ChangeAgent Property

AFR100 will help to translate ambitious commitments into action with support from private sector investors, foundations, development banks, and bilateral and multilateral funders. AFR100 will leverage a variety of financing, including grants, equity investments, loans, risk management guarantees and funds for specific interventions. A PAN-African, country-led effort to restore 100 million hectares (386 thousand square miles) of degraded and deforested landscapes by 2030, has been launched by African countries. The project known as African Forest Landscape Restoration Initiative (AFR 100) has been endorsed by the African Union. So far 10 African countries have agreed to join AFR100 and committed at least 31.7 million hectares of land for forest landscape restoration. AFR100 partners are earmarking more than USD $1 billion in development finance and more than $540 million in private sector impact investment to support restoration activities.

Location: AJao Estate along International Airport Road, Between EcoBank & GTBank. Title: C of O Price: N250million Asking

Rapper 50 Cent has lowered the asking price for his Connecticut mansion again after filing for bankruptcy in the state this past summer. The Hartford Courant reports the new listing for 50 Cent’s 21-bedroom, 25-bathroom home in Farmington is now $8.5 million. The rapper bought the 50,000-square-foot mansion for $4.1 million in 2003, but reports say he invested between $6 million to $10 million on renovations. 50 Cent, whose real name is Curtis Jackson III, first asked for $18.5 million for the home in 2007 and has been periodically reducing its price ever since.

This is one of the topmost Real Estate Firm in Nigeria and Africa as a whole. The Word of the CEO (Mr Segun Oshundairo) of Arc View Investment Limited: It's been God all through the year and we have all cause to celebrate. Mr Uche Theodoral Retain the Best Realtor of the Year second time running.

The Deputy Managing Director, Propertymart Real Estate Investment Limited, Mr. Ayodeji Fasuwon has said it will continue to give a new definition to real estate landscapes in Nigeria by churning out the most valuable and well-planned estates with designs that span and equate global designs. He said this recently following the presentation of “The Most Enterprising Organisation of the Year 2015” award conferred on the company during the Nigeria Entrepreneur Summit, Exhibition and Awards 2015, in Abuja. Propertymart came top from among reputable companies that include NAF Conference Center Abuja, Coscharis, Lekki Gardens, Candel Company Ltd, Bi-Courtney Group, Nestle Nigeria Plc, Elizade Motors, Actis Nigeria and Troyka Holdings that were listed in the award category.

...Repairs 300 Roads Across The State In Six Months The Lagos State Government has approved the construction of flyover bridges for two of the State's high-density traffic zones - Ajah round about and Abule Egba junction. The two major projects were approved by the State's Executive Council and have been duly awarded to contractors for a speedy commencement of work. In a press release issued on Sunday by the State's Commissioner for Information and Strategy, Mr. Steve Ayorinde, the projects will be completed within 16 months as part of Governor Akinwunmi Ambode's ongoing road infrastructure projects across the state.

Owing to the fact that there are many real estate agents around, it is consequential that you go the extra mile to stand out from the crowd of real estate agents in the country. This article gives ten worthy tips on how to be a professional real estate agent and achieve success at it. The world of residential real estate has many different players, including appraisers, home inspectors, property managers, developers, contractors, bankers, mortgage loan officers, and government agencies, as well as prospective buyers and sellers. But, the workhorses of the typical real estate transaction are the people that coordinate the process—the real estate agents and brokers.

                                Taipei Millennials may not have much money to spend now, but they grew up during the economic boom of 1990s. Many have already visited popular international destinations like Paris and Rome. They want to travel to "off the beaten path" locations that stoke their curiosity, and are light on their budget. Taipei is increasingly appearing on many radars, along with other Asian cities Seoul, Macau and Manila, according to a survey by the online travel company Hipmunk. With its gleaming skyline and bustling night markets, Taipei has many of the attractions found in larger Asian cities, such as Tokyo and Hong Kong, but without the crowds and frantic pace. Taipei has a rich culture that combines Chinese, Japanese and Western influences. The city of 2.5 million is renowned for its cuisine, especially its street snacks.

Chris Merrill, CEO Harrison Street Real Estate Capital. (Jeff Sciortino for Forbes) raised a few eyebrows. “Some could only picture Animal House ,” says Merrill, who has been investing in real estate since 1993. But check out the $40 million property Merrill developed one block west of the University of Arizona campus. There is a rooftop pool, a fitness area and a business center–and 164 units with designer furniture, quartz countertops, stainless steel appliances and in-unit washers and dryers. The place charges $900 a month per bed, with apartments sleeping between one and five students. “Safe, well-lit, gated communities–parents won’t pay enough for that,” Merrill says. The private equity firm Merrill cofounded in 2005, Harrison Street Real Estate Capital, invests in student housing as part of a real estate strategy that is exclusively focused on demographic trends. For Millennials, dorms and student apartments are the target; for those in the “accumulation” stage of life, sel...

Most of the time success in business is the result of what you know. In every industry there are key elements—secrets—that if known will help to insure success but if not known, will certainly lead to failure. Real Estate investing is no different. Success begins with knowledge. What are some of the critical lessons that every real estate investor should know? Here are ten of them for starters…  The first secret is probably the most important of all the others—using other people's knowledge. There are only two ways to gain knowledge. Either you gain it from other peoples mistakes or make the mistakes yourself. If you refuse to learn from other people's mistakes—you are destined to learn from your own mistakes. The secret is to learn from others and avoid the pain of learning the hard way. Here is the secret—you can jump start your investing success by getting a good mentor and constantly reading and listening to CDs by successful real estate investors.  The second secret is...

Having rehabbed over 470 properties in the last seven years and collected over 600 apartment units I’m often asked, how can I become wealthier faster investing in real estate? While most investors concentrate on some aspect of single family houses, I was always interested in apartment houses first, and then single family homes as a means of getting more apartment houses. From the very beginning of my investing in real estate, I liked the idea that a group of people (the tenants in a building), would get together and pool their money to pay down the mortgage on a property, and I liked the idea that they would also pool their money together to pay for all of the maintenance work for a building. I especially liked the idea that they would give an owner so much money that the owner would have a bunch of money left over at the end of every month that could be used to either re-invest, save or to go out and have a good time with.

                    Babatunde Fashola The Minister of Power, Works and Housing, Mr Babatunde Fashola, says the Federal Government would re-introduce highway tolling to raise additional funds to finance road infrastructure and ensure efficient road maintenance. Fashola said this on Tuesday in Abuja during his first news conference tagged “Setting the Agenda for Delivering Change”. He said that adequate funding of the nation’s road infrastructure would generate job opportunities and reduce unemployment in the country. “Maintenance would be our watchword. We are setting up a robust maintenance regime to keep our highways in good shape.

                                 Okowa The Delta State Commissioner for Lands, Survey and Urban Development, Sir Dan Okenyi, has set up a committee to identify undeveloped plots of land earlier allocated to individuals and organisations in the metropolitan area of Asaba, Delta State capital. The committee, headed by Mr. Alex Eboka, will identify plots that were yet to be developed by their owners two years or more after the allocation. The exercise was necessitated by the prevalence of undeveloped plots of land some of which were allocated for upwards of five years and duly issued with Certificates of Occupancy (CofO).

AS part of its social responsibility to the Nigerian populace, a cement manufacturer giant, Lafarge Africa Plc has struck a deal with the Federal Government to deliver 500 units of low cost housing in Abuja. The project, according to the promoter, which would kick off in 2016, is also a testimony to the company’s pledge to complement government’s effort at bridging the housing deficit in Nigeria. Disclosing this during the official launching of its studio model, at its Oregun’s office last week, Head, Affordable Housing and Building, Lafarge Africa PLc., Jumoke Adegunle, explained that the project is to herald the company’s desire to provide affordable housing to the Nigerian masses.

The Office of the Lagos State Lands Bureau has created a dedicated Help Desk for uncompleted applications for those who have applied for Certificates of Occupancy (CoO) but whose completion process is been delayed due to the absence of essential documents. The Permanent Secretary in the Office of Lands Bureau, Mr. Bode Agoro disclosed this recently while briefing the media, he noted that, this has become necessary considering the avalanche of uncompleted and abandoned applications associated with non-submission of vital information and essential documents by the applicants. He reiterated the commitment of the present administration towards prompt signing and release of Certificates of Occupancy to applicants, thereby ensuring that, they have official documents of their landed properties.

                     One of the plant Apart from construction of the two plants, employed of 105 additional artisans as maintenance gang members are all geared up towards boosting the operational activities of the corporation by ensuring that Lagos experience motor-able and pot-hole free roads at all times. IF the assurances by the Lagos State Public Works Corporation (LSPWC), is anything to go by, then, more deplorable roads in the state would be fixed in the new few months. The corporation last week said, it would speed up on its mandate of delivering good road infrastructure throughout the state, as a newly completed asphalt plant in Badagry would significantly boost its operation. To reduce the hiccups usually associated with road maintenance work, the state had some months ago delivered Imota asphalt plant; it also recently completed another one, located in Badagry.

Commuters plead for reduced fares COMMUTERS that ply the Ikorodu Mile 12 axis of Lagos metropolis have continued to express happiness to the government for providing the BRT service. In a chat with The Guardian at Mile 12 area, a commuter said: “I love what the government has done. The buses are very comfortable. I also love the air conditioner. I have never missed it since it was launched.” Lagos State Governor, Akinwumi Ambode, recently commissioned the Mile 12- Ikorodu BRT route. Dignitaries from all walks of life were present to grace the occasion. All Progressives Congress (APC) chieftain, Asiwaju Bola Ahmed Tinubu, Osun State Governor, Rauf Aregbesola were among the notable dignitaries present at the occasion. The first BRT system was launched in March 2008 along the Mile 12 CMS corridor. The 22km BRT has moved over 250 million passengers in the last seven year. However, a commuter at Agric Bus Stop urged the government to reduce the fare.

The House of Representatives has vowed to reverse the land swap policy in the Federal Capital Territory (FCT) initiated by former President, Dr. Goodluck Jonathan. According to the lower chamber, the decision is premised on its resolution via its legislative agenda to expose corruption, inefficiency and waste in the conduct of government business. The House Committee on FCT which faulted the initiative said the programme is a negation of the provisions of the original Abuja Master Plan and misplacement of priority in the direction of physical development of the city. To the panel, if the programme is allowed to materialize, it will only succeed in creating development islands and a brazen evidence of uncoordinated development as well as hurried mortgage of the future of the federal capital city.

With increasing incidences of unruly shoppers competing over holiday sales, it could well be the best time of the year to be among the exceptionally few buying a big ticket item that both adds value and is long lasting. The big ticket item in this case is a home.  About one million consumers will purchase a home from November to January this year, when home prices are a bit softer. As you may know, the typical home price tends to rise around 3% to 5% per year. This year in 2015, the gain is a bit stronger at 6% because of the ongoing shortage of inventory in many markets. But the annual price gain does not smoothly and steadily change from one month to the next. There is a clear seasonal pattern of rising prices from the spring home buying season to the end of summer. Then prices mildly retreat. Closings in January provide the best discount for home buyers, meaning that buyers get the best deal when they get the home under contract around December.

Obtaining the Lagos state Governor’s consent to all land transactions in Lagos state is the means of perfecting title The issue of getting a property can sometimes be very daunting if you have to think about the stress and many processes involved. First, you have to be sure what you’re buying is genuine and will not be sold to anyone else after your payment except by you. Then you have to obtain proper title if none existed before or perfect the title it already has in your own favour. The Land Use Act of 1978 puts all land in a State; town and rural area under the control of the Governor and Local Government Chairman respectively in trust for the people of the state.

Some people like to ask ‘what is the relevance of a survey plan?’. A survey plan’s primary purpose is to prove the identity of a land which comes handy when a dispute ensues. A survey plan becomes of utmost importance for any success to be attained in any land suit. A plaintiff seeking for declaration of title to land has a cardinal duty to show with certainty, the area of land being claimed, failure to do so makes his or her claim to be at risk of being dismissed. Hence, a land survey plan is a specialized map of a parcel of land, created by thoroughly examining and measuring the property. It determines and delineates boundary locations, building locations, physical features and other items of spatial importance. More than just a diagram of the property, a land survey plan is an important legal document that displays the exact legal borders of the property and applicable aspects of the registered title. The definition of a surveyor according to Section 2 of the Survey Act means...

Engineers from the Lagos State Government working on street lights in Oworoshoki, Lagos, as part of government’s effort to light up the state, on Monday, November 30, 2015.

An indigene of Ajido (Mogoh quarters) Badagry, Lagos state. 15 years professional experience in strategic leadership, micro-enterprise and small business development, microfinance, poverty alleviation, international development in both Africa and the United States of America; Track record in leading multicultural organizations and building strategic partnerships for the 21st century; Skilled grant writer and outstanding fundraiser (secured and successfully administered more than 10 million USD grants from international and national philanthropic foundations and U.S. Government Agencies);

TOWARDS reducing the nation’s housing deficit estimated at 17 million units, Trust Bond Mortgage Bank Plc has announced plans to engage in affordable home financing in all parts of the country, and offer of innovative products that would cater for different needs of the populace. The company will also ensure compliance with the relevant regulatory requirements and improve its profitability as well as embrace the use of technology in meeting the needs of our clientele. The bank’s Chairman, Etigwe Uwa, who made this known during the company’s annual general meeting in Lagos, noted that the new shift in Central Bank of Nigeria (CBN) operational guidelines, permissible activities for Primary Mortgage Banks (PMBs) are mortgage finance, real estate construction finance and acceptance of deposits, have brought the re-awakening that mortgage firms are ‘banks’ and not real estate management firms.

THE umbrella body for estate developers in Lagos Sate has inaugurated a new governing council and Board of Trustees (BOT) at its new secretariat at Ebute- Metta, last week. At the event, the Chairman of the Association of Real Estate Developers of Lagos State (AREDOLS), Nureni Ayinde Akinsanya, reiterated the need for developers to ensure global best practices in construction in order to reduce the incidence of collapse being witnessed nationwide. Speaking at the maiden of the and Governing Council of the association, Akinsanya said the inauguration marked a historic moment in the life of the association, adding that it was part of the achievement of the present executive.

                     Haven Homes While government admitted that its role is to create conducive environment for private investors in its quests for housing delivery, stakeholders reeled out sundry requests that would attract investment in the sector to ensure 20,000 units in 2018. TO keep the increasing housing demand in Lagos State under control, the state government must adopt a multi-approach strategy; else, crisis of homeownership in the state would continue to escalate. Though not totally new to the industry, several of these approaches were thrown up at a one-day forum, organised by the Lagos State Ministry for Housing.

A DISPLAY of architectural masterpiece is in the pipeline as a construction firm, Sujimoto last week launched the tallest residential building in the highbrow Lagos settlement, Ikoyi. It is named Lorenzo, which upon completion would be magnificent development and symbol of structural mastery in Ikoyi’s prestigious neighbourhood of Bourdillon. Lorenzo, according to the developer, presents homeowners the elegance of worldclass residential poise on our own shores with unrivalled features, facilities and excellent services. The project is a 25-floor residential masterpiece built on 3,800 square metres of amazing landscape.

Vice President Yemi Osinbajo says the Federal Government is focused on implementation of Niger Delta Master Plan to drive development of the region. Osinbajo stated this at the inaugural meeting of Partners for Sustainable Development Forum organised by Niger Delta Development Commission (NDDC), in Port Harcourt on Monday. He said President Muhammadu Buhari had also expressed concern with current degradation of the environment with a view to addressing challenges faced by the region. “Niger Delta remains a priority of the President Muhammadu Buhari-led APC government with a view to attending to current devastation and environmental degradation in the region.

The ATLANTIC RESORT, Victoria Island!!! OWN A STAKE TODAY at the Luxurious Atlantic Resort, Victoria Island Lagos Nigeria. Real Estate has never been this affordable. Invest today for as low as N1,293,400.00 on a spread payment plan per Square metre and earn rental income/capital appreciation for as long as you please on your Investment.

…Earmarks 189 Roads For Next Phase The Lagos State Government on Tuesday 24th of November said that over 282 roads have been rehabilitated in the last six months, just as it assured residents that the ongoing construction across the metropolis will be completed in due course. General Manager of the Lagos State Public Works Corporation (LSPWC), Engr. Ayotunde Sodeinde gave the assurance on Tuesday while briefing newsmen on the work done so far said that the State Governor, Mr. Akinwunmi Ambode’s desire is to see that the roads across the state are motorable. “We have done 282 roads since June 2015 till date. We have listed another 189 roads and anytime from now we would start. We would work every day and night to ensure we make life more comfortable for residents in the state”, he said.

This is an exclusive interview with Chief (Dr) Christian Francis Ipoola Olaniyan Land Investment interview with Chief (Dr) Olaniyan…Born to parents who were teachers, he also ended up an educationist after having the best education available back in the 40’s.The founder of Victory Schools, Ikeja and other various establishments, he was one time Hon. Commissioner for Establishment and Training, old Oyo State and has held various laudable public offices and social positions. He has also won over fifty Honours Awards from different organizations, both civil and religious between 1978-2010. In this exclusive interview with Nigeria Real Estate Hub on , Chief  (Dr) Christian Francis Ipoola Olaniyan (JP)  reveals to us what land acquisition was like in the 70s and the various challenges that came with it. NREH: How did this vision start? What inspired your action to start a school? A: In Ibadan, I was the founder principal between 1960 and 1964 so I had to leave to do poli...

Rwanda's capital, Kigali has been declared the Most beautiful city in Africa by the United Nations (UN).

Mumbai attracted 40% of the $2.4 billion (around Rs 15,500 crore) private equity (PE) investments in the Indian real estate between January and September 2015. Global real estate consultant Cushman & Wakefield, which released its report on Wednesday, said the total PE investment this year was the highest since 2008. The investments come when the office absorption across top eight cities is estimated at 158 million sq ft during 2015-19, it added. The PE investment this year is an increase of 84% over the corresponding period in 2014. The figures were released in the annual real estate investment publication, ‘`India Real Estate-Resurgence on the Anvil’ in association with the Global Real Estate Institute. Delhi-NCR and Mumbai remained the top contributors in attracting PE investments this year. Mumbai attracted the highest PE investment volume with over Rs 7,000 crore, followed by Delhi-NCR, which garnered a 24% share.

Property management is an integral part of real estate that shouldn’t be taken with a pinch of salt. For this reason I am devoting this time and space allotted to me on this platform to discuss and share my thoughts and experiences on the management of properties as it is been practiced in Nigeria and other parts of the world. In view of this, we had an issue with a client who saddled us with the responsibility of managing his property. Things got ugly when he had a problem with a tenant and in response he was going to evict the said tenant. Albeit the crux of the matter was his decision to make us bear the cost of eviction since the tenant came in through us. Invariably the cost of eviction regardless of the process; be it at the level of litigation or engaging a lawyer to effect his cause was to be incurred. I understand this is the norm in the society he emanated from having spent quality time in the United Kingdom. Nonetheless this was a far cry from what is obtainable in Ni...

The Rate of unemployment in the country is on a recurring decimal. The situation is so bad that some persons now assume joblessness is a career in Nigeria. The Nation’s institutions continue to churn out graduates yearly while those that graduated over the years remain jobless. The new ones come to join the old ones to form an association of unemployed graduates; the largest body there is in the country. The situation is so frightening that whenever ‘ASUU’ decides to down tools, the unemployed graduates run to the mountain and pray fervently that the strike action never ends. The rate of unemployment in Nigeria scares the living daylights out of parents and even their children in the various higher institutions across the country. Though the government and private investors can do a lot better than they’ve done, they definitely can’t do everything. The Nigerian youth has a duty to carve a niche for themselves where the government has failed. They can’t continue to wait for the gover...

                             Amen Estate So, you are ready to throw your hard-earned money into a new home project. This is what you should know before investing in a new home. The process of developing new subdivisions as a unified building concept is now more prevalent than ever. In regions all around the country, new home builders are creating entire communities from scratch, building in a way to create a unified residential area and the profits that go along with that. If you are one of the millions of potential home owners thinking about buying a new home, keep in mind some key facts as you go through the process. Real Estate Agents Matter Some think that buying a fresh home fr om a builder does not require a real estate agent, but there are some great reasons to include one in your transaction. At the very heart of the hammer is the experience a real estate agent has with the contracts you will be ...

Price:  N650,000 per plot. Installment Available: Initial deposit: N100,000 & spread the balance for 20months. Outright payment attract 10% discount.

Lagos State Government has declared that the Badagry development Master Plan will not in any way be compromised in view of the economy viability of the axis and its importance to the growth of the State economy. The State Commissioner for Physical Planning and Urban Development, Tpl. Anifowoshe Abiola, made the declaration on Thursday while speaking at a Stakeholders' Forum themed "Keying into Benefits of City Development for Urban Sustainability " at Ojo Town Hall with professionals in the built industry, traditional rulers, members of Community Development Associations, artisans, market men and women in Ojo area of the State. He said the State Government will continue to pursue the development plans of Badagry and Ojo in order to open up the axis for more government presence as well as improve the welfare and wellbeing of residents in the area. According to him, Lagos, unlike any other city in the country, requires adequate planning considering its limited landm...

AN increasing number of the world’s wealthiest people are buying non-traditional homes outside of where they usually live and the vast majority own two or more homes, new research shows. Ultra-high net worth individuals (UHNWs) are classed as those with assets above US$30 million and are discerning about what they buy, says the research report from Wealth-X and Sotheby’s International Realty. UHNW buyers look for residences that are environmentally sustainable, technologically sophisticated, or that fit better with their personal and family needs. The average buyer in this sector is 63 years old, married and has a net worth of US$165 million. The top place to buy a second home is the United States followed by the UK and then Switzerland.   The Caribbean and the Mediterranean also remain favorites among UHNW buyers for private island homes, but Southeast Asia, Canada and Belize are gaining popularity.

THE British property industry has welcomed a government review of one of the country’s biggest bugbears in the planning system. According to the Property Federation (BPF) the relook at the Community Infrastructure Levy (CIL), a development tax, which is used to fund local infrastructure, is long overdue. The organisation, which is supportive of CIL in principle, has long advocated a review of the tax and says that it has become overly burdensome and inefficient. The BPF says that the review must not be the end of the story. In some cases, the evidence base used for the initial CIL setting is now fully out of date, and not fit for purpose. It is crucial that local authorities are encouraged to regularly review their own charging schedules against market signals and to test them against ‘real life’ projects that reflect market conditions.

Welcome to the Two New Dominion Onward Estate on Ibeju Lekki Axis, Location:  1. Opposite Lekki Golf Course, Igbekodo Ibeju Lekki. 2. Beside Lekki Free Trade Zone, Orimedu Ibeju Lekki. Neighborhood: *Amen Estate *Lekki Free Trade Zone *Lekki International Golf Course *International Airport *Dangote Refinery *LA Campagne Tropicana Resort *Eleko Beach *Lekki Seaport *Rehoboth Estate *Port View Estate.

Welcome to the New Dominion Onward Estate on Lekki Epe Axis, Location:  *Opposite Farapark Estates, Sangotedo Lekki Epe Express Way. Neighborhood: *Crown Estate *Diamond Estate *Emperor Estate *New Lekki Mall (Shoprite) *Corona  International School *Fara Park Estate *Abijo GRA Infrastructure: *Paved road & Sidewalks, *Storm drainage, *Recreational park, *24 Hours security system, *Water supply & Street lights *Management and maintenance services.

The Lagos State Government has charged allottees of State lands, particularly those within Victoria Island, Ikoyi, Lekki 1 & 2 and Abijo Residential Schemes, to take physical possession and develop the plots allocated to them on or before December 14, 2015. The Permanent Secretary, Lands Bureau, Mr. Bode Agoro, who gave the directive on behalf of the State Government, stated that  it (the directive) is in line with the policy thrust of the Government in allocating lands to citizens in residential schemes which is to assist them meet their desire of building houses of their own. Agoro affirmed that the terms and conditions as stated in the State Land Law, mandates allottees or holders of Right of Occupancy to fully develop their plots within two years of allocation, which he said, informed allocation of plots of lands on the schemes. He gave assurance that building approval for those that are ready to develop their plots or parcels of land in compliance with the directi...

Wings Towers In a bid to offer big local and multinational firms office space for operational purposes in a convenient and spacious building, an edifice, known as Wings Towers, described as ‘first of its kind in Nigeria’, is currently leasing out its 27, 000 square metre billed to open fully on September 1, 2016. The 12 floors twin building located at the Ozumba Mbadiwe Street, Victoria Island, is designed to offer convenience, comfort and security to tenants. The facilities in the building include a 700 dedicated parking space, public restaurant and entertainment deck, a functions desk, podium, basement, penthouse suites, Porte Cochere, banking facility, electrical power is provided to the building at 11kV and up to 3.5MVA, while backup generators are also available. There is a decentralized Variable-Air-Volume (VAV) air-conditioning system with air-cooled chillers to be provided, 100 per cent for the occupants, installed on 1000 square metres floor above ground level. They ar...

Former President, NIESV, Mr. Emeka Eleh, the president, Mr. James Omeru, the publicity secrtary, NIESV, Mallam Ali Bature and chairman of the occasion, Mr. Joe Idudu during the group’s 2nd 205 National Mandatory Continuing Professional Development Seminar held in Lagos last week. AS the new housing minister, Mr. Babatunde Raji Fashola is settling down to tackle the challenges of housing in Nigeria, experts in the housing sector, under the aegis of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) through her faculty of housing is set to unveil some affordable housing delivery models via community development approach at her 2015 National Housing Summit, planned to hold in Abuja, this Thursday. This was stated by the Chairman and Secretary oif the Faculty of Housing, Mr. Biodun Odeleye and Casmir Anyanwu respectively. According to them, community synergy guarantees access to land at reduced cost, access to finance, quality home ownership in organised estates with s...

Hundreds of real estate developers and investors streamed into the Brooklyn Museum on Tuesday morning, past a 65-foot cloth banner proclaiming "Brooklyn Is Not For Sale!" Nearby, dozens of local artists and community activists shouted "Greedy! Greedy!", protesting the institution's decision to host thesixth annual Brooklyn Real Estate Summit. "White dudes in fancy suits is all I see," said Olivia Fox, a performance artist from Queens. Fox, who was holding up one end of the banner, is a member of the Brooklyn Anti-Gentrification Network (BAN). "The Brooklyn Museum is supposed to serve Brooklyn, and it should be serving its most vulnerable population first and foremost," she added. A BAN petition with more than 1,000 signaturesas of this writing implored the museum to cancel the event—hosted by Green Pearl—citing record rents and a near-record homeless population—more than 56,000 New Yorkers were enrolled in city shelters as of August. ...

An illustration of the proposed Atlantic Resort, Lagos The Atlantic Resort is conceived in response to the demand for grade ‘A’ office spaces, which continues on an upward trajectory due largely to the size of Nigeria’s Gross Domestic Product, growing population, emerging middle class and more specifically, the thriving business environment in Lagos owing to economic activities in the state. FOLLOWING recent increase in the number of real estate firms venturing into Lagos property market, especially in mixed used developments and dreams of multi-national companies to have their executives, who are majorly expatriates, in close proximity to their working places, a Lagos-based developer, Messrs Grenadines Homes has launched a new luxury business and residential development in the city’s skyline. The project christened Atlantic Resort is to be built on 3.4 hectares of land and will comprise one commercial tower and two residential towers located on Water Corporation Drive, off Li...