Analysts Optimistic Over Real Estate Investment Trusts

Bolaji Edu, Broll Nigeria CEO Lagos – Despite underdevelopment of the Nigeria’s Real Estate Investment Trusts (REITs) market, experts within the nation’s financial sector have expressed optimism, saying there are great potential for growth. But, according to them, Nigeria’s REITs would only become more eventful and impactful on the nation’s economy, if both Federal and state

Infrastructure: ‘FG needs unusual technique to raise N3trn’

The Nigerian National Petroleum Corporation (NNPC) has attributed the lingering fuel queues rocking Nigeria to porous borders and syndicates in cross-border petrol smuggling. ADEOLA YUSUF looks at this new twists, seen as a major indictment for the Nigerian Customs Services (NCS).     Dr. Maikanti Kachalla Baru, Group Managing Director of NNPC, had anticipated and

Real estate’ll be investors’ hub this year – Experts

Maureen Ihua-Maduenyi Experts have identified the real estate industry as one of the potential revenue drivers for the country’s economy this year. This, they based on the industry’s performance so far as well as outlook for the rest of the year, adding that though the economy fell into recession in 2016, the exit from recession

Nigeria’s Real Estate Investment Trust market worth $151 million

The globally recognised real estate-focused West African Property Investment (WAPI) Summit, which recently took place between the 28th and 29th of November 2017 provided delegates with insight into a real estate sector that is set to rebound strongly in 2018. During the summit, two of the continent’s foremost real estate analysts presented a collaborative white

Nigeria’s real estate investment market slows on ambiguous taxes, mispricing

The Nigerian real estate investment trust market is bogged down by a lack of assurance on ambiguous ‘tax pass through’ laws, that have not provided comfort to institutional investors, both local and foreign, as well as a traditionally opaque market, which has resulted in mispricing and undermining confidence in real estate assets. These were the

Analysts Predict Bullish Future for Nigeria’s Real Estate Investment Trust (REITs) Market

The globally recognised real estate-focused West African Property Investment (WAPI) Summit (www.WAPIsummit.com) which recently took place between the 28th and 29th of November 2017 provided delegates with insight into a real estate sector that is set to rebound strongly in 2018. During the summit, two of the continent’s foremost real estate analysts presented a collaborative

Marriage of art, real estate and interior design at FREIA’s Next Frontiers

By Japhet Alakam It was another boost for the art industry as Luxury Villas Group (LVG), the multi award winning full-service, luxury real estate brokerage and Lifestyle Company recently, hosted the inaugural edition of a future forward event, branded FREIA, an acronym for: Fusion of Real Estate, Interior Design and Art. The event, themed: ‘Next

Cocoon Homes Sponsors the 2017 Lagos City Criterium

…promotes cycling in Nigeria November, Lagos, Nigeria – Innovative Real Estate Company and developers of the Cocoon Atlantic Estate – Cocoon Homes Ltd, has partnered with the Sustainable Cycling Foundation of Nigeria as a key sponsor for the 2017 edition of the Lagos City Criterium. The Lagos City Criterium is a competitive cycling tournament around

2018: Stakeholders anticipate more liquidity for real estate transactions

As the year preceding the 2019 general elections, real estate professionals are optimistic that 2018 will be a better year for the industry, MAUREEN IHUA-MADUENYI writes For real estate investors, 2017 was a gloomy year as many projects were stalled, transactions almost non-existent and many construction workers lost their jobs. They have, however, expressed optimism

Rebirth of Nigeria’s Real Estate Industry

The ‘Fusion of Real Estate, Interior Design and Art’ (FREIA) event, held recently was an auspicious event with a changing narrative for Nigeria’s real estate industry, writes Ferdinand Ekechukwu In any economy, when cerebral, successful minds come together to discuss their industry’s future growth, the expected outcome is usually something grand. This was the result