Tuesday , 15 July 2014
With respect to the economy growth of Nigeria in the first quarter of 2014, Nigeria Real Estate Investment Company – MCO Real Estate (MCORE), takes a look on how the Nigeria Economy has fared so far. In a report titled “Lagos Real Estate Investment Report Q1 2014”, MCORE takes a good look at the Nigeria’s economy before, now and after... Read more »
Nigeria growth remained strong owing to relatively high oil prices, despite security problems in the north and larges –scale oil theft in the first half of 2013. In contrast, growth in south Africa continued to decelerate, constrained by tense industrial relations in the mining sector, tight electricity supply, anaemic private investment and weak consumer and investor confidence. Global activity has broadly strengthened... Read more »
Global activity strengthened during the second half of 2013, as anticipated in the October 2013 World Economic Outlook (WEO). Activity is expected to improve further in 2014–15, largely on account of recovery in the advanced economies. Global growth is now projected to be slightly higher in 2014, at around 3.7 percent, rising to 3.9 percent in 2015, a broadly unchanged... Read more »
3INVESTONLINE – We introduce the insightful Q4 LAGOS Real Estate Investment Report by MCORE. 1. INTRODUCTION Our Lagos Year to Date Real Estate Investment Report wraps up activity in the Lagos Real Estate Market over the year 2013 and sets the scene for 2014. The Lagos real estate market has finally recovered from the lows of the global credit crunch... Read more »
More Tourists Visit Africa Each Year, Boosting Economic Growth and Making the Continent Competitive with Other Regions STORY HIGHLIGHTS Africa has the potential with its cultural and natural resources to outpace other regions in attracting valuable tourism dollars But entrepreneurs need transparency, roads and electricity to help them build and expand tourist destinations A new report outlines constraints and... Read more »
Those looking for greater happiness and satisfaction in life should head to northern Europe, but steer clear of Egypt and countries worst hit by the eurozone crisis, according to the 2013 World Happiness Report released Monday by Columbia University’s Earth Institute. Denmark, Norway, Switzerland, the Netherlands and Sweden are the world’s happiest countries, according to the survey of 156... Read more »
Accra, Lusaka and Luanda, the capital cities of Ghana, Zambia and Angola respectively, have been identified as the Sub-Saharan African cities that have the highest potential for growth over the next five years, according to the MasterCard African Cities Growth Index. As the entire African continent with its population of over 1 billion people is going through a fundamental transformation, this new Index puts... Read more »
Increase demand, Stable prices The performance of the real estate market in the last six months (January – June) has not been impressive. In a midyear survey by Castle Lifestyle magazine based on adverts in the last six months, the prices and demands of residential properties from different areas in the state were accessed. From the survey, it was discovered... Read more »
Members of ULI’s Public Development and Infrastructure Council discuss ways to make infrastructure improvements, facilitate public development projects, and create synergies in the private sector. What are some of the key trends affecting the development of public projects and infrastructure? Michael Francois: Public agencies are focusing more of their attention on public infrastructure, either through direct spending or through a... Read more »
The outlook for an upturn in world growth in 2013 is brighter than that of 2012 when the risk lay with renewed recession across a number of major economies. Economic conditions improved modestly in the third quarter of 2012 (figure 1), with global growth increasing by approximately 3 percent. the main sources of acceleration were emerging market economies, where activity... Read more »