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Luxury Real Estate Outlook in Nigeria Remains Positive.

It is a welcome development that the Lagos State Government is putting various mechanisms in place to checkmate and monitor real estate projects and practitioners in the state. In recent years, there have been so many cases of fraudulent activities which do not portray the real estate sector well in Lagos. There is the need to eliminate impostors, fraudsters, sharp practices connected with persons who claim to be real estate developers but whose sole objective is to defraud Lagosians. The Lagos State Real Estate Regulatory Authority law has the mandate to monitor and sanitize the industry.

As a professional, what can be done in the short and longrun to reduce Nigeria’s housing deficit? 

I have been hearing about the Nigeria housing deficit for over 10 years now. Recently, I heard it was 22 million and it doesn’t seem to be abating, rather it seems to be escalating. So, at Cavalli Business & Investment Group, we have massive projects where we have several housing units, and we try to help the market with our projects. We try to do projects where people pay in installments up to like three years or more. We also try to make our projects affordable and we always come up with the best prices. We believe that this will go a long way in closing the gap. We are also reaching out to the state government and also the Federal Ministry of Housing in Abuja for partnership and see how we can close this gap. We understand that it is always not so easy for private developers to do so much when it comes to social housing without government input and it should not stop at the process of giving land to the developers. We have the Federal Mortgage Bank of Nigeria and the Nigeria Mortgage Refinance Company; these organs of the government have to work in much better ways to encourage private developers like us. We are doing a lot already, but we need to do so much more because the housing deficit is growing and our population is growing as well.

Talk us through the projects of Cavalli Group and its subsidiaries

Cavalli Group is a holding company for different sub corporations. Its major sectors are Real Estate, Facility Management, Construction, Infrastructure and Energy. Cavalli Group is majorly into the business of sales and development of luxury homes and apartments within Lagos in particular and Nigeria in general. The group has gathered a lot of experience in the construction of luxury homes and apartments through our wide range of luxury homes portfolio- from small apartment buildings, mixed-use buildings, terrace houses, high-rise apartments. As a group, we are committed to client’s satisfaction, quality workmanship and best service delivery. We have the following members namely: Deluxe Residences is an urban real estate development, investment and management firm which focuses on luxury residential apartments in upscale locations.

Global Property Partners (GPP) as a member which specializes in the acquisition, development and management of commercial properties. GPP developments range from office, retail, industrial and mixed-use developments. Cavalli Projects & Designs is an engineering construction company with vast experience in delivering engineering projects across Nigeria. CPD provides designs, engineering, construction and maintenance of civil works. J&B Facility Management is a leading full-service facility management and smart integrated property company with a fast growing portfolio in real estate assets management services.

Cavalli Group aligns more to the luxury real estate sector in Nigeria. What informs this strategy and what are the gains? As a group, we apply the knowledge that we have gathered over the years in the luxury real estate space to acquire real estate in areas that have substantial upside appreciation potential. Luxury developments have key factors which include location, design, space, comfort and the amenities. As a leader in the industry, we cover all these aspects in the projects we develop and deliver.

We take pride in our abilities to locate and acquire economically sound high yield investment and development properties. We have built a strong reputation of offering affordable luxury housing and we are being measured by the sustainable business value we offer our stakeholders. These have helped us in achieving optimum results in the marketing and sales of all our developments.

Compared to the global scene, how will you rate the luxury real estate market in Nigeria? 

The investment rationale of owning luxury real estate remains attractive and has continued to grow. There is a significant boost from the increasing number of wealthy individuals who seek to own multiple luxury homes. Even with the Impact of the Covid-19 pandemic, many individuals saw the need for better serviced homes with access to facilities that encourage work from home (WFH) policies such as steady power and Wi-Fi connections. The rise of insecurities is also driving

the demand of more home seekers to look for homes in secure, well gated environments. The expectations of home buyers are very much matched to that of global standards. Many developers are aware of the needs of these millennial, as we have a lot of buyers from Nigerians in the Diaspora who are keying more into real estate investment opportunities due to the gains of the dollar over the naira. The luxury real estate market in Nigeria has continued to grow both from the supply of developers who are stepping up with offerings that match the demand and expectations of the end users. The Luxury real estate outlook remains positive.

What are the challenges Cavalli Group is encountering operating in the real estate sector in Nigeria? 

Apart from the issue of access to land, especially from the government, getting titles like Certificate of Occupancy, Governor’s Consent for subsequent transactions and some other things has really affected the housing sector in Nigeria. We have this bureaucratic bottleneck, and it slows down the processes. The processes are good, but they are not meant to frustrate people, are they? And then again, access to finance for both the developers and the end-users. For the developers, it is always there; at least every developer is always out there trying to look out for funds for projects. Then the end-users, there’s National Housing Fund (NHF) but I will say it should be strengthened and expanded. The population we have in Nigeria is tending towards 200 million right now, so when you have such organizations working to cater for housing for this number of people, then their capacity needs to be enlarged. There must be bridging of gaps in getting finances to the end-users, so they can get loans and get mortgages with a single-digit interest rate.

There is a dearth of facility management culture in Nigeria with an increasing situation of completed projects rotten away after a few years of completion. What are you doing differently? 

The issue of facility management is indeed a serious problem in our country. Many national and private monuments that were once the pride of Nigeria are today standing in almost total ruins. We must imbibe the maintenance culture, and this is important that it is included in the project design, execution and delivery phases. At Cavalli Group, we have the J&B Facility Management arm which is a leading full-service facility management and smart integrated property company with a fast growing portfolio in real estate assets management services. J&B Facility Management have all the expertise and requisite experience to manage and maintain all kinds of projects in compliance with the global available standards.

In terms of global standardisation, what advice will you give to government, stakeholders and operators in the Nigerian property and infrastructure industry? 

We currently have strong policies regulating the industry but what is really expected of the government is to ensure implementation and continuous support of the various stakeholders in terms of reducing the bureaucratic bottlenecks associated with access to lands, C of O and other necessities. For operators, we must adhere strictly to professional ethics and create satisfying value to end users.

Tell us about yourself

I had my first degree at Obafemi Awolowo University (OAU) where I studied English and Literature. I had my MBA at London School of Business and Finance (LSBF). I also participated and completed the Chief Executive Programme at the Pan-Atlantic University (Lagos Business School) and IESE Business School of the University of Navara in Barcelona, Spain. Although I grew up in a real estate environment, I did not start out my career in real estate.

I worked briefly at the presidency in Abuja and also with a private sector organization in Abuja. My uncle who I was with in Abuja is an engineer and he was part of the people that built Abuja in 1985. From 1991, I started travelling to Abuja and when I graduated, I had my youth service there.

I left Abuja after working briefly for about two to three years and moved to Lagos. In Lagos, I was living with my cousin who was also into real estate and construction. I worked with him for a while and eventually, I had to branch out. Prior to that time, right in Abuja, I was supervising some projects but not really on full time because as at that time, I had not made up my mind that I was going into real estate. When I am off work during the evenings, I try to play golf at Ikoyi Club where I am a member. I also watch a lot of football. I am a Chelsea fan.

Source:Thisdaylife.com

 

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A new report released by the Ikeja branch of the Nigerian Society of Engineers (NSE) has revealed a...

a year ago Read More

The Association of Private Practicing Surveyors of Nigeria has expressed worries over alleged...

a year ago Read More

The Lagos State Government has introduced modular building systems such as containerised material...

a year ago Read More

Apparently, to ensure collaboration in the delivery of affordable housing for low-income earners,...

a year ago Read More

Experts have urged professionals in the real estate industry to take advantage of existing...

a year ago Read More

To avert pitfalls in project delivery, the Nigerian Institute of Quantity Surveyors (NIQS) has...

a year ago Read More

After months of lingering legal tussles that ended at the Federal High Court over the powers of the...

a year ago Read More

Plans are underway by the Federal Housing Authority (FHA) and Hongye Group to develop a green smart...

a year ago Read More

PWAN Plus, owners of Cedarwood Luxury Estate has handed over keys of three bedroom terraces and...

a year ago Read More

A Nigerian real estate consultancy firm, Overland Properties Limited, has announced plans to...

a year ago Read More

The Resource Centre for Human Rights & Civic Education (CHRICED) has been awarded a grant from...

a year ago Read More

The Chief Executive Officer (CEO) of Rock Realty Limited, Ibukun Adebayo-Adedayo has played a big...

a year ago Read More

On the heels of the relocation of saw millers at Okobaba to Agbowa-Ikosi site, the Lagos State...

a year ago Read More

The Lagos State Building Control Agency (LASBCA) has decried illegal development and encroachment...

a year ago Read More

A two-story building under construction in a Lagos community collapsed on Tuesday, killing its...

a year ago Read More

• Want owners of vacant properties in FCT, others investigated• Urge scrutiny on...

a year ago Read More

Experts in the real estate sector have urged the government to introduce policies that would...

a year ago Read More

For more than a year now, the housing market has been a perfect storm for sellers, but the winds...

a year ago Read More

Four years ago, when Nigeria first suffered a major currency crisis, Chukwuemeka decided it was...

a year ago Read More

Towards increasing housing delivery, experts have reiterated need for enabling environment and...

a year ago Read More

Apparently, to stave off rising cost of cement in the building material markets, contractors and...

a year ago Read More

Ahead of selecting a contractor for the multi-billion-naira Fourth Mainland Bridge project, the...

a year ago Read More

The real estate industry has undergone a lot of changes since Liz Moore began her career in 1984....

a year ago Read More

The Federal Government has advised estate surveyors and valuers to always have the interest of...

a year ago Read More

Following the Federal Executive Council (FEC) approval for the resumption of the Federal Capital...

a year ago Read More

The Lagos State Government plans to de-risk the housing and mortgage sector, unlocking its...

a year ago Read More

MKH Investment Limited, one of the fastest-growing real estate companies in Lagos, has extended its...

a year ago Read More

The Oyo State Governor ‘Seyi Makinde has commenced the payment of Land Use Charge by paying...

a year ago Read More

• Average prime rents up by 20% in Q1 2021• Prime office yields 8%, driven by pent up...

a year ago Read More

The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has called for the urgent...

a year ago Read More

Beyond the glitz and glamour that surrounds the main FCT metropolis lies some upcoming but relative...

a year ago Read More

Nearly half of Africa’s population could face a future of widespread drought, hunger and mass...

a year ago Read More

Participants at a forum organised by the Nigeria Erosion and Watershed Management Project (NEWMAP)...

a year ago Read More

Although first announced in 2015 as the “Faith Theatre”, the ongoing Winners...

a year ago Read More

Recyclan, in partnership with the Lagos State Ministry of Environment and humanity Nigeria, is...

a year ago Read More

Despite the pandemic, African interest in property abroad did not drop in 2020. Conversely, it grew...

a year ago Read More

The article, on The Guardian property page of Monday, June 7, 2021, titled Federal Secretariat,...

a year ago Read More

Enugu State Government has said it is determined to provide shelter for prospective homeowners in...

a year ago Read More

Despite the job losses and salary cuts caused by Covid-19 pandemic which prevented many home...

a year ago Read More

Poised to achieve comfort in buildings, experts have stressed the need for professionals in the...

a year ago Read More

Concerns have continued to mount over the abandonment of Federal Government buildings in Lagos, the...

a year ago Read More

The opportunities created amid the COVID-19 pandemic has raised optimism that the residential,...

a year ago Read More

The growth of the Nigerian Real Estate sector in 2021 was the focus of experts and analysts at the...

a year ago Read More

To mitigate the impact of climate change and improve environmental sustainability in Lagos, the...

a year ago Read More

A mortgage deal in HELIU Residences supposed to make civil servants in Enugu State Government...

a year ago Read More

To boost investors’ confidence, the Lagos State Government has inaugurated a 16-man Technical...

a year ago Read More

When iBuyers pushed the “pause” button in March as a result of market conditions and...

a year ago Read More

Every economic and political factor in Nigeria indicates that the Real Estate ecosystem can only...

a year ago Read More

Former President, Nigerian Institute of Architects (NIA), Chief. Charles Majoroh has called for the...

a year ago Read More

Babajide Odusolu is the former Managing Director, Ogun Property Investment Corporation (OPIC) and...

a year ago Read More

A fresh 30-year concession for the redevelopment of Tafawa Balewa Square (TBS) located in Marina...

a year ago Read More

Homes in Nigeria come in various styles, forms, and shapes — from mansions to bungalows to...

a year ago Read More

Lagos is known for its exuberance and The Double H was established with that in mind. The African...

a year ago Read More

The Lagos State government has completed negotiations with its Ogun State counterpart on ceding...

a year ago Read More

Expectations were high at the weekend as professionals submitted proposals for the consultancy...

a year ago Read More

About 28 years after it was abandoned, Nigeria’s primary centre for the performing arts...

a year ago Read More

Fresh building blocks were again laid recently in Lagos, unto Nigeria mortgage finance sub-sector,...

a year ago Read More

• Over N250b received by housing ministry• Housing agencies exonerate selves from poor...

a year ago Read More

With inflation trend rising, experts are foreseeing an increase in rent and property values...

a year ago Read More

A Property owner, Mr. Stephen Ugochukwu, has sent a save-our-soul message to the Lagos State...

a year ago Read More

This insinuation far from the truth, says officialMrs Titi Akinlowo’s dream was to have a...

a year ago Read More

The eerie silence and emptiness at the large reception hall of the imposing four-storey...

a year ago Read More

More than a month after building regulations agencies were notified about a structure under...

a year ago Read More

As inflation continues to spiral, major building materials markets in some parts of the country...

a year ago Read More

As part of its promise to guarantee increased investments in the real estate sector, Novarick...

a year ago Read More

 A tripartite agreement that will yield 1,000 affordable housing units in Enugu State has been...

a year ago Read More

The Lagos State Government has awarded reconstruction and upgrade of three roads in Lagos Island...

a year ago Read More

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) said over 90 per cent of land in...

a year ago Read More

The numbers: The construction industry’s confidence rebounded in April, according to...

a year ago Read More

As Lagos State Government prepares for the first phase construction of a 37-kilometre rail project,...

a year ago Read More

To mitigate the nation’s housing deficit, a real estate firm, the COPEN group has indicated...

a year ago Read More

The Infrastructure Concession Regulatory Commission (ICRC) has said, the proposed Jabi Lake project...

a year ago Read More

More than 930 million tonnes of food sold in 2019 landed in waste bins, according to a new UN...

a year ago Read More

 The emerging battle to wade off private developers and investors from constructing...

a year ago Read More

To mitigate climate change effects and ensure environmental sustenance, the Lagos State...

a year ago Read More

Dr. Omoayena Odunbaku is the UN-Habitat’s Human Settlement Officer in charge of...

a year ago Read More

Legal battle over the regulation of real estate transactions in Lagos state is expected to move to...

a year ago Read More

Osborne Foreshore Estate residents have contested moves by Lagos State Government to convert area...

a year ago Read More

Poised to address the dearth of skilled labour, the Federal Government has pledged to resuscitate...

a year ago Read More

Substandard steel products are being sold in major building materials in the country, especially in...

a year ago Read More

Contractors handling the Abuja mass housing project in Zuba are in dilemma over the inability of...

a year ago Read More

The Federal Government has inaugurated the second Governing Council of Hydrocarbon Pollution...

a year ago Read More

International Finance Corporation (IFC) has given a green building certification to Lekki...

a year ago Read More

The Nigerian Institute of Architects (NIA), has expressed worry over the relegation of built...

a year ago Read More

Fresh concerns loom large in the real estate sector, as operatives are apprehensive that housing...

a year ago Read More

The recent sharp rise in interest rates is now taking a toll on mortgage refinance demand, as the...

a year ago Read More

Lagos State Environmental Protection Agency (LASEPA), has charged accredited consultants to be more...

a year ago Read More

With 75 per cent shortfall in Nigeria’s home ownership, industry experts have urged first...

a year ago Read More

Olaposi Lawore is the Managing Director of Dynasty Real Estate (DRE). He has a passion for...

a year ago Read More

Ministers of the environment and other leaders from more than 150 nations, last week, concluded a...

a year ago Read More

After last year’s unpredictability, hopes are high for Nigeria’s real estate as the...

a year ago Read More

Given the challenges facing the real estate industry, valuers have urged the Federal Government to...

a year ago Read More

Piqued by the low contribution of the construction sector to the national Gross Domestic Product,...

a year ago Read More

In a bid to contribute to the economic growth and prosperity, Novarick Homes, a property...

a year ago Read More

In a bid to contribute to the economic growth and prosperity, Novarick Homes, a property...

a year ago Read More

When the first case of the coronavirus pandemic was discovered in Nigeria, there was apprehension...

a year ago Read More

The Nigerian Association of Resident Doctors (NARD) has commenced its housing project in Anambra...

a year ago Read More

Former urban dwellers who have fled to quieter, smaller towns during the pandemic may find...

a year ago Read More

Towards repositioning Nigeria as a tourism destination, the Africa Nature Investors (ANI)...

a year ago Read More

As businesses begin to emerge from the COVID-19 crisis, many of those whose operations were...

a year ago Read More

The question of whether or not Enugu State Commissioner for Lands and Urban Development,...

a year ago Read More

Britain’s luxury property market swelled in 2020, as an increasing number of homes joined the...

a year ago Read More

Martin Dada is a professor of building at the University of Lagos. He spoke to VICTOR...

a year ago Read More

Better days seem ahead for housing finance in the country, following the listing of the Nigerian...

a year ago Read More

An unprecedented scale of valuation jobs might have been thrown up for estate surveyors and...

a year ago Read More

The nation’s apex mortgage bank has announced a technology-driven system that would help...

a year ago Read More

The outbreak of the pandemic across the globe and its ravaging effects in Africa-particularly...

a year ago Read More

Despite the place of shelter in the Maslow’s hierarchy of human needs, housing delivery in...

a year ago Read More

To address contentious areas of the Surveying Council of Nigeria (SURCON) Act, and ensure lasting...

a year ago Read More

Dangote Group, a Nigerian multinational industrial conglomerate has completed the...

a year ago Read More

The Housing Development Advocacy Network (HDAN) has cautioned dubious developers operating in the...

a year ago Read More

Notwithstanding its below-average performance in 2020 occasioned by government inability to pay...

a year ago Read More

The Kebbi State Governor, Senator Atiku Abubakar Bagudu, has revoked the contract for the...

a year ago Read More

A Lagos-based real estate Company, Property World Africa Network (PWAN Group) has said its new...

a year ago Read More

Borno State Governor, Babagana Zulum has laid the foundation for the construction of...

a year ago Read More

  Notwithstanding the poor performance of the real estate sector last year, occasioned by...

a year ago Read More

As the world has been ushered into the year 2021 and as the COVID-19 looms ahead after the second...

a year ago Read More

Notwithstanding the poor performance of the real estate sector last year, occasioned by the...

a year ago Read More

The Federal Capital Territory Administration (FCTA) has warned the six area councils against...

a year ago Read More

The Lagos state commissioner for Physical Planning and Urban Development, Dr Idris Salako disclose...

a year ago Read More

The Nigerian Real Estate Market half-year report, released by Northcourt, a real estate advisory,...

a year ago Read More

Nigerians are not amused by the seeming politicisation of safety of lives and property of citizens,...

a year ago Read More

Despite uncertainty in the housing sector, worsened by rising inflation in the country, a...

a year ago Read More

Anthony Aihie is the Managing Director/Chief Executive Officer, Design Union Limited, a...

a year ago Read More

A five-member gang of serial real estate scammers, who were about to fraudulently lease out someone...

a year ago Read More

The Association of Estate Agents in Nigeria (AEAN), an affiliate of the Nigerian Institution of...

a year ago Read More

The third decade of the 21st century opened up to a world that has been forced into a sharp...

2 years ago Read More

There is palpable fear as the federal government has commenced the process of recovering about 149...

2 years ago Read More

This was disclosed by the Lagos Commissioner for Finance, Dr Rabiu Olowo, on Wednesday. According...

2 years ago Read More

 The National Economic Council (NEC) in a virtual meeting presided over by the Vice President,...

2 years ago Read More

As the downturn from coronavirus pandemic squeezes the economy, higher-end and luxury real estate...

2 years ago Read More

With a population of over 200 million, Nigeria’s major cities are groaning under housing...

2 years ago Read More

As some retail and e-commerce firms are increasing operations to meet customers’ necessities...

2 years ago Read More

The President, Architects Registration Council of Nigeria, Sir Oladipupo Ajayi, says...

2 years ago Read More

As the coronavirus continues to spread, there is fear and trepidation in the air among the real...

2 years ago Read More

The International Planning Associates (IPA) was commissioned in June 1977, by the Federal Capital...

2 years ago Read More

A human rights lawyer, Mr. Femi Falana, has pledged his support towards addressing the menace of...

2 years ago Read More

As Nigeria’s housing shortfall rumbles on, the impact of Real Estate Investment Trusts as...

2 years ago Read More

Haven Homes, a real estate developer, has partnered Seso Global, a property sales and marketing...

2 years ago Read More

Ex-Nigerian international (footballer), Joseph Yobo, says to reduce the country’s housing...

2 years ago Read More

As Nigeria’s housing shortfall rumbles on, the impact of Real Estate Investment Trusts as...

2 years ago Read More

The Federal Government has completed 2,500 housing units in 34 states, the Minister of Works and...

2 years ago Read More

The International Facility Management Association, Nigeria Chapter and Applied Engineering...

2 years ago Read More

The Chairman, Sparklight Property Development Company, Chief Olutoyin Adeyinka, has said the...

2 years ago Read More

The slow down in Nigeria’s real estate industry has been blamed on oversupply in the...

2 years ago Read More

The Majority of African countries are facing a housing crisis as a result of high population...

2 years ago Read More

Real estate investors in the Lekki area of Lagos State have decried the distortion of the master...

2 years ago Read More

The Women Association of Quantity Surveyors in Nigeria has called on the government and private...

2 years ago Read More

Worried by Nigeria’s huge housing deficit estimated at 17 million units and more than N59...

2 years ago Read More

Property developers have called on the federal and state governments to provide the required...

2 years ago Read More

The President of the Real Estate Developers Association of Nigeria (REDAN), Rev Ugochukwu Chime has...

2 years ago Read More

Nigeria’s first and biggest independent real estate network marketing firm, Adloyalty...

2 years ago Read More

The Ogun State Government says it will soon begin to revive some of its major old towns by giving...

2 years ago Read More

Stakeholders in the real estate industry have said Nigeria can solve its housing deficit challenge...

2 years ago Read More

The President of the Real Estate Developers Association of Nigeria (REDAN), Rev Ugochukwu Chime has...

2 years ago Read More

 Residents seek intervention over alleged land conversionHopes of subscribers in the...

2 years ago Read More

Dubai Government initiatives, including the formation of a new real estate committee to regulate...

2 years ago Read More

The Chief Executive Officer of Cielo City Estate, Mr. Damilola Ogunyemi, has said Nigeria’s...

2 years ago Read More

Stakeholders have commenced a process to address the problem of data collation that has been a...

2 years ago Read More

The National Assembly has written to the Nigeria Institute of Building, expressing its concern over...

2 years ago Read More

Nura DanMusa is a certified architect from the Eastern Mediterranean University (EMU) Cyprus, and...

2 years ago Read More

According to the provision of section 4 (1) (e) of the FCT Act, the FCDA is charged with the...

2 years ago Read More

Except for the Federal Government and private developers focus more on the production of homes for...

2 years ago Read More

REMI MAKINDE is a former president of the Nigerian Institute of Town Planners(NITP). He spoke to...

2 years ago Read More

The Presidency has said the sale of over 1,094 housing units completed by the Ministry of Works and...

2 years ago Read More

A past president of the Africa Union of Architects, Tokunbo Omisore, says with the increase in...

2 years ago Read More

Emerging Homeland Development Limited, developers of Silver Spring Residence, has said the Ibeju...

2 years ago Read More

  The Lagos State Governor, Mr. Babajide Sanwo-Olu, has said his administration...

2 years ago Read More

Lagos State Government has collaborated with Architects Registration Council (ARCON) by raising a...

2 years ago Read More

Kano state government has expressed readiness to key into the National Housing Scheme to...

2 years ago Read More

he Refined Investor Series 2020 promises to provide actionable insights for Real Estate Investors...

2 years ago Read More

Better days are ahead for property developers and investors as residential vacancy rate has...

2 years ago Read More

The complex is designed to reduce paperwork in most official dealings as all offices will be able...

2 years ago Read More

Worried by the alarming rate of Nigeria’s housing deficit, a property investment...

2 years ago Read More

Lagos State Commissioner for Physical Planning and Urban Development, Dr. Idris Salako (left)...

2 years ago Read More

The Minister of Works and Housing, Mr. Babatunde Fashola,  said the ministry would soon...

2 years ago Read More

President, International Real Estate Federation, FIBACI-Nigeria, Adeniji Adele (Left), FIBACI...

2 years ago Read More

Despite the critical role of shelter to human survival, availability of housing units for a...

2 years ago Read More

ELENA PANARITIS is the Founder and Chief Executive Officer of Thought Action and guest speaker at...

2 years ago Read More

The shelter is recognised as a basic human right, however, due to the high cost of building...

2 years ago Read More

FESADEB Communications Limited, a leading brand in the Nigerian housing and Public Relations...

2 years ago Read More

Worried about possible exclusion from completed Federal Government Housing schemes, contributors...

2 years ago Read More

Abandoned to fate by successive governments, the ancient city of Badagry has been bereft of any...

2 years ago Read More

Charters Cities Institute, a non-profit organization dedicated to building the ecosystem for new...

2 years ago Read More

Despite the lull in the property market, a new report says the country’s real estate...

2 years ago Read More

Eggheads in the nation’s real estate sector have predicted a marginal growth in the sector...

2 years ago Read More

The United Kingdom housing market may bounce back in 2020, now that there is less uncertainty...

2 years ago Read More

Northcourt Real Estate will host the Nigeria Real Estate Market Outlook Breakfast meeting and...

2 years ago Read More

With the accelerated development-taking place on the Lekki corridor, investors and developers...

2 years ago Read More

House sales in major cities in the United States are expected to nosedive in 2020, thereby...

2 years ago Read More

The Federal Government has been urged to keep off from direct construction of housing and...

2 years ago Read More

The Society for Professional Valuation, (SPV) has called on Nigeria’s anti-corruption...

2 years ago Read More

Experts in real estate business have called for concerted efforts aimed at attracting Nigerians in...

2 years ago Read More

Nigeria’s luxury real estate market has taken a beating lately due to several fundamentals,...

2 years ago Read More

Real Estate experts have canvassed the need for government to put in place policy that would compel...

2 years ago Read More

The Federal Mortgage Bank of Nigeria processed and disbursed a total of N75.5bn for 3,541 mortgages...

2 years ago Read More

The Chairman, Board of Trustee of the Society for Professional Valuation, Mr Sola Enitan,has said...

2 years ago Read More

Frank Okosun is the Senior Partner and Chief Executive Officer of Knight Frank Nigeria. In this...

2 years ago Read More

At a time when macroeconomic and political forces are aggravating the challenges of affordable...

2 years ago Read More

The hope of total recovery for Nigerian real estate in 2020 might not be in sight, as industry...

2 years ago Read More

Commercial banks’ credit to the real estate sector dropped by N122bn in the last one year,...

2 years ago Read More

Experts in the real estate industry have revealed that the next frontier that would redefine the...

2 years ago Read More

Experts have charged the managers of housing corporations and developers in the real estate sector...

2 years ago Read More

India is a country that houses more than 460 million internet users, making it the second-largest...

2 years ago Read More

The real estate industry’s potential to create jobs and boost economic growth has not been...

2 years ago Read More

As the momentum for housing delivery by private estate developers shifts away from the luxury...

2 years ago Read More

Permanent Secretary, Ministry of Housing, Mr Wasiu Adedamola Akewusola (left); Special Adviser to...

2 years ago Read More

The built environment has been fraught with challenges of collapse, quackery, substandard...

2 years ago Read More

Despite the reprieve promised by the Lagos government to property owners, professional groups and...

3 years ago Read More

Chairman, Royal Institution of Chartered Surveyors (RICS) Nigeria Group, Gbenga Ismail (left);...

3 years ago Read More

real Estate experts have canvassed the need for government to put in place policy that would compel...

3 years ago Read More

Many Nigerians are obsessed with Houses which is a reasonable thing as shelter is one of most...

3 years ago Read More

The business mogul said this at the 2019 Mo Ibrahim Forum. Dangote hinted that he avoids luxury...

3 years ago Read More

The most important thing that can boost access to homeownership and help Nigeria to bridge its...

3 years ago Read More

n the real estate investing business, real estate investors need to be familiar with the term...

3 years ago Read More

The Minister of Works and Housing, Mr. Babatunde Fashola, on Wednesday said the ministry would soon...

3 years ago Read More

To boost home ownership, experts in the real estate sector have called for holistic implementation...

3 years ago Read More

Small businesses and real estate investors are discovering that the new business landscape demands...

3 years ago Read More

Three years after the authorities finalised plans to embark on the redevelopment of Adeniji Adele,...

3 years ago Read More

To make Nigeria’s real estate sector more investable, and increase liquidity to drive greater...

3 years ago Read More

Except there is a reorientation on locations, design and foundation methodology in flood prone...

3 years ago Read More

The Lagos State Government has cautioned real estate developers in the state not to build without...

3 years ago Read More

The Lagos and Ogun state governments are in talks to control water released from the Oyan Dam which...

3 years ago Read More

A joint development commission that will foster a strong economic relationship between the Federal...

3 years ago Read More

A joint development commission that will foster a strong economic relationship between the Federal...

3 years ago Read More

Have you ever considered furnished apartments as a viable option during your search for an...

3 years ago Read More

Despite a rebound in some sectors of the economy, the property market has remained slow in...

3 years ago Read More

Landlords don’t just collect rent checks. Successful landlords must understand the law,...

3 years ago Read More

Landlords don’t just collect rent checks. Successful landlords must understand the law,...

3 years ago Read More

Ms. Leilana Fartha, UN Special Rapporteur on the Rights to Adequate Housing, on Monday advised the...

3 years ago Read More

The Nigeria’s luxury real estate market has taken a beating lately due to several...

3 years ago Read More

With the near completion of Dangote Refinery and projects like multi billion Alaro city , Sea port...

3 years ago Read More

After three years of house price falls, Nigeria’s property market is now stabilizing, mainly...

3 years ago Read More

CAPE metropolis – The modern global real estate and Transparency Index (GRETI) has shown an...

3 years ago Read More

Kylie Jenner these days grew to become 19 years vintage in a $50M condominium property, known as...

3 years ago Read More

The annual West African property investment (WAPI) Summit, the area’s most distinguished and...

3 years ago Read More

The Federal mortgage bank of Nigeria says it has invested over N197 billion to deliver over 26000...

3 years ago Read More

The housing market is on fire! Jonathan Smoke, our leader economist, describes it as the...

3 years ago Read More