According to Wiki, the term commercial property (also called commercial real estate, investment or income property) refers to buildings or land intended to generate a profit, either from capital or rental income. Rental value is a key parameter for measuring real property performance. It is also a major cost for tenants and an important source of income for the landlord. ...

A real estate marketing firm, Revolution Plus Property Development Company Limited, has revealed its intention to partner the Federal Government in its quest to bridge the 18 million housing deficit by year 2030. To achieve the goal, the firm has decided to offer 20 per cent discount on all its housing estates across the country during the just concluded a ...

Some persons can’t seem to understand why their home is not selling. Many have had their home on the market for months without a showing. Some home sellers have had dozens of buyer previews but not one purchase offer. In buyer’s markets, it is especially important to pull out all the stops and make your home stand out among the sea of inventory ...

To promote good professional standards and provide consumers, accessible and effective service, Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) has tasked Estate Surveyors and Valuers (ESV) to adopt self-regulatory approach in their practice. Chairman of Professional Practice Committee (PPC) and member of ESVARBON, Victor Alonge said the adoption of such approach will enhance the reputation of members. Speaking ...

The Edo Development and Property Authority (EDPA) will from ending of this month embark on re-certification and rent recovery exercise of residents in its estates across the state. In a statement, the Executive Chairman, EDPA, Isoken Omo, said the exercise, which is expected to last for eight weeks, will target homeowners and estate residents. The affected estates according to him ...

The practice of estate surveying and valuation in Nigeria has been bedeviled with several challenges leading to negative public perception. In this interview, the second vice president of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) and the principal partner of Portharcourt based Emma Wike & Partners Emma Okas Wike, gives an insight on what the board is doing ...

With one of the largest Diasporas in the world, Nigeria is trying to charm its citizens overseas to invest into the country’s property market through the Nigerians in Diaspora Housing Programme (NIDHOP), through which ‘Diaspora cities’ will be created across the country. The Nigerian Diaspora totals 15 million around the world, according to Abike Dabiri-Erewa, Senior Special Assistant to the ...

Following the unending traffic congestion that has paralysed economic activities in the Apapa area of Lagos, a move has been initiated to address the ugly development as the first ever Apapa Economic Summit opens today at Rockview Hotel, Apapa. According to Hon. Owolabi Ekijah Adele, Executive Chairman, Apapa Local Government, the summit which ends tomorrow is organized in partnership with ...

THE Attorney-General of the Federation and Minister of Justice, Abubakar Malami, currently facing scrutiny from the Senate for allegedly spearheading the recall of wanted pension fraud suspect, Abdulrasheed Maina, yesterday, raised the alarm that masterminds of the multi-billion pension fraud and their beneficiaries were behind the ferocious media onslaught against him and his office. Malami told Vanguard that he was ...

Olatunbosun Okpeseyi the CEO of Lord Cowries Limited, is a certified auctioneer, real estate mogul and a practicing barrister who loves to keep himself busy doing something new. In this interview with The Sun, he narrated how it all started in his university years. So how did you start? I started doing some of these things right from my university days. ...