Tag Archives: real estate

Vice President Yemi Osinbajo, at the weekend, said the federal government will deal decisively with individuals and organisations that made the list of high-profile obligors of Asset Management Corporation of Nigeria (AMCON). He said the debtors have made it impossible for the corporation to resolve its outstanding N5trillion debt, thereby holding the entire country to ransom with their bad behaviour. ...

Real estate rental investing seems so easy; passive income, property appreciation, tax benefits and more but people often makes some serious rental mistakes. The reality of life as a landlord isn’t so rosy. It’s hard work. It takes time, research and careful study to understand the business. It’s far easier to lose money on rental property than to make money. ...

Edo State NDDC coordinator Hon Uwuilekhue Saturday has listed some projects embarked on by the NDDC under his leadership as State Rep/Commissioner in Edo for 2 years. Uwuilekhue who spoke on Tuesday in Edo State at the NDDC Stakeholders Forum themed “Peace As A Panacea For Sustainable Development In The Niger Delta Region” said there cannot be peace if the ...

Former Commissioner for Housing in Lagos State, Hon. Bosun Jeje is confident that the incoming governor, Babajide Olusola Sanwo-Olu, would regenerate buildings in Lagos Island to curb the incessant menace of building collapse in the area. Jeje during an interactive session with journalist in Lagos at the weekend said indication towards that was Sanwo-Olu’s assurance when he visited the site ...

Real estate investors, along with the rest of society, are what you may consider conscious consumers. Every time a truly good deal presents itself, investors would be hard pressed to pass it up. After all, a real estate bargain presents the perfect opportunity to maximize profits.   The cheaper you can acquire a property, the more attractive the ROI (return ...

To mark the 2019 International Day of Forests (IDF) celebrated annually as tree planting day, members of Hall 7 Real Estate Management has called for massive sensitization of Nigerians on the need to preserve the environment through planting of trees. The chief executive officer of Hall 7 Real Estate, Mr. Olayinka Braimoh, stated this while speaking to journalists during tree ...

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has called on government to ensure that construction policy defaulters should be sanctioned, taken to court and jailed as this will serve as a signal for other agencies. Rowland Abonta, NIESV president made the call during a courtesy visit by the Trustees of the Institution to Oba Rilwan Akiolu at Iga ...

Credit allocation by banks to the real estate industry has maintained a downward trend in the last year. Data obtained from the National Bureau of Statistics showed that the industry got about N622bn out of the N15.13tn credit to the private sector in the last quarter of 2018. The amount, which accounted for 4.12 per cent of the total credit ...

The Chief Executive Officer, UT Homes and Financial Services, Mr. Ade Adebajo, has advised the government of the federation to focus on solving problems related to housing shortage in the country. Adebajo said government should focus more attention on providing affordable housing for all Nigerians adding that a situation where more houses meant for the rich are lying idle while ...

The FSDH Research has said that a real estate funds are investment vehicles that can be used to address Nigeria’s housing shortage and encourage economic activities in the real estate sector. FSDH Merchant Bank stated this in its report on ‘Real estate fund — Investment vehicle to address housing shortage in Nigeria.’ It observed that there was a significant shortage ...