The Federal Government has set up a 12-member ministerial committee to take charge of the 753 housing units recently seized from former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. …
Real Estate
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FCTA Seals FIRS Office in Abuja Over 25-Year Ground Rent Debt
In a surprising development on Monday, the Federal Capital Territory Administration (FCTA) sealed off the Federal Inland Revenue Service (FIRS) office located in Zone 5, Abuja, due to the agency’s …
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Cap Rate, NOI, and IRR Explained for Smarter Property Investment
Understanding Cap Rate: Your First Glance at Profitability – The Quick Scan Dear investor, in Nigeria’s bustling property market, the ability to size up a real estate opportunity with surgical …
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Capital Hotel Plc Grows Revenue to N17.98bn in 2024, Up 128%
Capital Hotel Plc, owners of Abuja Continental Hotel, has announced a revenue of N17.98 billion for the 2024 financial year, marking a 128 per cent increase from the N7.89 billion …
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Oat Construction Celebrates 25 Years of Building Excellence in Nigeria
Oat Construction Company Limited, a key player in Nigeria’s construction and civil engineering sector, recently marked its 25th anniversary, celebrating a quarter-century of innovation, growth, and significant contributions to Nigeria’s …
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Azuri Towers Offers Safe Investment as Eko Development Promotes Real Estate Hedge Against Inflation
As Nigeria continues to battle rising inflation and soaring interest rates, Eko Development Company Limited has highlighted real estate as a stable hedge for investors, positioning its flagship luxury project, …
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Navigating Zoning Laws and Urban Planning: A Guide for Real Estate Developers in Africa
For real estate developers across Africa, the journey from conceptualizing a project to breaking ground is often fraught with complexities. Among the most formidable hurdles are zoning laws and urban …
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Building Smart Cities: What Real Estate Professionals Must Know in Africa
The concept of “smart cities” is no longer a distant dream for Africa; it is a rapidly materializing reality that demands urgent attention from real estate professionals across the continent. …
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Real Estate Syndication Explained: Legal Structures, Risks, and ROI
So, you’re eager to dive into substantial real estate investments, perhaps eyeing a lucrative commercial property or a sprawling residential complex. Yet, the hefty capital required for such ventures often …
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Real Estate Private Equity vs. REITs: Where Should Professionals Invest?
You’re a real estate professional in Africa, eyeing significant opportunities. The question isn’t if you should invest, but how. By 2025, two major players stand out: Real Estate Private Equity …