Real Estate

Kidnappers in Rivers State will henceforth lose their properties to the state when convicted under the new anti-kidnapping bill which is set to be passed into law by the House of Assembly. The House of Assembly is set to empower the state governor, Nyesom Wike, to frontally deal with kidnappers in the state. Wike had on Wednesday last week sent ...

New York City’s real estate market is on pace to break a record this year with a projected $75 billion in land and building sales by the end of 2015, new data from brokerage firm Cushman & Wakefield shows. So far this year, sales volume is around $38 billion, the data shows. The record is $62.2 billion in 2007, the ...

Real Estate, as well as Information and Communication Technology (ICT) have been identified by the UN as some of the fastest growing sectors in the Nigerian economy. Patrick Osakwe, Head, Poverty and Trade Department, UN Conference on Trade and Development (UNCTAD), who made this known in an interview yesterday in Lagos, said that real estate, as well as information and communication ...

Talk about living the Omo Baba Olowo lifestyle. Music star Davido recently purchased a luxurious vacation home in Atlanta, Georgia, USA. The recording artiste took to social media to share his new home. The “Dami Duro” pop star who welcomed a daughter recently, also joked that his daughter has the biggest room in the house. In an exclusive interview with ...

A lot of people sell their properties without getting the right returns on investment probably because they leave renovations to the buyer which invariably reduces the value of such property. Once a decision is been made on the sale of a property, returns on investment should be top priority. To renovate or not to renovate? This is indeed the huge ...

AUSTRALIA: Despite tighter foreign investment rules, foreign buyers are snapping up existing Australian property at a faster rate A few months ago, the federal government announced new measures to make it harder for foreigners to get into the local housing market, but according to NAB, it hasn’t halted activity just yet. NAB’s latest Residential Property report reveals total foreign demand ...

GREENVILLE CITY IN NORTH CALIFORNIA: New project offers elderly affordable housing. A new housing project in the medical district of Greenville will offer elderly people an affordable housing option. The Taft Development Group held a groundbreaking for Parkside Commons Tuesday. The project’s $10.6 million price tag is partially being funded by tax credits through the North Carolina Housing Finance Agency, ...

Traders in Anambra  yesterday were forcefully relocated to permanent market site. Some traders at Williams Street in Onitsha, Anambra State, have defied government’s relocation order leading to their forceful ejection by the State Government. The traders were ejected to a permanent and standard market at Ogbunike in Oyi Local Government Area of the state. Some of the traders who were ...

As tiny as Lagos appears in terms of landmass, it has remained the most promising habitation and business hub for many Nigerians of diverse tongues. If owning a house or a land in Lagos does not form the core of the dreams of the average man who resides in Lagos then probably that person is no Lagosian to begin with. ...

In a bid to sanitize Real Estate agents practice in the country, association of property investment and commission agents in Nigeria (APICAN) Iju branch held a one day seminar on Real Estate Management Accounting System. The seminar which was held at Baale Palace Saala Ifako Ijaiye Local Government had in attendance, APICAN national deputy chairman, Mr. Jide Odelola, National secretary, ...