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Affordable housing: Next investment frontier for big ticket developers For a combination of reasons including state of the economy, response to popular demand, efficient use of capital, among others, affordable housing has become the next investment frontier for big ticket real estate… Read more
Real estate funds grow AUM to new-high of N46.16bn in 2019 Having the least investment options among the listed asset classes on the Securities and Exchange Commission (SEC), the real estate funds grew their asset under management (AUM) to a new record of N46.16 billion in 2019… Read more
Residential vacancy rate slightly drops in major cities Better days are ahead for property developers and investors as residential vacancy rate has slightly dropped in Lagos, Port Harcourt and Abuja, signifying a recovery in that segment.Players in the sector said, the development is different from the situation last year… Read more
Historically low inventory continues driving home prices higher After a yearlong slowdown in 2019, home values appear primed to go back on the upswing to start 2020. The main driver in this reversal is clearly the ongoing and historic lack of for-sale inventory… Read more
With Brexit Done, London’s Property Market Enjoys Uptick Activity levels in London are now at their strongest level since 2014, suggesting any impact from Brexit to date has been largely absorbed in the capital.The reasons for the uptick transcend Brexit and include the relatively benign global economic backdrop… Read more
Super-rich elites making London ‘off-limits’ London has become the “epicentre of the elites” in the UK, making it “off limits” for young people from poorer backgrounds, says a social mobility charity.The Sutton Trust says the high cost of housing has become a social barrier… Read more
Global prime residential forecasts 2020 Markets across the index are forecast to see capital value growth of 1.8%, on average, in 2020, better than the previous year but still well below peak increases of 9.3% in June 2013…Read more
World’s Deepest Buildings The deepest of these impressive buildings is the Jinping Underground Laboratory, which is an incredible 7,900 feet (2.4 kilometers) located under a mountain in western China… Read more
NIESV Annual Conference
OWN PART OF PROPERTYGATE CENTRE, LEKKI PHASE 1
Propertygate Center is a prestigious office development located in the Central Business District of Lekki Phase 1, Lagos. Stunningly elegant, the Center combines contemporary architecture, efficient space design... Read more
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