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Updated – Marriott Lagos Waterfront Hotel (Marriott Lagos, Victoria Island)

• <b>Name:</b> Marriot Lagos, Victoria Island;• <b><br>Floors:</b> 10 Floors;• <b><br>Keys:</b> 200;• <b><br>Investor/Developer:</b> Quantum Luxury Properties;• <b><br>Architects:</b> G1 Architecture;• <b><br>Site Area:</b> …

Hospitality

Developer offers luxury living at Landmark Towers, premium

Landmark Africa will by the end of this year open the doors of its luxurious tower to savvy corporate executives and multinational clients in need of …

Skyscrapers

Lagos Among 10 Worst Cities to Live in Globally

Lagos was ranked 137 out of 140 in the Economist Intelligence Unit’s (EIU) 2014 Global Livability survey that examines liveability conditions across …

Development: The Waves Towers, Victoria Island – Lagos

• Name: The Waves Office Development<br>• Location: Victoria Island, Lagos – Ozumba Mbadiwe Road<br>• Owners: Ecobank<br>• Status: On Hold<br>• Floors: 12<br>• Use: Mixed use<p>The …

Africa

Centenary City Abuja – What to Expect

The Centenary City in Abuja is a private sector driven project that was launched to mark the 100th anniversary of Nigeria by January 1st 2014. The …

The Wings, Victoria Island - Lagos

HVS publishes African Hotel Valuation Index

HVS, a global hospitality consulting firm, released its 2014 African Hotel Valuation Index, the first of such indexes. This Hotel Valuation Index …

Transcorp plans to invest US$110 million in the Lagos hotel market

Transnational Corporation of Nigeria Plc (Transcorp) is developing a Lagos hotel, to be managed and branded by Hilton, the U.S.-based hotel operator, …

Hospitality

NSIA Annual Report – The Real Estate Roundup

The Nigerian Sovereign Investment Authority (NSIA), managers of our country’s Sovereign Wealth Fund released their pioneer annual report last week. …

Development: Royal Gardens Mall, Lekki – Lagos

The Royal Gardens Mall is a planned 29,441m2 retail development situated on the busy Lekki-Epe Expressway in Lagos. On completion, the Mall will …

estate intel

Video - CNBC Africa

Lending to UK first time buyers increases again, latest CML data shows

Lending to first time buyers in the UK has hit its largest quarterly total since 2007 with 68,200 purchasing their first home in the second quarter …

Development: Jabi Lake Mall – Abuja

• <b>Name:</b> Jabi Lake Mall;• <b><br>Location:</b> Jabi, Abuja;• <b><br>Size:</b> 25,000sqm;• <b><br>Contractor:</b> Bouygues Construction;• <b><br>Developers and Investors</b>: Actis, Laurus Development …

Real Estate

Niche developers shake up UK housing market

Britain is engaged in an era-defining struggle to build more homes. But the answer might not lie in the most obvious place.<p>Much of the onus so far …

“@DolapoOmidire: Asset class periodic table by @NovelInvestor shows REITs impressive performance http://t.co/97cl8eiDI9 #realestate”

Wanda’s $1.2bn Hollywood dream becomes reality

Corporate China has already bought the cinemas and financed the films. Now it is moving into the heart of movieland by buying up one of Los Angeles’ …

Why are REITs good investment instruments?

REITs avoid a big chunk of corporate taxes by paying out most of its income through dividends. In return, REITs have their own tax rules which are …

Marriott International commits to Africa

Marriott International completed its acquisition of Protea Hospitality Group, a South African based hotel company, in April this year. The …

‘Asset Class Table’ Shows Impressive REIT Performance

A Spur of Completions

The development pipeline for prime grade property in Lagos has been growing at an unrelenting pace recently. Across the city, boards showcasing …

Updated – Development: Four Points by Sheraton, Ikot Ekpene – Akwa Ibom

• <b>Name</b>: <i>Four Points by Sheraton;</i>• <i><br>Location: Ikot Ekpene, Akwa Ibom;</i>• <i><br>Keys: 144 Standard Rooms, 2 Presidential Suites and 16 Regular Suites;</i>• <i><br>Total Gross Floor</i> …

Fighting the fear of Ebola in Nigeria - BusinessDay : News you can trust

Public health experts argue that Ebola won’t become a pandemic but warn that fear of the disease is more potent than Ebola. Epidemiologists say the …

Why investors avoid parking space devt despite huge opportunities - BusinessDay : News you can trust

In spite of the huge opportunities in the parking space business in Lagos— Nigeria’s commercial nerve centre—investors still find that segment of …

Sky News - First For Breaking News From The UK And Around The World

Top Stories<p>The Latest News from the UK and Around the World | Sky News<p>Prince Harry and Meghan Markle are to be known by the titles of the Duke and …

Lagos, Nigeria will witness a blitz of high-rise building completions within the next few years

Civic Center Tower, Lagos, Nigeria<p>The development pipeline for prime grade property in Lagos has been growing at an unrelenting pace recently. Across …