Posts by Guest Contributor

1
Things to Know About Home Finance and Real Estate Investing
2
Few Ideas for Customized Office Fit-Outs
3
Why Coworking Space are the Next Best Thing For Entrepreneurs In Lagos
4
Plan Floating Floors for Your Home to Get Unique Look
5
Photos From The Sogenal Tower Launch
6
Seven Tips About Home Finance and Real Estate Investing
7
Beyond Banners – Real Estate as a Career
8
Lagos State Unveils Urban Development Projects for Megacity Initiative
9
Thinking of Getting a Mortgage In Nigeria? Important Things You Should Know
10
Lagos Ranked Among Least Liveable Cities Globally

Things to Know About Home Finance and Real Estate Investing

Home loans are the top home financing options for enabling people to fulfill the dream of owning a home. While financial institutions are willing to lend, you need to be aware of how this type of home finance works to avoid disappointment. Familiarizing yourself with a financial product is essential before committing to a transaction or signing a legally binding document. The following are basic things you need to put in mind before applying for a mortgage:

Loan Eligibility

It is important to find out what the specific lending criteria is. Factors that affect your eligibility generally depend on the terms and conditions of particular lenders. Some lenders are more stringent than others and factors range from existing liabilities to your financial capability. Read More

Few Ideas for Customized Office Fit-Outs

Your office needs to be designed and decorated in such a manner that all your requirements are served. It is not just about beautification when decorating the interior of your office, but at the same time you also need to make sure that maximum utility is derived. That is the reason why it is important to plan the design properly before you implement it. Talking about designing the interior of the office, it is very important to take the fit-outs into consideration. The office fit-outs are the most essential elements when it comes to decorating the office. Read More

Why Coworking Space are the Next Best Thing For Entrepreneurs In Lagos

The journey of an entrepreneur is a daunting process and funding can be very difficult especially in a developing country like Nigeria. Ever since the increase of Internet users in Lagos and Nigeria as whole, more and more online businesses have sprung up with a lot of entrepreneurs exploring the digital space to solve hands-on problems. Most of these online businesses would need basic infrastructure to stay alive, even if they are cash-flow positive from day one.

An office space is a basic need for every entrepreneur, either you are working from home, a shared office space, or your own office. When you’re bootstrapping everything from the ground up by yourself with just little cash in the bank, the best would be to opt for a co-working space. Read More

Plan Floating Floors for Your Home to Get Unique Look

Many homeowners think that concrete floor is the only flooring option that is available for their homes. However, they can have floating floors for home if they want to have a unique design in their homes. Apart from glue-down floors, these floating floors have grown quite popular in the recent years, as these improve the appearance of your home from ordinary to extraordinary. They are no doubt a beautiful addition to your living place. This will make you feel proud of your house.

What is a Floating Floor?

A floating floor is a type of floor that is not required to be glued or nailed to the subfloor. This is where it is different from the concrete floors that we see in traditional homes. It is basically used to refer an installation method through which you can get a new floor quickly. It will make your home cozy and appealing and provide more warmth to the whole décor. Read More

Photos From The Sogenal Tower Launch

Sogenal Group and Eris Property Group on July 14th launched the Sogenal Tower Development in Lagos at the first of many events to be held in key cities across Africa and Europe.

The development, which will be located on the corner of Cameron and Kingsway (Alfred Rewane) Road, will offer 11,560sqm of Grade A leasable space spread out over 14 floors. Read More

Seven Tips About Home Finance and Real Estate Investing

Home loans are the top home financing options for enabling people to fulfill the dream of owning a home. While financial institutions are willing to lend, you need to be aware of how this type of home finance works to avoid disappointment. Familiarizing yourself with a financial product is essential before committing to a transaction or signing a legally binding document.

1. Loan Eligibility

It is important to find out what the specific lending criteria is. Factors that affect your eligibility generally depend on the terms and conditions of particular lenders. Some lenders are more stringent than others and factors range from existing liabilities to your financial capability. Read More

Beyond Banners – Real Estate as a Career

This article was written by Chinwe Ajene Sagna and it first appeared on JLL’s blog.

There is a general misconception on careers in real estate. I recently spoke to a group of young people who spoke derisively about the profession, describing it as “hustlers who don’t even know the landlords and are going from house to house looking to make small change.” There are a number of these informal estate agents who at best have tenuous relationships with property owners and for the most part act as go-betweens between tenants and principal agents.

These agents interact with many people and end up serving as the public face of the industry, but this is not a true representation of our profession. When you go just below the surface, you find that there is more to a real estate career than hanging banners advertising a property “To Let” or “For Sale”. Read More

Lagos State Unveils Urban Development Projects for Megacity Initiative

In a communique released on March 15th 2016, the Lagos State Government (LASG) unveiled plans to partner with suitable entities on a Public Private Partnership basis for the development of shopping malls, hotels, recreation parks, Zoos, theme parks and residential apartments. The LASG requested that entities with track record express interest in specific sites across the city, which are now available for development.

The effort is part of a Megacity Initiative where Lagos State is pushing to provide infrastructure and facilities that will enable the city cope with its large population. Read More

Thinking of Getting a Mortgage In Nigeria? Important Things You Should Know

Housing delivery system in Nigeria is a combination of many interrelated components which include land, infrastructure, building materials, policies, building regulations and more importantly the finance component. Finance in housing delivery is very important because of the huge financial requirement for housing production. Many researches have been conducted along this line by scholars in the building industry and suggestions were made on the need to strengthen the cooperative housing system in Nigeria in order to ameliorate problem of housing finance. Read More

Lagos Ranked Among Least Liveable Cities Globally

New analysis from the Economist Intelligence Unit (EIU) has shown that Lagos maintained its position at #137 in a survey examining liveability conditions in 140 cities across the world. Similar to 2014, Lagos ranked with the likes of Damascus in Syria, Dhaka in Bangladesh and other cities in Zimbabwe and Libya.

The liveability score is reached through analysis of five category weights, that consider factors like Stability, Healthcare, Culture and Environment, Education and Infrastructure. These indicators are scored and weighted to produce a rating, where 100 means that liveability in a city is ideal and 1 means that it is intolerable. Lagos scored 39.7. Read More

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