Why completing abandoned buildings for habitation is dangerous —Experts
Completing abandoned uncompleted buildings for habitation carries major safety and financial implications including structural degradation and high renovation costs. To ensure the buildings are safe for use after their completion, the issue of structural degradation and others must be adequately addresed, according to construction experts.
Mortgage and housing sector needs palliatives — Oloko
The mortgage and housing sector needs palliatives, following the global economic challenges caused by the COVID-19 pandemic. This is the position of mortgage and finance expert, Akintayo Oloko, who said mentioned palliatives and support in the form of intervention funds and reduced transaction costs. Recall that with the pandemic’s effect on nations, businesses and personal […]
COVID-19: How global real estate markets are bracing up for impact
By Kingsley Adegboye with Agency report Uncertainty is not good for development. The tide of speculations surrounding possible ill effects of the Covid19 spread is delaying investment decisions across the globe. According to a report by Colliers Research, the decisions over commercial real estate acquisition are expected to be delayed due to Coronavirus scare, especially […]
COVID-19 lockdown: Real estate firm gives three-month rent relief to tenants
To cushion the effect of COVID 19 lockdown across the country, Pertinence Group, a real estate firm with penchant for people empowerment, has declared three months free rent for all her tenants nationwide. The rent relief, according to the General Manager, Mr. Jeffrey Ehikioya, in a statement, will cost Pertinence over N2 million. Ehikioya explained […]
COVID-19: Expert says strategic thinking, innovation will keep real estate operators in business
By Kingsley Adegboye As the effects of COVID-19 are felt around the world, real estate business in Nigeria is certainly having its share of the consequences, and this is raising a major concern for operators as to how to remain in business in the face of the current lockdown. Reacting to the effects of COVID […]
FMBN reiterates commitment to provide affordable housing for workers
By Chris Ochayi The management of the Federal Mortgage Bank of Nigeria, FMBN, has reiterated it’s commitment to facilitate the provision of decent and affordable housing to workers across the nation. Managing Director and Chief Executive of the apex mortgage bank, Ahmed Musa Dangiwa, an architect, said the government would give priority to issues affecting […]
