Business
Small players should join forces to achieve affordable housing – Obinna Onunkwo
Middle to small scale players in the real estate sector should band together to be able to enjoy economies of scale and achieve lower cost housing.
This was a submission of Obinna Onunkwo, the Deputy CEO of Purple during the ThePressNG Real Estate Industry Outlook Webinar that occurred on March 9, 2024.
Mr Onunkwo speaking further, noted that with shared services management structure, small-scale players in the sector could also help themselves lower costs.
Onunkwo noted that developers should try to adopt the land optimization model, highlighting that building only one type of facility on a piece of land is no longer a sustainable model. He highlighted that with land optimization, developers can optimize yield and diversify their portfolio, thus bringing stability in their assets.
Coca Cola pledges to invest $1 billion in Nigeria in over five years
Short-term rentals in Lagos: Can platforms like Airbnb offer smart returns for investors?
Nigeria truck drivers spend over N450,000 as levies to transport yam from north to south — Taiwo Oyedele
CBN temporarily withdraws newly released document due to misrepresentations
United Nations raises concern over domination of AI governance by US, UK, 5 others
Nigerian Railway Corporation gets N1.69 billion from train passengers in Q2 2024
Canada issues 4,000 invitations in latest express entry draw for Canadian Experience Class
Business1 week agoCourt freezes N548.6 Million belonging to ‘ByBit, KuCoin’ Nigerian crypto users over Naira fluctuation allegations
News1 week agoEdo: Appeal Court Sacks Suit to Disqualify Akpata As LP Gov Candidate
Business1 week agoNigeria’s crude oil production rises by 3.4% to 1.35million bpd in August – OPEC
Business1 week agoOman introduces complimentary 10-day Visa for cruise ship visitors
News1 week agoBauchi Floods Claim 24 Lives, Destroy Property Worth N22bn in 16 LGAs
Business1 week agoFG’s revenue in Q1, 2024 increased to N9.1 trillion- Minister
Business6 days agoIMF to Nigeria: Expand cash transfer program to cover rural areas
News1 week agoShettima Visits Maiduguri, Pledges Govt Action to Combat Persistent Flooding