Real Estate

The chief executive officer, Knight Frank, Albert Orizu, has asked the new government to look into suggestions made by professionals on mass housing. The frontline realtor, who said this while speaking with journalists, said that the challenge of providing mass housing could be surmounted if the present administration takes the right steps, also, pointing out that there was the need ...

The Lagos State House of Assembly Adhoc Committee on the recent mudslide in Magodo area of the state says the government needs to do more on the safety of residents. Lanre Ogunyemi (APC-Ojo II), the Chairman of the four-man Adhoc Committee on the incident, made the plea during an inspection of the site on Monday. The News Agency of Nigeria ...

The sale of Ikeja City Mall to South African Real Estate Investment Trust (REIT), Hyprop Investments Limited (Hyprop) and Attacq Limited (Attacq), a JSE-listed real estate capital growth fund has been confirmed. Hyprop acquired a 75% interest in Ikeja City Mall and Attacq has acquired the remaining 25%. Actis, a leading emerging markets investor and local partner Paragon Holdings sourced ...

For a healthy environment and quality standard of living, there is a need to implore strategies to save our built environment from degeneration. The incidence of poor housing quality in Nigeria and the negative effects emanating from it is quite worrisome. Nigeria has a wide range of severely degenerated urban environment resulting from the rapid rate of urbanization. In view ...

Real Estate professionals have called on the newly appointed Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, to engage all professional bodies within the construction industry to chat a common course on housing delivery. The dialogue, according to them is inevitable, as all the professional bodies within the industry needed to make input in order for the minister ...

Blackstone Real Estate Partners, an affiliate of New York-based private equity firm The Blackstone Group, has exited its investment in Bengaluru-based real estate project management consultancy Synergy Property Development Services. “After seven years, there is a closure of fund and, hence, we bought 50 per cent of the 35 per cent stake Blackstone hold,” said Sankey Prasad, chairman and managing ...

As members of the Nigerian Institute of Architects (NIA) gather this week in Abuja for its “BGM 2015”, development of the city will form the focus of technical paper presentations. Specifically, the group’s conference coming between Wednesday 18th and Saturday 21st November, 2015, will the architects opportunities to expose its members on how best to response to city challenges. According ...

In this interview with Nigeria Real Estate Hub(NREH) correspondent, Elsie Godwin, Mr. Aboderin opines that to reduce quacks in the practice of Real Estate Agency, the professionals must begin to act professionally. He also gave pointers to recognizing a professional Estate Agent from the quacks and highlights the potentials in being a registered member of NIESV. Mr. olalekan Aboderin is ...

Against the backdrop of the widening housing deficit in the country the need for governments at the federal and state level to see the issue of housing as an urgent matter of concern and priority cannot be over stressed. Just last week, the immediate past Governor of Lagos state, Babatunde Raji Fashola (SAN) among other appointed Minsters, was assigned the ...

The Nigerian Institute of Quantity Surveyors will hold its 26th Biennial Conference/ General Meeting November 17-21 2015 with the theme: “Politics, Policies and National Development – The Role of Professionals” at the Oriental Hotel, Lekki, Lagos. Over the years, the conference has become a melting point of transformational ideas capable of bringing about positive social and political change and making ...