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Real Estate

US Homeownership rate at its lowest point in 20 years

Us Homeowndership rates

Whilst we may be complaining against the Nigerian government and economy in respect to the huge housing deficit we currently have in the nation, it should be of interest to you that the grass is not greener on the other side of the world. Even Americans have their fair share of housing Problems. According to the The Guardian, many people ...

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Mariah Carey & Nick Cannon sell their Bell Air home

mariah carey

Divorcing duo Mariah Carey and Nick Cannon closed on the sale of their Bel Air home Friday for $9 million. The estate had been listed for $12.995 million. The 13,000-square foot home, at 3130 Antelo Road in Los Angeles, contains six bedrooms and six full- and three half-baths, as well as a movie theater, gym, and basketball court. It features ...

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Mobile app driving real estate marketing

mobile app

As faster, smarter and affordable mobile phones continue to saturate the Nigerian market, real estate developers and professionals are gradually shifting attention to mobile technology for marketing in order to reach a wider population for their products (houses). From iPhone to iPad, Blackberry and other smart phones, real estate developers and agents have been caught in the web of mobile ...

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More women buy real estate in Taiwan than Men: Broker data

More women than men bought real estate in 2014, a situation a researcher at HB Housing, one of the largest real estate brokers in Taiwan, attributed to an increase in women’s financial independence. The ratio of male to female buyers in the real estate market stood at 49:51 last year, according to Jessica Hsu, head of HB Housing’s research department, ...

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Nigerian, Chinese investors to boost real estate sector in the south west part of the country

In a move to boost the nation’s real estate industry, Nigerian investors are exploring opportunities with a Chinese firm to promote housing developments in the South West part of the country, especially Ondo, Osun and Ogun States. Senior officials of the Chinese firm, Messrs Sinafri-Hongye visited Nigeria last week to hold discussions with the private investors led by Niger-Sino and ...

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Real Estate business in Nigeria is Challenging – Ubuwere

The Chief Executive Officer, Triumphant Gate Properties, Mr. Peter Ubuwere, has described the real estate business in the country as challenging. Ubuwere spoke during the allocation of 30 plots of land to one of its major subscribers to its Alexander Acres in Lekki in Lagos, C&I Co-operative Society. He said Real estate business in Nigeria is challenging but it is ...

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T.B. Joshua loses bid to stop coroner’s inquest: Judge backs coroner

Synagogue Collapse: Court adjourns ruling on a suit by an engineer to Nov. 9

Justice Lateefa Okunnu of the Lagos State High Court Ikeja, on Friday, described as lacking in merit, an application filed by the Synagogue Church of All Nations and its founder, Prophet Temitope Joshua, asking the court to halt the ongoing coroner’s inquest into its collapsed guesthouse. Justice Okunnu dismissed the application for also being premature. The inquest was set up ...

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Is he Nigeria’s biggest landlord?

As a kid growing up in the suburbs of Festac, I heard a story of a man that was said to be the biggest landlord in Nigeria. “What was that his pompous name, again?”… Yeah, Alhaji Ismaila Erukujeje; that was what he was known by. My Dad once told me that he deserted his mansion to another of his numerous ...

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Top 20 real estate tycoons

top 20 real estate tycoons

According to Forbes 2015 billionaires list, of the 20 richest property moguls in the world, more than half (12) hail from Asian-Pacific nations. Seven are from Singapore, three from China, and one each from Singapore and Taiwan. Four of the wealthiest 20 property billionaires are American, three are from the U.K., and one is from the United Arab Emirates. Hopefully in ...

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How oil prices could affect Nigerian Real Estate.

real estate

In an article originally posted on huffingtonpost.com, Kian Mioni, co-founder at Lamudi – an online real estate marketplace with operations in 32 countries, has expressed his fear in the real estate business in Nigeria considering the changes in oil prices. He stated that Changes in oil prices and the devaluation of the Naira have had a significant impact on the ...

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