Real Estate

The minister of finance, Dr. Ngozi Okonjo-Iweala and her Land and Housing counterpart, Mrs. Akon Eyakenyi, have differed sharply on the delay in the payments for completed projects in the Land and Housing sector in the last three years. The Association of Lands and Housing contractors, led by Alhaji Lawal Adewale, had taken its protest of non-payment to the Federal ...

It’s the first real estate tax hike in nearly 2 decades. Homeowners in James City County (JCC) will be paying more in real estate tax starting July 1. At Tuesday night’s council meeting, the board voted 4-1 to increase the real estate tax rate by seven cents. This puts it at 84 cents per $100 assessed value. That is a nine ...

The commercial and residential real estate markets are coming off their peaks, but expect a soft landing. “We are clearly off our peak,” said David Dube, president and CEO of Concorde Group of Companies. “But that is healthy. Markets do not go up forever. This is a temporary adjustment.” Dube, who chaired the third annual Saskatchewan Real Estate Forum held ...

Deji was laughing at the so called plan Martins had while Martins stood, arms akimbo, a quizzical frown on his face. “What’s funny about what I said?” Deji tried to respond but only laughed out harder, annoying Martins who hissed and turned his gaze away from him in exasperation to the different happenings on the street. It was a busy ...

Demand in the real estate market weakened in the first quarter of the year, however, property prices remain stable. Munachi Okoye, founder and CEO of MCO Real Estate joins CNBC Africa for focus on Nigeria’s real estate sector. Watch video below:

According to the Financial Times, state-owned China Railway Construction Corp. (CRCC) has signed two contracts worth nearly $5.5 billion with Nigeria and Zimbabwe. The Nigerian project further cements the company’s leading role in the Nigerian construction industry, and is also a milestone in the “going global” of Chinese railway, said Meng Fengchao, board chairman of CRCC. Citing stock exchange filings ...

A consortium of leading housing charities has warned that the UK is in breach of its own United Nations human rights commitment to provide people with adequate homes because the housing crisis is so serious. They cite soaring housing rental costs, unhealthy conditions in homes, and rising levels of homelessness and warn of “profound issues of lack of supply, increasing ...

About N200.59bn worth of properties have been lost to fire incidences in Lagos in the last five years. The ministry of Home Affairs and Culture gave this figures at the ongoing 2015 Ministerial Press briefing to review activities of the sector in the last one year. Oyinlomo Danmole, who is the Commissioner for Home Affairs and culture, noted that a ...

Headquartered in Lagos, Knight Frank Nigeria – trading as Knight Frank Nigeria Partnership – has grown to be one of the largest firm of estate surveyors and valuers in Nigeria and across Sub-Saharan Africa. Founded in Nigeria in 1965, the partners attributed the firm’s growth down to their high-standards of professionalism, commercial acumen and integrity. Knight Frank Nigeria is part ...

Dr Aliyu Wamakko is the deputy president of the Real Estate Developers Association of Nigeria (REDAN). In an interview with a LeadershipNG correspondent he spoke on several issues bedeviling the housing sector and how they can be tackled He said the current administration has tried its best to see that they address the issue of housing problem in Nigeria through ...