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Dennis Isong: Mistakes Nigerians in the Diaspora Make When Buying Properties in Nigeria

Many Nigerians living abroad love to invest in Nigeria but sometimes they go about it the wrong way and end up making grave mistakes. A 2018 report shows that diaspora flows into Nigeria totaled $23.63 billion, representing 6.1% of Nigeria’s GDP. This shows that many Nigerians in the diaspora may have the purchasing power to buy […]

The post Dennis Isong: Mistakes Nigerians in the Diaspora Make When Buying Properties in Nigeria appeared first on BellaNaija - Showcasing Africa to the world. Read today!.

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Business

Firm to grow real estate operations

U.O.O Nigeria Plc has said it will leverage on its core business area where it has comparative advantage such as in real estate, property development and management for its growth. It said this in a statement on Monday titled ‘U.O.O Nigeria Plc holds 30th AGM, declares bright future’. The statement said during the 30th annual […] Read Full Story

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HouseAfrica partners Domineum to unlock trapped real estate value in Nigeria

HouseAfrica

HouseAfrica, furthering its dedication to making African real estate transactions seamless and transparent, has announced a strategic partnership with Domineum, an enterprise blockchain technology and back-end services provider. HouseAfrica’s PropVat.com, Africa’s largest property technology platform, connects real estate stakeholders, property developers, home buyers, financial institutions, valuers and government regulators to verify and validate property authenticity […] Read Full Story

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Here are reasons real estate was able to crawl out of recession in Q4’20

Though some analysts argue that opportunities offered by Covid-19 contributed to real estate exiting an 18-month recession in the fourth quarter of 2020, experts who spoke at a recent Lagos Business School (LBS) Breakfast Meeting think differently. Increased construction activities and investors scrambling for attractive yields, they say, are the main reasons the sector was […] Read Full Story

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No formal retail space deliveries expected in near-term mirrors a struggling sector

The news that there are no near-term deliveries expected in the formal retail space as stated in Broll Intel Property’s recent ‘Retail Market Viewpoint’ emphasises the grim situation in the sector. That piece of information only mirrors a sector that is struggling, meaning that both landlords and retailers/tenants are also struggling while new investments in […] Read Full Story