HOW RISING COSTS IS TURNING SHORT-LET APARTMENTS LANDLORDS TO TENANTS

Increasingly, suppliers or landlords of short-let apartments in the Nigerian real estate sector are turning into tenants over operational costs as reflected in the soaring price of diesel and high exchange rates.

Heavy rainfalls: Lagos set to demolish buildings on drainage alignments, warn owners to relocate

The Lagos State Government has announced that many buildings that have infringed on drainage alignments in Mende, Maryland and Aboru in Alimosho, may soon be demolished.

FG solicits $400 million investment from the private sector  to complete the millennium tower in Abuja

The Federal Government of Nigeria has appealed to the private sector investors to invest $400 million required to complete the Millennium Tower and Cultural Centre (MTCC) in Abuja.

Residential real estate in Oluyole; Ibadan’s industrial hub

is a renowned middle-income neighbourhood located in Ibadan, Nigeria. The area is bordered by Apata in the North, Elebu in the South West, Challenge in the South East, and Iyangaku in the East.

Is Real Estate a good hedge towards inflation in Africa’s real estate?

This was the running poll during our research meeting this week. Amidst an array of yes and nos, the team unanimously agreed that the answer was not so straightforward.

FCTA to recover N29 billion ground rent debts from property owners in Abuja

The Federal Capital Territory Administration (FCTA), has kicked off steps to recover outstanding ground rents of N29 billion owed to the administration by property owners in Abuja.




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