News
Catch up on the latest real estate news, updates, and development stories from African markets.
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A new high-rise residential tower in Ikoyi targets Lagos's premium housing market by combining eco-friendly infrastructure, high-end amenities, and strict structural compliance standards.
Despite a N50 trillion financing gap and over 20 million deficit in housing, Nigeria’s N600 million listed REIT market remains underutilized for mass residential funding amid high interest rates and regulatory constraints.
Weak project financing, delayed infrastructure, and over-reliance on off-plan buyer deposits leave subscribers holding illiquid plots in stalled residential developments across Nigeria.
The FCT Administration has formally shut the secretariat of the dissolved committee overseeing the sale of Federal Government houses in Abuja. A new division within the Department of Land Administration will now handle related matters.
Bigger federal allocations could give Benue and Nasarawa more firepower for infrastructure development. The additional funding is expected to support projects aimed at improving roads, connectivity and broader economic activity
Lagos’ infrastructure ambitions could be undermined by weak coordination between key project stakeholders. LWC and Julius Berger are calling for closer collaboration to improve delivery and the city’s rapidly expanding infrastructure network.
Kogi lawmakers are advancing a new tenancy law aimed at curbing arbitrary rent increases and excessive agency charges. The proposed framework would also require estate agents to register with the state Ministry of Housing.
Enugu State has regained control of a disputed 1.4-hectare property in Abuja’s Wuye District and started construction of a 43-unit residential estate. The project combines public land with private-sector development expertise after a three-year delay.
Residents of Abuja’s Lugbe FHA Estate are asking authorities to clarify the community’s approved master plan after proposed construction along a road corridor raised concerns about access, drainage and future development.