Trump’s organization real estate partner in India accused of ‘large-scale fraud’

The Trump Organization’s real estate partner in India is being accused of at least $147 million in fraud. Two global investment companies last month filed a criminal complaint with New Delhi police against IREO, accusing the company of engaging in “large-scale fraud,” The Washington Post reported. The complaint said the company was “illegally siphoning off” at […]

Land Use Charge: Ambode bows to pressure

The Lagos State Governor, Akinwunmi Ambode, has bowed to pressure over the controversial increase in Land Use Charge, announcing a reduction on Thursday. The Manufacturers Association of Nigeria, Nigeria Bar Association, Lagos Chamber of Commerce and Industry and several other pressure groups and individuals had kicked against the increase, which some alleged was as high as […]

Guzape-new Real Estate Hot cake

Guzape is a new highbrow district of Abuja that is attracting real estate investors. The area adjacent to Asokoro and very close to the city center is now the darling of investors. Within five months, investors earn close to fifty percent increment on their investment. The attraction of Guzape include proximity to city center, fully […]

Outlook for Real Estate in 2018

As Nigeria is saying goodbye to recession, the currency uncertainty, falling production and double digit inflation that saw the country fall into negative growth and weighed heavily on investor confidence, are giving way to a brighter picture. Subsequently, as the economy improves, the picture for real estate, both for occupational and capital markets, are expected […]