Tag Archives: real estate

“Skyscrapers in Hong Kong are the most expensive commercial real estate in the world, according to new analysis using rental values and yields.”- The Guardian Pricing for skyscrapers in Hong Kong has reached $8,000 per square foot, over 60per cent higher than tall buildings in Tokyo at $4,900 per square foot, according to the inaugural active capital report from international ...

Our correspondent, Esther Adeniyi, interviewed Town Planner and Barrister Makinde Ogunleye. He gave us insights into the importance of town planning and physical planning in real estate. Read excerpts of the interview below: NREH: can you kindly introduce yourself sir? Barr Ogunleye : I am Town planner and Barrister Makinde Ogunleye. I retired from Lagos state government as a director. Presently, ...

“The continued shortage of affordable housing in the country remains a sore point for experts and other stakeholders in the built environment.”- The Nation The experts, like the Managing Director, M.I. Okoro and Associates, Mr. Meckson Okoro, have not ceased to wonder why, in a nation of over 180 million people, not up to 20 per cent of them can ...

“At a time when half of the world’s six billion people are living in cities and facing unprecedented growth of urban population, mainly in the developing countries like Nigeria, land economists last week proposed that the federal government create enabling environment for private sector delivery of housing as against direct construction by ministries, departments and agencies.”- The Guardian Top executives of ...

“The federal government on Monday released the full list of the 27 key industries and products included in the revised list of ‘pioneer status’ incentives for prospective investors. At the end of the meeting of the Executive Council of the Federation, FEC, last week, the Minister of Industry, Trade and Investment, Okechukwu Enelamah, disclosed the approval given to the 27 industries. Mr. ...

“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 ...

“Despite technological advancements, national and global economies are yet to fully realise the impact of multi-disciplinary and cross-professional approaches in tackling socio-economic challenges.” The Guardian But collaborations among various professional groups have emerged trends in global economies, a situation that has helped in mobilising surplus requirements from a unit, with a view to applying them to critical and productive sectors ...

“For reasons bordering on improved infrastructure and the crimpling impact of economic downturn which has compelled some individuals, families and corporate institutions to downgrade and change locations, Landed property prices in Lekki is the fastest rising among the prime island locations in Lagos.”- Business Day But land prices in Banana Island which is the most expensive neighbourhood in Lagos and ...

Abandonment in real estate can be referred to as the act of surrendering a claim to, or interest in, a particular asset. In some other circles, it is believed to be the permitted withdrawal from a forward contract that is made for the purchase of deliverable securities, and also the act of allowing an option to expire unexercised. Legal Dictionary ...

According to The Guardian, rescuers were frantically searching for up to 40 people feared trapped in a four-storey Mumbai building collapse. The city’s chief fire officer, Prabhat Rahangdale, said nine people had been rescued but dozens more were believed missing under rubble after the structure gave way mid-morning in the northern suburb of Ghatkopar. “Entire ground and four floored residential ...