Family Homes Funds Limited (FHFL) has opened application for provisional subscription to its N20 billion Sukuk as parties signed off the final documents on the issuance. The net proceeds of the Sukuk issuance will be used to finance development of...
By Aduragbemi Omiyale There are strong indications that construction activity in Nigeria will surpass pre-COVID levels by 2023, with the federal government expected to contribute significantly to this. According to the latest forecasts, the industry is expected to grow by 5.7...
The Muslim Lawyers Association of Nigeria (MULAN) has commended the Federal Mortgage Bank of Nigeria (FMBN) for introducing the Non-Interest Rent to Own Housing Product to enable a broader spectrum of Nigerians to own their homes. The association, led by...
Nigeria’s leading entrepreneur and chairman of Cubana Group, Obi Cubana, has revealed partnership with Zoe New Dawn Nigeria Limited to build about 10,000 housing unites in Abuja. The project is expected to solve the prevailing problems of housing deficit among...
Chave Group is an investment company with offices in Nigeria and Cape Verde. The motive to open the office in Cape Verde is due to the numerous business opportunities in the country. The Executive Director – Chioma Nwaorie had the pleasure...
A Lagos-based entrepreneur, Ohi Bunmi Ozoya, has shared the story of how a venture into real estate changed his life. DANIEL ESSIET reports. After exploring several business opportunities, a Lagos-based entrepreneur, Ohi Bunmi Ozoya, decided to dive into real estate....
People’s Bank of China has slashed the benchmark interest rate for mortgages from 4.45% to 4.3% to resolve the worsening property crisis. China’s central bank on Monday announced that it would cut its five-year loan prime rate. It also slashed...
Buying a rental property is a good step in the real estate business. However, I would advise that you shouldn’t barge into it without having some knowledge of what you are getting into. Despite having many people successfully running a...
A leading global investor in sustainable infrastructure, Actis, has recently concluded the first close of its real estate fund, Actis West Africa Real Estate Income Fund (NREIF), at $45 million. According to a statement by the management of the firm,...
Real estate ownership involves more than just making a financial commitment, particularly when the property in question is intended to be occupied by residents. A sense of accomplishment and elevated social standing are both benefits of property ownership. A variety...
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