The largest Middle Eastern Bank, begins British Take Over

Optivo, one of the largest social housing providers in the UK, has secured a revolving credit facility worth £50 million ($60.6 million) from the UAE's largest bank. The three-year deal with the UK unit of First Abu Dhabi Bank is part of a £200 million financial boost for Optivo as it looks to build 4,850[...]

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The third most affordable City for Prime Real Estate is Dubai!

The emirate is behind Cape Town and Kuala Lumpur, according to the Savills World Cities Prime Residential Index for the first half of 2019. While in-house Savills research into prime residential rental yields, highlight Dubai as the fourth best global hub for returns on investment (4.6 percent). The report reveals prime prices in Dubai have[...]

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Innocent Nigerians Duped by Real Estate Fraudsters!

In the petition made available to Kosofe Post, the victims complained bitterly that nothing has been done to some of the alleged fraudster since their arrest to prosecute the matter. Adding that” Constituents fear they would soon be released as usual to continue their trade. Several petitions was written by the victims body to get[...]

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Silicon Valley start-up to build over 4,000 new homes in Saudi Arabia

Saudi Arabia's Ministry of Housing has signed an agreement with construction firm Katerra to build 4,101 individual homes across the kingdom. The ministry said the new construction will provide housing units for the beneficiaries of the Development Housing Initiative. Under the agreement, the housing units will be built in Makkah, Madinah, Al Baha, Al Jawf[...]

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Expert in Real Estate name best Coutries for Risk Seeking Investors

“Courageous” investors looking for long-term opportunities should look to emerging cities in the Middle East, India and China, according to global real estate advisor Savills. In its Resilient Cities Index report, Savills highlighted several cities that were still relatively untapped, despite being the most likely to see economic growth amid global disruption in the coming[...]

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Experts say Africans need Four Million More Housing Units to Meet Our Current Housing Needs

The Pan-African housing development financier, Shelter Afrique, has said that African continent requires four million housing units per year to meet its housing needs, adding that the continent is facing acute housing crisis. According to Shelter Afrique, majority of African countries are facing a housing crisis as a result of high population growth, increased urbanisation[...]

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Six Dead as Plane Crashes into Chile House

Six people died on Tuesday after a light aircraft crashed into a house in southern Chile, authorities said. The plane plummeted after getting entangled in power lines shortly after take-off from La Paloma airport in Puerto Montt, a port city 1,000 kilometers (600 miles) to the south of the capital Santiago, said Harry Jurgensen, the[...]

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Ed Sheeran ‘splurges £42 million on property

Ed Sheeran has reportedly spent £42 million on investing in the property market. The singer, 28, is said to be the owner of 18 flats or houses in London and Suffolk, as well as one restaurant in Notting Hill, The Sun reported on Wednesday. Speaking to the publication, a financial expert said: 'He's been incredibly shrewd by ploughing his money[...]

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Yar’adua Foundation, others to lose N4.8bn property for evading tax – ICPC

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has moved to seize plots of land and buildings valued at N4.8 billion from the  Shehu Yar’adua Foundation and 29 other firms. ICPC Spokesperson, Mrs Rasheedat Okoduwa disclosed this in a Press Statement in Abuja. She said that the properties included 22.9 hectares of undeveloped[...]

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Deutsche Bank loaned more than $2 billion to Trump over two decades

Deutsche Bank loaned more than $2 billion to Donald Trump before he became president — despite multiple red flags surrounding his business dealings, The New York Times reported Monday. The Times report comes after Germany's two largest lenders, Deutsche Bank and Commerzbank, confirmed on Sunday that they were in talks about a merger. German-traded shares of both banks jumped Monday. According[...]

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Report: Former CBN govenor, wife buy N15.6bn property in UK

Paul Ogwuma, former governor of the Central Bank of Nigeria (CBN) and his wife have acquired property worth £33 million (N15.6 billion), a UK investigative journalism magazine has revealed. According to the magazine, Private Eye, Ogwuma, who served as CBN governor for six years has “amassed a £33m British property empire”. In its report titled[...]

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Hedge Fund Billionaire Griffin Buys $122 Million London Home- photo

Hedge fund billionaire Ken Griffin dolled out a whooping 95 million pounds ($122 million) for a historic mansion near Buckingham Palace. Citadel LLC founder Griffin bought 3 Carlton Gardens, a 200-year-old home that overlooks St. James’s Park about half a mile from the Queen’s residence. The Georgian-era home built in the 1820s was redeveloped by property[...]

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Kim Kardashian and Kanye West’s Calabasas mega-mansion nearly done after four-year, $20 million renovation- photos

Kim Karadashian  and Kanye West's Hidden Hills mansion is seen in new overhead shots that reveal the four-year, $20 million renovation project the celebrity couple has embarked upon is almost finished. The massive estate in the luxe Southern California community of Calabasas has been a good investment for the celeb couple, as sources told TMZ last year that[...]

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Super Eagles player, Emmanuel Emenike opens his New mansion in Owerri

Super Eagles player, Emmanuel Emenike, has started the year in a good way. He has just completed his mansion in Owerri, Imo state and would be opening it tomorrow, January 4th. His wife, ex-beauty queen, Iheoma, who shared some photos of the completed mansion on her Instagram page, said the interior of their new home[...]

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Exclusive: Inside Jennifer Lopez and Alex Rodriguez’s $15.3 Million NYC home

As friends of the celebrities continue to dish out rumors of their engagement, the love birds have continued to confirm those rumors with couple planning and outings. Earlier this year, Jennifer Lopez and Alex Rodriguez purchased their first home together: a 4,000-square-foot apartment in New York City. J.Lo And A-Rod's new property is located inside[...]

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Stunning Photos of Kanye’s 14Mn Condo Christmas gift to Kim

Kanye West appears to have outdone himself after purchasing his stunning wife Kim Kardashian an epic Christmas present - a luxury condo in Miami's famed Faena House building worth an eye-watering $14million. And now incredible inside pictures of the new abode, listed by Miami Condo Investments and dubbed the 'Billionaire Beach Bunker', showcase the 18 storey, beach-adjacent, property in all of[...]

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Kanye West gifts Kim Kardashian $14Mn Miami Condo- Photos

Kanye made a deal to buy a mega-unit in a super, super exclusive Miami Beach condo building, dubbed "Billionaire Beach Bunker" ... TMZ has confirmed. The 18-story building is occupied by hedge fund gazillionaires and ridiculously rich land developers. We're told Kanye scoped the place out on his own while in town for Art Basel,[...]

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Taxi driver, 58, who won £4m on a Lottery scratchcard is treating herself to a £40,000 makeover including 23 new teeth after splashing out on a new house and a BMW

She told the Daily Mirror: 'All those people who say money doesn't buy you happiness are talking a load of rubbish.' Lottery winner Melissa Ede has declared 'I love life now' after continuing her spending spree by splashing £40,000 on her teeth. Ms Ede, who won £4million on a scratchcard, will have 23 new pearly whites[...]

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