Real Estate

Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, on behalf of the Federal government at the opening ceremony of a 3-day Nigerian Pension Industry Strategy Implementation Road-map Retreat, said that the government has pledged not to revoke any inherited contracts. He added that the usual habit of reversing projects of previous government was wrong and not in the best interest of ...

Rescuers in Taiwan raced on Sunday to save more than 120 people still trapped under the rubble of a building after it collapsed during a powerful earthquake. Emergency workers worked around the clock to comb the ruins of the 17-storey building in southern Tainan city following a 6.4 magnitude earthquake in the early hours of Saturday. As rescue operations continued, ...

Last year, a product was launched giving hope to the emergence of modern dry construction in Nigeria. Therefore, it was a welcome development when one of our correspondents spoke to a consultant with vast experience in the dry construction method of building this past week. This article captures salient points that formed the basis of the discussion. Dry construction as ...

The biggest review into the housing market in more than a decade is being launched, as home ownership languishes at the lowest rate for nearly three decades, the Telegraph reports. The Redfern Review is being led by Pete Redfern, chief executive of house builder Taylor Wimpey, and is being backed by John Healey MP, the shadow housing minister. The review ...

Google has officially announced that it will be bringing gigabit internet to public housing properties in all cities that offer Google Fiber — for free. The company is started Wednesday with a property called West Bluff in Kansas City, its first-ever Fiber market. “We’ve wired all 100 homes with Fiber, and families can sign up today to access the Internet ...

Ikeja is one of Nigeria’s 774 Local Government Areas (LGAs) lying on the geographical coordinates of 6° 35′ 48″ N, 3° 20′ 35″ E. This article reveals some facts about this long-standing capital of Lagos state you probably never knew. Historically, Ikeja consists of 78 communities and the earliest settlers in Ikeja and its environs were Aworis who migrated from Ota-an Awori town in ...

Jacob Zuma, has proposed to partly pay for controversial state-funded improvements to his rural home. Mr. Zuma’s office said in a statement on Wednesday in Johannesburg that it was left for the auditor-general and finance minister to determine how much money he was liable to pay. Public Protector, Thuli Madonsela, said in a 2014 report that Mr. Zuma had “benefited ...

Though the Goodluck Jonathan Administration was characterized by a massive case of widespread corruption, the rise of mega construction projects was also its hallmark. This article highlights 5 mega construction projects to look out for or possibly monitor closely this year. These projects are expected to re-define our landscape. There are some ongoing mega construction projects in Nigeria which when ...

The influx of substandard building materials into our market is worrisome. It seems to have saturated the market and sometimes comes easy and cheap to builders and owners of building projects. Albeit the first source of concern for every builder should  be Material Quality and Sustainability. It is appalling and thought-provoking how a newly built structure suddenly undergo repairs and ...

A suspended residential real estate agent has pleaded guilty to swindling his clients out of $2 million. A Victorian court heard Anthony Brancatella, 43, got out off his depth trying to ‘keep the bank off his back’. The former director of McDonald Real Estate in 2014 was investigated after complaints from clients claiming they had not been paid or had ...