Real Estate

A newly released biannual Global Real Estate Transparency Index (GRETI) 2016 by property consultancy firm Jones Lang LaSalle (JLL), Nigeria ranks 83rd out of 109 markets covered. Nigeria’s real estate transparency score was 3.8 in 2016, a marked improvement in transparency. The scores in the Index range between one and five, with one representing the highest level of transparency and ...

Stakeholders have called on the government to revisit home completion loan scheme. The scheme supports the new paradigm for unlocking housing microfinance and leverages on incremental development that most Nigerians use in acquiring new homes as well as renovate and upgrades existing structures. The scheme is expected to catalyze the demand side of the equation. Stakeholders that attended the 10th ...

Kourtney Kardashian splashes  $6600-per night on stay at luxury accommodation while on holiday with Scott Disick and kids The 37-year-old reality star has spared no expense while on a lavish holiday with Scott Disick and their kids in Nantucket. The family is reportedly holed up in an opulent 7-bedroom mansion which costs $6600-a-night. Reports have it she rented the luxury ...

Investors, mainly Arab and foreign nationals, poured Dh57 billion ($15.51 billion) into Dubai’s real estate market in the first half of 2016, according to the Dubai Land Department’s (DLD) transactions report. As many as 26,000 investors from 149 countries, with the majority being GCC nationals, invested in the Dubai market during the period, the report issued by the DLD’s Real ...

There are many exceptional and breathtaking buildings in Africa, and I’m talking about buildings that are as beautiful as the ones found in Europe, United Kingdom, America, Asia and Australia. Do you think there is any building in Nigeria on this list, considering the fact that we are the giants of Africa? Find out which buildings made the top 10 ...

An investigation by SaharaReporters into the assets of Nigeria’s Minister of Interior, Lieutenant-General Abdulrahman Dambazau (ret.) has discovered that he and his wife own properties in the US whose total worth, in millions of dollars, raise questions about the source of the minister’s funds. Two real estate consultants told SaharaReporters correspondents that the properties traced to Mr. Dambazau have an ...

For most Nigerians that have served the government or being into civil service for donkey years it is almost impossible that they save enough to own a piece of land talk-less having money to build their own houses. Therefore, many Nigerians do require one form of assistance or the other to become landlords. This assistance normally should come in form ...

The Lagos State Home Ownership Mortgage Scheme (LagosHOMS) has again provided 54 residents of the state with houses under its scheme. The General Manager, Lagos State Mortgage Board, Dehinde Tunwashe, said that the Oko-oba scheme, which was inaugurated recently, has large sized two and three-bedroom apartments in a gated community, adding that giving them out was a way of alleviating ...

Cristiano Ronaldo will on Friday open the doors of his new five-star hotel in his native Funchal in Madeira, Portugal and Mirror UK has gotten exclusive pictures of the hotel. Ronaldo is currently on holiday in Ibiza, recovering from a busy season on board a private yacht but will return to his native Funchal for the grand opening of his ...

Do you know how to do a proper verification of that piece of property you are about to buy? Do you know who to turn to or where to go exactly? In Real Estate, information is key, else you may be running into the wrong hands. This episode aims to give you insight into how to do a proper land ...