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Real Estate
‘Restructuring, not recapitalization needed for growth in mortgage industry’
Contrary to popular belief that what the mortgage industry needs to see growth is increased liquidity by way of recapitalization or refinancing, experts have said that the industry’s urgent…
Remote working fails to reduce prime office rents in Nigerian cities
Prime office rents in Nigerian big cities recorded a marginal increase in the first quarter of 2021 (Q1 2021), showing that working from home (WFH) triggered by the COVID-19 pandemic failed…
What FG’s N1.45trn budget for infrastructure means for real estate, economy
The federal government’s N1.45 trillion allocation to infrastructure in the 2022 budget estimates which President Muhammadu Buhari presented to the National Assembly last week Thursday means…
Palton Morgan harnesses power of service for improved customer experience
Officials of Palton Morgan, a leading luxury real estate developer in Nigeria, have said that the company is, more than ever before, committed to harnessing the power of service in order to…
Litter is a facility management issue
When we think of facilities management (FM), we often think of management including maintenance of infrastructure, and rightly so. And when we think of litter and, in particular, the…
Residential real estate shows strength with closed transactions increase in H1 2021
Compared with other asset classes or market segments, the residential real estate market in many parts of Nigeria, including Lagos, Abuja, Ibadan and Enugu, remained strong and resilient to…
Cruxstone, LSDPC joint venture opens homeownership window at Iconic Tower
Iconic Towers, a new residential development in a highbrow neighbourhood in Lagos, is about the latest homeownership and investment destination in town for home seekers and savvy investors,…
Land prices to rise on new government’s housing, infrastructure programmes
Land prices in Nigeria's leading and second tier cities, which are already resilient, are projected to spike over the next few years, a recent report on the Nigerian Real Estate Market has…
De Sure-Fraimz launches Granduer Heights Estate to deliver affordable homes
De Sure-Fraimz Total Investment Limited, a property investment company in Lagos has launched Granduer Heights Estate to deliver affordable homes to Nigerians.
The launch, which took place…
‘There has to be more investment in real estate for it to contribute more to GDP’
KNIGHT FRANK NIGERIA is the oldest and most formidable partnership that exists in Nigeria. It is part of a global family that has existed for decades. In this interview, Senior Partner/CEO,…