Home » Business (page 5)

Business

Call for housing investments in Scotland

The former Auditor General of Scotland, Robert Black, in a press conference scheduled to hold later today will say that spending on housing should be seen as a preventative measure. He will be speaking at the annual Chartered Institute of Housing (CIH) conference in Glasgow and saying that bad housing has the potential to damage lives. Charities said 13% of ...

Read More »

Mobile app driving real estate marketing

mobile app

As faster, smarter and affordable mobile phones continue to saturate the Nigerian market, real estate developers and professionals are gradually shifting attention to mobile technology for marketing in order to reach a wider population for their products (houses). From iPhone to iPad, Blackberry and other smart phones, real estate developers and agents have been caught in the web of mobile ...

Read More »

More women buy real estate in Taiwan than Men: Broker data

More women than men bought real estate in 2014, a situation a researcher at HB Housing, one of the largest real estate brokers in Taiwan, attributed to an increase in women’s financial independence. The ratio of male to female buyers in the real estate market stood at 49:51 last year, according to Jessica Hsu, head of HB Housing’s research department, ...

Read More »

Real Estate business in Nigeria is Challenging – Ubuwere

The Chief Executive Officer, Triumphant Gate Properties, Mr. Peter Ubuwere, has described the real estate business in the country as challenging. Ubuwere spoke during the allocation of 30 plots of land to one of its major subscribers to its Alexander Acres in Lekki in Lagos, C&I Co-operative Society. He said Real estate business in Nigeria is challenging but it is ...

Read More »

NMRC signs MoU with US firm for $1 Billion Investment in Mortgages

NMRC Appoints 4 Independent Directors

Despite the current economic difficulties occasioned by a significant drop in oil revenue, foreign investment inflows into the country recorded fresh impetus on Tuesday when Cantor Fitzgerald, a highly regarded investment company based in the United States of America, signed a memorandum of understanding with the Nigeria Mortgage Refinance Company (NMRC) for $1 billion (about N200 billion) in mortgages in ...

Read More »

Haven Homes unveil new designs for 2015

One of Nigeria’s top real estate companies delivering affordable luxury homes, Haven Homes has completed and delivered a brand new set of home designs to its subscibers at Richmond Gate Estate situated in Lekki. Speaking on the concept behind the 2015 home designs, the company’s spokesperson Mr. Sonuga explained that the new designs were conceptualized with more sensuality and adaptation ...

Read More »

Real Estate and Vision 2020

With 2020 half a decade away, the Nigerian Real Estate Sector should pin faith on the great white hope of landmark tour de force from almost all facets of human avocation in 2020 as promised by the GEJ administration, which predicts that Nigerian should be among the 20 biggest economies in the world five years from now, if Pigs begin ...

Read More »

Economy: High end properties struggle for tenants

The real estate sector is believed to be a sector which responds fast to the tune of any economy. This invariably means that the sector derives success or failure from the state of the economy. This is what inspired the view of Mr. Chude Obosi, the African President of International Real Estate Federation (FIABCI) who expressed that high end properties ...

Read More »

Nigerians now prefer to invest in foreign properties

Mr. Godwin Alenkhe, Chairman of the Estate, Rent and Commission Agents Association of Nigeria, Lagos state chapter has expressed that the high cost of land transactions is having a negative impact on the real estate sector as Nigerians now invest in foreign properties. He said this in an interview with MAUREEN IHUA-MADUENYI of PUNCH news. When asked how the devaluation ...

Read More »

NMRC resurgence sparks expectations of Market Boom

Mortgage In Nigeria

Expectations are high that Nigeria’s mortgage market which has, for too long, suffered slow growth, will experience a boom when the Nigerian Mortgage Refinance Company (NMRC), a private sector-led secondary mortgage market, starts refinancing more mortgages. The company, which launched 10,000 mortgages last year with an initial target of creating 200,000 mortgages, disclosed recently its plan to refinance one million ...

Read More »