ei Newsroom

Buzzing news & insights about real estate

It’s the only place you’ll get this kind of content.

Nigerians react as finance expert rates home ownership a bad investment

In Nigeria, buying a car is regarded as a liability while owning a house is rated as a good investment. However, this line of thought was recently questioned by finance expert, Tayo Oyedeji who argued that homeownership is a bad investment if the purpose is to live there.


Dual appointment for CDC Group in Africa

CDC Group, the UK’s development finance institution, today announced the appointment of Seema Dhanani and Benson Adenuga as Heads of Office for Kenya and Nigeria, respectively.


Lagos shuts Yaba/Jibowu axis for rail project

In furtherance of the Nigerian Railway modernisation project (Lagos-Ibadan section) with extension to the Apapa Lagos Port, the Lagos State government will be closing traffic on the Yaba and Jibowu/Ogunmorin axis from November 16 to 23.


Mixed developments yield more than single-use properties

Investment advisers at Cytonn Real Estate say mixed-use developments in Nairobi are more profitable due to their one-stop shop facilities compared to single-use market investments.


Investec Property Fund looks offshore as SA business liquidations rise

Investec Property Fund (IFP) said on Wednesday it is keeping its distribution guidance for the year to end-March unchanged at between 3% of 5%, though this is dependent on its offshore operations as SA conditions continue to deteriorate.


Ghana to construct a Neurosurgical Hospital

The government of Ghana has announced plans to construct a Neurosurgical Hospital for the treatment of brain-related diseases to improve neurological healthcare.


Why the LucreziaBySujimoto is the best luxury apartment in Banana Island, environ

For the first time in Nigeria, and probably in Africa, Sujimoto is building a Penthouse with a Private Golf Garden, Private Elevator, Private Pool on the 12th floor and Private Gym.  


PWAN Homes raises awareness for breast cancer

Disturbed by the rising incidents of breast cancer among Nigerian women, Property World Africa Network PWAN Homes, a Lagos-based real estate firm, has joined other stakeholders in raising awareness about the life-threatening disease and how to detect it early.  


Where You’ll Find The Most Luxurious And Expensive Residential Properties In Africa

If you’re looking to invest in some luxe property, then a recent review by AfrAsia Bank and New World Wealth of the most expensive cities and suburbs on the continent for prime residential property could come in handy.


The Lekki Catalyst for Nigeria’s Economic Growth

From 2022, Lagos State will earn about $7 billion annually from a new revenue stream: the Lekki Deep Seaport. At the recent signing of fresh investment in the construction of the seaport, Governor Babajide Sanwo-Olu said it has the potential to create 200,000 jobs and generate an estimated $350 billion in revenue for Lagos over […]


Access the data you need now

It's free to sign up! Check out reports, the directory and interactive dashboards.

Sign up for free