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Yearly Archives: 2015

Faculty sets date for Real Estate Monopoly Tournament in Unilag

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 ...

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Nigeria Mortgage Company Plans $2.2 Billion Bonds in 5 Years

TrustBond mortgage offers affordable home financing

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, ...

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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 ...

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‘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 ...

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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. ...

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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 ...

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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 ...

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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 ...

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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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