Real Estate Developers Association of Nigeria (REDAN), Federal Capital Territory (FCT) chapter Chairman, Mr. Andrew Elerewe, has urged the winner of the presidential election to come up with sustainable and implementable housing policies. In a statement made available to newsmen, he said investors in the sector want the government to evolve realistic housing policies for the sector. He said: “We ...
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NIOB seek collaborative support from private sector, government
Private sector, Ministries, Departments and Agencies (MDAs) at all levels of government have been called upon to collaborate with the Nigerian Institute of Building (NIOB) to meet housing needs of citizens. Besides, President of NIOB, Mr. Kenneth Nduka, called on governments at all levels to respect and enforce the unique roles of builders in all aspects of building project delivery ...
Read More »REDAN President says real estate business will boom soon
Mr. Ugo Chime, the President, Real Estate Developers Association of Nigeria (REDAN), on Thursday said real estate development sector was about to experience a boom. Chime said this on Thursday while speaking on `Real Estate Management’ at an empowerment programme organised by a religious body in Enugu. He said that the boom was as a result of the recent successes ...
Read More »Six challenges developers face in the built environment
Nigeria Real Estate Hub correspondent was in an interview with the CEO of Tromville investment, Pastor Adeyemi Adeniyi A.K.A the Bishop of real estate. He shared six challenges he encountered as a developer in the built environment. Read his interview below NREH: We heard about your tremendous contributions as an employee in Property Mart and how you delivered 6 estates ...
Read More »If we want a mortgage system that works, we need to create it by ourselves – Adeyemi
Mr. Kunle Adeyemi, the CEO of sterling homes Ltd was in an interview with one of our correspondents, Rianat. He opined that developers need to create a mortgage system that works since the one we have is not accessible. Read his interview below. NREH: What influenced your decision to go into real estate considering your background in sciences? Mr. Adeyemi: ...
Read More »Affordable housing is an indicator of the well-being of Nigerians – Zarma
Minister of State for Power, Works and Housing, Surveyor Suleiman Hassan Zarma has pointed out that affordable housing and conducive urban environment remained portent indicators of the well-being of Nigerians through effective policies and pragmatic development programmes. Zarma who stated this in Abuja at a workshop for Real Estate Developers organised by Real Estate Development Association of Nigeria (REDAN) added ...
Read More »REDAN identifies cause of casualties in real estate business
Real Estate Developers Association of Nigeria (REDAN) has identified undefined and uncharted leap of faith operating environment as the cause of casualties in the estate business. The President, Rev. Ugochukwu Chime made this disclosure during his acceptance speech and investiture as the president of the 5th REDAN National Executive Council 2018-2020 in Abuja. Starting that the many casualties is impossible ...
Read More »REDAN, CBN Brainstorm on Real Estate Data Collation
Daily Trust reports that the Real Estate Developers Association of Nigeria (REDAN) Tuesday conveyed a stakeholders meeting in Abuja to proffer solutions to the problem of collating data for the real estate and housing sector in Nigeria. Stakeholders in attendance included directors from the Central Bank of Nigeria, the Federal Ministry of Power Works and Housing, the Federal Mortgage Bank ...
Read More »‘FMBN, REDAN, Shelter Afrique to create $2b affordable housing fund’
“Some stakeholders have agreed to pool resources to tackle the housing problem headlong. This is by ensuring improved access to credit facility and reducing development costs for low-income housing.”- The Nation The Federal Mortgage Bank of Nigeria (FMBN), Real Estate Developers Association of Nigeria (REDAN) and a pan-African finance institution, Shelter Afrique have joined forces to create a $2 billion ...
Read More »REDAN identifies land, finance as major housing challenges
“The Real Estate Developers Association of Nigeria (REDAN) has identified land issues and lack of finance as major hindrance to achieving housing for all in the country.”- Business Day Ugochukwu Chime, the President of the association, made the observation on Wednesday at the Building Expo and intensive workshop for real estate developers in Abuja. Chime regretted that there was no ...
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