Real Estate Archives - Businessday NG https://businessday.ng/category/real-estate/ Wed, 26 Apr 2023 07:44:56 +0000 en-US hourly 1 188198514 Opportunity beckons as int’l build expo promises training for artisans, others https://businessday.ng/real-estate/article/opportunity-beckons-as-intl-build-expo-promises-training-for-artisans-others/ https://businessday.ng/real-estate/article/opportunity-beckons-as-intl-build-expo-promises-training-for-artisans-others/#respond Tue, 25 Apr 2023 15:02:31 +0000 https://businessday.ng/?p=724604

For artisans and other stakeholders in the Nigerian building industry, opportunity is beckoning as an upcoming International Build Expo in Lagos promises to organise training sessions for them. The build expo, which is already in its 7th edition, is to be hosted by Elan Expo. The theme of the annual event for this year is […]

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]]> https://businessday.ng/real-estate/article/opportunity-beckons-as-intl-build-expo-promises-training-for-artisans-others/feed/ 0 724604 Architects decry frequent building collapse, gather professionals for forum https://businessday.ng/real-estate/article/architects-decry-frequent-building-collapse-gather-professionals-for-forum/ https://businessday.ng/real-estate/article/architects-decry-frequent-building-collapse-gather-professionals-for-forum/#respond Tue, 25 Apr 2023 15:01:16 +0000 https://businessday.ng/?p=724618 banana island photo April 2023

Architects in Lagos have decried the frequent building collapse incidents in Nigerian cities, especially in Lagos, which has recorded the highest number and frequency of these incidents in the last decade. The architects under the aegis of Nigerian Institute of Architects (NIA), Lagos Chapter, are also worried that the story has now shifted from run-down […]

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]]> https://businessday.ng/real-estate/article/architects-decry-frequent-building-collapse-gather-professionals-for-forum/feed/ 0 724618 UPDC returns to profitability, commits to mid-income housing for workers https://businessday.ng/real-estate/article/updc-returns-to-profitability-commits-to-mid-income-housing-for-workers/ https://businessday.ng/real-estate/article/updc-returns-to-profitability-commits-to-mid-income-housing-for-workers/#respond Tue, 25 Apr 2023 14:55:41 +0000 https://businessday.ng/?p=724594 Updc

In what is clearly a demonstration of resilience in a challenging business environment, the UAC Property Development Company (UPDC), a frontline real estate investor in Nigeria, has bounced back after a short spell of business downturn. The company, at media parley in Lagos recently, revealed that it recorded a revenue surge from N825 million in […]

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]]> https://businessday.ng/real-estate/article/updc-returns-to-profitability-commits-to-mid-income-housing-for-workers/feed/ 0 724594 Investors hit as frequent collapse worsens buildings’ risk profiles https://businessday.ng/real-estate/article/investors-hit-as-frequent-collapse-worsen-buildings-risk-profiles/ https://businessday.ng/real-estate/article/investors-hit-as-frequent-collapse-worsen-buildings-risk-profiles/#respond Mon, 24 Apr 2023 01:10:29 +0000 https://businessday.ng/?p=724152 Building collapse

On top of rising building materials costs, high-interest rates and low demand, investors are now taking a hit from frequent building collapse that has raised the risk profiles of buildings, especially high-rises, in parts of Nigeria. In the past, investors were known to be at home with an understanding of risks in real estate investment, […]

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]]> https://businessday.ng/real-estate/article/investors-hit-as-frequent-collapse-worsen-buildings-risk-profiles/feed/ 0 724152 Land Republic tackles Nigeria’s housing deficit with land allocation https://businessday.ng/real-estate/article/land-republic-tackles-nigerias-housing-deficit-with-land-allocation/ https://businessday.ng/real-estate/article/land-republic-tackles-nigerias-housing-deficit-with-land-allocation/#respond Thu, 20 Apr 2023 21:50:37 +0000 https://businessday.ng/?p=723755 Land Republic

Land Republic, a leading real estate company in Nigeria delighted its numerous clients when the firm kept to its promise in allocating Vert City, a new gated eco-friendly estate at Ketu-Ejirin Epe recently. Victor Adesewa, co-founder of Land Republic Limited noted that Vert City is one of the firm’s strategic projects due to the various […]

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