“A new African Arguments investigation has found that politically-exposed African nationals hold Canadian real estate worth several millions of dollars. The study, conducted in partnership with the Journal de Montréal and Le Monde Afrique, reveals over a dozen individuals who have invested nearly $26 million in Canadian real estate, often without a mortgage. The source of the funds used to ...
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“The Internet has had a positive impact on Nigerian real estate”, Frank Nkadi
We explored the use and positive significance of the internet and e-marketing in the real estate market in this interview. Mr Franklin Nkadi gave us a lot of insight on how to use online strategies to create leads and in turn make sales. He emphasized on the use of working internet methods and also creating an authority online through blogs ...
Read More »ODD WORLD: China Set to Build Smog-Eating ‘Forest City’
China Is Set to Build This Smog-Eating ‘Forest City’ Filled With Tree-Covered Skyscrapers The eastern Chinese city of Nanjing, like many of the country’s urban areas, suffers from intense smog. The Air Quality Index, which uses a scale from 0 to 500 (with higher numbers indicating worse pollution), rates Nanjing’s air quality as 132 – a level considered unhealthy for the public, especially ...
Read More »The Effect of Environmental Factors on Property Value
Environmental factors are largely responsible for property value. Man’s attitude towards the surrounding environment is not neutral because human beings search for locations that deliver a high quality of life. Those expectations particularly concern man’s daily surroundings, including residential areas or recreational grounds. The focus of this article is to analyse how environmental factors affect the value of properties. The ...
Read More »Expert predicts expansion for real estate market
This Day reports that the real estate sector is expected to record significant turnaround in 2018, the Chief Executive Officer of the Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane has predicted. Vacancy factor for the sector was estimated to remain high through 2017, just as replacement cost for the sector is currently far in excess of market values Rewane ...
Read More »Nigeria’s mortgage lenders buckle under weight of unpaid loans
“Nigeria’s mortgage lenders are buckling under the weight of unpaid loans as job losses and inflation, which are at a near record-high, hinder the ability of customers to settle their debts.”- Business Day “They are just struggling to survive,” Adeniyi Akinlusi, president of the Mortgage Banking Association of Nigeria, said in an interview in Lagos, the commercial capital. “A lot ...
Read More »NIESV seeks corporate governance framework in real estate practice
Practitioners have been called upon to adopt the principles of corporate governance in order to improve the real estate sector. The Guardian reports that corporate governance is a concept by which companies and organisations and those in the helm of affairs are held to account or liable for failure of effective corporate governance structures. According to The Guardian, the Chairman, ...
Read More »Enhancing Your Real Estate Investment For Sale
There comes a time during the course of any real estate investment when it becomes clear that selling off the property is the best course. When that time comes, getting the most out of your piece of real estate is crucial to seeing the big payoff at the end of the real estate investment experience that you have been expecting ...
Read More »The Efficiency of The Land Tenure System In Nigeria
Human needs are insatiable and the want for land is no different. In fact, virtually all human activities require land. The Land tenure system in Nigeria and its effectiveness is the focus of this article. Due to the diverse needs of different human activities with respect to location and quantity of land, there is often an intense competition for land, ...
Read More »Nigeria’s Property Market: Transactions down by 70 per cent
With the storm over the recent economic downturn yet to settle, government’s unfavourable policies have continued to dampen the property market making transactions to be down to 70 per cent. The development, which began over 14 months ago, has largely been blamed on the decline in oil prices, and weak performance of commodities and geo-political conflicts. The Guardian learnt that ...
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