Real Estate

Advocacy groups are looking for ways to work together to address the housing shortage.

Stakeholders in the built industry have called for collaboration between the Federal Government and the private sector to tackle the country’s housing deficit. This call was made at the maiden edition of the real estate outlook conference organised by Wemabod Limited in Lagos recently. In his keynote address, the Chief Executive Officer of Financial Derivatives Company Limited, Bismark Rewane…
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Real Estate

Firm begins 236 luxury housing project in Abuja

Property World Africa Network has commenced the construction of a luxury estate located in the Centenary City of the Federal Capital Territory, Abuja. PWAN’s Max Grove Estate is a 9.1 hectare cosmopolitan residence encompassing 236 units of four to five-bedroom houses. Speaking at the groundbreaking of Max Grove in Abuja, the Chairman, PWAN Group, Augustine Onwumere, described the housing scheme…
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Real Estate

Fraudulent developers defraud house seekers in Lagos

A 34-year-old software developer, Abiodun Oguntade, who now lives in Mende, Maryland, recently fell prey to the antics of a fraudulent property developer. Oguntade stated that the developer took advantage of his naivety to swindle him of a N300,000 down payment for a…
Real Estate

Three years advance rent deadly to economy – Fashola

The Minister of Works and Housing, Babatunde Fashola, on Thursday declared that the collection of two to three years’ rent in advance by property owners was causing more harm than good to Nigeria’s economy. Fashola, who intensified the push for monthly rent payments…
AgricultureReal Estate

LandWey Pioneers Social Impact Initiative & Set to Plant 5000 Trees in 12 Months

LandWey, one of Nigeria’s largest residential developers, intends to plant and conserve 5000 trees by June 2023 in its efforts to fight deforestation and climate change. The effort comes as part of the Build for a Change initiative, a 2-in-1 social impact drive committed to environmental and social change. In a communique issued by the firm’s Managing Director, Adeshola Bello, she said…
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