Experts seek regulation for property technology

Following the projection that proptech will attract about $20billion to real estate industry in 2019, experts have asked the federal government to put in place policy and regulatory framework that would enhance performance of property technology sector and help start-ups overcome challenges faced in their operations. This was the position of experts who gathered at the Nigerian Property Technology Conference…

Stakeholders urge government to focus on affordable housing

With the population outstripping available homes, stakeholders in the industry have asked government to focus more on the provision of quality and affordable housing. They canvassed for houses that meet people’s standards and delivered in record time, without the usual bottlenecks associated with acquiring properties in the country.The experts spoke at the 7th edition of the Africa CEO’s forum held…

Nations adopt blueprint for more sustainable future, pledge to protect degraded planet

The world at the weekend laid the groundwork for a radical shift to a more sustainable future, where innovation will be harnessed to tackle environmental challenges, the use of throwaway plastics will be significantly reduced, and development will no longer cost the earth. After five days of talks at the Fourth UN Environment Assembly in Nairobi, ministers from more than…

‘Social media is changing Nigeria’s real estate sector’

Unlike before, whereby the print and electronic media were the only channels toward reaching buyers in the real estate industry, the social media is becoming a powerful tool that offer a robust platform for marketing and sales of services. Asides the fact that major firms now have presence on websites, the sites are further linked to various social media platforms…

Professionals chart new course for real estate revival

This is not the best of times in the nation’s real estate sector, as it has continues to slide negative despite insinuations that the country has exited recession. For instance, in 2018, the sector witnessed downturns largely due to several factors ranging from government macro-economic policy to over-supply in commercial and retail sectors as well as inappropriate supply in the…

How off-takers are shaping real estate sector

Despite the rapid growth of ‘Grade A’ office developments in highbrow locations such as Lagos, Abuja, Port-Harcourt and other cities, investors are increasingly seeking ‘off-takers’ in their property developments. Research show that ‘off-taking’ is becoming the norm where the demand for business space is hottest and it accounted for over 20 percent or a greater proportion of the office demand…

‘Why planning revolution is critical for cities of the future’

With two-thirds of people expected to live in cities by 2050 and urban areas accounting for 70 per cent of the emissions that are propelling the planet into a climate unknown, the challenge is both clear and urgent: cities must be reimagined. In a report this year, the International Resource Panel said cities must be low-carbon, resource-efficient and socially just….

Convention seeks use of wetlands to tackle climate change

With time running out to reduce global carbon emissions by 45 per cent before 2030 and limit global warming to well below 2°C, The Ramsar Convention said wetlands provide a natural solution to making a daunting task more achievable. According to the convention, harnessing of the power of the planet’s most effective carbon sinks, wetlands in national and global efforts…

Nigeria cities burdened by inadequate planning, urbanisation

Although housing has continued to pose severe challenges in many parts of the country, the problems are however more peculiar and severe in Nigerian cities. With uneven distribution of goods, services and infrastructure, some of the cities have become major hub offering more prospects for citizens who are forced to migrate for greener pastures. The true scale of the…