News by tag new development


 ‘Real estate key to resolving Nigeria’s economic crisis’

September 30, 2020

The real estate has been identified as key to resolving the nation’s economic crisis. Chief Executive Officer, GText, Akintayo Stephen who made the assertion while unveiling his...

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Hard work pays off with the right team, says real estate mogul, Terry Thayer

September 30, 2020

Entrepreneur and player in the real estate sector, Terry Thayer’s journey to success has been years in the making. He started his journey after moving to Raleigh, North Carolina, in 1995

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Developers embrace unitisation to fund real estate

August 10, 2020

In the property market where it has become increasingly difficult to obtain long-term financing, property developers are turning to alternative funding to shore up their portfolios.

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Photizo Properties open Oasis gardens, promises return on investment

August 8, 2020

Photizo Properties Limited has reopened its Oasis Garden in Epe, urging investors to be rest assured of their investment.

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 How multiple taxation stifles real estate sector

August 1, 2020

Stakeholders in the real estate sector said the threat posed by multiple taxations to property development, consultancy and administration is huge and required urgent action because it is stifling investment in the sector. The scope, they said is large and suffocating industry players. While in many cases, people are made to cough out huge sums on taxes, they’re not supposed to pay.

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 Coronavirus: UK government announces stamp duty holiday for properties up to £500,000

August 1, 2020

A temporary stamp duty holiday on home sales in England and Northern Ireland has been announced by the British government as part of a plan to kickstart the economy amid the coronavirus pandemic. In a push to stimulate the market and boost sentiment, stamp duty—the transfer tax paid when buying a home—has been immediately scrapped on transactions up to £500,000 (US$630,000)

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 Lagos opens bid for Badagry master plan review

August 1, 2020

A fresh attempt is being made by Lagos authorities to review the Badagry master plan, towards meeting the infrastructure needs and eliminating development pressures in the district. According to the government, the review became necessary in view of the fast developmental growth within Badagry sub-region, which requires effective physical development control.

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 Coronavirus fuelling increase in homelessness, squatters, say experts

August 1, 2020

The economic fallout from the coronavirus has ruffled the low-income earners and created a new generation of homeless Nigerians in major cities, especially Abuja, Lagos, and Port Harcourt.The homeless individuals, include those laid off by companies and self employed; whose means of livelihood could not sustain their families, in the wake of economic uncertainties.

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Sijibomi ‘Sujimoto’ Ogundele: The Agege boy that built a $400million company

July 31, 2020

Dressed in a simple Polo T-Shirt on a Friday Evening, Sijibomi Ogundele, Nigeria’s youngest Billionaire and Luxury Real Estate Czar, can be seen on the Lucrezia project site, in the prestigious Banana Island neighborhood, inspecting the work done and ensuring every ‘i’ is dotted and every ‘t’ is crossed.

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