According to the latest JLL's Global Capital Flows data, China has hit a record of $33 billion in overseas commercial and residential property investment in 2016, an increase of nearly 53 percent year-on-year.   While investment in land, offices and hotels account for 90 percent of all Chinese outbound capital in the…
The Federal Mortgage Bank of Nigeria (FMBN), Shelter Afrique, and the Real Estate Development Association of Nigeria (REDAN), have signed a $2 billion Memorandum of Understanding (MoU) towards achieving 10, 000 housing units yearly across the country. The project is scheduled to last for the next 10 years. Minister of…
From left, Head, Finance, Propertygate Development and Investment Plc, Mr Vitalis Anieze; Managing Director, Mr Adetokunbo Ajayi and Development Trading Officer, Mr Segun Ariwayo, during a media parley in Lagos at the weekend.   Contrary to the opinion held across different quarters on what would befall the real estate sector in 2017,…
A frontline Real Estate Operator and Managing Director and Chief Executive Officer of Propertygate Development and Investment Plc, Mr Adetokunbo Ajayi has identified some structural problems affecting the government’s mass housing project and proposed measures to revamp them. In an interactive session with the media on how Propertygate has fared despite…
Adetokunbo Ajayi   A frontline real estate development company, Propertygate Development and Investment Plc has completed a new estate for the medium income earners, as part of the strategic plan to address the housing needs of its clients. The company’s recent unique project christened “ Gateview Court “ is a residential…
House prices in key locations around the world increased by 5.3% in the 12 months to September 2016 with Turkey seeing the strongest growth, according to the latest global property index. Turkey saw property prices rise by 13.9% year on year, followed by New Zealand with growth of 13.5% and…
  As part of the strategic plan to address the housing needs of different sectors of its clients, a frontline real estate development company, Propertygate Development and Investment PLC has delivered an estate of modern housing units for the medium income earners. The company’s recent unique project christened ” Gateview…
Africa's infrastructure investment spending decreased in 2016 compared to 2015, according to Deloitte 2016 African construction trends report. In 2016, 286 projects worth 50m and more were being built in Africa, down from 301 in 2015. The fall in overall capital value was $51bn — from a total of $375bn…
Real estate markets in Central and Eastern Europe (CEE) are seeing record levels of international capital inflow while many markets in Sub-Saharan Africa are lagging behind. The latest JLL Capital Markets research has identified liquidity and foreign exchange volatility as two key reasons impacting real estate capital flows into Sub-Saharan…