Mr. Tonye Oliver Braide was on Saturday decorated president of the Nigerian Institute of Architects (NIA). Braide’s investiture came at the close NIA Annual General Assembly and Conference in Abuja. Former NIA presidents led by the immediate past president, Mr. Waheed Niyi Brimmo administered the oath of office on Braide and decorated Braide with the presidential emblem. This resulted in ...
Read More »Real Estate
Osun Inaugurates N750m School Named After Wole Soyinka
The Governor of Osun State, Ogbeni Rauf Aregbesola, on Monday commissioned a N750 million worth Wole Soyinka Government High School in Ejigbo. It was the first of its category in the mega schools series under the education reform programme of the Aregbesola government. The Nobel Laureate described the school as an emphatic rejection of what Boko Haram insurgents preach. Soyinka ...
Read More »Rental growth of commercial property in Nigeria.
According to Wiki, the term commercial property (also called commercial real estate, investment or income property) refers to buildings or land intended to generate a profit, either from capital or rental income. Rental value is a key parameter for measuring real property performance. It is also a major cost for tenants and an important source of income for the landlord. ...
Read More »Impact of open waste dumps on rental value
There are many environmental factors that affect rental value of properties, albeit, in this article we will be taking a look at the effects of open waste dumps on rental values The issue of waste disposal and management were not problems to early humans, due to the fact that there were no population explosion and technological advancement at that time. ...
Read More »“Merging ministries of works/housing with power would not allow for efficiency in the system”
Mr. Shehu Mallam Mikail has said that “ Merging ministries of works/housing with power, which requires enormous work, investments, supervision and regulation to enhance electricity generation would not allow for efficiency in the system. This type of merger would pave the way for conflict and contradiction in administrative procedures.” He said this in a chat with Sunday Vanguard in Lagos, ...
Read More »U.S. Housing Starts Fall To 1.06 Million Units In October
The Commerce Department said Wednesday, that the U.S. housing starts fell 11% in to a seasonally adjusted annual rate of 1.06 million units in October, although the number of building permits rose. Consensus forecasts compiled by most news organizations called for starts to be around 1.15 million to 1.17 million units. The September tally was revised down to 1.19 million ...
Read More »The Housing needs of Nigerian Paraplegics is a call to action
It has been observed that disabled people especially those that are paralyzed from the waist down, also known as paraplegics are often times neglected when the issue of housing comes under focus. This article highlights the housing needs of Nigerian Paraplegics and calls governmental organizations to action. Disability is a common human condition and people with disabilities are often products ...
Read More »Mumbai attracts 40% private equity investment in Indian real estate
Mumbai attracted 40% of the $2.4 billion (around Rs 15,500 crore) private equity (PE) investments in the Indian real estate between January and September 2015. Global real estate consultant Cushman & Wakefield, which released its report on Wednesday, said the total PE investment this year was the highest since 2008. The investments come when the office absorption across top eight ...
Read More »Karrueche Tran Visits Abuja IDP Camp
American model and Chris Brown’s ex, Karrueche Tran had a humbling experience to share when she took time off her schedule to visit Internally Displaced Person (IDP) camp in Abuja. According to Chris Brown’s ex-Girlfriend, she fought back tears at the thought of ‘ever complaining about life.’ Karrueche was invited to Nigeria to host the launch of a new upscale ...
Read More »Top 10 most inhabitable places on earth
This article talks about the “Top 10 most inhabitable places on earth”; places you may likely be looking at from a distance yet you won’t be able to step your feet on it. In our evolving world, one would want to think there is hardly any zone on earth that humans wouldn’t explore and possibly settle as long as there ...
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