News by Country
Published stories attached to Nigeria.
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A new $25 million investment fund is targeting distressed real estate companies across Nigeria. The strategy aims to turn struggling businesses into regional property powerhouses.
Building premium office space in Lagos now costs more than anywhere else in Africa. Rising demand and soaring construction costs are reshaping the continent’s commercial real estate landscape.
Luxury properties once owned by convicted drug traffickers have been sold to the highest bidders. The auction generated more than ₦6 billion as authorities intensify efforts to strip criminals of their illicit wealth.
A luxury Lagos hotel confiscated from convicted drug traffickers has been sold for ₦5.9 billion. The sale forms part of a wider government asset recovery drive that generated over ₦6.1 billion from forfeited properties.
A proposed tenancy reform in Lagos is dividing stakeholders over rent caps, eviction timelines, and agent regulation. While some see protection for tenants, others warn it could destabilise the rental market.
A new proptech platform is trying to fix Nigeria’s fragmented rental system with an end-to-end digital solution. It could change how tenants find homes, pay rent, and manage property services.
Annual rents have become so expensive that landlords are ditching long-term tenants. Short-let apartments are rapidly becoming the more profitable choice across Nigeria’s major cities.
Farmland values are climbing rapidly across Nigeria as investors and developers compete for land on urban fringes. Analysts say speculation and fast urban expansion are turning agricultural land into a real estate asset class.
A new development in Abuja is betting big on the future of “live-work-play” cities. The Jabi Prime Hub aims to reshape how residents and investors experience urban real estate in Nigeria’s capital.