News of juliusp RSSThu, 23 Mar 2023 06:25:58 GMTA real estate firm, Messrs Andron Homes and Properties Limited, has said that the availability of decent housing for Nigerians is a key element of a great nation.The firm also promised more affordable land and flexible payments for the citizens to bridge housing deficits in the country.The Group Managing Director of the company, Adetola King, said this at an event to mark Nigeria’s 62 Independence anniversary in Lagos. He disclosed that the firm is committed to bridging the housing deficit in Nigeria and other African countries.He said: “Our mission is to make housing affordable to Nigerians, regardless of social class remains a priority. Adron Homes have continued reaffirming confidence in a great Nigeria, where basic facilities will be available. A glance at world events would certainly give us reasons to be thankful. Undoubtedly, we may not yet be where we want to be, but as our democracy evolves, things can only become better.“We deem it fit to celebrate with the nation by offering a 50 percent discount in all our estates. We take pleasure in offering a variety of ready-to-live apartments and housing solutions with ultra-contemporary designs that meet international standards at reasonable prices.”

]]>Thu, 23 Mar 2023 06:25:58 GMT• How country can improve on rating, by expertsNigeria has been scored low in the 2022 Global Real Estate Transparency Index (GRETI) released by JLL and LaSalle Investment Management. Out of 156 cities across 94 countries and territories covered globally, Nigeria was ranked 60. GRETI has been charting the evolution of real estate transparency across the globe since 1999. Updated every two years, this edition, the 12th, is based on a comprehensive survey of the availability and quality of performance benchmarks and market data, governance structures, regulatory and legal environments, transaction processes, and sustainability instruments.The report revealed a widening transparency gap, as leading countries pull further ahead and set higher standards, from new regulations covering energy efficiency and emissions standards for buildings and climate risk reporting; to raising the bar for Anti-Money Laundering (AML) and beneficial ownership reporting.It also provides deeper data on everything from office utilisation rates to niche property types, supported by the rapid uptake of technology. Progress lower down the global rankings has been slow, as many jurisdictions plateau or even regress and they will need to move faster to meet heightened expectations.Pressure has continued to grow for the real estate industry to meet the challenge of decarbonization. Sustainability – and the race to net zero emissions – has become the new marker of transparency as investors, companies, governments, and the public look for clear long-term targets, regulatory standards, and metrics to measure their environmental impact and risk.Sustainability has been the biggest driver of transparency improvements across markets in GRETI 2022, with the increasing number of countries and cities setting mandatory energy efficiency and emissions standards for buildings and the more widespread adoption of green and healthy building certifications. The leading markets are now also beginning to mandate sust... Read more

]]>Mon, 20 Mar 2023 13:33:14 GMTReal estate practitioners have identified creativity as one of the essential tools needed for wealth creation, especially in the real estate sector. They spoke, at the weekend, during Mega Summit 2023, entitled: ‘Strategies for Increased Financial Growth’, organized by TeamFocus Realtors Group in Lagos.The practitioners, who spoke at the summit, included the Managing Director/Chief Executive Officer (CEO), Adozillion Realty, Dr. Simon Adozi; Paul Foh and Managing Director/CEO, Own Your Life institute, Dr. John Mukoro.Others are Ace comedian, Atunyota Alleluya Akpobome, alias Alibaba, who said there were other imperatives needed to aid creativity for sustainable wealth creation. This includes skill technology, information, mentorship, experience, teamwork, self-education, goals, sane mind, healthy competition, publicity, communication skills/review mechanism, among others.Similarly, Adozi, Foh, and Mukoro urged realtors and real estate professionals to leverage on capacity building through self-development and confidence, the acquisition of knowledge, honesty, doggedness, and the setting of long-term but achievable goals.They further advised realtors and other participants to pay less attention to short-term monetary gains and to focus on future gains. Speaking on why the group organized the summit, the company’s Director, Public Relations, Mrs. Uche Amatokwu, said it was the firm’s way of reaching out to many growing realtors and other real estate practitioners, as well as empowering them through training.Also, the group’s President, Mrs. Olubukola Oloruntoba, said the free summit was in line with the firm’s slogan, ‘TeamFocus-inspiring You for Growth, which is like “building a family of achievers in the real estate business across the country and beyond.”Highlights of the event was the presentation of a car by Signature Lottery Homes, to Mukoro, as its outstanding realtor, gifts presentation to winner realtors, and testimonies, among others.... Read more

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