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Real Estate

Realtors Say Buyers From Nigeria See Cape Town As ‘Monte Carlo of Africa’

According to a story from News24 written by Bienne Huisman, Cape Town’s multimillion-rand trophy homes on the Atlantic seaboard are being snapped up by rich Nigerians, Angolans and Zimbabweans. Read more below: “Cape Town’s multimillion-rand trophy homes are being snapped up by rich Nigerians, Angolans and Zimbabweans who fork out top dollar for luxury sea-facing properties in Cape Town, which they consider ...

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Is the ‘NASS’ complex dome really tied to Islam?

There has been many arguments and counter arguments as to the religious implications of the large dome on the National Assembly Complex. One school of thought holds that sentiment was involved while the NASS complex was been erected. Some Nigerians claim the dome has strings of Islam tied around it. But is that really the case? A dome has multiple ...

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US: Foreign investors pose threat to residential real estate

US To Track Secret Buyers of Luxury Real Estate

The negative impact of foreign investments in American residential real estate might have been badly overlooked by some U.S. government officials — and the potential harm it might cause is largely unknown to the average American. Reports from a variety of sources suggest that a housing recovery is taking place, though not at the pace expected. As of last month, ...

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5 Mysteriously Abandoned Mansions

We watch movies of sinister buildings and have felt fear even when we know it’s all fiction. However, some of us are of the notion that some of these movies are true life experiences written in an enhanced form. Coolinterestingstuff.com shared 5 mysterious haunted mansions you never knew existed. See them below: The Charles M.Sublett House on Millionaire Row in ...

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Wrangle trails Anambra’s Nkpor-Amawbia road completion

The completion of the Nkpor-Amawbia old road by the Anambra State Government has resonated a fresh controversy, with the former Governor, Mr. Peter Obi claiming that the road awarded to CCC Construction Company in 2008 by his administration was completed long before Gov. Willie Obiano took over. In statement, the Media Assistant to the former Governor of Anambra State, Mr. Valentine ...

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Nigerian Architects urged to familiarize with eco-friendly designs

As part of their contribution towards stemming the tide of climate change and making Nigeria a safer place to live in, architects have been urged to familiarize themselves with eco-friendly designs, which have been said to impact positively on the earth and her people. Also, the architects, under the aegis of the Nigerian Institute of Architects (NIA), were advised to ...

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Structural failures in Nigeria and its agents

For almost six decades, Nigeria as an independent nation has been striving to develop itself in every field of human endeavour, obstacles notwithstanding. Currently, Nigeria is pursuing the “Vision 20-2020” as one of its strategies to become one of the top leading 20 economies by the year 2020. On the other hand, the built environment, in any country, determines the ...

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Canada: Online real estate innovator Zoocasa set to close its doors

Canadian housing market

Zoocasa, a huge online referral platform and discount brokerage in Canada, is going out of business later this month. Canadian telecommunications giant Rogers Communications Inc. launched the Toronto-based firm in 2008 as a real estate portal, but Zoocasa radically revamped its model in May 2013 when it became a licensed brokerage. The decision to transition the company from portal to brokerage was fueled by a ...

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Investors Flock to Pakistan’s First Real Estate Investment Trust

Investors piled into Pakistan’s first real-estate investment trust, which was launched last week with a public offer that was heavily over-subscribed, the REIT’s lead manager and analysts said on Thursday. The Dolmen City REIT offered investors a 25% stake in a 22.24 billion rupee ($218.5 million) shopping mall and an office complex at Dolmen City, one of the most prominent real ...

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Who refurbishes a previously occupied apartment?

Who really should be responsible for the refurbishment of a previously occupied apartment? Welcome to another episode of shelter matters on your number 1 hub for real estate matters in Nigeria. The matter arising today might be perceived in a very concerned and harsh tone as I am experiencing today’s topic first hand and not close to being imagined. Shelter ...

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