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PwC report shows that Nigeria's real estate value to hit $13.65b in 2016

ACCOUNTING and auditing giant PricewaterhouseCoopers (PwC) has predicted that the real estate sector’s value will next year rise from $9.16billion to $13.65 billion next year. In its report, titled: Real Estate: Building the future of Africa, it said the sector is growing at a rate of 8.7 per cent, making it the sixth largest in the economy. Read More  

Pivotal enters Nigerian market, set to acquire 37% stake in the Wings 

Burdened by lack of expansion opportunities in the retail segment of South Africa’s property market, Pivotal Property Fund is in Nigeria looking to increase its exposure in emerging markets with immense potential. The company, which recently listed on Johannesburg Stock Exchange (JSE), says it will formally enter the Nigeria property market by acquiring 37.1 percent stake in the upcoming The Wings project – a 15-floor prime grade commercial office building developed by RMB Westport and energy group, Oando,  in Victoria Island, Lagos. Read More    

Real estate, infrastructure top agenda for facilities management roundtable

IN an effort to stimulate opportunities in real estate and infrastructure sectors that can increase their contributions to the nation’s Gross Domestic Product, one of Nigeria’s leading Facilities Management Company, Alpha Mead Facilities and Management Services Limited (AM Facilities) is staging facilities management roundtable on key sectors of the economy. Read More

Unicem, LAPO sign pact on affordable homes

The United Cement Company of Nigeria has signed a Memorandum of Understanding with LAPO Microfinance Bank for the building of affordable houses. The Managing Director, UniCem, Mr. Olivier Lenoir, said the project tagged: ‘Easy Home’, was aimed at addressing Nigeria’s huge housing deficit of 17 million unitsRead More


New Property Listings Now Available!!!

We have new mandates from vendors looking to sell their properties located across Lagos from Yaba to Lekki. To find out more about them please Click Here   

RAC Lagos House Price Index - 2015 

Outlook 

The RAC Lagos House Price Index was launched in 2011. It is the first index of its kind to show movements in house prices in Lagos based on average asking price. The last 12 months has been a very interesting period for the Lagos real estate market. As we predicted, house prices rose by single digits across the Lagos Island and Mainland markets. Read More

Development Focus - Peace Court, Lekki

The first phase of Peace Court is set to be delivered in June and limited units still are available, off-plans sales for the phase two have also commenced  Click Here

RAC Featured Residential Developments  

•  Alcove Homes

•   Illiniois Court

• undefined   Peace Court

•   Praiseville Gardens Estate

•    Royal Estate

To see more of the residential developments we are currently promoting please Click Here

RAC Research Reports

You can download our past research reports from our reports page, please Click Here

Advertising Enquiries

For real estate developers looking to promote their developments and would like to advertise on our platform, please send an e-mail to admin@rac.com.ng

 

General Enquiries

For general enquiries into any of the developments we are promoting on our platform, please send an e-mail to info@rac.com.ng
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