Real Estate

The Federal Housing Authority has said that it will work with Turkish companies to facilitate the realisation of the Federal Government’s housing development target. According to the FHA, its Managing Director, Prof. Mohammed Al-Amin, was recently at the Turkish Embassy in Abuja as a follow-up to the recent visit to President Muhammadu Buhari by the Turkish President, Mr.  Tayyip Erdogan. ...

On every first House Story shared on Nigeria Real Estate Hub (NREH), the very interesting aspect for us has to be the uniqueness in their stories. Mr. Olamidehinde Ariyo in a chat with Elsie Godwin, NREH Correspondent, has revealed that he will never repeat the mistake of not going through a Property and Estate development Firm. Read his brief but bitter ...

Turkey said keeping in line with a UN Security Council decision, it has frozen the assets of Yemen’s former president, Ali Saleh. The UN Security Council had in November 2014 imposed sanctions on Saleh and rebel leaders, accusing them of destabilising the country. The government said in its official gazette on Thursday in Istanbul that Mr. Saleh’s assets remained frozen ...

The President of The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has said that the beauty of housing projects is Job creation and urged the Federal Government to reform its programme on housing. He stated that there are people that cannot afford to buy houses, but if built for the masses and are affordable, they can try to access ...

Do you know there are important milestones or stages in building construction that you need to take note of? Sometimes, it can be very dangerous to stop your construction  before getting to these milestones as they have the potential to affect your construction negatively. There is definitely more to this topic, and Debo Adejana, MD/CEO of Realty Point Limited is ...

According to the latest capital market research, Global real estate transaction volumes fell in the first quarter of 2016 in line with weaker market sentiment. However pockets of growth were registered in some regions with expectations for 2016 activity to stay broadly in line with 2015, says the report from Jones Lang LaSalle (JLL). Based on JLL’s preliminary data on ...

The Federal Housing Authority has said that Federal Government got N73.2m as revenue in March from its estates in the South-West zone of the country. The FHA, in a document made available to Punchng correspondent, quoted its Acting Zonal Manager, South-West, Ms. Aisha Onotu, as saying that FESTAC Town provided the highest revenue of N58.87m, while Gowon Estate, Ipaja and ...

The Lagos State Government has urged the residents to plant more trees across the state in order to preserve the environment as well as diversify the nation’s economy from the current dependence on crude oil. The Commissioner for the Environment, Mr. Babatunde Adejare, made the call at the 2016 tree-planting awareness seminar organised by the Lagos State Parks and Gardens ...

The Built Industry, under the aegis of Real Estate Developers Association of Nigeria (REDAN), has called on the three tiers of government to provide counterpart funding to help reposition the industry. Public Relations Officer, REDAN, Mr Chima Chukwubuchi, made this call in an interview in his office in Port Harcourt. Tide reports that Chukwubuchi expressed  worry over the challenges developers ...

Enugu state government has set a target of one trillion naira to be realised from the sale of landed property at the newly carved out New Independence layout within Enugu metropolis. The target, which is coming on the heels of the recently concluded Oganiru Enugu Investment Summit, also came with a cheery news of government’s plan to build about 2, ...