Nigeria’s real estate market still presents substantial opportunities, as well as a number of challenges for property investors and developers. Undoubtedly, the creation of the FCT brought rapid economic growth with sudden influx of Nigerians from different parts hence overstretching infrastructure in the capital. Therefore, to bridge the huge gap in housing delivery, there is

Lagos Homes

Gated communities are residential neighbourhoods or housing estates with strictly controlled entrances that are often characterized by a closed perimeter of walls and fences. These communities come with their perks and in a boisterous city like Lagos, the importance of that extra quietude and privacy that gated communities offer amongst others are well worth striving

  Private sector, Ministries, Departments and Agencies (MDAs) at all levels of government have been called upon to collaborate with the Nigerian Institute of Building (NIOB) to meet housing needs of citizens. Besides, President of NIOB, Mr. Kenneth Nduka, called on governments at all levels to respect and enforce the unique roles of builders in

By Chinedum Uwaegbulam Towards improving the safety of civil servants and boost workplace productivity, the Federal Government and one of Nigeria’s real estate development company, Alpha Mead Development Company (AMDC) has signed a Memorandum of Understanding (MoU) to remodel the Federal Secretariat Complex, Phase II, Abuja. Coming as a Public Private Partnership (PPP) initiative, it

  Apparently impressed by the outcome of meeting with manufacturers of BUA and Dangote cement, the President of Real Estate Developers Association of Nigeria (REDAN), Ugo Chime, has assured developers and home builders to expect a reduction in the prices of building materials in the coming weeks.He gave this assurance at an empowering programme in

Head of Civil Service of the Federation(OHCSF), Winifred Oyo-Ita(left); Director, Legal, OHCSF, Adebola Odugebsan; Permanent Secretary, Special Duties, OHCSF, Leon Lawrence Alibo and Managing Director/CEO, Alpha Mead Group, Femi Akintunde at the MoU signing ceremony between the Office of the Head of Civil Service and Alpha Mead Group on the remodelling of the ground floor

Maureen Ihua-Maduenyi There is more to investing in the real estate industry than just owning houses, the Managing Director, Beyond Building Investment Limited, Lanre Howells, has said. According to him, to create wealth out of a real estate investment, it should be seen as more than just putting a roof over one’s head, but a

Despite efforts by both the government and private sector operators at giving more Nigerians homes to live in and, by so doing, narrow the supply deficit, homeownership level in the country remains low at less than 5 percent. This level becomes very disturbing when compared with what obtains in other countries of the world. Analysts

Chief Executive Officer of Propertygate Development and Investment Plc, Mr Adetokunbo Ajayi. Amid growing concerns over the 2019 general elections and its economic impact, developers in Nigeria’s real estate sector are slowing down constructions and apprehensive of new business deals. Although, the Nigerian real estate market has been less influenced by political-spending but more by