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Tag Archives: real estate

More women are thinking real estate

lamudi tanzania

In a statement made by online property portal, Lamudi Tanzania limited to mark International women’s day on Sunday, it was said that women are increasingly undoing blockades to the once male dominated real estate ownership, management and dealing. Quoting a Dar es Salaam based real estate broker, Lamudi said despite facing hostilities from male peers in the field, she is ...

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Top 20 real estate tycoons

top 20 real estate tycoons

According to Forbes 2015 billionaires list, of the 20 richest property moguls in the world, more than half (12) hail from Asian-Pacific nations. Seven are from Singapore, three from China, and one each from Singapore and Taiwan. Four of the wealthiest 20 property billionaires are American, three are from the U.K., and one is from the United Arab Emirates. Hopefully in ...

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Haven Homes unveil new designs for 2015

One of Nigeria’s top real estate companies delivering affordable luxury homes, Haven Homes has completed and delivered a brand new set of home designs to its subscibers at Richmond Gate Estate situated in Lekki. Speaking on the concept behind the 2015 home designs, the company’s spokesperson Mr. Sonuga explained that the new designs were conceptualized with more sensuality and adaptation ...

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Real Estate Business: The raw deal

Real estate business can be quite a rewarding career for any Tom, Dick and sometimes Maria, regardless of their educational background but varied skill sets should be a requisite. Little wonder, people think a real estate career is easy money, though there is a lot more to it than that. However, you don’t need to be a “salesman” to be ...

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Nigerians now prefer to invest in foreign properties

Mr. Godwin Alenkhe, Chairman of the Estate, Rent and Commission Agents Association of Nigeria, Lagos state chapter has expressed that the high cost of land transactions is having a negative impact on the real estate sector as Nigerians now invest in foreign properties. He said this in an interview with MAUREEN IHUA-MADUENYI of PUNCH news. When asked how the devaluation ...

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Delta embark on completing 150 houses for civil servants.

Civil servants in Delta State are up for good times as the government is making plans to look into housing for its workers with plans to complete about 150 housing units along Ibusa road, Asaba. The State Governor, Emmanuel Uduaghan gave the assurance to civil servants in the state last week during an inspection tour of the government owned 150 ...

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Home Ownership is falling in many countries

Home ownership levels are continuing to drop in many countries despite stable or positive outlooks for most mortgage markets, according to a new global report. As a result of market dislocations post economic crisis, home ownership levels face challenges as large foreclosure pipelines are expected to displace owners in some countries such as the US, Spain, and Ireland, whilst new ...

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Investors identify opportunities in Nigeria’s real estate sector at $400bn

The housing deficit in Nigeria, estimated at 17 million units has created immense opportunities in the country’s real estate sector, making it a preferred destination for local and foreign investors. The middle to the lower-middle class market alone needs about four million housing units, representing about 20-25 percent of the deficit and Richard Nyong, CEO of Lekki Gardens Limited, estimates ...

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TECHNOLOGY: Eko Atlantic developers unveil mobile app

Messrs South Energyx Nigeria Limited, planners and developers of Eko Atlantic City, an emerging city being built on land reclaimed from the Atlantic Ocean located beside the popular Bar Beach on Ahmadu Bello Way, Victoria Island, Lagos, have devised their first mobile application that can be used on all new generation smart phones and Eko-pixtablets (Android and iOS platforms). The ...

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STANBIC IBTC and experts solicit enhanced REIT transactions

In order to facilitate the establishment of an efficient and viable Real Estate Investment Trust (REIT) regime in the country, experts have urged the authorities to fashion out a new tax regulation that will enhance equitable administration of value in the real estate sector. They also called for an urban planning processes to create an improved enabling environment, which will ...

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