The Group Chief Executive Officer, Broll Property Group, Malcolm Horne, has expected that the African actual property marketplace might normalise and get better to pre-Covid-19 degrees through Q1 2023. He said this at some stage in a keynote address ‘at the actual property marketplace withinside the subsequent decade’ on the African Property Investment summit 2021. The API Summit is a platform that...

The Estate Surveyors and Valuers Registration Board of Nigeria has advised practitioners to hone their expert abilities as they may be vital to the revival of the nation’s financial system. A declaration issued with the aid of using the board stated the chairman, Gersh Henshaw, made the decision on the annual gathering of property surveyors and valuers in Rivers State. According to him, the vicinity...

Senator Rochas Okorocha addressing Imo West, might be in a tough situation after Governor Hope Uzodinma of Imo State charged the recently introduced Implementation Committee of the White Paper On Lands And Related Matters. Currently a High Court in Owerri, the state capital, has requested "last and outright" relinquishment of challenged properties connected to Okorocha, recent legislative head of the...

The Real Estate Developers Association of Nigeria (REDAN) has praised the central government's moves to speed up the speed of changes in the lodging area by means of the National Housing Funds (NHF). The minister of Works and Housing Babatunde Fashola had before focused on the need to make National Housing Funds that engineers can access at a sensible rate to decrease lodging shortage in the...

The Executive Director, Saber Works, Services, Kayode Fagbadebo, has encouraged the Central Bank of Nigeria (CBN) to make additional financing windows to guarantee that players in the land area have various alternatives of getting assets to drive interests in the area. Fagbadebo, who uncovered this in Lagos during the revealing of a brand minister of the organization noticed that administration has a...

Kano State government, in its work to checkmate the development of scoundrels escaping from different states into its towns, has coordinated that no landed property (house or land) ought to be leased or offered to any individual or gathering without earlier due reference to and freedom by the region head or his authorize delegates. This was similarly as the mandate advised land specialists not to...

The organizer of the Afe Babalola University, Ado Ekiti (ABUAD), Chief Afe Babalola has announced that administration alone can't support wellbeing foundations in the nation, asking the administration of such associations to search internally for inside produced income to help subsidizing. He additionally lamented the significant expense of imported clinical gear in the country, particularly...

Albeit 2021 looks encouraging for the real estate and lodging area in Nigeria, there are still a few difficulties confronting the area. From moderate monetary development, decrease in the business, retail, and private fragments, which contrarily affected the area's commitment to GDP and profits from speculation, to absence of clearness and straightforwardness in the administrative climate, combined with...

Fast development in Nigeria's economy has brought about similarly quick development popular for real estate. In any case, the new happenings on the planet; that is the pandemic, have influenced the Nigerian economy, thusly influencing the real estate market all the while. The Nigerian real estate market over the most recent couple of years has quickly extended and is recording dramatic development;...

In tough times, it can be hard to see a clear path forward – and the current environment can only be described as tough. Plummeting property prices. The potential for negative equity. Everchanging government policies. A difficult credit market. Tightening home loan criteria. Struggles with refinancing, while coping with interest-only loans turning to principal and interest. A slowing economy and an...

Are you aware that most real estate agents will never be successful? Year-after-year, statistics indicate that 93% of the deals are done by only 7% of the agents? Let’s re-word it to make sure it sinks in: 93% of the agents out there are literally fighting over the remaining 7% of the business. Really! It shouldn’t be that big of a surprise to hear that there’s such a high turnover of real...

At the annual Investment Meeting in Dubai, United Arab Emirates, on April 8, 2019, President Muhammadu Buhari met with investor groups and invited them to come to Nigeria and invest. Among them was the Lulu Group, which operates a chain of supermarkets and shopping malls in the Middle East and Asia. Regarding the real estate business, the meeting was attended by the Rotana hotel chain, which was...