Real Estate News

As IO furniture hosted the Nigerian Institute of Quantity Surveyors (NIQS) and Real Estate Developers Association of Nigeria (REDAN), last week in Lagos, the chairman, NIQS Lagos chapter, Mrs. Adenike Ayanda stated that quantity surveyors need partnership with other groups within the construction industry such as the furniture producers, as they are well connected. Towards lifting the built environment sector, ...

Olive Court, a premium residential estate, is a joint venture between the Oyo state Government and UPDC Plc. It is located on 2.04 hectares of land with beautifully designed, generously spacious houses coupled with excellent leisure services Exactly 18 months from the takeoff time, a frontline real estate firm in Nigeria, UACN Property Development Company, will be delivering the second ...

The Lagos  State Government has insured the Lekki-Ikoyi Link Bridge, roads and other important state-owned infrastructures for N133 billion against terrorists attack and natural disasters. This was disclosed by the Commissioner for Finance, Mr. Ayo Gbeleyi while speaking on the financial activities of the state government in the last one year. According to him, “Strategic assets such as bridges, drainage ...

In view of successfully tackling the housing deficit in Lagos state and continuation of its major housing delivery plan for 2015, the state government has concluded partnership with seven private developers to deliver 687 housing units’ projects. The firms: Messrs Nicobana Nig. Ltd., who is to deliver five units of 4-bedroom apartment at 21, Turnbull Road, Ikoyi; Messrs CSB/Prosper Garden ...

The managing director of the Federal Housing Authority (FHA), Prof Mohammed Al-Almin, has said that the provision of social housing is the sole responsibility of the authority and not the Federal Mortgage Bank of Nigeria (FMBN) or Ministry of Land, Housing and Authority. Speaking yesterday in Abuja during the 2015 pre-workers’ day lecture organized by the Senior Staff Association of ...

Their problems started in 1997, when the allottees noticed that six blocks of flats they occupied were cracking, with the possibility of total collapse. After series of complaints to different administrations, starting from Brigadier-General Buba Marwa, a military administrator in Lagos and former governor, Bola Ahmed Tinubu, not much was achieved. However, on July 2007, the occupants sent a Save-our-Soul ...

The Lagos State Commissioner for Housing, Bosun Jeje, said on Tuesday that the state government has not been able to tackle the housing problem in the state because of the high cost of building and non-availability of fund. He, however, added that the state government under the outgoing administration of Governor Babatunde Fashola, provided 10,000 housing units for people of ...

AN office complex being developed by a Lagos-based firm architectural firm, Messrs Design Genre Consultants is among the 57 entries shortlisted for the 2014 World Architecture News commercial Award (WAN) in the commercial category. WAN is regarded as the largest international Architecture awards programme as well as a major international competition that celebrates and promotes the best in international architecture ...

The UPDC REIT has declared a total of N0.87k distribution to unitholders for the 19 months period ended December 31, 2014. Besides, an interim distribution of N0.56k was earlier made to unitholders for the 13-month period ended June 30, 2014 while a final distribution of 0.31k was also paid to unitholders for the 19 months period ended December 31, 2014. ...

Lagos State Government has given the reason for altering the design of the much awaited Fourth Mainland Bridge along the Lekki Peninsula. According to the government, the redesign of the bridge component of the 23 kilometres road project became imperative because of the challenges the original design posed for it (government). The bridge itself is about four kilometres. The State Commissioner for ...