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The Nation reports that the Lagos State Government yesterday warned illegal developers and land speculators in the Lekki-Epe corridor to stop forthwith their unlawful activities or face the law. Commissioner for Commerce, Industry and Co-operative, Prince Rotimi Ogunleye gave the warning when he toured the area where the 16,347 hectares Lekki Free Zone (LFZ) project is sited. The government, he said, was worried by the trespassers activities who have been swindling buyers. The land he said, was under acquisition. Ogunleye…

Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water. It involves buying, selling, or renting land, buildings or housing. In Nigeria, people often refer to the “real estate market” from the perspective of residential living, however, real estate can be grouped into three broad categories based on its use: residential, commercial and industrial. Examples of residential real estate include undeveloped land. Examples of commercial real estate…

Real Estate Secrets Every Young Nigerians Should Know – The Finer Wealth Series, a real estate investment and wealth initiative launched by Fine and Country in 2015, aims to enlighten, encourage and equip more female investors get onto the property ladder individually and collectively to leverage the power of numbers.   This theme at this year’s edition which held on the 26th of May, 2017 at the Clear Essence California Spa and Wellness Resort was “BUILDING BLOCKS: Understanding the Fundamentals…

Why the Real Estate Market has Changed Forever – The most difficult effort in real estate used to be getting the money to invest. Thereafter, you sat back to enjoy the capital gains if you bought land or rents with returns between 5% to 15% and to add icing on the cake, initial rents were paid two years in advance.  For owners of property in the high-end locations there was the additional comfort of hedging against inflation and currency fluctuations…