Real Estate News

A distinguishing feature of a profession is its acceptance of its responsibility to the public. The clients of Estate Surveyors and Valuers consist of the three arms of government; private investors, the business and financial community, and others who rely on the objectivity and integrity of members to maintain the orderly functioning of the real estate business hence high level ...

Spurred by the need to reduce housing deficit in the country, Messrs SunGold Estate Limited has begun the construction of two housing projects in the Federal Capital Territory, Abuja. The projects christened Lenox Apartments and Splendour Apartments are located at Gaduwa and Durumi districts of Abuja respectively. The new projects are coming on the heels of the launch of Sungold ...

AFTER complying with Lagos State Environmental protection Agency (LASEPA) directives, the 1004 estates’ mega size 1.6million litre capacity water treatment, which services the estate needs, has been reopened. The 1004 Estates Limited water plant was temporarily shut by LASEPA due to complaints received from the Crescent School located next to the water treatment plant in the estate. The estate owners and ...

The construction industry in Nigeria is today in special focus as the search for operators who are innovative and creative in the work they do commences with the aim of recognizing them through the new Nigeria Construction Awards. The Awards, which is in its maiden edition, is promoted by InstinctWave, the publisher of InstinctBusiness magazine—organizers of the highly recognized and ...

Despite predictions by experts that property business would pick-up, after the general elections in the country, investigations showed that the sector was still grappling with a combination of extenuating factors with the result that investors are now experiencing lower returns. SYLVA EMEKA-OKEREKE reports. Early this year, some property experts had predicted high returns on investments. Basing such predictions on possible ...

“One would have thought that, with the numbers of estates in the Federal Capital Territory (FCT), the problem of housing in the nation’s capital will be a thing of the past. However, the reverse is the case, as countless numbers of people are still homeless and living on the streets and under bridges, because they cannot afford to pay the ...

Tokunbo Omisore is the Chief Executive Officer of Top Services Limited and President of African Union of Architects. In this interview with MAUREEN IHUA-MADUENYI, he talks on effect of Naira fluctuation on property development and the need to encourage retail mall development as a means of job creation Read excerpts below: A lot of developers are focused on residential buildings ...

The British Institute of Facilities Management has said that as the real estate industry in the country continues to attract local and foreign investment, experts in the sector must raise professional standards. The Vice Chairman, Mr. Tunde Obileye, who spoke on behalf of the Chairman of BIFM Nigeria, Mr. Wale Odufalu, at the institute’s meeting, said engaging policy makers, was ...

In a bid to promote ethical conduct, competency and global best practices in estate surveying and valuation, the Estate Surveyors and Valuers Registration Board of Nigeria has unveiled three books. The books, ‘Valuation Report Template’, ‘Competency Framework and Code of Professional Conduct’ and Explanatory Notes for Estate Surveyors and Valuers, according to ESVARBON, are expected to boost the growth of ...

UACN Property Development Company says it will unveil its Festival mall in October this year, which is part of its mixed development in FESTAC, Lagos. The General Manager, Marketing and Sales, Mrs. Titilayo Gbadamosi, said this during a tour of the mall, stressing that investors and customers would have adequate security measures within and around the new project, expected to ...