Real Estate News

“Lagos State Governor  Akinwunmi Ambode has said reforms to reposition land administration for efficiency and ease of doing business have been put in place by his administration. These include the deployment of cutting-edge technology. Ambode made this known while inaugurating the upgraded and redesigned Land Registry in Alausa, Ikeja. The reforms, he said, were reasons for the accelerated issuance of ...

The Guardian reports that a global investment private equity firm, Quant Capital will be hosting Real Estate Investment Trust (REIT) seminar across Nigeria in August and September 2017. The seminar, which holds in Lagos, Abuja, Port Harcourt and Kaduna would deepen the REITs market in Nigeria and provide professionals with an understanding of the real estate industry’s unique drivers and ...

“The daunting task of surmounting homelessness in Nigeria can be achieved as early as the next decade Mr. Ben Uche Odunzeh, Chairman of EUC Homes Limited has posited.”- Vanguard Ben Odunzeh Odunzeh’s EUC Homes Limited, a real estate company located in Lagos and recipient of the City people magazine award of ‘Most Promising Real Estate Company of the Year Award ...

Shonekan, in a chat with The Nation, said with an efficient mortgage system, more Nigerians would be able to own homes. He, however, noted that many are not aware of the processes to getting a mortgage. “Nigerians waiting on the government for social housing may wait for a long time. This is because the economic reality does not leave room for ...

“A construction firm, NACENN Nigeria Limited has asked the Enugu State High Court to dismiss the over N267m suit brought against it by the former Vice Chancellor of the Nnamdi Azikiwe University (NAU), Awka, Prof Ilochi Okafor (SAN). Managing Director of the company, Engr. Ezekiel Ezulike, while testifying in the suit before Justice H.D Eya, stated that Okafor was not ...

Premium Times reports that the Lagos State House of Assembly on Monday summoned the state Commissioner for Environment, Babatunde Adejare, to appear before it on Tuesday in respect of the massive Lagos flood events on Saturday. The News Agency of Nigeria reports that the flood had affected major parts of the state, especially Lekki, Victoria Island, Ajah, Ikoyi and Lagos ...

“THE Building  Collapse Prevention Guild, BCPG, a non-governmental advocacy body championing prevention of building collapses in the country has urged the Standards Organisation of Nigeria, SON, to create a specialised department for building, just as it raised the alarm that more incidents of building collapse were imminent in the country except urgent necessary actions are taken to arrest factors responsible ...

“Wife of former Vice President, Mrs.Titi Atiku Abubakar, has narrated to a Lagos High Court sitting in Ikeja how her former errand boy, Nsikak Akpan Jacobs, whom she made the Managing Director of her company, THA Shipping and Maritime Services, sold her property for N918 million and used the money to fund his gubernatorial campaign in Akwa Ibom State.”- The ...

The Nation reports that the FCT Minister, Malam Muhammad Musa Bello has urged residents to support the ongoing land reforms in the Federal Capital Territory. Bello said the reforms are meant to curb irregularities and ensure fairness and equity in land allocations. This position was made known by the Head, Public Enlightenment Team, Mrs Josie Mudasiru during a courtesy visit ...

“Report back from the 3rd edition of the JLL Masterclass series in collaboration with the Harvard Business School Nigeria Alumni Association Real Estate circle: Industry leaders from various sectors were invited to discuss the topic “Leveraging your Real Estate portfolio to achieve sustainable business growth”.  Business longevity strategies were on the table as well as the role and evolution of ...