AG Mortgage Bank’s Drive to Alleviate Nationwide Housing Shortage Through Funding Initiative
AG Mortgage Bank plc has successfully concluded the initial segment of its N2 billion tier-2 capital issuance, marking a milestone through its Special Purpose Vehicle, AG Funding SPV Limited. During the signing ceremony over the weekend, Ngozi Anyogu, the Managing Director of AG
2024 real estate predictions from experts across the country
Featuring the perspectives of real estate executives: Jenni Bonura, President and CEO, Harry Norman REALTORS in Atlanta Sophia DePallo, Realtor and Team Leader, Retsy Real Estate in Scottsdale, Arizona Mike Golden, Co-CEO, @properties in Chicago and Christie’s International Real Estate Seth Kaufman, Chief Sales Officer, ONE Sotheby’s International Realty in South Florida
How should we regulate the real estate industry?
In places like Dubai, where real estate accounts for 20% of GDP (compared to an average of 7% in most other countries), governments need to reconsider regulation of the real estate sector. This is necessary in order to ensure that the sector continues
New York Unveils Innovative Housing Financing Initiative to Boost Affordable housing
In a recent development, the New York City Department of Housing Preservation and Development (HPD) has unveiled an innovative financing initiative named the Mixed-Income Market Initiative. This program is strategically designed to target ‘mostly-affordable projects,’ with a primary goal of catalyzing housing construction
Middle-Income Earners Face Challenges in Acquiring Homes Amidst Surging Housing Costs
Since gaining independence, Nigeria has grappled with persistent challenges in its housing sector. The demand for housing consistently outstrips supply, pushing prices beyond the financial reach of many citizens, particularly those with moderate incomes. This report, delves into the factors, including rising building
The 15 Largest Real Estate Companies In The World In 2023
The process of buying a house is stressful in its best moments and absolute hell in its worst. To avoid the most hellish parts, nearly 30% of all home buyers and sellers turn to real estate companies to assist them in the demanding
2024 budget – Fed ministry of Housing and urban Development lists priority projects
The Ministry of Housing and Urban Development has listed its priority projects for 2024, including the construction of 20,000 housing units to provide affordable shelter and reduce the housing deficit bedevilling Nigeria. The Minister in charge of the ministry, Ahmed Dangiwa, gave the
FG budgets N4.1bn to upgrade slums
The Federal Government, through the Ministry of Housing and Urban Development, will be spending N4.1bn in the 2024 budget to upgrade slums in 24 locations across 18 states. The project will the government provide the selected slums water supply, solar street lights, rehabilitation
Copen, Modern Shelter, Cosgrove bag Merit Award at AHA 2023
Incorporated in January 1992, Copen Services Limited has expanded over the past few years from its humble beginnings as a small business into a sizable real estate development and multidisciplinary organization. This feat earned it an award as the most admired real estate
France’s new law restricts Nigerians, others from housing, other welfare benefits
The French parliament has passed a controversial immigration law that restricts family reunification for migrants, delays access to welfare benefits, and creates a two-tier system of citizen and non-citizen rights. The legislation, supported by President Emmanuel Macron but backed by both his centrist
