Real Estate

As part of government’s effort to provide affordable housing units, the Ogun State Housing Corporation in collaboration with Shelter Afrique has concluded plans to provide a housing estate valued at N2 billion. The estate, which will be located at Kemta-Idi-Aba in Abeokuta, will house civil servants who are contributors to the National Housing Fund Scheme. The Corporation’s general manager, Arc. Jumoke ...

As the real estate industry in Nigeria braces up for more contribution to the nation economy, managing director of Alpha Mead Facility & Management Services Ltd. (or AMFacilities), Femi Akintunde, has charged facility managers in the country to position themselves as key drivers of the real estate sector. Akintunde made this statement at the fourth edition of the Nigerian Facility Management ...

Lagos-based estate valuer and legal practitioner, Solomon Olusola Fatoki, in this presentation a couple of weeks ago at a meeting of Archivers’ Table of Ikeja Club, examines the role of housing in national development, calling for a stable and enduring policy to address inherent challenges Next to food, clothing and security, housing is the next basic need to human beings ...

In furtherance of its bid to ensure home owners in the state regularised their landed property at a discounted rate, the Ogun State Government has distributed another round of 1,000 certificates of occupancy (C-of-Os), and approved building plans to landlords in the state. Distributing the C-of-Os at the Arcade Ground in Oke-Mosan, the governor, Senator Ibikunle Amosun, expressed his satisfaction ...

The Nigerian real estate industry is dynamic and clearly a rapidly growing sector currently yielding significant financial benefits for discerning individual investors, developers and institutional investors on a mid to long term basis. In addition, choice of properties and caliber of professionals in the industry are fast expanding. Propertymart Real Estate Investment limited, a leading player in Nigeria’s real estate ...

The Sub-Saharan Regional Pipeline Corporation, Ltd. (SSRPC) recently selected Louis Berger to provide $7.6 million in consultancy services for the rehabilitation of National Road N303 in Mozambique. SSRPC is investing $350 million to transform an approximately 350-kilometer-long narrow and unpaved carriageway into a modern road that crosses the Tete province and ends at the Zambezi River, where Mozambique, Zambia and ...

Minister of Lands, Housing and Urban Development, Mrs Akon Eyakenyi, in this interview addresses a range of issues related to her duty post, even as she lists achievements by government   What is the level of Federal Governments collaboration with the World Bank in the provision of affordable houses? Yes we have a good cordial relationship with the World Bank ...

Lafarge Africa Plc, a sub-Saharan Africa building solutions provider, and Shelter Afrique, a Pan-African housing and development institution, have signed a Memorandum of Understanding for the purpose of facilitating access to affordable housing for low income earners in Nigeria. The agreement which will commence with the development of identified sites at the Federal Capital Territory Abuja will be for an ...

With a myriad of laws and regulations to navigate, investing in property can seem overwhelming even on your home turf. This is even truer if you are looking to purchase real estate overseas, where everything from the local customs to the legal requirements will be unfamiliar. What are the laws international buyers are likely to encounter when hunting for real ...

Where are the up-and-coming real estate opportunities in 2015? When discussing investment opportunities for real estate, people normally think of cities such as London or New York. However, emerging cities across Africa are filled with opportunities for those looking to invest in property. Global property portal, Lamudi, has compiled a list of emerging investment hotspots across the continent, based on ...