China to increase credit support for rental housing market – c.bank
China will increase its credit support for the development and construction of rental housing, the central bank and the financial regulator said in suggestions on how to support the rental…
KPMG Urges $14.2 Billion Yearly Investment for 10 Years to Bridge Nigeria’s Infrastructure Gap
KPMG's analysis of Nigeria's economic landscape exposes worrying signs, attributing the plummeting investor trust to major corporations exiting the country. Urging sustained annual investments of $14.2 billion over a decade,…
Pioneering housing initiatives win at 2024 World Habitat Awards
Eight outstanding projects that demonstrate innovative and transformative approaches to housing, from community-driven solutions to climate change adaptation, have been recognised at the 2024 World Habitat Awards. World Habitat, the international…
Abuja Court Orders Tenant’s Remand for Alleged Assault on Landlord
A dispute between a tenant and his landlord led to a significant legal development at the Kabusa Grade I Area Court in Abuja. Chris Okoye, a 44-year-old tenant residing at…
Japan Plans to Construct 10,000 Homes for 1 Billion Digital Nomads by 2035
Mitsubishi Estate has announced plans to offer housing for digital nomads in Japan, aiming to operate a total of 10,000 rental homes by 2030. The company has reached a licensing…
South Africa’s Housing Crisis: Blocked Projects and Unfulfilled Promises
The Department of Human Settlements (DHS) in South Africa is wrestling with an overwhelming predicament: a staggering number of incomplete and blocked housing projects. Despite the rollout of the ‘National…
Tanzania- Low cost Of housing in limbo amid high cost of building materials
A number of key developers - mainly public institutions - are involved in the construction and selling of low-cost houses. National Housing Corporation (NHC), Watumishi Housing Investment (WHI) and pension…
Nigerian FCT Minister, Wike Confirms Receipt Of N50billion Supplementary Budget To Carry Out Projects
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, announced on Thursday that the Ministry of Finance has disbursed N50billion to the FCT for ongoing capital projects. The release…
FHA Denies Demolition Plans for Zhidu Community Amid Land Dispute
By Taiwo Ajayi The Federal Housing Authority (FHA) has stepped forward to disavow any involvement in the intended demolition of Zhidu community near Lugbe Phase II in Abuja. In a…
Spending on affordable housing in England to be slashed in 2024
Housing associations in England have cut their planned spending on new affordable homes in 2024 in the face of budget presures, threatening to worsen the UK’s acute shortage of social…