Tag Archives: real estate

To achieve sustainable growth in the nation’s real estate sector, stakeholders have listed ways in which the industry could overcome its temporary setbacks. They noted that the sector is still recovering with a contribution to the national Gross Domestic product staggering between one and two percent. According to them, the development of a modern mortgage system and appropriate technology in ...

Small businesses and real estate investors are discovering that the new business landscape demands a ‘share or die’ mentality. However, when is it smart to participate in real estate collaboration efforts and when is it more beneficial to keep information to yourself? Several articles have been published on sharing and real estate collaboration. Recent developments in social media have made ...

Landlords don’t just collect rent checks. Successful landlords must understand the law, negotiate different personalities, and adapt to various problems that can pop up at any time. Here are six things every potential landlord should consider before taking a launch. Being a landlord is not a 9 to 5  job structure Landlords don’t punch time clocks and work regular hours. ...

Real Estate Developers Association of Nigeria, (REDAN), South-East zone, has reached a collective agreement to host a major Housing Summit and Exhibitions next month. The Summit tagged Akulueuno 2019 – will hold on Wednesday, September 4, 2019, at the Kobb Civic C`enter (Shoprite), Polo Park Mall, Enugu. The Summit packaged in collaboration with Goldspectra Communications Network promises to be very ...

Bayelsa State Governor, Hon. Seriake Dickson has re-echoed that there’s no land for Ruga settlement in the State, except land for only investment. Dickson stated this during the official launch of the New Yenagoa City within Yenagoa, the capital city, at the DSP Alamieseiyegha banquet hall, Government House, Yenagoa. Dickson started with the presentation of lands to the former Presidents ...

The Lagos State Government on Tuesday said that it has commenced the handling of the maintenance of government-owned housing estates through the engagement of facility managers to promote the wellbeing of residents of its estates. The Permanent Secretary, Wasiu Akewusola, in a statement signed by Adeola Salako, Director, Public Affairs in the Lagos State Ministry of Housing, said Mr. Akewusola ...

The Federal Mortgage Bank of Nigeria, FMBN, has said that more than nine million Nigerians lacked affordable housing. The branch Manager, FMBN, Enugu, Mr. Emeka Aroh, made the disclosure on Friday in Enugu at a one-day seminar organised by a private company, Light Hill Housing Cooperative for multipurpose cooperative societies in the South-East. Aroh said that for Nigerians to have ...

The Managing Director and CEO of the Realty Point Limited, Debo Adejana has revealed outstanding legacies left behind by the late iconic Estate Surveyor and Valuer, Mr. Akin Olawore, itemizing them into five categories. In a tribute, Adejana emphasized the landmark strides and legacies Olawore left behind, revealing the secret tenets behind the outstanding contributions and achievements of the estate ...

The Nigeria Real Estate Summit & Expo (NIRESE), in its 7th edition, is Nigeria’s most important real estate event and gathers the most influential players from the industry for a full day of trade, networking and learning through premium conferences and dedicated exhibition zones. NIRESE 7.0 is scheduled for July 18, 2019 at the Eko Atlantic City, (Former BarBeach), Ahmadu Bello Way, Victoria Island-Lagos, ...

Leverage is the use of various financial instruments or borrowed capital to purchase and/or increase the potential return of investment—the term is used on both Wall Street and in the Main Street real estate market. The easiest example for real estate is a mortgage, where you’re using your own money to leverage the purchase. In most cases, a 20% down ...