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African Land Investments To Buy Shopping Malls And Office Facilities

Investors are looking to participate and partake of the opportunity to sell to Africa’s growing middle class with growing pockets. These investors are looking for the opportunity to participate in the growth of modern shopping malls and office blocks in sub-Saharan Africa. Launched October 24, 2013, African Land Investments (ALI) will invest in existing retail and commercial real estate assets across the ...

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Scarborough United Group Plans $500 Million Investment in Nigeria

Scarborough United Group

London-based Scarborough United Group Plc, SUGPlc, has announced it plans to invest N77.89 billion ($500 million US) in Nigeria’s real estate, leisure and football (soccer) services in the next six to nine months. Sheffield United, owned by Scarborough, is a major sports brand in the United Kingdom. Nairaland Forum and All Africa, two Lagos-based online publications, separately reported Scarborough United, ...

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Ellen Degeneres Sells Off Beverly Hills House

Talk show host Ellen DeGeneres and partner Portia de Rossi have made their next move in the real estate game. This time, the couple sold their Beverly Hills penthouse for a paltry $843,900 – at least paltry compared to their other real estate transactions. Only two weeks ago they listed their California ranch for $10.995 million before bumping up the ...

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Fashola Names Housing Estate After Anyaoku

Construction chiefs canvass dialogue on housing

Lagos State governor, Babatunde Fashola, yesterday 10th April 2013, immortalised the former Secretary General of the Commonwealth, Chief Emeka Anyaoku, by naming the newly completed housing estate located in Ikeja Government Reserved Area (GRA), after him. Speaking at the commissioning of the Housing Estate, Fashola said the honour was in recognition of Anyaoku’s contributions to the development of the Nigerian ...

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Corporate Social Responsibility

Corporate Social Responsibility

As a company, we (Realty Point Limited) endorse and embrace the definition of Corporate Social Responsibility as proposed by the World Bank when we embark on the social responsibility of becoming corporate citizens. Corporate Social Responsibility is the commitment of business to contribute to sustainable economic development – working with employees, their families, the local community and society at large ...

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Rainfall: Lagos Urges Residents to Quit Flood Prone Areas

The Lagos State Ministry of the Environment has urged residents of flood prone areas in the state to seek alternative accommodation as the rainy season approaches. The Commissioner for the Environment, Mr. Tunji Bello, made the call at a press briefing to announce the 2013 seasonal rainfall prediction and its socio-economic implication for the state on Friday. Credits: urbanafrica.net He ...

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Social Media Giant Facebook in Real Estate Business

Facebook in Real Estate Business

  Facebook is making a foray into real estate business by partnering with developer St. Anton Partners to build a 394-unit apartment complex within walking distance of the company’s Menlo Park campus. The 10-acre complex, dubbed Anton Melo, will include a sports bar, bike repair shop, yoga center and a pet spa.   Facebook employees will get first crack at ...

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REALTY POINT LIMITED: We Promised We Delivered

Congratulations to the staff and management of Realty Point Limited on promise delivered to the family of Mr And Mrs Gbolahan Soetan, the first subscriber to move into and start residing in our estate- Prime Estate 2, Sagamu-Papalanto Road, Mowe/Ofada Ogun state. They moved in on Friday August 3, 2012 and we honoured the iconic feat with a letter of ...

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Lagos Housing Fair to Discuss Climate Change

Stakeholders in the Nigerian housing and construction industry are set to discuss how the sector can adapt to the phenomenon of climate change at the Lagos Housing Fair. The stakeholders, who will gather at the 13th Lagos Housing Fair in Ikeja between April 29 and May 4, are expected to focus on contemporary issues in housing development as well as ...

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Lagos Property Owners Receive N1bn Compensation

Lagos property owners

The Lagos State Government has released over N1.025bn as compensation for owners of landed properties affected by development activities in the state. The Lagos property owners are to divide the compensation grant among themselves. According to a statement by the state Lands Bureau, the compensation was paid to those whose landed properties and buildings were acquired for overriding public interest ...

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