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Lagos State and EFCC Join Forces to Crack Down on Real Estate Fraud
LASRERA and the anti-graft agency strengthen inter-agency cooperation to investigate and prosecute property scams, fake titles, and document forgery across the state.
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Catch up on the latest real estate news, updates, and development stories from African markets.
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Cape Town CBD Property Investments Surge 41% to R12.8 Billion in 2025/26
The State of Cape Town Central City Report reveals strong investor confidence, with 29 active projects driving a massive wave of residential and commercial property development.
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FMBN Finances 1,590 Homes in Nasarawa, Unlocks ₦9.5bn for Renovations
More than 1,590 homes have been financed in Nasarawa as Nigeria’s housing finance push expands. FMBN has also channelled over ₦9.5 billion into renovation loans for more than 10,600 civil servants, combining new housing delivery with upgrades to existing homes.
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Lagos Seals Over 20 Ikeja Properties for Planning Violations
More than 20 properties in Ikeja have been shut down as Lagos intensifies enforcement of planning rules. The crackdown highlights growing pressure on developers to secure approvals before construction or major alterations.
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Edo Plans to Sell Prime Lagos Property to Fund Benin City Infrastructure
Edo State wants to turn a prime Victoria Island property into funding for a major Benin City project. But the proposed sale is already raising questions about whether valuable public land should be sold or retained for future returns.
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Abuja Rents Surge Up to 120% as Housing Affordability Crisis Deepens
Rents in some Abuja neighbourhoods have jumped as much as 120% in two years, pushing more households toward the city’s outskirts. With rent consuming up to 70% of household income, affordability is becoming a defining challenge for the capital’s housing market.
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Nigeria’s REITs Outpace Lagos Housing as Investors Chase Higher Returns
Nigeria’s listed REITs are delivering returns that beat rental yields from several Lagos residential markets. With UPDC REIT up more than 41% and UH REIT above 35% in 2026, investors are getting a new way to gain property exposure without owning a building.
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Nigeria Plans Tougher Housing Rules to Protect Buyers and Attract Investors
Nigeria is preparing stricter rules for property developers as authorities seek to protect homebuyers from costly housing scams. Mandatory licensing and escrow accounts could fundamentally change how off-plan properties are sold.
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Ghana Building Cost Inflation Hits 3.1% as Equipment Costs Surge
Ghana’s construction cost pressures remain subdued overall, but equipment costs are flashing a warning sign. Building cost inflation rose to 3.1% in June even as overall input prices fell slightly month-on-month.