Melbourne, Australia, is the most livable city in the world, at least based on a complex formula devised by the Economist Magazine. Melbourne? What is Nigeria ranked? Melbourne beat out Vienna and perennial winner Vancouver, primarily based on its infrastructure. The city also attracted top marks for health care and education. Eight of the top 10 cities are in ...
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House of Reps mandates its Committee on FCT to investigate Land Swap Policy
With a view to ascertaining alleged infringements in the Land swap policy, House of Representatives yesterday ordered an investigation into implementation of the Policy initiated by former Minister of Federal Capital Territory, FCT, Bala Mohammed. The policy, a land-based financing of infrastructure development, involves the granting of land to competent real estate developers, who will in turn provide infrastructure such ...
Read More »Ogun establishes 300 ‘tertiary control points’ for surveyors
The Ogun State Government has established 300 tertiary control points to boost survey across the State in an effort to upgrade and re-equip the Department of Survey in the State Bureau of Lands and Survey. The Head of Survey Department of the Bureau, Olatunde Onososen, made this known on Wednesday at Oke-Ilewo, Abeokuta. He said Ogun State Government had procured ...
Read More »TPG Raises $2 Billion in Real Estate Fund
Private-equity giant TPG has closed its first high-risk real estate fund, raising more than $2 billion in commitments at a time when big investors’ appetite for real-estate risk is increasing. TPG, a relatively new player in real-estate investment, began fundraising for the dedicated real-estate fund it just closed in the first half of 2014, with a goal of $1.5 billion ...
Read More »Ogun partners Lafarge on housing development
Recognising the rising housing deficit in Nigeria, coupled with serious overstretching impacts on inadequate housing facilities, the Ogun state government is to partner Lafarge Africa Plc, on advanced construction technology to speed up development in the housing sector in the State. The huge housing gap and challenges inherent in the Nigeria’s housing sector, according to official declaration, has prompted government ...
Read More »Town planners charged to uphold ethics
The Nigerian Institute of Town Planners, Lagos Chapter, has reiterated the need for its members and others in the built environment to strictly uphold the ethics of their professions. The relevance of adhering to the code of ethics and its effect on the society was the main topic of discussion at the chapter’s 32nd Annual General Meeting with the theme, ...
Read More »London rises dramatically above New York, Hong Kong, in global prime property league
Global prime property – The scale of London’s property bubble is laid bare in a report that reveals how the capital has dramatically outstripped New York and every other major city in the world on prices and sales over the past five years. In 2009, there were 2,147 sales of luxury houses and apartments in London in the $2m to ...
Read More »Duke University Receives $25 Million Gift to Support New Arts Building
Graham Bowley reports in the New York Times that the philanthropist and business magnate David M. Rubenstein will give $25 million to his alma mater, Duke University, to fund arts programming and a new building on campus. Rubenstein, who has been chairman of the board at Duke since 2013, is a founder of the private equity firm Carlyle Group. Previous ...
Read More »How to Fix Nigeria’s $300bn infrastructure deficit – Chinelo Anohu-Amazu
In Nigeria, pensions and infrastructure development are not often mentioned in the same sentence, but this week as Africa’s finance and pension industry leaders gather in Nigeria for the second edition of the World Pension Summit: Africa Special, the focus will be on how the nation’s growing pool of pension funds can be mobilised to drive sustainable development. Compared with ...
Read More »Europe’s Most Amazing Fountains
Fountains have been and continue to remain an important element in the design of gardens and public spaces since ancient times. They are come in handy when you are looking to give your edifice an aesthetic feel. Here are a few of Europe’s Most Amazing Fountains. Swarovski Fountain, Austria A gentle green giant with crystals for eyes and a fountain ...
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