Lagos Landlord

After weeks of the national lockdown earlier this year, construction firms and property developers that jump-started operations in most Nigerian cities were alarmed by a sharp spike in building materials.The effect of the lockdown coupled with inflation and rise in building materials continued to cripple businesses in major cities and affecting construction workers. However, as the year has progressed, some of the construction firms and property developers in various parts of Nigeria are gradually getting back on their feet.Despite the fact that the sector is regarded as a catalyst for growth and its performance serves as an indicator of the nation's economy….it is still an upcoming industry;Now Building materials contribute immensely to the quality and cost of housing, and an increase in the prices of building materials has multiplier effects on the industryMr. Dayo Olaiya is the Managing Director of Dayola Property Development Company Limited, popularly known as DPDC, and Mr. Ope Ibrahim, Operations Lead at IAP Building Solutions.

Physical distancing has directly changed the way people inhabit and interact with physical space, and the knock-on effects of the virus outbreak have made the demand for many types of spaces go down, perhaps for the first time in modern memory. This has created an unprecedented crisis for the real estate industry.A report by Bloomberg states that global real estate investments have declined by 33% and that in Asia has been hit the worst with a fall of 45%,Real estate economic and research experts said the pandemic directly impacted the demand for space through quarantines, social distancing, shutdowns, supply chain disruptions, employment loss, and a shattering of consumer confidence.

Mr. Damola Akindolire, Managing Director Alpha Mead Development Company, and Engr. Dayo Oyeniran, Head Facilities, and Business Development are representatives from Alpha Mead Group, both from the Facility Management and the development to give a balanced opinion between facility management and real estate development.

Women are at the helm of a massive Power Shift, tides are turning for women in the real Estate Industry across Africa. The accomplishments of women in real estate are still characterized by inequity at its highest levels and in the commercial arena.In this episode of Lagos Landlord, we are talking about women in the Real Estate sector and the changing landscape; to help us with the conversation, wee have two beautiful and Inspiring women in the real estate business in Nigeria;Ope Osibanjo the Founder/Managing Director, Aberfeldyl Properties Limited, and Titilope Awe a Partner at Stalwart Legal Practitioners to discuss the women playing in the real estate industry.

In this episode of Lagos Landlord, It has been designed to keep you informed on how you turn your home into a luxury space. I have my first ever guest on Lagos Landlord, my very good friend in addition to being the Creative Director and Founder of Grand Mejona Interiors. Daniella Enaohwo. She is a passionate young woman who is passionate about interior design solutions. I know this because she has provided her eloquent service to a couple of my clients.

This week we set the scene and shares 10 investment tips on ‘How to buy a house for the first time in Nigeria'. Certainly a fantastic episode for property investment newbies and Nigerians in the diaspora.