The total approval for the development of housing projects in Nigeria by Shelter Afrique has risen to $181m (N55.6bn at the official exchange rate of N307 to one dollar), it was learnt on Thursday.
 
Shelter Afrique is a pan-African institution that supports housing and urban development in Africa.It works in partnership with 44 African governments, the African Development Bank and the Africa Reinsurance Company. Nigeria is the second largest sovereign shareholder of the institution with 10.71 per cent stake…
 
More details through:
https://punchng.com/shelter-afrique-approves-n55-6bn-for-nigerias-housing-projects/

Odu’a Investment Company Limited says it has signed a Memorandum of Understanding with United Kingdom-based Iconic City Limited for the development of a 3.8-hectare land in Alakia, Ibadan, the Oyo State capital, into a residential housing estate. Odu’a said the agreement was in pursuit of its growth strategy predicated on unlocking value from its huge asset base for sustainable development…
 
More details through:
https://punchng.com/odua-uk-based-firm-sign-n3-5bn-housing-deal/        

A new luxury waterfront development in Lekki Phase 1 area of Lagos is expected to gulp about N59.8bn ($165m), the developers said. The contemporary mixed-use development comprising five 17 to 20 storey residential buildings of one, two and three bedroom apartments is being developed by the Elalan group and African Capital Alliance Group on 37, 000 square metres of sea view land…
 
More details through:
https://punchng.com/lagos-waterfront-project-to-gulp-n59-8bn/   

Edmark group of companies, a multinational, has unveiled its state of the art international event centre in Lagos, just as it announced its venture into real estate business in Nigeria. It also revealed that its second project is currently under construction in Lekki, Eti Osa Local Government Area of the state, to mark the flag off the project…

​More details through:
https://guardian.ng/business-services/edmark-to-invest-in-real-estate-unveils-n5billion-centre/

Real estate investment firm, Novare Real Estate Africa, has so far invested over $500m in the development of malls in Nigeria. The firm made this known during the announcement of plans to unveil its fourth shopping mall, the Novare Central, Abuja, expected to be opened on July 19, with an exclusive ceremony a day before…

​More details through:
http://punchng.com/novare-invests-500m-in-malls-development/