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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Flexibility in (Real Estate) Payment Plan

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It’s just good business to offer your customers options for making payments. These options can include payment plans using credit or debit cards, online payments, checks, cash, loan, money orders, automatic withdrawals or western union to acquire services or products. “People tend to resist that which is forced upon them. People tend to support that […]

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With the right strategy, Africa remains the destination of the future

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The inaugural JLL Africa Connects held in Johannesburg in April 2016 was attended by property professionals from Kenya, Egypt, Nigeria, Morocco, Angola, Ghana, Mozambique and South Africa. During the sessions I was able to ascertain that Africa is a continent which has a multitude of countries with different laws, cultures and ways of doing business. […]

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