In the property market where it has become increasingly difficult to obtain long-term financing, property developers are turning to alternative funding to shore up their portfolios. One of the new concepts being adopted is known as unitisation, which offers discerning investors easier entry into commercial real estate investment. The model also gives investors gateway to diversify their property portfolio because ...
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Investors, developers, opt for crowdfunding to finance real estate
Amid paucity of funds and advances in technology sweeping across most industries on a global scale, operators in the Nigerian real estate sector are adopting the concept of crowdfunding, as an inevitable source of funding project. The industry described by experts as capital intensive has overtime been badly impacted by inaccessibility to land, stifling mortgage systems, difficult land titling procedures, ...
Read More »Real Estate Bargain Shopping: How to find good deals
Real estate investors, along with the rest of society, are what you may consider conscious consumers. Every time a truly good deal presents itself, investors would be hard pressed to pass it up. After all, a real estate bargain presents the perfect opportunity to maximize profits. The cheaper you can acquire a property, the more attractive the ROI (return ...
Read More »Industry experts suggest new ways to attract finance into real estate
Industry expert– One major thing the Federal Government needs to tackle urgently is developing the real estate sector, which has not shown any sign of recovery from recession going by the number of abandoned projects dotting the landscape. As investors are beginning to show confidence in the Nigerian economy due to the government’s intervention in forex, rebound in the capital ...
Read More »Developers and foreign investors resolve to boost Nigeria’s construction industry
Lagos – If the latest rapprochement between Nigerian developers, Homework Development and Property Limited and some foreign investors is anything to go by, the nation’s construction industry will soon receive a significant boost. The lift int he nation’s construction industry, INDEPENDENT learnt, may either be in enhanced direct foreign investment or through third party. This came to the fore recently ...
Read More »500% increment recorded in the prices of Land in Ibeju-Lekki in the past 5 years
From ₦1 million five years ago, price of a plot of land in Ibeju-Lekki, Lagos has soared to ₦6 million, representing 500 per cent increase, correspondent has learnt. It was also gathered that the land’s price per plot might soar to ₦8 million before the end of the year due to increased demand by investors and home seekers, who are ...
Read More »Group develops road map to attract Nigerians and investors in diaspora
Abuja – A group, the African Union Economic, Social and Cultural Council {AU ECOSOCC} said it has developed a road map to engage and attract Nigerians and investors in the Diaspora for socio-economic development of the country. Addressing newsmen at the weekend in Abuja, Mrs. Chinwe Maduike, an International Consultant / Special Adviser on Investment, Diaspora and Development Partners to AU ECOSOCC ...
Read More »NSIA makes massive plans on infrastructural investment
The Nigeria Sovereign Investment Authority on Wednesday said it was planning to invest massively in the Nigerian Infrastructure Debt Fund being managed by Chapel Hill Denham Nigeria. The NSIA said this in a statement issued in Abuja and signed by its Communications Adviser, Mr. Titilope Olubiyi. It, however, did not disclose the amount to be invested, but added that the ...
Read More »Traditional Ruler Lauds Ambode For Opening Up Epe
A traditional ruler has commended Gov. Akinwunmi Ambode of Lagos State for providing modern infrastructure to the people of Eredo, Ikosi-Ejirin and Epe area of the state. Oba Babatunde Ogunlaja, the Aladeshonyin of Odo-Noforija Kingdom in Eredo Local Council Development Area told the News Agency of Nigeria (NAN) that this would accelerate development in the area. “We appreciate him for ...
Read More »Real Estate, Viable For Economic Diversification – Broll Nigeria
The Chief Executive Officer of real estate investment firm, Broll Nigeria, Mr. Bolaji Edu, says real estate is a viable industry for economic diversification. At the recently held West African Property Investment Summit 2017 in Lagos, where Broll was the platinum sponsor, Edu said Nigeria had heightened investment potential among the comity of nations as the real estate industry was ...
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