Amen Estate in Ibeju-Lekki Receives Accolades From Celebrities As More Home Owners Move In

Renowned Nigerians from all walks of life have continued to shower encomiums on what they consider the El-dorado of all real estate developments on the Lekki axis – Amen Estate. Continue Reading

Why Ikorodu & Lekki Property Prices May Merge Soon

FOR YOUR INFORMATION, THIS IS OLD NEWS #2011

In the early 90s when plots of land in the present Lekki Phase 1 were being allowed; it was going for between N400,000 to N500,000. Today same plots on the secondary market sell for nothing less than N50 million depending on which side of the scheme you are buying from (left or right). The reason for this astronomical rise in price is not farfetched; improved infrastructure, improved prices. To close watchers of the property market in the Ikorodu axis of Lagos, similar trend is being predicted for this burgeoning area. Although there are other satellite locations around Lagos with ample real estate investment opportunities for the budget class, Ikorodu remains the most viable option considering a number of developmental factors; one of which is transport links.Continue Reading

Review Mortgage Laws To Reduce Housing Shortage – Tayo Sonuga

A frontline real estate developer, Tayo Sonuga has called on the Lagos State Government to review current laws on mortgages, to help reduce the rate of housing shortage among the working population in the state.Continue Reading

Properly Structured Real Estate Can Improve Economic Development –3INVEST CEO

Ruth Obi-Obuah is the Chief Executive Officer of 3Invest Ltd and also the convener of the 7th edition of the Real Estate Unite Summit. She made it clear that properly structured real estate has the ability of improving economic growth and boosting development.Continue Reading

Lagos State Committed To The Success Of Ibeju Lekki Projects

Every administration that is brought into power in Lagos has promised that they will do everything within their power to make sure that the projects in the Ibeju-Lekki axis turns out to be very successful. Governor Akinwunmi Ambode not so long after he was sworn into office paid a visit to the Lekki Free Trade Zone to see how the developmental plans were coming along. In addition the Lekki-Epe express is currently undergoing expansion.Continue Reading

Real Estate Recorded Marked Improvement In H1

During the first half of 2018, the Nigerian economy had significant improvements and the real estate sector also experienced this growth. Northcourt, a real estate investment solutions company, said that their findings have led to the conclusion that the different subsectors of real estate sector which includes, residential, retail, office, hospitality and industrial subsectors had a stabilisation of rents, revival of some abandoned projects and the starting of new ones, which is a direct opposite to H 1 2017.Continue Reading

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