Real Estate

Suave businessman, Prince Adeyeye Enitan Ogunwusi might be the next Ooni of Ife, following the demise of Oba Okunade Sijuade. Insiders close to the multimillionaire disclosed to gistmaster. Since the demise of the highly dignified Oba Okunade Sijuwade, Olubuse II, who in his capacity as the Oonirisa of the source brought a lot of fanfare and prestige to the already ...

The Independent Corrupt Practices and Related Offences Tribunal has seized property and cars worth over N400m from corrupt and wealthy civil servants. According to a report by The Punch, the agency has seized 24 property and several cars from three civil servants. With one of civil servants having 18 properties, the commission seized the property from three officials of the ...

The Chinese government is buying hundreds of millions of dollars worth of Australian real estate a year, snapping up prime properties in Sydney’s CBD, North Sydney and inner suburbs. Private investors dominate China’s love affair with Australian property but state-owned enterprises from the People’s Republic bought an estimated $260 million worth of commercial real estate in 2014. The major acquisitions ...

Amazon CEO and self-made billionaire Jeff Bezos has built an e-commerce empire that reigns supreme in the virtual world. With an estimated net worth of $47.8 billion, he ranks as the world’s 15th wealthiest person and his real estate holdings prove just how deep his pockets are. In addition to owning cushy digs in California and New York City as ...

The Women wing of the Nasrul-lahi-l-Fatih Society (NASFAT) has urged the Lagos State Governor Akinwunmi Ambode to provide affordable housing for Lagosians. According to NASFAT, the homes sold by Ambode’s predecessor were out of the reach of the poor. Speaking yesterday during a visit to The Nation as part of its activities for the 16th Women’s Week, NASFAT National Women ...

The Cement Company of Northern Nigeria (CCNN), Sokoto state, has disclosed that it had paid N260 million as compensation to three communities that were relocated from the company’s quarry site, to Sabongida Alu community, to enable it carry out its excavation of limestone. The Managing Director of CCNN, Mr. Alf Karlsen, made the disclosure recently, while handing over facilities built ...

This article is the first of a series on the steps to be taken before you acquire a property in Lagos. From the legal frame work to the land acquisition procedures till you put paid to your real estate investment. The basic legal framework for the acquisition of land in Nigeria is the Land Use Act, Laws of the federation ...

Welcome to another edition of #ShelterMatters. We got a letter last week from a reader and we decided to share with you. Please read and give your candid opinion in the comment section below: My name is Akintunde Adejobi. After my secondary school education, I got the opportunity to travel to the United States of America to further my education ...

The Ebonyi State Governor, Chief Dave Umahi, has directed the Ministry of Land to engage the German Environmental Sanitation Development Company in further discussions on modalities for the establishment of a new city to be known as Salt Lake City and the development of a piece of land belonging to the state government in Abuja. Governor Umahi gave the directive ...

Designed by Sotheby’s International Realty in SA, the Cape Town Home is said to worth R450m. It has been described as South Africa Most expensive single family home. South Africa’s most expensive property was “designed and built for an international mogul who enjoys lavish entertaining on a grand scale The house can comfortably entertain 1000 people or host a formal ...