Real Estate News

The group managing Director of Wrothams Windsor, Richard Priye Vedelago in an interview with Paul Obi of ThisDayLive spoke about the potential of Nigerian property markets and public sector investment in properties and housing Read excerpts below: If you take a look at the property sector in Nigeria, there are speculations that the market is saturated and that there are ...

CEO Sujimoto Group, Sijibomi Ogundele meets Dubai king to discuss Nigeria luxury real estate brand. Their meeting was strategically designed to explore investment opportunities and exchange between Nigerian luxury real estate brand, Sujimoto Construction and top Emirati architectural firms. The king of Dubai, Sheikh Mohammed bin Rashid AlMaktoum, during this meeting, heaped praises on Nigeria, describing the country as the ...

In this era where iconic buildings are utilised by visionary real estate investors to make bold architectural statements across skylines of global city hubs, one of such head-turners, Civic Centre Tower (CCT), has officially opened for business what it described as Nigeria’s first intelligent structure on the ever busy Ozumba Mbadiwe Way in Victoria Island, Lagos. Promoted by one of ...

In demonstration of its quest to become Nigeria’s frontline real estate development firm, Lekki Gardens has again, unveiled its second residential estate in the Federal Capital Territory (FCT), Abuja. Christened The Paradise, the new estate is situated in the Life Camp neighbourhood of Gwarinpa, with access to major parts of the City through the Central Business District (CBD), which is ...

Following claims of high service charge and mismanagement by a group known as 1004 Home Owners and Residents Association in Victoria Island, Lagos, 1004 Estate Limited has debunked the allegation, saying that the firm has shrewdly manage the funds and ensure that the estate continues to function inspite of all deliberate hindrances, false accusations and black mail. The estate is the largest high-rise luxury estate in Nigeria ...

This was an appeal against the decision of the Court of Appeal, which set aside the judgment of the High Court of Kebbi State given in favour of the appellants. The Supreme Court, in a unanimous decision, dismissed the appeal  Following their inability to convince the Supreme Court of Nigeria on their claimed ownership of a landed property, eight indigenes ...

The Houston Housing Authority found itself in the middle of a sticky lawsuit this week when the agency tried to use eminent domain to “steal” two historic churches’ property as part of an urban renewal project. A Texas attorney representing the two churches is alleging that the city intended to use some of that property to build a for-profit business. ...

In an interview with leadershipng correspondent, the factional president of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Elder Chinedu Okoronkwo, gives a detailed background into the association’s lingering leadership crisis. He also cleared the air on allegations surrounding its proposed housing scheme. Read excerpts below: There is also an allegation that your housing scheme is fraudulent? When we came on ...

Alpha Mead Development Company (AMDC) has announced its plans to lower the entry level for middle income home buyers in Nigeria, using a modular building system. AMDC is one of the Strategic Business Units of Facilities Management Company, Alpha Mead Facilities & Management Services Ltd (AMFacilities). The company’s plan was revealed at a press briefing in Lagos recently, where it ...

Delta State Police Command is currently investigating circumstances surrounding the alleged killing of one Iriguvwedo Joshua by his landlord, Mr. Blessing Omasehe. The victim, who until his death, was a driver and machine operator at a private water factory located by Aziza Junction, along Warri-Sapele Road, was alleged to have died from wounds sustained from the attack at his Chinkelly ...