REAL estate tycoon and Managing Director UPDC, Hakeem Oguniran, has highlighted segmentation , research, credibility, among others, as essential requisites for driving sales in the real estate sector in this difficult economy.

Against the background of security threats posed by over 100 abandoned properties that litter in Victoria Island and Ikoyi areas of Lagos, residents of the two communities under the aegis of Victoria Island, Ikoyi Security and Environment Trust (VIISET), have called on the state governor, Akinwunmi Ambode to come to their aid by addressing the challenge as a matter of urgency.

AGAINST the backdrop of myriad of challenges confronting Nigeria as a nation such as national identity and integration, sustenance of democratic rule, corruption, poverty and ignorance, job creation, economic backwardness, social and physical infrastructure, poor health delivery service, rule of law as well as weak and ineffective public institutions, stakeholders who gathered at the 11th Adekunle Kukoyi Memorial Lecture organised by the Nigerian Institution of Surveyors (NIS) Lagos state branch at the weekend, have called for the rebuilding of public institutions in order to move the country forward.

As part of efforts to address the glaring shortage of accommodation for officers and ratings of the Nigerian Navy, the Chief of Naval Staff, Vice Admiral Ibok Ibas has commenced a bilateral initiative with UN Habitat with the aim of building 20, 000 houses in the next three years for the Navy.

IN its quest to respond to increasing demands for global standards and technology adoption in Nigeria’s real estate and facilities management sub-sector, the Board of Directors of Alpha Mead Facilities & Management Services Ltd (AMFacilities), a Lagos-based leading facilities management firm, has announced the appointment of four Executive Directors (EDs) to help the company support the growing sophistication and expansion of the market.

THE Permanent Secretary, Lagos State Lands Bureau, Mr. Bode Agoro has promised to push the call by estate surveyors and valuers for the creation of the office of State Valuer-General in view of the the enormous benefits it would engender.

The European Union, EU and the Food and Agriculture Organisation FAO have committed about 200 million Euros to boost the Great Green Wall (GGW) Project in six African countries.

In furtherance of its commitment towards making Ondo State an event destination and tourism hub in Nigeria, the state government has built a state-of-the-art, all-purpose conference centre which is expected to be formally commissioned between May and June this year. The sprawling edifice which cost is put at whopping N10 billion, is one of the numerous novel projects initiated by the state government to boost Ondo’s infrastructure development.

The National Orientation Agency, NOA has called for responsible action from all Nigerians toward protecting the environment and mitigating the adverse effects of climate change.

Worried by the devastating consequences of natural disasters and their impacts on lives, the International Federation of the Red Cross and Red Crescent Societies, IFRC, (a member of the UN- Habitat-coordinated Global Network on Sustainable Housing) and the Building Research Establishment, BRE have developed a tool that would deliver sustainable guidance and provide a method of assessing such disasters whenever they occur.

Despite the harsh economic climate sweeping across the nation due to the fall in oil prices, devaluation of the naira, capital flight, inconsistency in government policies and unemployment, the Managing Director of Propertygate Development & Investment Plc, Mr. Adetokunbo Ajayi has predicted that 2016 will be a prosperous year for the real estate sub-sector of the economy.

The new British American Tobacco Nigeria, BATN office complex located at No 2, Olumegbon Street, off Alfred Rewane Road, Ikoyi, Lagos meets all the basic considerations in a checklist for a modern-day office space. The building boasts of first-class technology that guarantees optimum conduciveness for staff and other occupants.

A STAKEHOLDERS’ meeting on the rehabilitation of strategic roads in Epe Local Government Area, was last week convened to address all grey areas preparatory to the flag-off of massive roads expansion and rehabilitation by the Lagos State Government in the council area.

Thirty-three years after Alhaji Shehu Shagari and Lateef Jakande were ousted from office in a military coup led by incumbent President Muhammadu Buhari, the Federal Government may have decided to take a fresh look at the housing models adopted by the duo while they were in office.

AGAINST the backdrop of a very difficult year in which the construction industry witnessed several abandoned or uncompleted projects, job losses and huge debts owed contractors for projects already completed, built environment experts have called on the Federal Government to pump enough money into the fledging sector in view of its multiplier effect on other sectors.