“A Lagos- based real estate company – Realty Point Limited has again unfolded its flagship mass housing programme, Cedar Homes, which is pioneering eco-friendly and environmentally sustainable gated community. The estate showcases five unique attraction points which include Flexible Design Concepts, Reservation of Units for as low as N10, 000 an Escrow Account where monies paid by customers will be ...
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REALTY POINT LIMITED celebrates 12th anniversary
Realty Point Limited, a top real estate development company in Lagos celebrates Twelve (12) years in business. The company which was established in 2005 is known for its popular trademarked mantra – ‘Sack Your Landlord!’ – which epitomizes the bulk of her business in the supply side of real estate products & services. With Estates across Lagos, Ogun, Nasarawa and ...
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 »Growth in online real estate market threatens agents
According to The Guardian, figures from online real estate market are pointing to an increase in the number of owners and prospective tenants who are opting to sell their homes or rent property online without the use of an agent. The Guardian learnt that the number of renters searching for property online platforms rose to 10 per cent in 2016 – ...
Read More »The THREE investor levels: Where do you fit?
For every serious real estate investor or ‘would be’ investor, it is essential that you acquaint yourself with the three investor levels and be able to know exactly where you fit. In this piece I will be critically analyzing the three investor levels and hopefully answer that question that lingers in your subconscious, “Where do I fit?” Going down memory ...
Read More »How budget delay hinders housing delivery, by stakeholders
According to The Guardian, Stakeholders in the built sector say the delay in passing the 2017 budget which is making uncertain the amount of money to be spent in the industry may impact negatively on housing delivery this year. The country has between 17million and 18 million housing deficit and will need one million houses yearly to fill the gap. ...
Read More »‘Future of estate surveying, valuation practice is bright’
“From tomorrow, estate surveyors will converge on Imo State for their 47th annual conference, to acquaint the government and public with the peculiar roles of the profession in the economic development of the country. The Nigerian Institution of Estate Surveyors and Valuers president, Dr. Bolarinde Patunola-Ajayi, spoke with Property & Environment Editor, Chinedum Uwaegbulam on how it plans to expand ...
Read More »Recession: Real estate stakeholders want sector reenergized
Daily Trust reports that as the federal government released the Economic Recovery and Growth Plan (ERGP) which unveils a road map for the country’s economic recovery growth and sustainable development, real estate experts have called on the government to look in the direction of the real estate sector to further improve the economy. The government said the core vision of ...
Read More »Afriland Properties to distribute 125m shares to shareholders
The Nation reports that the Board of Directors of Afriland Properties Plc has recommended distribution of about 124.9 million ordinary shares of 50 kobo each to shareholders of the company as bonus shares for the immediate past business year. Shareholders in the book of the company as at the close of business on Tuesday, March 7, 2017 will receive one ...
Read More »Estate manager arraigned for foreign exchange fraud
According to The Nation, the Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned a Real Estate manager, Mr. Oluwafunmilayo Samuel Ademosu, over alleged N62 million foreign exchange fraud and issuance of dud cheque. Ademosu was arraigned alongside his company, H. T. Real Estate Limited, before Justice Josephine Oyefeso of a Lagos State High Court sitting in Ikeja. They are ...
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