Banana Island; Home to Nigeria’s Most Expensive Real Estate

Banana Island, Ikoyi, Lagos is an artificial island that was the brainchild of the Late Chief Adebayo Adeleke, a University of London trained Civil engineer and CEO of City Property Development. Sometimes, setbacks are setups or comebacks because before the Banana Island, the Chief originally commissioned a new urban development in Maroko, Victoria Island but(…)

Tips when moving your Treasured Valuables

Tips when moving your Treasured Valuables

Everybody has to move/relocate at different points in their life. For some, this happens as much as twice in a year. We move into new homes, new offices etc and in all our moves there are things that we consider valuables “Our priced possessions”  the things we hold in high esteem. It is important for us(…)

Improvements For Festac Residents

Just like other countries, Nigeria is not a classless society; there is a form of segregation based on how much is in a man’s bank account. Most times, you will know which class someone belongs to by virtue of his or her investment in real estate. What properties do they own? Where do they reside? Lagos may(…)

A Guide to Certificate of Occupancy in Nigeria

A Guide to Certificate of Occupancy in Nigeria

The Nigerian Constitution and the Land Use Act vest power in the government of a state to grant a statutory right of occupancy to any person who wishes to purchase any land. The grant of a right of occupancy is evidenced in the certificate of occupancy issued. A certificate of occupancy, therefore, is a document(…)

Retail Real Estate Boom in 2014

Retail Real Estate Boom in 2014

For the average real estate consumers  and investors, 2014 heralded a better time in Nigeria’s real estate industry. Last year, Nigeria became Africa’s largest economy with a GDP of $522.64 billion in the country’s 2014 Q3 release; this decidedly put the country on the top list of investors both local and international.  But to avid(…)

The Hutbay team at Demo Africa 2014

The Hutbay team at Demo Africa 2014

A couple of weeks ago, the hutbay team was one of the 40 start-ups around Africa that was chosen to pitch their ideas to potential investors and our team proudly upheld the integrity of our company. Our CEO, Mr Owolabi Olatunji proudly pitched the idea behind our company to investors from around the world who(…)

Packing, Loading, Transporting and Unpacking

Packing, Loading, Transporting and Unpacking

Moving/Relocation is a time consuming process that involves packing, loading and transporting of your possessions from your current location to intended destination. The conventional process of moving in most parts of the country(Nigeria) is to hire a truck from a truck company not minding the types of items that are going to be relocated which(…)

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