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Yearly Archives: 2015

Grand Towers Property Fund investing in developments in Nigeria’s state capitals

Nigerian retail market

Registered in Mauritius, the Grand Towers Group developed the first Shoprite-anchored mall in Abuja and the Grand Towers Abuja Hotel which was commissioned in March 2013. “We are partnering with Shoprite – which has planned a massive rollout of 50-60 malls in Nigeria – and other multi-national tenants seeking access to this unserviced market in the development of further malls ...

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Top 10 Weirdest Buildings on Earth

top 10 weirdest buildings on earth

We are about to share with you amazing and weird pictures and details of buildings/places you never thought existed. The only way you would have come across buildings in this article is probably watching a Hollywood movie. These pictures and info will hold you spellbound! If you are opportuned to take a tour round one of the buildings displayed below, ...

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TOP 5 UNSAFE ZONES IN LAGOS

top 5 unsafe places in lagos

There are lots of beautiful cities around the world that people crave to visit and spend quality time. However those cities are not perfect wonders, they do have some factors that smear their beauty and Lagos is no exception. In as much as some parts of the city defile all odds in terms of finesse, there are some places that ...

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LAGOS: Study supports bid to acquire abandoned properties

ambode and law against street begging & hawking

A study by Forest Service’s Northern Research Station, University of Pennsylvania and Yale School of Public Health, United States America has said the move by the immediate past Lagos State Government to acquire all abandoned properties in the state was in good direction. Reason? Abandoned properties acquired by the government and improved upon could be a major way to reduce ...

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‘The Dome” in Ondo state to be delivered in not-too-distant future

tourism facilities in Ondo state

Delighted at the pace of the project, the Ondo State Government has renewed its pledge to deliver an international event centre, popularly referring to as “The Dome”, in not-too-distant future. Ondo State Governor, Dr. Olusegun Mimiko, has submitted that at the completion of the event centre, The Dome will become the number one tourism corridor in the country. According to ...

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NBCC solicit legal framework for affordable homes

legal framework for affordable homes

NBCC solicit legal framework for affordable homes The Nigerian-British Chamber of Commerce (NBCC) has called on the government to come up with viable legal framework for real estate sector to provide affordable houses for Nigerians. This was made known by the Managing Director, UACN Property Development Company Plc (UPDC), Mr. Hakeem Ogunniran at the NBCC Breakfast Meeting held in Lagos. ...

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Stakeholders seek urgent measure to end building collapse

Building Collapse Prevention

The spate at which buildings are being collapsed in the metropolis, especially, in the Lagos Mainland has become a source of worry to the stakeholders. Their concern was reflected at an interactive session organised Building Collapse Prevention Guild (BCPG), a nongovernmental organization (NGO) and the Lagos State Building Control Agency (LASBCA). The forum, held at Yaba Local Government Secretariat last ...

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Firm reaffirms steady growth in Dubai’s real estate market

growth in Dubai’s real estate market

Global Firm reaffirms steady growth in Dubai’s real estate market Dubai continued to see steady supply growth during the first six months of the year, as performance within the residential and hospitality markets began to soften after a three year period of sustained growth, according to the Q2 2015 Dubai MarketView by global property consulting firm CBRE. According to the ...

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“Avoiding building collapse is a task for every stakeholder” – Architect Temidayo Fabiyi

Avoiding building collapse

MD/CEO, FT+D Ltd, Architect Temidayo Fabiyi, in an interview with Nigeria real estate hub correspondent has said that avoiding building collapse in Nigeria is a task for every stakeholder in the building industry. A graduate of the University of Lagos department of Architecture with a post graduate degree in Environmental Sciences (Architecture) and a member of the Nigeria Institute of ...

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Pension funds to address Nigeria’s housing deficit

Nigeria Mortgage Refinance Company Lists Shares On NASD

According to Nigeria’s Ministry of Lands, Housing and Urban Development, the country needs about N59 trillion to address Nigeria’s housing deficit by adding two million units each year. Stakeholders believe Nigeria’s N4.7 trillion pension funds must play a key role in bridging the gap. Kehinde Ogundimu, CFO, Nigeria Mortgage Refinance Company joins CNBC Africa to discuss how pension funds can ...

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