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Johannesburg’s RMB Westport set to invest $250million in Nigeria’s real estate

In an unprecedented move, Johannesburg-based RMB Westport, South Africa’s second-largest financial-services company, announced the property unit of its investment banking arm has raised $250 million to develop real estate in West Africa. The initial sites will be in Nigeria, Ghana and  Angola. Retail and mixed-use development will be the primary objective. Africa currently has strong demand for high-grade retail and ...

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Jonathan To Open 43rd Estate Surveyors Conference

Goodluck Jonathan Estate surveyors conference

President Goodluck Jonathan is expected to declare open on Thursday the 43rd Annual General Conference of the Nigerian Institution of Estate Surveyors and Valuers. The Estate Surveyors Conference will hold in Benin City, Edo State. The conference, which will discuss topical national and international issues, and also serve as a social gathering for members of the institution, will last for ...

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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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RPL: Prime Estate 2 Allottee Sensitization Meeting 2013

The meeting was designed to intimate and sensitize all  Prime Estate 2 allottee about current site developments. The meeting held at Mowe/Ofada on Saturday 16th of March 2013 took place on site. Fully managed by Realty Point Ltd, the event was put together by the company as part of the drive to encourage the said allotees to commence work on ...

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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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