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• Q3 2012 Real Estate Investment Report | Lagos Nigeria by MCORE

  3Invest Media October 23, 2012

  

  The report is addressed to investment managers, investors, financiers, developers, sponsors and other parties seeking to benefit from investment in Nigerian real estate. The report covers the Nigerian economic environment with a specific focus on the Lagos Island area which is arguably the most vibrant location for real estate investment and development in Nigeria. The report identifies the latest trends... Read more »

• Securitization

  3Invest Media October 22, 2012

  

   INTRODUCTION TO SECURITIZATION Securitization involves issuing securities backed by a segregated pool of revenue producing assets. The most common type of asset securitized is a residential mortgage (Residential Mortgage Backed Securities-RMBS) The diagram below displays the structure of a generic securitization. The Bank sells the assets to a Special Purpose Vehicle (SPV), which issues bonds or notes to investors to... Read more »

• How to use mortgage finance in addressing housing deficit

  3Invest Media October 22, 2012

  

  Making affordable mortgages available to homeowners will enable them to quickly complete their homes and move in while amortizing the debt, says GEORGE WILLIAMS, an architect. He concludes that a serious drawback of homeownership however is the lack of mobility that tenancy affords workers in the federal civil service and the Armed Forces who experience regular redeployment. Public discourse on... Read more »

• Benefits of mortgage reform, recapitalisation, by CBN

  3Invest Media October 22, 2012

  

  The first tentative outlines of the shape of things to come for mortgage operatives in Nigeria could begin to emerge in few months time, as officials last week unfolded proposals toward the articulation of a more workable guide to stimulate growth of the sector. The effort, coming at the instance of the Central Bank of Nigeria (CBN), is the latest attempt... Read more »

• Mortgage Finance and the Nigerian Real Estate Market: Issues and Opportunities

  3Invest Media October 15, 2012

  

  Brief background of Nigerian housing Market  Mortgage lending in Nigeria is still at infant stage, but all variables indicates potential growth in this sub sector. Housing Stock of 10.7million of which less than    5% is in formal mortgage market Housing deficit of between 15-18 million housing units Annual housing need of between 500,000 to 1 million housing units Housing finance... Read more »

• 2012 Real Estate Outlook: Between Projections and Reality

  3Invest Media July 23, 2012

  

  The year 2012 is winding up its seventh month; and for players and observers in the Nigerian Real Estate who approached the year with much enthusiasm; it is becoming obvious to that there is little to cheer about.  In this report, Olusesan Ogunyooye takes a look at the half-year developments in Nigeria’s Real Estate and concludes that there still a... Read more »

• Spotlight On Lagos Housing Development – 2012 Outlook by RAC

  3Invest Media May 16, 2012

  

  Review We are pleased to bring you the second edition of our report which takes a detailed look at the housing development market in the Lagos metropolis. Our first report which was published just a little over two years ago, focused on the emergence of new locations for housing developments as a key factor to mitigate risk in the wake... Read more »

• Recapitalization Will Heal the Mortgage Sector – Kayode Omotosho

  3Invest Media March 26, 2012

  

  In the wake of the recapitalization of the Mortgage Banking sector by the Central Bank of Nigeria (CBN), reactions have trailed the decision. One of such reactions is the fact that low capitalization is just one of the issues bedevilling mortgage in Nigeria. Experts argued that besides this recapitalization, aimed at placing Nigerian Mortgage market at par with others in... Read more »

• Economic Indices that will Drive Real Estate in 2012; by Dr. Doyin Salami

  3Invest Media March 15, 2012

  

  In developed climes Real Estate plays more that the role of shelter. It is a virile economic instrument contributing in no small measure to the Gross Domestic Output. In Nigeria, the story is different; Real Estate contributes a paltry 3.5% to the total output of the economy. The foot-dragging of the sector to mature and take its place in economic... Read more »

• Real Estate Market: Experts Say Hospitality May Suffer Set Back.

  3Invest Media March 15, 2012

  

  They tower into the skies in tinted glasses, brandishing the plainness of the sun; they transcended from the conventional ambience of ‘five star’ to a contemporary majestic wonderment labelled ‘seven start’; they sprawl in spaces, swell in style and cut-edge with services – the hospitality industry is metaphoric a cash cow. This cash cow status may understandably explain the souring... Read more »