Real Estate

“In life, two things are guaranteed to come your way: opportunities and challenges. How you choose to deal with these two things is what determines your outcome in life”, his MD had said this morning when he was exhorting them for the day after the morning prayers. The quote kept ringing in Martins’ head, as he mentally took note of ...

The activities of unskilled craftsmen in the building industry have really smeared the image of the building profession in the recent past. The incessant cases of collapse of buildings in some parts of the country have resulted in the loss of lives, property and left many people injured. Quite a number of factors are responsible for collapse of high-rise, reinforced ...

Global rating agency Fitch today said the likely upturn in the country’s investment climate and reduction in interest rates will improve the property market by the end of March 2016 and provide relief to the debt-ridden developers. The agency said the property development sector (will) be a key beneficiary of reductions in housing loan interest rates by several domestic banks ...

Michael Spence a Nobel laureate and the William R. Berkley professor in Economic and Business at New York University, told a conference in New York on the 17th of April that he expects China’s GDP to average 6 to 7 percent annually. China’s real estate market is so big that it can affect the global economy, and the country’s regional ...

During the maiden meeting of its newly elected national exco in Abuja on Friday, The Real Estate Developers Association of Nigeria (REDAN) expressed its readiness to work with the president- elect, General Muhammadu Buhari in addressing the problems facing the housing sector. In the meeting attended by REDAN exco, REDAN President Rev. Chime Ugochukwu said that the association will help ...

There are indications that plans are being made by the government to create new towns across the state. The Babatunde Fashola administration is determined to lay a solid foundation for the projects, which may be completed by the next executive if the indications on the development schemes are anything to go by The need for the projects, are overwhelming, some ...

AHEAD of the May 29 handover of government to the newly elected Federal executive, Abuja natives are divided on the future of the land swap policy introduced by the Goodluck Jonathan administration through the minister of the Federal Capital Territory (FCT), Senator Bala Mohammed. The Original Inhabitants Development Association (OIDA) wants the policy to be scrapped due to its alleged use as a conduit ...

On today’s episode of Agent Diary, an agent by the name Mr. Aliyu Kehinde shares with Nigeria Real Estate hub’s correspondent what being an agent is and has been to him. He shares the challenges he and his professional colleagues face and gives advice on how to be careful while surfing for properties online   NREH – Good afternoon, kindly ...

Real estate trend is a generic term used to describe any consistent pattern or change in the general direction of the real estate industry, which must be based on fact and, over the course of time, causing a statistically noticeable pattern of change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations or ...

Two developments in the 19th century paved the way for a whole new type of building: the skyscraper. The first was the development of a safe elevator. Primitive elevators of various designs had been used for centuries, and starting in the mid 19th century, steam-operated elevators were used to move materials in factories, mines, and warehouses. But these elevators were ...