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Boom expected in Africa’s Real Estate Market

A number of geopolitical risks have caused instability of the world economic growth and made investors look for where to invest money safely and profitably. The real estate sector is one of the few which have not lost their credibility among investors. The most forward-thinking investors are paying more and more attention to the African continent, where the retail and ...

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Real Estate heir squanders $3.5m meant for charity on cars

misconduct charge court stories alleged fraud

The heir to a Manhattan real-estate fortune squandered millions of dollars that was supposed to go to a Jewish charity, going on a spending spree that included fancy cars and posh hotels, according to court papers. The United Jewish Appeal claims it was supposed to get the remainder of a trust set up by building mogul Bill Gottlieb, who died ...

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UN’s estimated 289m population raises Nigeria’s housing challenge

The United Nation, UN, report has estimated that Nigeria’s population would hit 289 million by the year 2050. Beyond the UN, the United States Census Bureau, USCB, also estimated that within the same period, the nation’s population would hit 264 million, thus making Nigeria, the 80th most populous country in the world. Experts believe that with the rising population trend, ...

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Nigeria at the top of West African countries in major infrastructure

According to data recently released by Deloitte African Construction Trends report placed Nigeria at the top of West African countries in major infrastructure construction projects in 2014, with a total spend of $36.4 billion on major infrastructure construction projects for the year 2014. “Whereas South Africa was previously the choice market in Africa for scalable operations, Nigeria now has a ...

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Nigeria Real Estate Hub unveils #ShelterMatters

shelterMatters

The leading hub for real estate News and information in Nigeria will be unveiling #ShelterMatters on Friday, 10th of April 2015. Shedding more light to this initiative, the Head of Media, Olumide Lawrence, explained that this step is to reach out to every Nigerian out there already on  different social media platforms. “The Real Estate sector is one which an ...

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Real Estate Investors Still Prefer Apapa for Sturdy Property

According to a report/review originally featured on ThisDayLive, Lagos state government have intensified actions to bringing Apapa back to its glory. The once preferred highbrow residential area, home to three of the nation’s biggest seaport might be on its way back to its usual state and even better. Read review below: “With the perennial traffic logjam gradually becoming a thing ...

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Park Inn by Radisson to Open Q3 2016 in Onitsha, Nigeria

Carlson Rezidor further strengthens its presence in Nigeria by announcing the Park Inn by Radisson Onitsha. The mid-market property featuring 152 keys is already under construction and scheduled to open in Q3 2016. It brings the group’s portfolio in Nigeria to 7 hotels with 1,200 rooms in operation and under development. Carlson Rezidor is a leading international player on the ...

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Okereke-Onyiuke , Others Restrained From NSE Property

Justice Mohammed Yunusa of the Federal High Court, Lagos has granted an interim injunction restraining the former Director Genral of the Nigerian Stock Exchange (NSE), Dr. Ndi Okereke- Onyiuke and five others from tampering with the property lying at No 2, Temple Road Ikoyi Lagos. The injuction followed an exparte application brought against the defendants by Chief Bolaji Ayorinde SAN ...

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