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The World’s New Tallest Building that no one is happy about – Kingdom Tower

At over 1,000 meters, Kingdom Tower will be the centrepiece of the $20 billion Kingdom City real estate development in Jeddah, Saudi Arabia near the Red Sea. The tower itself is expected to cost $1.2 billion to construct and will be a mixed-use property featuring a luxury hotel, office  space, serviced apartments, luxury condominiums and the world’s […]

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The new Nigerian Infrastructure section

Our first post for the new Nigerian Infrastructure section on the 2nd Niger Bridge is ready and will be released after the Easter Holiday on Tuesday the 22nd of April! Posts on the 4th Mainland Bridge in Lagos and other infrastructural development projects across the country will follow shortly. Thanks for reading.

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Makoko Floating School – Sustainability in Nigeria

Behold, Makoko Floating School, a prototype structure that addresses physical and social needs in view of the   growing challenges of climate change in an urbanizing African context. Sustainable building is a relatively new phenomena in Nigeria and despite obvious benefits many Nigerian’s are not sold. Real estate developer’s including Actis are seeking accreditation from sustainable […]

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Nigeria is about to be forced into solving its problems – QZ

Nigeria has gained the crown as Africa’s largest economy, a status that could at last force its government to answer more for the country’s socioeconomic shortfalls than its new commercial success. The West African nation surpassed longstanding business beacon South Africa over the weekend, after a government statistical revision nearly doubled its GDP output. The […]

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Ado Bayero Mall – Nigeria’s Largest Shopping Mall Opens!

On the 20th of March, Shoprite in Ado Bayero Mall in Kano finally opened its doors to the public despite growing security concerns in northern Nigeria. Following an aggressive expansion drive, the South African retailer that has 1,800 outlets worldwide now has 8 malls in Nigeria and plans to open 4 more before year-end. The […]

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Nigerian HNWIs have 25% of their assets in real estate

A recent research report  has shown that real estate was the largest asset class for Nigerian High Net Worth Individuals (HNWIs). The report which evaluated asset allocation trends of Nigerian HNWIs  explained that a total of 25% of their assets were held in real estate in 2013. However this was down 2.3% from 27.3% in […]

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Sovereign Wealth Funds – What are they?

Sovereign wealth funds are investment funds owned by governments of sovereign states and funded by foreign exchange and reserve assets. They are generally funded by revenues accrued from the   export of non-renewable natural resources, usually oil and other hydrocarbons taxed or owned by the government, or by transfers of   reserves held by countries […]

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Nigerian Sovereign Investment Authority To Invest In Local Real Estate

The Nigerian real estate sector is set to receive a share of the country’s abundant oil revenue through the recently established Nigerian Sovereign Investment Authority (NSIA). Before the fund was approved in 2011, it was still the Excess Crude Account (ECA) initially created to act as a stabilisation fund, closing budget deficits that are a product […]

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Marriot Hotel, Lagos

The Lagos hotel is made-up of 315-rooms and 75 luxury apartments of between 2-4 bedrooms at the Okunde Water Front (Lekki Phase 1) with a land area of 2.385 Hectares. The hotel has water-front access, self-sustaining infrastructural facilities such as waste recycling plant, power and water. The entire facility will be constructed to world class […]

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The Shard is finally getting tenants but is still only 30% full

The London Bridge Quarter (LBQ) currently includes two 2 buildings (The Shard and The Place) in the South Bank region of London. It was developed in a bid to create a new commercial district in what has been described as one of London’s most significant transport interchanges, London Bridge. The Shard, a part of the […]

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