Helping landlords make the most of their property assets

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Maximised returns is the bottom line for property owners. And a strategic, proactive leasing approach can make all the difference to a productive commercial real estate investment. Take Illovo Green, for instance. This signature 80 000m2 mixed-use development in a prime location between Sandton and Rosebank in Johannesburg is aimed at progressive corporate, lifestyle and residential […]

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Serviced office – Ideal solution in a recession economy

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In a recession economy like Nigeria, many new entrants, particularly international corporates are still deciding whether to “stay” or “go”. A solution that companies are taking advantage of to buy more time before final decisions are made is serviced offices. This situation is what accounts for the stability in the serviced office sector of the […]

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The impact of regulation on the real estate industry in Nigeria

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How much should the government, state or federal agencies regulate emerging industries? The knee-jerk reaction of most entrepreneurs, fearful of having their companies squeezed by compliance costs, is “not at all.” But in some industries, like commercial real estate, that is probably not the best response. A better alternative would be to allow thoughtful leaders […]

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Economic speculation and its impact on the Nigerian real estate market

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It is important to examine the impact of the economic downturn on the real estate market in Nigeria – a topical issue that presents significant challenges to almost all economies (underdeveloped, developing and developed). In recent times, the drop in oil prices has left nations with undiversified oil based economy like Nigeria in economic crisis. […]

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Activity-based working is here to stay

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The way employees engage with their workspaces is a major influencer in how landlords are adapting their buildings to meet a whole new menu of requirements. These days, if tenants want to ensure employee efficiency and positive staff morale, the environment they house their business in is vital. Lifestyle and technology trends are instigating the […]

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Real estate data review – using House Price Indices as an example

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The Nigerian real estate sector lacks adequate transparency when it comes to data, sources and statistics. There is an urgent need for policies that will empower comprehensive documentation of all attributes of price determinants for the evaluation of various asset classes in Nigeria. It is thus important to recognise the need to develop a reliable […]

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