The Lagos State Government has taken a firm stance to clamp down on illegal real estate practitioners operating within the state by the year 2024, ensuring stringent compliance with regulations set by the Lagos State Real Estate Regulatory Authority (LASRERA). At a stakeholders’ engagement and interactive session organised by LASRERA in Lagos, Barakat Odunuga-Bakare, the Read More…
Tag: Real Estate
Jim Ratcliffe set to acquire 25% stake in Manchester United in $33 per share deal
Reports from Sky News suggest a potential milestone agreement between Manchester United’s American owners, the Glazer family, and British billionaire Jim Ratcliffe. The deal, set at $33 per share, signifies Ratcliffe’s acquisition of a significant 25% stake in the revered English soccer club. This impending deal, expected to be finalised imminently, marks the conclusion of Read More…
Lagos is a choice place to invest in real estate — LASG
Lagos State is a top destination for real estate investors and investees, according to Mrs. Toke Benson-Awoyinka, special adviser to Lagos State Governor Babajide Sanwo-Olu on housing. This was said by Benson-Awoyinka during a presentation at the Second Edition Stakeholders Summit of the Real Estate Developers Association of Nigeria (REDAN), Lagos State Chapter, which took Read More…
Lagos moves to restore activities to real estate sector
The Lagos State Government has said that deliberate policies and actions are ongoing to restore activities to the real estate sector of the state economy. Special Adviser to Gov. Babajide Sanwo-Olu on Housing, Mrs Toke Benson-Awoyinka, stated this at the Lagos Chamber of Commerce and Industry (LCCI) Real Estate Outlook 2022 webinar, on Tuesday. The Read More…
Michael Jackson’s Neverland ranch finally sells – but for fraction of original asking price
It has been bought by billionaire businessman Ron Burkle, who is a controlling shareholder of Soho House. Michael Jackson’s Neverland Ranch has sold for $22m (£16.2m) more than 10 years after his death. Billionaire businessman and family friend of the Jacksons, Ron Burkle, bought the 2,700-acre estate after spotting it from the air while viewing Read More…
Investment in real estate ‘ll reduce unemployment – Lagos Govt
Mrs Toke Benson-Awoyinka, the Special Adviser to Gov. Babajide Sanwo-Olu of Lagos State on Housing, says investments in real estate sector can guarantee mass employment for Nigerians and enhance economic growth. Benson-Awoyinka said on Monday in a statement that the Lagos State Real Estate Regulatory Authority (LASRERA) had not relented in its efforts to unearth various opportunities Read More…
Lagos Govt partners REDAN on housing
The Lagos State Government on Sunday said that it was ready to collaborate with the Real Estate Developers Association of Nigeria (REDAN), being a critical stakeholder in the development of the state. The Lagos State Commissioner for Physical Planning and Urban Development, Dr Idris Salako, made the assertion at the 2020 Maiden Edition of REDAN Read More…
Lagos seals 19 more buildings on Banana Island over planning permits
The Lagos State Ministry of Physical Planning and Urban Development on Friday said it had sealed 19 more buildings on Banana Island, Ikoyi, over lack of building permits. The ministry said in statement that the exercise was in continuation of the state government’s ongoing effort at regulating physical development in the state. Dr Idris Salako, Read More…
Lagos Govt unveils portal to stop fraudulent realtors
IN PICTURE ABOVE: From Left, Permanent Secretary Ministry of Housing, Mr Wasiu Akewusola; Commissioner for Housing, Mr Akinderu Fatai; Special Adviser to the Governor on Housing, Mrs Toke Benson-Awoyinka and permanent secretary Ministry of Information & Strategy, Mr Sina Thorpe during a news Conference on the Launch of Website /Registration Portal and Unveiling of Lagos Read More…