Tag Archives: real estate

A new report has found that Prime office real estate in some of the world’s leading cities is about to take a hit from the falling price of oil. The report, released this month by property specialists DTZ, has identified 18 key “energy cities” around the world where unemployment will rise and office rental prices will fall as energy companies ...

The President of Abuja chamber, Mr. Tony Ejinkeonye, emphasized the peculiarity of Abuja as the new Federal Capital of Nigeria as the fastest growing city in Africa both in terms of population and infrastructural development, especially in the real estate sector and urged their hosts to key in as their investments are not only safe but are guaranteed high returns. He ...

From time immemorial, the build up to any General elections in Africa’s most populous nation incites a lot of shenanigans-a thought provoking jamboree that keeps everyone on his or her toes and that includes fetuses that are allotted that period of time for their grand entry into Mother Earth. During the electioneering process in my country, every aspect of human ...

An investment can be simply defined as expenditure in cash or its equivalent during one or more time periods in anticipation of enjoying a net inflow of cash or its equivalent in some future time period. In view of the limited resources and divers’ investment alternatives available to an investor, investment decisions are necessary. Investment decisions are made as a ...

Martins walked into his office, a spring to his steps. After a short, eventful but disaster-free weekend, he felt alive and invigorated and his date with Aisha contributed to it. He smiled at the thought of her. These days, his life was full of so much drama, it was a sharp contrast to just sit and talk with a woman ...

Property tax can be defined as a levy on property that the owner is required to pay. The tax is levied by the governing authority of the jurisdiction in which the property is located; it may be paid to a national government, a federated state, a county or geographical region, or a municipality. This is in contrast to a rent ...

In a short interview with Mr. Teju Ajayi, conducted by NREH correspondent, the MD/CEO of The Architects Place Ltd stated that there are breathtaking architectural masterpiece in Nigeria and that development is a gradual process. He also talked on the rentage issue which has been and still is a major worry for stakeholders in the real estate sector. Read interview ...

Absorption rate is the number of months it would take to sell the currently listed homes in the market. That is a simple definition, and the math is for the most part. However, it’s an important concept, and it’s used by a great many real estate related businesses to attempt to predict home prices and sales activity going forward. The ...

Dubai Investments, a diversified company, has formed a joint venture with the Saudi-Lebanese firm Red House to manage and develop a property project in Saudi Arabia. This will be the company’s first foray outside the UAE. The developer of the Dubai Investments Park will have a 50 per cent stake in a joint venture to develop the Riyadh Investment Park ...

In a move to boost the nation’s real estate industry, Nigerian investors are exploring opportunities with a Chinese firm to promote housing developments in the South West part of the country, especially Ondo, Osun and Ogun States. Senior officials of the Chinese firm, Messrs Sinafri-Hongye visited Nigeria last week to hold discussions with the private investors led by Niger-Sino and ...