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Funding trends

  • Developers deploy new funding method in real estate projects

    • January 15, 2021
    • Posted by: admin
    • Category: Business plans, Economics, Finance & accounting, Funding trends, Innovation, Real Estate
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    With the high cost of loans and non-availability of long-term funds for real estate projects, developers have evolved new options to meet the needs of prospective homeowners. Currently, real estate developments, comprising residential, commercial, and industrial are becoming more capital-intensive due to the inflation affecting building materials, making it inevitable that developers would need external

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  • Why Airbnb Struggles In Nigeria

    • December 18, 2020
    • Posted by: admin
    • Category: Business plans, Competitive research, Economics, Funding trends, International, Real Estate
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    ICT is facilitating the process of socio-economic development in Nigeria. It has offered new ways of exchanging information and transacting businesses, efficiently and cheaply. It has also changed the dynamic natures of financial, entertainment, and communication industries and provided better means of using the human and institutional capabilities of the nation in both the public

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  • Real Estate Bargain Shopping: How to find good deals

    • September 11, 2020
    • Posted by: admin
    • Category: Funding trends, Innovation, International, Investment, Real Estate
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    Real estate investors, along with the rest of society, are what you may consider conscious consumers. Every time a truly good deal presents itself, investors would be hard pressed to pass it up. After all, a real estate bargain presents the perfect opportunity to maximize profits. The cheaper you can acquire a property, the more attractive the

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  • Lagos Plans new Housing Scheme for Young Professionals

    • August 22, 2020
    • Posted by: admin
    • Category: Funding trends, Innovation, Investment, Real Estate
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    Better days may be in the offing for young professionals in Lagos as the state government is planning a new homeownership scheme to solve their peculiar housing challenges. The scheme christened “HOME4MORE”, targets young professionals with the aim of giving them a good start in life. It was learnt that the scheme would be channelled

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  • Stamp Duty: Landlords Don’t Need to Increase Rent, Says FIRS

    • August 1, 2020
    • Posted by: admin
    • Category: Business plans, Economics, Finance & accounting, Funding trends, Investment, Real Estate
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    The Federal Inland Revenue Service (FIRS) has explained that there is no basis for landlords to embark on rent increment in relation to the stamp duty payable on tenancy and lease agreement by tenants in the country. FIRS had, about a week ago, mandated landlords and property agents to charge six per cent stamp duty on all tenancy and

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  • How COVID-19 impacts buyers in real estate market

    • June 8, 2020
    • Posted by: admin
    • Category: Business plans, Funding trends, International, Investment, Real Estate
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    Notwithstanding the positive outlook for the Nigerian property market in 2020, the COVID-19 pandemic has impacted negatively on the market, leaving property investments in disarray. With the disruption, home buyers are still hesitant to buy. For them, the period was not ripe to invest as they don’t know how long the pandemic will last and

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  • Why real estate auctions are failing in Nigeria

    • February 7, 2020
    • Posted by: admin
    • Category: Competitive research, Funding trends, Investment, Real Estate
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    Efforts by real estate professionals, government agencies and developers to use auctions as an alternative method for disposal of properties may have hit rocks, as recent events show that it’s yet to gain prominence in the industry. The trend began in the 70s in the United States and others, when some developers found auctions as

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