By Wilson Adekumola The real estate sector in Nigeria has been facing some difficulties as the rising cost of building materials continues to have significant bearing on rentals and the cost of delivering affordable housing for citizens. The current inflation…
Real estate organisations made a vow at the recently finished 10th edition of Real Estate Unite, to renew professional sustainability. This was at a conference that brought together real estate enterprises to rejig the industry’s standards. The two-day summit welcomed…
By Owoleye Oluwakayode The Managing Director, Affordable Housing Limited, Yemi Adelakun, has said the depreciation of the naira would have far reaching impact on real estate. “Cost of building materials, especially imported ones, will increase and this will be passed…
By Owoleye Oluwakayode Following the recent passage of a law for real estate practitioners by Lagos State House of Assembly, Lagos State Government has announced that investors and other relevant stakeholders in the building sector can now heave a sigh…
By Owoleye Oluwakayode Some experts have lamented the increasing non-performing loans in the real estate and construction industry. The Nigerian Bureau of Statistics in its latest report on selected banking sectors disclosed that non-performing loans from banks to the real…
