One way or another, the livability and sustainability of an environment translates into the wealth and well being of people in both urban and rural communities which is why Gravitas Investments, a real estate development firm, recently encouraged and even enabled people in a Lagos community to be conscious and sensitive to their environment.
From The WebReal estate, infrastructure, and other stories from different websites across the web.
Due to the high cost of acquiring properties in Nigerian cities, many have resulted to renting apartments, but getting suitable accommodation has now become more difficult than building one. This is because the fresh tricks by estate agents who post nice pictures of available apartments for rent online without actually having them.
For those in the informal sector of the Nigerian economy, the plan by the Federal Government to get them adequately integrated into the financial system recently took another leap with the micro-pension plan initiative. Sunday Ojeme reports
The development by one of South Africa’s oldest rural shopping centre developers, McCormick Property Development (MPD), of a massive shopping mall in Pretoria West costing at least R1.2 billion has been given the green light.
Hospitality group Marriott International has announced summer discounts across its properties in the Middle East, Africa. According to a report by Arab News. The group is offering a 25% discount at more than 250 Marriott International properties.
A new report from CBRE, says the rising cost of leasing prime office space accelerated across the globe due to continued economic growth, job gains and limited availability of prime space in certain markets. Of the 122 markets tracked by CBRE, 85 registered cost increases.
Saddened by the perennial traffic gridlock on Apapa raod, NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited, has announced the relocation of some of its operations from Apapa to Oregun and Port Harcourt, the River State capital. Paul Farrer, Managing Director, NASCON, told shareholders at the company’s Annual General Meeting that the Apapa gridlock affected the movement of raw materials to Oregun , timely delivery of finished goods to customers and increased turn-around time of the company’s trucks.
The Nigerian Electricity Regulatory Commission (NERC) has confirmed that it is already working out a model as it embarks on wider stakeholder consultations to enable it effect the much awaited Multi Year Tariff Order (MYTO) early next year.
The Tourism Grading Council of South Africa (TGCSA)has released a statement regarding their recently augmented its grading criteria. The grading council has added three new categories: apartment hotels, small hotels and boutique hotels and added accolades for properties that promote Responsible Tourism.
Bai Lamin Jobe, minister of Works, Transport and Infrastructure has told deputies at the National Assembly that part of the 50 kilometres of urban roads is earmarked for construction under the OIC portfolio. He added that the expansion of the Bertil Harding Highway between Sting Corner and the Brikama Highway is also part of the plan.