaped praises on Nigeria, describing the country as the ...
Read More »Civic Centre Tower Showcases Nigeria’s First ‘Intelligent Structure’
In this era where iconic buildings are utilised by visionary real estate investors to make bold architectural statements across skylines of global city hubs, one of such head-turners, Civic Centre Tower (CCT), has officially opened for business what it described as Nigeria’s first intelligent structure on the ever busy Ozumba Mbadiwe Way in Victoria Island, Lagos. Promoted by one of ...
Read More »#ShelterMatters: Which do you prefer, erecting a building or buying an already built house?
The thought of buying a land and erecting your own building to your own taste is good but isn’t buying an entire house anew without going through all the preambles better? Many people have actually reached a deadlock in an attempt to take a decision on the aforementioned premise. On #shelterMatters we would be looking at your preferences. To buy ...
Read More »Lekki Gardens unveils ‘The Paradise estate’ in Abuja
In demonstration of its quest to become Nigeria’s frontline real estate development firm, Lekki Gardens has again, unveiled its second residential estate in the Federal Capital Territory (FCT), Abuja. Christened The Paradise, the new estate is situated in the Life Camp neighbourhood of Gwarinpa, with access to major parts of the City through the Central Business District (CBD), which is ...
Read More »1004 Estate Limited debunks allegations
Following claims of high service charge and mismanagement by a group known as 1004 Home Owners and Residents Association in Victoria Island, Lagos, 1004 Estate Limited has debunked the allegation, saying that the firm has shrewdly manage the funds and ensure that the estate continues to function inspite of all deliberate hindrances, false accusations and black mail. The estate is the largest high-rise luxury estate in Nigeria ...
Read More »Supreme court resolves Kebbi land dispute, affirms High court judgment
This was an appeal against the decision of the Court of Appeal, which set aside the judgment of the High Court of Kebbi State given in favour of the appellants. The Supreme Court, in a unanimous decision, dismissed the appeal Following their inability to convince the Supreme Court of Nigeria on their claimed ownership of a landed property, eight indigenes ...
Read More »Houston Churches Sue City for Trying to Take Their Private Property
The Houston Housing Authority found itself in the middle of a sticky lawsuit this week when the agency tried to use eminent domain to “steal” two historic churches’ property as part of an urban renewal project. A Texas attorney representing the two churches is alleging that the city intended to use some of that property to build a for-profit business. ...
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