According to a prominent real estate firm, Atlanta experiences a sizable boon in tenant demand for commercial real estate, which corresponded with the ascension of renting throughout the country. DTZ said the demand for real estate space rebounding in more than 70 percent of the country during the second quarter of 2015. The city of Atlanta was named in the top ...
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Qatar: Barwa Real Estate unveils five-year business plan
Barwa Real Estate, one of Qatar’s largest listed real estate companies, announced a five-year business plan on Monday which targets a return on equity of no less than 15 per cent to the end of 2020. Under the 2016-2020 plan, Barwa is looking at QR15 billion ($4.1 billion) of capital expenditure for the next five years, according to a bourse ...
Read More »Relocation as a last resort in the event of a disaster
Relocation is defined as a process whereby a community’s housing, assets, and public infrastructure are rebuilt in another location. Relocation is sometimes perceived to be the best option after a disaster for one or more of the following reasons: (1) People have already been displaced by the disaster (2) Their current location is judged to be uninhabitable, or (3) Relocation ...
Read More »Forex: “Expect to see 20% increase in the cost of building”
The real estate sector is directly impacted by the new forex rules that ban the sale of dollar to importers of 41 items. The naira has weakened to 230 to the dollar in the parallel market, reflecting the impact of the rules. It affects real estate because iron rods, steel nails and roofing sheets are no longer valid for foreign exchange. ...
Read More »Kamloops, Canada: Province team up for affordable housing
Four years after they were first tapped for affordable housing, three City of Kamloops properties are today closer to hosting low-income residents. The city and provincial government announced on Tuesday they have reached an agreement to put up to 98 units of affordable housing at 1685 and 1940 Pacific Way in Aberdeen and 1050 McMurdo Drive in South Kamloops. The ...
Read More »Pros and cons of real estate investing
Buying an investment property can be an overwhelming yet a dicey decision especially in this part of the world. Any type of property, whether it’s commercial or residential, can be a good investment opportunity. For your money, commercial properties typically offer more financial reward than residential properties, such as rental apartments or single-family homes, but there also can be more ...
Read More »US Court rules that religious 10 Commandments Monument be pulled down
Controversy arising in the United States on the Ten commandment monument which Oklahoma court has asked to be pulled down. Oklahoma’s highest court overturns a previous decision by a district court judge who determined the monument could stay. The court has said the monument, which was privately funded by a Republican legislator, is “obviously religious in nature and are an ...
Read More »The right kinds of homes for kids in a sane world
“The right kinds of homes” is relative to that part of the world you find yourself. If you are in a developed society, then it may probably be easy to get. However its a different tale for my counterparts in developing countries while under-developed countries are worse of. White kids have luxuries but do you think black kids don’t love ...
Read More »LUXURY HOMES: Is it a necessity?
The opulence, architectural significance, size, environment and probably the location of a particular property determines the type of property it is. One man’s simple home is another man’s castle it all depends on how consequential that building is to the owner and how he/she perceives the property. A home targeted to high net worth individuals is a home for few, ...
Read More »Kate Henshaw loses property worth millions of naira to house fire
Popular Nollywood actress, Kate Henshaw suffered a huge loss as a result of the fire that engulfed her apartment last week. She has relocated temporarily. It was reported that a part of the house located on Oyibo Adjarho Street in Lekki Phase 1, was damaged by the fire believed to have started in the actress’s living room following the restoration ...
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