Nigeria real estate news
Here are some recent news and updates on the Nigerian real estate industry:
1. Lagos State Government to Develop 10,000 Housing Units: The Lagos State Government has announced plans to develop 10,000 housing units in the state to address the housing deficit. The project, which is expected to be completed in three years, will be developed in partnership with private developers. (Source: Vanguard)
2. Abuja to Get 5,000 New Housing Units: The Federal Capital Territory (FCT) Administration has announced plans to develop 5,000 new housing units in Abuja to cater to the growing population of the city. The project, which is expected to be completed in two years, will be developed in partnership with private developers. (Source: Leadership)
3. Nigerian Real Estate Market to Grow by 10% in 2023: According to a report by the Nigerian Institution of Estate Surveyors and Valuers (NIESV), the Nigerian real estate market is expected to grow by 10% in 2023, driven by increasing demand for housing and commercial properties. (Source: ThisDay)
4. Lagos to Host International Real Estate Conference: The Lagos State Government has announced plans to host an international real estate conference in the state, which will bring together real estate professionals from around the world to discuss the latest trends and developments in the industry. (Source: The Guardian)
5. Nigerian Real Estate Developers to Focus on Affordable Housing: Nigerian real estate developers are shifting their focus towards developing affordable housing units to cater to the growing demand for housing in the country. (Source: BusinessDay)
6. FCT to Develop 1,000 Housing Units for Low-Income Earners: The FCT Administration has announced plans to develop 1,000 housing units for low-income earners in the city. The project, which is expected to be completed in two years, will be developed in partnership with private developers. (Source: Daily Trust)
7. Nigerian Real Estate Market to Benefit from Infrastructure Development: The Nigerian real estate market is expected to benefit from the ongoing infrastructure development in the country, including the construction of new roads, bridges, and airports. (Source: The Punch)
8. Lagos to Develop 500 Housing Units for Civil Servants: The Lagos State Government has announced plans to develop 500 housing units for civil servants in the state. The project, which is expected to be completed in two years, will be developed in partnership with private developers. (Source: Vanguard)
9. Nigerian Real Estate Developers to Focus on Sustainable Development: Nigerian real estate developers are shifting their focus towards sustainable development, including the use of green buildings and renewable energy sources. (Source: BusinessDay)
10. Abuja to Host Real Estate Expo: The Abuja Chamber of Commerce and Industry (ACCI) has announced plans to host a real estate expo in the city, which will bring together real estate professionals from around the world to discuss the latest trends and developments in the industry. (Source: Leadership)
These are just a few of the recent news and updates on the Nigerian real estate industry. If you're interested in staying up-to-date with the latest news and developments in the industry, I recommend following reputable sources such as Vanguard, The Guardian, and BusinessDay.