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Real Estate

Facebook CEO Mark Zuckerberg sued by a Palo Alto real estate developer


Facebook founder Mark Zuckerberg is facing allegations of fraud and misrepresentation from his neighbor in Palo Alto, California. Zuckerberg had reportedly promised his neighbor to buy a portion of his land, for protecting his privacy. In November 2012, part-time real estate developer Mircea Voskerician signed an agreement for developing a property behind Zuuckerberg’s residence. However Zuckerberg promises Voskerician to buy ...

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Boxer Manny Pacquiao buys mansion previously owned by Jennifer Lopez

manny pacquiao

Filipino boxing superstar Manny Pacquiao reportedly bought a mansion in Beverly Hills, California previously owned by actress and singer Jennifer Lopez. In a report on GMA Network’s 24 Oras, the mansion is worth $11 million or around P400 million and has seven bedrooms and its own theater. The eight-division champion is expected to earn at least $80 million from his ...

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Why Greece threatens to seize property, land & businesses belonging to Germany


Greece threatens to seize property, land and businesses belonging to Germany if Angela Merkel does not agree to pay compensation for WWII occupation Greece is threatening to seize property, land and businesses belonging to Germany if Berlin does not agree to compensate it for the Nazi occupation of the Second World War. Prime minister Alexis Tsipras has demanded Germany pay ...

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This incredible mansion is selling for $125


This mansion pictured above is gorgeous and there’s nothing wrong with it. Guess you wondering why this incredible mansion is selling for $125? Read on The owner of a bed & breakfast in Maine is handing off her property to whoever who writes the best 200-word essay and submits a check for $125. Janice Sage first came into possession of ...

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Only Mortgages can reduce housing deficit – FASHOLA

Construction chiefs canvass dialogue on housing

The Governor of Lagos state, Babatunde Raji Fashola, on Thursday said home ownership through mortgage was the only way to address the problem of housing deficit in the country. The governor spoke at the inauguration of Chois Estate, a housing estate in Lekki area of the state. NAN reports that the 420-unit estate of bungalows and duplexes was delivered by ...

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Aliko Dangote is the richest Nigerian in Real estate

Dangote acquires $12b foreign gas firm

In Nigeria, the richest person in real estate is Aliko Dangote, whose net worth is $US 15.9 billion. Although there are no billionaires in Nigeria who have made their fortune solely on real estate, a large part of Aliko Dangote’s wealth comes from his warehouses, luxury flats and commercial buildings in Lagos, Cross River, Kano, Rivers and Abuja. In addition ...

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AFFORDABLE HOUSING: Is it the basic right of every Lagosian? (Part 2)

affordable housing

Yesterday, we delivered a piece on affordable housing in Lagos. We also addressed the incidence of the spiral process of slums among the poor who can’t afford the regular houses. Which brings us to this question; is affordable housing the basic right of every Lagosian? Here is the concluding part… When reference is made to the homeless, you may not ...

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AFFORDABLE HOUSING: Is it the basic right of every Lagosian? (Part 1)

affordable housing

Lasgidi, city of hustlers where everyone seems to be sprinting on an imaginary track yet there are no spectators or even track officials.  In Lagos, it is the survival of the fittest, if you don’t fit in, you will end up in a fix. One of the most back-breaking means of survival is finding affordable housing with good living conditions though ...

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The TIME it takes to SUCCEED in real estate business

It’s been ten years coming for us in the real estate business. Looking back, I won’t say it’s been a jolly good ride, as it is with every real business there are bound to be hiccups, pitfalls, wrong turns, steep roads and of course a time of harvest. We’ve experienced it all and it’s been worth the ride. However, there ...

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FG Commissions 102 Housing Units In Suleja


The federal government has commissioned 102 units of the ministerial pilot housing scheme in Suleja, Niger State. The housing units, fully funded by the Federal Mortgage Bank of Nigeria (FMBN), is the first of such exercise in the six geo- political zones of the country. The minister of lands, housing and urban development, Mrs Akon Eyakenyi, who commissioned the project ...

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