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Architects call for investigation into collapse of buildings in Abia

Architects call for investigation into collapse of buildings in Abia

The Nigerian Institute of Architects (NIA) and Architect Registration Council of Nigeria (ARCON) have called on Abia Government to investigate the causes of collapsed buildings in the state. The Abia Chapters of NIA and ARCON jointly made the call in Aba, during their fact-finding mission to the sites of recent collapsed buildings in the state […] …

‘Real estate funds panacea for housing shortage’

‘Real estate funds panacea for housing shortage’

ONLY real estate funds can address housing shortage in the real estate sector, a report has said. FSDH Merchant Bank stated this in its report titled: ‘’Real estate fund — Investment vehicle to address housing shortage in Nigeria’’, undertaken by its research arm, FSDH Research. The report observed that there was a significant shortage of […] …

How technology can help real estate recovery

How technology can help real estate recovery

Last year, the real estate industry witnessed a downturn due to  several factors ranging from government macro economic policies to over-supply in commercial, retail as well as inappropriate supply in the residential sub-sector. The development also impacted negatively on the sector’s contribution to the Gross Domestic Product (GDP). The latest GDP figure shows a negative […] …

Developer urges govt on housing policies

Developer urges govt on housing policies

Real Estate Developers Association of Nigeria (REDAN),  Federal Capital Territory (FCT) chapter Chairman, Mr. Andrew Elerewe, has urged the winner of the  presidential election to come up with sustainable and implementable housing policies. In a statement made available to The Nation he said investors in the  sector want the government to evolve realistic housing policies […] …

‘Maintenance will increase demand for building materials’

‘Maintenance will increase demand for building materials’

Demand for the supply of building materials such as wood, pipes, paint, tiles, electrical fittings, windows and tools is set to rise following the recent approval of National Maintenance Framework for public buildings by Federal Executive Council (FEC). Minister of Power, Works and Housing, Babatunde Fashola, who spoke on the importance of the approval , […] …

$165m Blue Water Estate berths in Lagos

$165m Blue Water Estate berths in Lagos

A Real estate firm Elalan Group and a leading pan-African investment firm with investments worth over $1 billion, African Capital Alliance, have formed a partnership to  deliver top-notch contemporary apartments in Lekki, Lagos. Located in the heart of Lekki Phase 1, Blue Water Lagos offers easy access to Victoria Island, Ikoyi District, Banana Island and […] …

‘Avoid demolishing houses’

‘Avoid demolishing houses’

A non-gOVERNAMENTAL  Organisation (NGO) Nigeria Slum/Informal Settlements Federation and some civil society groups have urged politicians to provide shelter for the electorate instead of demolishing their houses. At a conference in Lagos,the founder, Rethinking Cities, Deji Akinpelu, said people were sceptical on who to vote for, beacuse politicians  always demolish houses after election. He said […] …

New adhesive stamp vital to surveying, say valuers

New adhesive stamp vital to surveying, say valuers

Key stakeholders played a key role in the new stamp  unveiled to enhance professionalism in the sector, the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) Sir Nweke Umezurike has said. He said the measures were geared towards catching up with the global trend. He recalled the excitement that greeted the introduction of adhesive […] …

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