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Real Estate Articles

The Nigerian Institute of Building (NIOB)

The professional body responsible for promoting the science and practice of building technology, maintenance, surveying, production/construction management, maintaining a high standard of competence and professional conduct as well as promoting and encouraging the advancement of technical and general knowledge in the building profession in Nigeria is the Nigerian Institute of Building (NIOB). Drawing its origin from a related society called ...

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Nigerian Institution of Estate Surveyors and Valuers (NIESV)

One of the leading professional bodies in the Nigerian real estate industry is the Nigerian Institution of Estate Surveyors and Valuers (NIESV), a non-profit, voluntary, professional body established by a couple of surveyors who had their professional training in the UK and obtained the Royal Institute of Chartered Surveyors certification. The institution, which was created in 1969, was set up ...

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Real Estate Developers Association of Nigeria (REDAN)

REDAN

As a way to effectively handle the current huge housing deficit in the country, the government is collaborating with the private sector through reputable agencies and associations. One of such is the Real Estate Developer’s Association of Nigeria (NIGERIA), an agency tasked principally with the responsibility of facilitating the delivery of affordable mass housing in the country. The association has ...

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The RENT-TO-OWN approach to buying property

I call this approcah the Rent-to-Own or Lease option. The beauty about rent-to-own is that it takes care of the challenge of the tenant. The dilemma about tenancy is that you can be a tenant in a house for thirty years, paying your rent as at when due. If by the thirty-first year you lose your job and cannot pay, ...

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The ‘SUPPLIER’s CREDIT’ approach to buying properties

This is the continuation of the ‘Approaches to buying properties’ series we started towards the end of last year. You can read the earlier articles where we discussed the first approach here and here. The second method is what you can call a supplier’s credit. Supplier’s credit like we know it is your supplier giving you goods to sell before ...

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Buying Property: Private Lender Approach II

Private lender approach

Last time, I shared the private lender’s approach and gave an example. In order to broaden more on this approach i will use this medium to share another example. It is my hope that a lot of us will learn how to use this approach to our advantage. In this second example, I used private lender with another method. This ...

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Impact of Nigeria’s Rebasing on the Real Estate Sector

After Nigeria’s Gross Domestic Product (GDP) was recently rebased by measuring GDP estimates with a current base year price structure, Nigeria took over from South Africa as the largest economy in the African continent. This can be attributed to significant contribution by various sectors such as the real estate industry, which is estimated to be 8.01 percent and pegged at ...

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You are invited to our FREE NOVEMBER REAL ESTATE SEMINAR

Nigeria Real Estate Hub invites you to attend DEBO ADEJANA MONTHLY REAL ESTATE SEMINAR The Seminar is a platform where we share knowledge, information and interact with Real estate practitioners, investors and enthusiasts about latest trends and practices in the industry. We also point the way to success in the industry. It is our hope that you will be on ...

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Dealing With The Challenges Of A Real Estate Developer

Today, I want to talk about the challenges of a real estate developer. Recently, I had the honour of being with Otunba Olajide Awosedo, the chairman of Grant Properties Limited, a foremost real estate developer particularly in Lagos State and the ice – breaker in the Lekki peninsular axis. Some of you would know a thing or two about Goshen ...

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The ‘Magic’ In Real Estate

Raise the topic of real estate at any gathering today and the question whether housing values are well founded routinely arises. Generally, most people feel very positive about the housing market outlook, as reflected in the results of a recently reported survey that gauges the mood of people from coast to coast. It found that respondents’ views as to the ...

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