Real Estate

As Africa’s real estate sector continues to witness a boom in investment driven by a young population and rural to urban migration, Nigeria is witnessing its share of investments with its real estate growing at 8.7 per cent. With a rise in the demand for Luxury real estate, players in this sector believe Nigeria’s real estate future remains robust. Dipo ...

The head of Royal LePage, Canada’s largest real estate firm, said The Bank of Canada should hold off cutting interest rates to avoid sending rising home prices even higher, risking a correction later. “It seems premature to ring the recession alarm bells now, injecting further monetary stimulus,” Phil Soper, chief executive officer of both Royal LePage and its parent company, ...

A real estate agent who held several open homes in a former Headhunters gang house so contaminated with meth that one visitor suffered dizziness and a clogged mouth has escaped misconduct charge. Real estate agent Gary Murphy and the agency he worked for, Property Link Groups Ltd, were each charged with misconduct over the sale of the Auckland house. In ...

The first professional mortgage and real estate academy will begin operations in Nigeria next month with study centers in Abuja and Lagos at the first instance. The Mortgage and Real Estate Academy (MOREACADEMY) is partnership between the Center for Management Development (CMD) and the West Atlantic Corporation Limited. Speaking at press briefing in Lagos last week to kick off the ...

The thought of buying a land and erecting your own building to your own taste is good but isn’t buying an entire house anew without going through all the preambles better? Many people have actually reached a deadlock in an attempt to take a decision on the aforementioned premise. We would be taking a critical look at the merits and ...

In Nigeria and most developing countries, the effects of housing on health has been de-emphasised. Housing and health may not be closely related, however your choice of neighbourhood and habitation plays a huge role in keeping you healthy. The effects of a sub-par housing condition on the health status of many residents could be devastating if not checked. Inadequate or ...

Saudi Arabia housing minister emerges from private sector. Saudi Arabia appointed a housing minister with a background as a real estate developer on Monday, strengthening a trend towards giving top government jobs to people from the private sector as the kingdom grapples with economic and social welfare issues. An official decree said, Majed Al Hogail, former managing director of Rafal ...

The displaced people in Adamawa can now express hope in getting their lives back as the United Nation has come to their rescue. The United Nation’s High Commission for refugees in Africa on Sunday said arrangements had been concluded to construct 500 housing units for the aged, physically challenged, orphans and the very sick persons who were displaced by Boko ...

The efforts to end crime and bring criminal elements in Anambra State to book are still on, as the police have demolished two kidnappers’ builidings in Anambra. This happened in Umueri, Anambra East Local Government Area of the state. The Assistant Commissioner of Police, Mr. Joseph Agugoesi, led the group that demolished the buildings. He narrated the ugly activities of ...

The World Bank, through the New Erosion and Watershed Management Project (NEWMAP), has commenced work on the five gully erosion sites in some Imo State communities. Work has begun in Eziala Obizi (Ezinihitte council), Amanato, Umueshi and Ntueke (Ideato South council), and Iyiuzo Ihioma and Ogbaeru (Orlu council), among others. On its part, Governor Rochas Okorocha has released N100 million ...