Bestman Games have announced that the 2015 edition of the Unilag’s Faculty of Environmental Sciences Finance and Real Estate monopoly tournament, organized by Bestman Games, will hold on July 23 at the Akoka campus of the school. According to the organisers, Bestman Games, the tournament, tagged ‘City of Lagos Monopoly,’ will feature about 2, 500 students drawn from within and ...
Read More »Yearly Archives: 2015
Nigeria Mortgage Company Plans $2.2 Billion Bonds in 5 Years
Nigeria’s state-backed mortgage-refinance company plans to sell 440 billion naira ($2.2 billion) of bonds as it seeks to expand access to housing funds, its chief executive officer said. The Nigeria Mortgage Refinance Co. will start with the sale of 10 billion naira of debt next week, the first step in a quarterly program to raise 140 billion naira, Charles Inyangete, ...
Read More »Turkey issues alert on potential fraud in its real estate sector
Turkey’s government has issued an alert to warn Saudis about potential fraud in its real estate sector. The Turkish Consul General in Jeddah Fikret Ozer said there were fraudsters operating in the industry. He said the level of Saudi investments in the Turkish real estate sector has increased notably this year. Ozer said several companies and real estate offices ...
Read More »‘There are land litigations in court for the past 15/20years’ – Chinedu Ifezue
In a brief interview with Nigeria real estate hub correspondent, Mr. Chindedu Ifezue defines litigation in the simplest way possible, sheds more light into Land litigation in Nigeria and the challenges facing land litigation. Read below: Q: Good day sir, thank you for granting us this interview, kindly introduce yourself: A: My name is Chinedu Ifezue. I am a lawyer ...
Read More »The Practice of Property Management
Property management is an integral part of real estate that shouldn’t be taken with a pinch of salt. For this reason I am devoting this time and space allotted to me on this platform to discuss and share my thoughts and experiences on the management of properties as it is been practiced in Nigeria and other parts of the world. ...
Read More »Greater Port Harcourt city phase I to be completed in 5 years
The new management of the Greater Port Harcourt City Development Authority (GPHCDA) has promised to complete the phase one of the new city within the next five years. And to ensure that safety of those who will be involved in the development of the new Port Harcourt city, the GPHCDA is to liaise with the State Police command and other ...
Read More »Real Estate Billionaire Conrad Prebys Donates $100M For Medical Research
San Diego real estate billionaire Conrad Prebys has donated $100 million to support research on new drugs to fight cancer and other diseases. The gift, announced yesterday, went to the nonprofit Sanford Burnham Prebys Medical Discovery Institute in La Jolla, Calif., which added his name to its title today. Prebys, a prolific philanthropist, previously gave $11 million to the institute, primarily ...
Read More »NIESV urges FG to restructure budget and allocate more funds to housing sector
The Nigerian Institute of Estate Surveyors and Valuers has called on the Federal Government to restructure the budget in such a way that more funds would be allocated to the housing sector in order to reduce the housing deficit in Nigeria. NIESV noted that considering the housing deficit in the country, which currently stands at about 17 million units, such ...
Read More »Melbourne property deal shakes Malaysian government
The Malaysian Prime Minister has been forced to order an investigation into his own government’s role in the allegedly corrupt payment of $4.75 million emerging from the sale of a Melbourne student accommodation block. And the Papua New Guinea government is also under pressure after revelations on Wednesday that people close to the Prime Minister were giving detailed instructions in how ...
Read More »River State: Ministry of Housing to recover all Govt. illegally occupied houses
River state Ministry of Housing has said it will soon begin to recover all government residential and office houses which are illegally occupied. This was made known by the Commissioner for Housing, Mr. Emma Okah, during an unscheduled visit to the state-owned Iriebe Satellite Town, one of the many state government-owned housing estates across the state. The commissioner, who was ...
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