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Nigerian real estate sector to grow by 10% annually

Contrary to pre- vailing eco- nomic head- winds across sectors of the economy, experts project that the Nigerian real estate sector will experience a gradual growth. Adekunle Oyinloye, managing direc- tor, The Infrastructure Bank (TIB), says the real estate sector is projected to grow by 10 percent annually in the next 10 years. Read More  

Low spending responsible for infrastructure deficits - Experts

The absence of basic social infrastructure is the albatross of the country’s economic growth, experts in facilities management have said. The experts noted at the 4th Facility Management Roundtable that the country’s infrastructure remained underdeveloped compared to those of other fast-growing emerging economies. Read More    

Constraints in Land Use Act identified

The Land Use Act of 1978 vests all lands in the hands of the Government and does not allow for the private ownership of land by individuals or corporation. According to the Act, the Governor of each state has the power to allocate urban lands, and local area councils have the power to allocate rural lands. Read More

Stakeholders canvas title documents' perfection

In an effort  to identify the challenges associated with the perfection of titles and the way forward, a law firm, Tayo Tiwo and Co, in collaboration with a public affairs  consulting firm, SOFUNIX Investment and Communications, last weekend organised a one-day seminar in Lagos, with the theme: Perfection of titles in Nigeria: Issues and Resolutions. Read More

Grenades Homes appoints HOK London for Atlantic Resorts 

ANOTHER unique project is set to join the scores that have been gracing the Lagos ocean view in the recent years. Dubbed “Atlantic Resort Estate”, the project, a mixture of residential and hotel facility is coming from one of the foremost developers, Messrs Grenadines Homes. Located along Water Corporation Road, Victoria Island Extension, the development is to occupy a 35,000 square metre land space of the prime oceanfrontRead More


New Development Focus - Mikasa Estate

Mikasa Estate or Residences is the newest residential development to emerge in the highly acclaimed Abuja housing market. Designed as a low density residential development, Mikasa Estate offers future residents a unique and thrilling living experience with all the on-site facilities and amenties to be provided in the estate. Read More 

Spotlight on Lagos Housing Development - Eko Atlantic City

You can now download our latest Spotlight series report which takes a special focus on the Eko Atlantic City project. Click Here

Accessing Mortgage Finance

Visit our newly added resources page to find out the simple procedures on how to obtain mortgage finance from Primary Mortgage Institutions. Click Here 

RAC Featured New 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

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General Enquiries

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