Real Estate

REDAN Breaks Ground on 2,400-Unit Smart Estate in Abuja, Tackling 14.9m Deficit

The Real Estate Developers Association of Nigeria (REDAN) has broken ground on The Embassy, a 2,400-unit solar-powered smart estate in Abuja’s Wuse/Wasa district, aimed at scaling private-sector delivery against national housing gaps.

Anambra State Sets December 31 Deadline for C of O Recertification

The Anambra State Government has announced a final December 31, 2026 deadline for property owners across the state to complete their Certificate of Occupancy (C of O) recertification and regularize land titles.

South-South Property Values Soar as $1 Billion Port Modernization Sparks Land Rush

The Federal Government’s impending execution of the $1 billion port modernization programme has triggered a significant land rush across the South-South region, driving up industrial property values and surging demand for logistics facilities in Port Harcourt, Calabar, and Warri.

Luxury Developers Chase a New Class of International Buyers

Property developers are designing increasingly sophisticated projects for international investors and high-income buyers.

Mixed-Use Developments Lead the Next Wave of Urban Growth

Developers are combining homes, offices, retail spaces and entertainment facilities to create more connected urban communities.

Land Prices on the Outskirts Double as Cities Expand

Rapid urban expansion is pushing property developers toward previously overlooked areas on the edges of major cities.

Suburban Housing Demand Surges Among First-Time Buyers

High prices in major city centers are pushing first-time buyers toward more affordable suburban communities.

Construction Costs Ease for the First Time in Two Years

Developers are seeing signs of relief as some building material and logistics costs begin to stabilize.

Commercial Real Estate Sees Renewed Demand From Regional Businesses

Businesses expanding into new markets are driving demand for offices, warehouses and mixed-use commercial properties.