Real Estate

In August this year, the Federal Executive Council approved 27 new industries and products to enter into the pioneer status. This incentive scheme was to give tax holidays to these industries for three years, to enable them to grow and expand investments. Among these industries are real estate industries. Correspondent of Nigeria Real Estate Hub (NREH), Esther Adeniyi interviewed a ...

According to a new study, metropolises in Germany now have the greatest potential for development in all of Europe. This is as a result of the emergence of Brexit. Germany can now be regarded as the best real estate investment location in Europe. On the flipside however, while this might be good news for investors, it also means that tenants ...

On November 7 and 8, a two-day summit will be held by the Lagos State Branch of the Nigerian Institution of Estate Surveyors and Valuers (NIESV). According to the branch’s Publicity Secretary, Mr. Richard Olodu, estate surveying and valuation profession encompasses diverse fields of specialisation, including such land, building, engineering and Business, Estate agency, Investment advisory, property management, facilities management, ...

Vice President Yemi Osinbajo has reiterated the commitment of the Federal Government to tackle the housing deficit, especially housing for low income earners in the country. Osinbajo, who was represented by the Minister of States for Power, Works and Housing, Mr Suleiman Hassan, said this in Abuja on Tuesday at a One-Day High-Level Dialogue on a Pro-Poor PPP Housing programme ...

There are various approaches to buying property depending on what suits you. You can buy property as a lone ranger, some choose to use the peer approach in acquiring properties while others opt for the cooperative approach. In this piece and in the audio that comes after, you will get to learn how to buy a property using peer approach. ...

PM new reports that Ikeja Electric (IE) Plc has announced there would be 8 days blackout in some parts of Lagos between November 3 and November 10. Mr Felix Ofulue, the Head, Corporate Communications, said in Lagos that the 8 days blackout was part of the strategic efforts to improve power supply to consumers across the network. Ofulue said in ...

According to China Civil Engineering and Construction Company (CCECC), the company  handling the new terminal building at the Nnamdi Azikiwe International Airport, Abuja, the project is 80 per cent complete. The Project Manager, Mr Kevin Lee, disclosed this to the members of the Senate and House of Representatives Joint Committee on Aviation during their oversight visit to the airport on ...

Real estate transactions involve the leasing, renting, buying or selling of property and is viewed as a very profitable venture. Unfortunately, scams and frauds are a common feature within the sector. This article identifies red flags in real estate transactions you must watch out for. Scam or fraud is a major obstacle bedeviling real estate transactions in Nigeria, this is ...

Proper financing is all-important to successful property investment and development. In this article we take a critical look at the challenges of financing real estate developments in Nigeria. The term ‘development’ as defined in section 2(1) of the Nigerian Town and Country Planning ordinance 1948, states that “development in relation to any land includes any building or rebuilding operation and ...

For many property owners in Nigeria, asking a professional property manager to manage a property is like spending money like a drunken sailor. Most property owners don’t believe a professional property manager does anything special, so why employ one? There’s so much a professional property manager can do to that residential rental property or commercial property that would bring immense ...