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Real Estate

TECHNOLOGY: Eko Atlantic developers unveil mobile app

Messrs South Energyx Nigeria Limited, planners and developers of Eko Atlantic City, an emerging city being built on land reclaimed from the Atlantic Ocean located beside the popular Bar Beach on Ahmadu Bello Way, Victoria Island, Lagos, have devised their first mobile application that can be used on all new generation smart phones and Eko-pixtablets (Android and iOS platforms). The ...

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Association of Estate Agents in Nigeria (AEAN)

Over the years, a lot of people have fallen victim of fraudsters who disguise as real estate agents and end up being swindled, with no hope of getting their money back or the property they paid for. This has given the public a poor perception of estate agents. In a bid to reverse this perception and curtail such fraudulent activities, ...

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Lafarge in pact with Shelter Afrique to deliver low-income housing

Lafarge Africa Plc and Shelter Afrique, a Pan-African housing and development institution, on Monday signed a Memorandum of Understanding to facilitate housing development on a large scale for low income earners in the country. The agreement, whose implementation will commence with the development of identified sites in Abuja, is for an initial period of four years. The terms of the ...

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Upgraded Lagos City Mall attracts high profile tenants

As the upgrading of The City Mall, Onikan, nears completion, high profile companies are already taking tenancy at the Mall. Among the newest tenants are Genesis Cinemas, a leading Nigerian cinema brand, and Playzone, a fast growing family entertainment brand in Nigeria. Both companies recently signed a contract with Ibukun Efuntayo & Company, the property manager of The City Mall, ...

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Workers protest against failed NLC Housing Scheme, demand refund.

Apparently disappointed over inability of the leadership of Nigeria Labour Congress (NLC) to deliver houses to them, the President, Comrade Abdul Waheed Omar, was ambushed by angry workers last week in Abuja. The incident occurred at the political debate organized by the congress ahead of the delegates meeting coming up today, where elections for new executive members would be discussed. ...

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Lagos appeals for flawless implementation of Ikorodu masterplan

To ensure a hitch-free implementation of Ikorodu master plan when it is eventually unveiled, the Lagos State Government last week held a stakeholders’ parley with the land/homeowners and residents living within one of the fastest growing suburb of the state. The rapport, it was learnt, was one of the strategies the state has chosen to wage war against illegal development ...

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Developers drop property prices by 20%

A stable supply of choice homes without the commensurate demand in Nigeria’s high end property market is compelling real estate developers in this segment to drop rates by up to 20 percent. Also, operators in this segment, known for demanding rent in foreign currencies (dollars) now accept naira from prospective customers, this is according to a BusinessDay report. The developers ...

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The Nigerian Institute of Building (NIOB)

The professional body responsible for promoting the science and practice of building technology, maintenance, surveying, production/construction management, maintaining a high standard of competence and professional conduct as well as promoting and encouraging the advancement of technical and general knowledge in the building profession in Nigeria is the Nigerian Institute of Building (NIOB). Drawing its origin from a related society called ...

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UPDC finally selects winners of 30-storey design competition

After a keen competition to get world-class architectural design for its proposed real estate project, the UACN Property Development Company Plc (UPDC) has eventually selected two firms for its ‘One Prime’ project, to be located within the neighbourhood of Ikoyi, Lagos State. The selection of the duo, James Cubitt and Design Group, emerged after the developer recently organised a pitch ...

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The BROUHAHA of OGA MARTINS – Episode 2

Welcome to another episode of the FIRST EVER REAL ESTATE FICTION SERIES. This series will expose you to a lot of things tenants and landlords go through with each other, as well as what real estate agents and practitioners go through trying to make a living and how all these affects you and I. All these will be brought to ...

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