ChangeAgent Property

The Lagos State Governor, Mr. Akinwunmi Ambode, has approved the creation of three new residential schemes for allocation to residents in the state as part of efforts to meet the housing needs of Lagosians.  Mr. Bode Agoro, Permanent Secretary, Lands Bureau, who stated this in his office recently, reiterated the commitment of the present administration to alleviate the hardship faced by the citizens in securing comfortable accommodation at an affordable price in the state.  The Permanent Secretary stated that the schemes, namely Safe Court Gardens in Ijanikin, Treasure Park in Badagry and Prince Court in Sangotedo, Lekki were carefully designed to ensure that allottees live in comfortable homes in a safe, clean and peaceful environment.

Putting in the time now can pay dividends later. By Copley Broer Many agents overlook the rental market and focus entirely on homebuyers and sellers. Although the commission today might be smaller, adding a specialty inrentals can provide you with a quality source of homebuyer leads over the long term. A whopping 35 percent of the U.S. population rent their homes, and the demographics of this group mean they are very likely to become homebuyers in the near future. Here are a few groups to focus on when incorporating rentals into your real estate operation. Families putting down roots Many families move away from renting as

Lagos State This picture of Lagos at night fascinated me... Imagine the beauty and development of Lagos with constant power supply.. I see a prosperous Lagos State.. I Thank Governor Abode for making Lagos a maga city in making. Lightup Lagos.

It is officially the digital age. You can see it all around you – flip on your television for a few minutes and look at the commercials. Intel is constantly debuting something new and there’s always something new to see from Apple. The world is becoming more and more dependent upon technology, and thus industries have to adapt with the times. One huge asset of technology is the speed at which it gives us all data. No matter how silly or serious it is, information is readily available at the touch of a screen. You can get the latest viral YouTube video sent to you in the same amount of time it takes to look up cancer symptoms. This principal is present in the world of real estate. Brokers and investors can quickly

The Pan-African finance institution – Shelter Afrique exclusively supporting the development of the housing and real estate sector in Africa has received an $8.2million injection of equity by the African Development Bank. This news comes in the wake of the financier revealing a $25 million deal with the Islamic Development Bank and announcing a new strategy to dramatically increase its capital base. In a statement released by the African Development Bank, the injection is meant to strengthen its balance sheet and help achieve its objective of providing quality affordable housing in Africa. The statement further highlighted the confidence the bank had in the future of the continent and the implications it had for housing; the statement reads:

Ooni As Lagosians await the implementation of the State’s policy that proscribed Omo-Oniles, divergent views have continued to becloud the activities of the traditional land owning families. For His Imperial Majesty, Ooni of Ife, Oba Enitan Adeyeye Ogunwusi, the Ojaja II, those traditional land-owning families, whose titles have been established on their landed property, governments at all level should continuously engage them whenever they want to acquire their land. Similarly, real estate professionals, who noted that, although the Land Use Act confers the ownership of land on the governor, the governments cannot afford to push aside the traditional land owners in their quest to take over their landed property. Series of controversies had arisen between Omo Oniles and most often, the end-users, who after buying their landed property either from governments or private individuals, have been forcefully hindered to take physical possession. Sometimes, the imbroglio, lead to ma...

Governor Rochas The Nigerian retail sector is taking a big leap forward, with the unveiling of Owerri Mall in the Imo State capital – courtesy of a South African-based property developer – Resilient Africa. The property, located at Egbu Road, housing 45 trading outfits including Shoprite was commissioned last week by the Imo state Governor, Rochas Okorocha. The project was in partnership with Messrs Somachi Investment Limited, a company owned by the Chairman of Owerri Mall Development Company, Herbert Chikwe, which provided the land, and Messrs Terrestria Group, Median group and Tidllock group. Sitting on 9,950 square meters of land, the total cost of construction was $44 million. Shoprite is the Anchor tenant with a ground land area of 3,500square metres and has also commenced trading activities.