Members of the Nigerian Institution of Estate Surveyors and Valuers, NIESV, have advocated strategic innovations as a way of remaining relevant in business and to boost the sub-sector of the economy. The development is coming up as against the backdrop of the unhealthy competition from foreign counterparts in the country’s estate agency practice. This is the outcome of a one-day ...
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Real estate sector has not recovered from recession – Expert
The Managing Director of Alpha Mead Facilities and Management Services Limited, Femi Akintunde, has stated that despite an improvement in macroeconomic fundamentals in the country, that activities in the real estate sector is not responding accordingly. Akintunde, who stated this during the AMF annual Facility Management Roundtable, hinted that he was optimistic that as facilities managers, they can stimulate the ...
Read More »Stakeholders set to review aluminium standards to boost local production
One of the stakeholders in the aluminium industry has applauded plans by the Standards Organisation of Nigeria (SON) to review the standards for aluminium grade downwards. A key stakeholder in the industry, Seun Olamide told journalists that the planned move by SON to review the standards would go a long way to drive local production and increase employment generation for ...
Read More »Nigeria Real Estate Market predicted to recover in 2018
Nigeria is set to host the globally recognised real estate-focused West African Property Investment Summit (WAPI) this week in Lagos, and experts are insisting that Nigeria real estate market could finally turn the corner in 2018, after experiencing a downturn occasioned by the country’s economic recession. According to a statement which organisers of the WAPI sent to THISDAY Sunday in ...
Read More »Understanding The Commercial Property Market In Nigeria
According to Wiki, the term commercial property (also called commercial real estate, investment or income property) refers to buildings or land intended to generate a profit, either from capital or rental income. Rental value is a key parameter for measuring real property performance. It is also a major cost for tenants and an important source of income for the landlord. ...
Read More »7 Natural Qualities a Good Real Estate Agent Should Possess
Good real estate agents can be difficult to find if you don’t know the qualities to look for. This article explains 7 natural qualities a good real estate agent should possess. Owing to the fact that there are many real estate agents around, it is consequential that you go the extra mile to stand out from the crowd of real ...
Read More »Affordable housing: NMRC and AMDC sign MoU on improved access
“AGAINST the backdrop of deepening Nigeria’s mortgage market in order to improve access to quality and affordable homes in the country, Nigeria Mortgage Refinance Company NMRC, and Alpha Mead Development Company AMDC, a strategic business unit of a leading total real estate solutions company of Alpha Mead Group, have signed a Memorandum of Understanding MoU.”- Vanguard Model of Country Home ...
Read More »Fine & Country takes Nigeria real estate to the world
“For Nigerian local developers and potential investors living outside the shores of the country, opportunity is beckoning as Nigeria’s frontline real estate marketing and advisory firms, Fine & Country (WA), is perfecting plans to take Nigerian real estate market to the world through its Refined Investors Series (RIS).”- Business Day The series is a real estate thought leadership initiative hosted ...
Read More »Expert tasks estate surveyors on homelessness
“Poverty, low access to mortgage finance got special mention when an expert gave a long list of factors that have made home ownership in Nigeria almost impossible. Other factors of homelessness include title holding, high cost of land, especially in urban centres, building materials which are largely imported, etc.”- Business Day Poverty is a native in Nigeria. It is estimated ...
Read More »How To Make Huge Profits From Selling Undervalued Homes
Figuratively, smart real estate investors have in the past turned anthills or even dunghills to massive real estate investments that ensures the unborn generation will never go hungry. This article explains how you can make huge profits from selling undervalued homes. The best possible scenario for a real estate investor is to find undervalued homes to be able to then ...
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