The globalization of real estate capital has been driven largely by a surplus of liquidity, a requirement for portfolio diversification and the current scramble for yielding assets. There is no question that despite recent economic headwinds, Sub-Saharan Africa (SSA) has and will continue to attract ‘intelligent’ capital flows, from both…
Nigeria, like many African countries is not an easy market, but the many challenges most people see can often hide opportunities for those who are able to identify them. International players’ appetite for investment is too often influenced by market reputation and country risk perception as it is portrayed by…
One of the important factors to be considered by prospective buyers/investors is to ascertain with precision that the land/landed property is not under government`s acquisition. One of the checklist questions the prospective buyer or his solicitor must ask the vendor at the investigation stage is about the status of the…
Health and wellbeing have long been important aspects in lifestyle buyer property choices, but they are also vital issues for the industry. That’s the view of the Netherlands-based GRESB, the global standard for Environmental, Social and Governance (ESG) assessment of real estate portfolios and infrastructure assets. Real estate development can…
Buying a house usually goes something like this: figure out what you can afford, find a lender, hire a real estate agent, make a list of your must-haves, view properties, view more properties, make an offer, secure your mortgage, close on your new home. Although time consuming and at times…
THE word “Fire” can mean many things to different people at the different times and places.  For example to the typical soldier on war front, “fire” will mean a command to shoot, to the human resources manager and staff, “fire” will mean to sack an employee, to the driver, “fire…
ABUJA was marked as the new federal capital in 1976, but construction was slow and expensive. The final official movement was done during Ibrahim Babangida Administration in December 1991. Abuja was selected for this purpose primarily for her central positioning within the geographical map of Nigeria and also because of…
The values of real estate, particularly residential properties, have been on the downswing over the last one year with prices falling by as much as 20 per cent due to high vacancy rate. Analysts at Financial Derivatives Company Limited, (FDC) revealed this in the company’s ‘Bi-monthly Economic and Business Update,”…
Tuesday, June 28, 2011 …Says 60 % urban dwellers in slums Poverty in Arica is not more pronounced among rural dwellers than it is among those in urban slums. Africa is said to be experiencing a fast-paced urbanization with more people, especially the youth, coming to the city, such that…