Following the collapse of a three-storey building in Ita Faji, Lagos Island, last week which has exposed buildings in the entire Island as relics, uninhabitable and unfit to work in, built environment professionals have called for redevelopment of the entire Lagos Island through urban renewal scheme as a matter of urgency. 

A recently conducted research into short-let apartments in the commercial real estate space of property market in Lagos indicates that the need for short-let apartments has maintained an upward trend in spite of the current challenging economic situation in the country.

Stakeholders   who gathered at the just- concluded maiden edition of the Nigerian Infrastructure Development Awards, NIDA, held in Lagos, have emphasised the need for rapid infrastructural development across the country to ensure national development. The theme of the event organised by Prospers Strategy Limited was Solid Infrastructural Backbone as Catalyst for National Development.

A real estate company, GOT Formation limited is seeking for partners and investors in its proposed estate development plan,  luxury and affordable apartments in Abuja, Lagos, Rivers and other states in Nigeria. 

To ease traffic flow in Apapa area of Lagos, the Federal Ministry of Power, Works and Housing last week reopened Leventis bridge to traffic after one year of closure for repairs. The News Agency of Nigeria, NAN, recalls that the bridge was closed for emergency repairs in August 2016 after a portion of the bridge […]

The Federal Government last week, declared that it will give priority to the maintenance of public infrastructure so that the nation can derive maximum value from them.

Going by the improvement in the nation’s micro environment and the positive projections for 2019, the real estate sector is expected to ride on the back of these and other strides it ought to make, and put in a better performance in the year 2019.

Niger State Government and Happy Home Builders Nigeria Limited, a real estate development firm, under a Public-Private-Partnership, PPP arrangement, have commenced construction of 200 units of one bedroom bungalows and two-bedroom duplexes residential housing estate at  Rafinsayin known as Abubakar Sani Bello Housing Estate along Suleja-Madalla Abuja Road, Niger State. The estate is named after the state governor.

Deputy governorship candidate of the All Progressives Congress APC,in Lagos State in the 2019 general elections in Nigeria, Obafemi Hamzat, has disclosed that Babajide Sanwo-Olu, if elected governor of Lagos State, will enforce physical planning law of the state to ensure the state is rid of refuse, adding that the administration will equally ensure that […]

Prospective home owners who desire ultimate community lifestyle with contemporary luxury living are in for a good deal, following the development of Blue Water House Lagos, a sprawling four-hectare residential estate located on Goshen Road, Off Remi Olowude Street, Lekki Phase 1, Lagos.

One of Africa’s leading total real estate solutions companies, Alpha Mead Group, has been identified as one of the companies in the London Stock Exchange Group’s, LSEG 2019 companies to inspire Africa Report. The report, according to David Schwimmer, CEO, London Stock Exchange Group “identifies Africa’s most inspirational and dynamic private, high-growth companies to a global market.”

Despite a subsisting order to reinstate Mr. Emmanuel Osita Okoli placed on the International Real Estate Federation, FIABCI-Nigeria Chapter by a High Court in Nigeria, the professional body has continued to disobey the court order.

Africa’s largest new city developer, Rendeavour, in partnership with Lagos State Government is redefining Lagos with Alaro City, an integrated new city located in the North- West Quadrant of the Lekki Free Zone in Ibeju-Lekki-Epe area of Lagos State.

Going by the launch of Diaspora Lakeview Estate, Nigerians, especially those in the Diaspora are now being encouraged not only to invest in Nigeria , but also to become landowners in highbrow  areas of Lagos.

Martin Palmer, guest speaker, at the 17th  Chief  S.L Edu  memorial lecture held last week in Lagos, stated that for the world and indeed Nigeria to preserve her natural habitats from extinction, the involvement of religious bodies were key.