As we continue to develop and advance as a society, there has been a greater emphasis placed on efficiency and convenience across nearly all facets of life. Food is delivered to our homes, cabs pick us up irrespective of our location, and in the context of construction and their architectural designs, our homes are now being tailor-made to meet our specifications largely as a result of methodical and...

Introduction One could easily understand the rationale behind viewing Nigeria, and Lagos in particular, as a location that simply oozes opportunities. The lavish and indulgent lifestyle experienced by the elite is indicative of what one stands to gain if those said opportunities are properly leveraged. Regarding the investment landscape, the volatile nature associated with sectors such as oil and gas...

Introduction The year is 2014. There is an air of excitement in seemingly every country worldwide due to the upcoming World Cup. The threat of a never-before-seen epidemic caused by Ebola was on the horizon - one which ultimately served as a precursor for the COVID-19 global pandemic (but let’s not delve into that shall we). By the end of the year, the Naira had also depreciated relative to the...

Introduction It is often cited that in order to wholly understand a subject, it is imperative to analyse its origins. Starting in 1837, the world was introduced to the novel concept of modular housing which entails the components of a building being constructed off-site before being transported to the building site for final assembly. It will however take decades before the idea gained worldwide...

Introduction In Nigeria, there is a devious issue jeopardizing how people get homes—tenancy fraud. It is more than just breaking rules; it messes with fair housing for individuals and entities who need it. This article dives into the tricky world of tenancy fraud, sharing real stories and numbers to show just how big a problem it is and why we all need to pay attention. Types of Tenancy...

In recent decades, Nigeria has witnessed a remarkable transformation as its urban population continues to surge. According to projections, Nigeria's urban population is set to grow from 50% today to a staggering 70% by 2050. This rapid urbanization is poised to have a profound impact on the nation's real estate sector, both in terms of demand and supply. In this article, we delve into the dynamics of this...

Maintenance problems are not always clear and never easy. It explains why developed countries are always seeking out ways to improve the mechanism of maintenance across the board. However, for developing countries, it is still generally a struggle to sustain an acceptable level of maintenance despite huge expenditures on infrastructure. In today’s global economic climate, facilities managers have...

One major aspect  in Real Estate acquisition and leasing is the proof of funds letter; this is a document that proves that a home buyer has enough liquid cash to purchase a home. Due diligence on the part of the home sellers is the desire to see such paperwork, this assures concerned parties that a home buyer is ready to make an offer and committed to such purchase. What Is Proof of...

The RSA-Backed mortgage initiative of the Pension Commission allows contributors to use up to 25% of their contribution as equity to purchase a home in any area of their choice. Real Estate Investment decisions in Nigeria largely depend on a variety of factors that may influence the standard of living and current financial pocket. The main reason that guides the decision to purchase a property involves...

It’s often said that ‘Home’ is a place where nothing matters, it’s also often believed that the comfort of the home matters the most. Left to us, we’ll say the home is where you chose and it chose you too.  Needing an escape from the present, past, and sometimes a run from the unpredictable future forces us to crave a place ‘out of this world’ but also...