Tag Archives: real estate

“For three days, Nigeria’s housing sector stakeholders including developers, bankers, manufacturers of building materials, government officials, built environment professionals, etc gathered in Abuja for the annual Abuja Housing Show discussing and searching for solutions to Nigeria’s housing challenge.”- Business Day A country of over 180 million people with rapid urbanization, Nigeria in spite of its abundant natural and human resources ...

“Real Estate Investment Trusts (REITs) and workers cooperative societies were top of considerations as experts gathered in Abuja recently to discuss the way forward for affordable housing delivery in Nigeria.”- Business Day Though the REITs market is still evolving in this country, it is considered a good opportunity for financial intermediation in the housing sector and, according to the experts ...

Land ownership in Nigeria can be quite a rigid process due to the very complex land tenure system in Nigeria. As a result, there have been calls from various quarters for a review of Nigeria’s land and property law and invariably a complete overhaul of the country’s land reform system. This article turns searchlight on the history of land ownership ...

“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 ...

The Guardian reports that a global investment private equity firm, Quant Capital will be hosting Real Estate Investment Trust (REIT) seminar across Nigeria in August and September 2017. The seminar, which holds in Lagos, Abuja, Port Harcourt and Kaduna would deepen the REITs market in Nigeria and provide professionals with an understanding of the real estate industry’s unique drivers and ...

“The daunting task of surmounting homelessness in Nigeria can be achieved as early as the next decade Mr. Ben Uche Odunzeh, Chairman of EUC Homes Limited has posited.”- Vanguard Ben Odunzeh Odunzeh’s EUC Homes Limited, a real estate company located in Lagos and recipient of the City people magazine award of ‘Most Promising Real Estate Company of the Year Award ...

Shonekan, in a chat with The Nation, said with an efficient mortgage system, more Nigerians would be able to own homes. He, however, noted that many are not aware of the processes to getting a mortgage. “Nigerians waiting on the government for social housing may wait for a long time. This is because the economic reality does not leave room for ...

The virtual office business idea came from a combination of technological innovation and the information age. The concept has roots in life before (and even during) the Industrial revolution where parallels to current work styles, specifically working from home, have been drawn.  The virtual office concept is an evolution of the executive suite industry. However, the inflexibility of an executive ...

“Report back from the 3rd edition of the JLL Masterclass series in collaboration with the Harvard Business School Nigeria Alumni Association Real Estate circle: Industry leaders from various sectors were invited to discuss the topic “Leveraging your Real Estate portfolio to achieve sustainable business growth”.  Business longevity strategies were on the table as well as the role and evolution of ...

A real estate investment company, A.J Missri and Company Limited has accused the Lagos State Urban Renewal Agency (LASURA) of unlawful occupation of its landed property at 23, Breadfruit Street, Lagos Island, The Guardian reports. The property occupying about 322 Square metres was been built over 30 years ago, has 25 shopping facility occupied by traders, who were tenants of ...