Corruption, defiance to laws cost investors N1tr in property loss

• More than N300b worth of structures may still go down • Demolition, a huge economic waste, say experts • Obey physical planning laws, govt tells developers, residents Official corruption, lax enforcement of extant building regulations, and poor monitoring by government officials contributed heavily to the over N1 trillion worth of property investment loss, which […]

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New trend fuels optimism in property market

Unprecedented correction in the property market is making landlords who originally seek out corporate tenants, for their properties, to prefer individuals (single) tenants, who can afford the rents, according to newly released Ubosi and Eleh Company’s Nigeria Real Estate Report 2018. This trend is expected to continue in the second half of the year. However, […]

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