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Real Estate

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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Dangote Commissions Cement Plant in Ethiopia

Dangote cement plc in Ethiopia

Dangote Cement Plc., owned by Africa’s richest man, Aliko Dangote, has commissioned $500 million cement plant in Ethiopia. The inauguration of the cement plant which was held last Thursday, had in attendance, several Nigerian business leaders and government officials from Ethiopia led by the Ethiopia Prime Minister, Haile Mariam Desalegne. The cement plant has an installed capacity of 2.5 million ...

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The Surveying Profession and Public Interest

Estate Surveyors and valuers are not so well perceived in the public’s eye, that’s if they are even known. Albeit, a distinguishing feature of a profession is its acceptance of its responsibility to the public. The clients of Estate Surveyors and Valuers consist of the three arms of government; private investors, the business and financial community, and others who rely ...

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Jamaica grabs attention as top option for second home in real estate rankings

Jamaica grabs attention as top option for second home in real estate rankings Jamaica has edged out Italy as the most popular real estate search outside of the United States (US), says President of the Realtors Association of Jamaica (RAJ), Edwin Wint. The development coincides with Jamaica’s addition to the US-based National Association of Realtors (NAR) database last year. Since ...

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Miley Cyrus sells family’s longtime home in Toluca Lake for $6 million

Miley Cyrus has sold her family’s longtime home in Toluca Lake for $6 million, property records reveal. The singer-songwriter-actress, who bought an equestrian ranch in Hidden Hills earlier this year, put the walled compound where she spent her teenage years on the market in January for $5.995 million. Originally purchased by her parents, country singer Billy Ray Cyrus and Leticia ...

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Commission calls for radical action on Scottish housing crisis

An independent commission has said Scotland’s housing policy needs radical action to help deal with poverty and inequality. The Commission on Housing and Wellbeing was established two years ago by the charity Shelter. Its latest report called on the Scottish government to increase the number of new homes being built to 23,000 a year. The Scottish government said housing “is ...

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The National Assembly Complex

The National Assembly complex of the Federal Republic of Nigeria, is an eye-catching architectural masterpiece that houses a bicameral legislature established under section 4 of the Nigerian Constitution consisting of a Senate and a 360-member House of Representatives. The body, scissored after the federal Congress of the United States, is designed to guarantee equal representation of the states irrespective of ...

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