Real Estate

Investors piled into Pakistan’s first real-estate investment trust, which was launched last week with a public offer that was heavily over-subscribed, the REIT’s lead manager and analysts said on Thursday. The Dolmen City REIT offered investors a 25% stake in a 22.24 billion rupee ($218.5 million) shopping mall and an office complex at Dolmen City, one of the most prominent real ...

Who really should be responsible for the refurbishment of a previously occupied apartment? Welcome to another episode of shelter matters on your number 1 hub for real estate matters in Nigeria. The matter arising today might be perceived in a very concerned and harsh tone as I am experiencing today’s topic first hand and not close to being imagined. Shelter ...

Dangote Cement Plc., owned by Africa’s richest man, Aliko Dangote, has commissioned $500 million cement plant in Ethiopia. The inauguration of the cement plant which was held last Thursday, had in attendance, several Nigerian business leaders and government officials from Ethiopia led by the Ethiopia Prime Minister, Haile Mariam Desalegne. The cement plant has an installed capacity of 2.5 million ...

Estate Surveyors and valuers are not so well perceived in the public’s eye, that’s if they are even known. Albeit, a distinguishing feature of a profession is its acceptance of its responsibility to the public. The clients of Estate Surveyors and Valuers consist of the three arms of government; private investors, the business and financial community, and others who rely ...

Jamaica grabs attention as top option for second home in real estate rankings Jamaica has edged out Italy as the most popular real estate search outside of the United States (US), says President of the Realtors Association of Jamaica (RAJ), Edwin Wint. The development coincides with Jamaica’s addition to the US-based National Association of Realtors (NAR) database last year. Since ...

Miley Cyrus has sold her family’s longtime home in Toluca Lake for $6 million, property records reveal. The singer-songwriter-actress, who bought an equestrian ranch in Hidden Hills earlier this year, put the walled compound where she spent her teenage years on the market in January for $5.995 million. Originally purchased by her parents, country singer Billy Ray Cyrus and Leticia ...

An independent commission has said Scotland’s housing policy needs radical action to help deal with poverty and inequality. The Commission on Housing and Wellbeing was established two years ago by the charity Shelter. Its latest report called on the Scottish government to increase the number of new homes being built to 23,000 a year. The Scottish government said housing “is ...

The National Assembly complex of the Federal Republic of Nigeria, is an eye-catching architectural masterpiece that houses a bicameral legislature established under section 4 of the Nigerian Constitution consisting of a Senate and a 360-member House of Representatives. The body, scissored after the federal Congress of the United States, is designed to guarantee equal representation of the states irrespective of ...

Martins was pleasantly surprised. He had seen Ada excited, upset and exasperated but he had never seen her laugh before. She laughed now, amused at the question but more at the pathetic look on Martins face and Martins enjoyed the sight. The woman should laugh more often. It made her look very pretty. “Martins, go home, I’ll see you tomorrow,” ...

The Lagos state land use charge law was instituted on 22nd June, 2001 to replace the old tenement rate. The land use charge is designed to help the government generate additional revenue needed to develop the state in the light of increasing demand for provision of urban and rural infrastructures and other expenditure while a population that grows at an ...