Home » Tag Archives: NREH

Tag Archives: NREH

Court overturns property forfeiture linked to Bala Mohammed

Bala Mohammed

Justice J.S. Tsoho of the Federal High Court Abuja discharged and set aside the interim order of forfeiture on grounds that EFCC had failed to prove that Bala Mohammed was the owner of the property. An Order of Interim Forfeiture of property allegedly belonging to Bauchi States Governor, Bala Mohammed obtained by the Economic and Financial Crimes Commission (EFCC), had ...

Read More »

Six challenges developers face in the built environment

built environment

Nigeria Real Estate Hub correspondent was in an interview with the CEO of Tromville investment, Pastor Adeyemi Adeniyi A.K.A the Bishop of real estate. He shared six challenges he encountered as a developer in the built environment. Read his interview below NREH: We heard about your tremendous contributions as an employee in Property Mart and how you delivered 6 estates ...

Read More »

5 Indian Architectural Designs That Will Wow You


These architectural designs attract thousands of tourist from across the world to take tour of the grandeur Indian craftsmanship. Taking a glance at Indian’s heritage will not only make you go awe-struck but also offer you a golden opportunity to relive the defining moments of India’s royal era. Take a glimpse of the architectural designs that will give you the ...

Read More »

Firm Announces Auction of 150 Properties in Abuja

Senate Gives Area Council 3weeks Deadline To Clean Up Abuja

Real Estate Auction Network has announced auctioning of about 150 properties including commercial and residential houses, and plots of land located in all parts of Abuja. According to the firm, the auctions will be available for bids next month. With suggested opening bid starting of N5million, the properties, including ones on central locations in the Abuja metropolis is expected to ...

Read More »

FG Can’t Continue Funding of Airports – Minister of Aviation

FG Can’t Continue Funding of Airports - Minister of Aviation

The Minister of Aviation, Senator Hadi Sirika, has said the Federal Government can no longer sustain the funding of the 22 airports across the country thus they will be concessioned. The minister said the concession would start with the big four airports – Abuja, Lagos, Kano and Port Harcourt as government revenue dwindles. The minister stated this yesterday shortly after ...

Read More »

Vancouver Wealthy Overseas Buyers to Face New Real Estate Tax

Vancouver Wealthy overseas buyers to face new real estate tax

Vancouver, British Columbia, residents will soon get a larger cut from the real estate shopping spree that’s taking place in their city, courtesy of wealthy overseas buyers that are snatching up property there. The British Columbian government on Monday approved a new 15 percent tax on foreign property buyers in metropolitan Vancouver, as a surge in real estate purchases by ...

Read More »

Online Property Listing is Yet to Become the Magic Pill in Nigeria

Oluwafemi Taiwo is an Internet executive, long-time entrepreneur & strategic advisor. He is the Co-Founder and Managing Director of PrivateProperty.com.ng – Nigeria’s number 1 Real Estate portal.  In this interview with Elsie Godwin of Nigeria Real Estate Hub (NREH), he reveals that selling properties online hasn’t become the magic pill for real estate marketers yet but that there has been tremendous growth ...

Read More »

Stakeholders Seek Pension Fund Investment in Housing

Pension Funds To Be Invested In Real Estate

Stakeholders in the building and construction sector are calling for more investment in housing development from the growing pension fund. The Chairman, Association of Estate Agents in Nigeria, Mr. Chudi Ubosi, said at a Mandatory Continuous Professional Development Programme of the Nigerian Institution of Estate Surveyors and Valuers, Lagos State Branch, that it had become clear that there was a ...

Read More »

Nigeria Ranked 83rd in Global Real Estate Transparency Index

Real estate challenges in 2015

A newly released biannual Global Real Estate Transparency Index (GRETI) 2016 by property consultancy firm Jones Lang LaSalle (JLL), Nigeria ranks 83rd out of 109 markets covered. Nigeria’s real estate transparency score was 3.8 in 2016, a marked improvement in transparency. The scores in the Index range between one and five, with one representing the highest level of transparency and ...

Read More »

Stakeholders Urge Government to Resurrect Home Completion Loan Scheme

Estate Developer's loan

Stakeholders have called on the government to revisit home completion loan scheme. The scheme supports the new paradigm for unlocking housing microfinance and leverages on incremental development that most Nigerians use in acquiring new homes as well as renovate and upgrades existing structures. The scheme is expected to catalyze the demand side of the equation. Stakeholders that attended the 10th ...

Read More »