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Tag Archives: real estate

Stop construction, court tells Property Mart

Stop construction, court tells firm

The Guardian reports that Justice T.A.O Oyekan-Abdullahi has ordered Property Mart Real Estate Investment Limited to stop further construction work on its Grenadine Homes project located at Sangotedo, Lagos. Justice Oyekan-Abdullahi gave the restraining order following a motion on notice filed by Complete Leisure Estate Nigeria Ltd alleging that Property Mart Ltd had trespassed on its parcel of land where ...

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Can low-income earners build a home?

2,700 housing units

“With the recession lingering and hitting hard on real estate sector, many prospective homeowners are dumping the idea of homeownership, while others want to build a simple home that is comfortable and affordable, without going into debt. It is a fact that in most Nigerian cities, the dreams of lower construction costs have once again become a nightmare for a ...

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FG’s N1trn real estate fund’ll trigger investment opportunities

FG’s N1trn real estate fund’ll trigger investment opportunities

“The Chairman of Chemical and Allied Products, CAP, Plc, Mr. Larry Ettah, has said that the plan by the Federal Government to roll out N1 trillion real estate fund as part of efforts to develop the infrastructure base of the nation will trigger investment opportunities in the industrial goods sector of the economy.”- VANGUARD Ettah who stated this at the ...

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Stanbic IBTC throws weight behind REIT


“INVESTORS in Real Estate Investment Trust, REIT, have received a boost as Stanbic IBTC Holdings Plc has indicated its preparedness to support individuals and businesses interested in long-term investment in the real estate sector. The bank said that in doing so, the industry will play its catalytic role in driving growth and development of the economy.”- Vanguard The bank made ...

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REDAN, CBN Brainstorm on Real Estate Data Collation

REDAN, CBN brainstorm on real estate data collation

Daily Trust reports that the Real Estate Developers Association of Nigeria (REDAN) Tuesday  conveyed a stakeholders meeting in  Abuja  to proffer solutions to the problem of collating data for the real estate and housing sector in Nigeria. Stakeholders in attendance included  directors from the Central Bank of Nigeria, the Federal Ministry of Power Works and Housing, the Federal Mortgage Bank ...

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Investment Opportunities In Real Estate

Investment opportunities

There are vast investment opportunities in real estate for investors searching for proven investment in Nigeria. This article highlights the investment opportunities in real estate. In the real estate industry, opportunities are always in the increase as population increases, consequently many people seeking to own, rent or occupy properties also go on the increase. You won’t lose-out if you invest ...

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Realty: Minister tasks surveyors on open evaluation for states

Fashola chides estate valuers over property pricing

Leadership reports that the Minister of Power, Works and Housing, Mr Babatunde Fashola has challenged estate surveyors to embark on open evaluation of realty for different States and reduce the hitches associated with the profession for the benefit of Nigerians. Fashola who stated this during the inauguration of the reconstituted Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) urged ...

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