June 2017
Application of Quantitative Risk Assessment Techniques in Property Investment Appraisal in Enugu Urban, Nigeria
Property investment projects are frequently subjected to unpredictable future, encompassing uncertainties and various forms of risks which impact the anticipated level of returns that should compensate for risks taken by investors. The level of sophistication in property investment risk assessment is quite elementary compared to other investment media. This state of affairs has led to project failure and loan default by...
June 2017
Effects of exchange rate volatility on medium/high income residential real estate investment returns In Nigeria
This paper investigated the effects of Naira/Dollar exchange rate volatility on medium and high income residential real estate investment returns in Nigeria using EG ARCH model. It used time series data for an 11 year period between 2000 and 2010. The findings of the study reveal that exchange rate volatility has a significant negative effect on medium income and high income residential real estate investment returns in...
June 2017
Compliant to automated approach in managing residential income properties of Enugu State Housing Development Corporation (ESHDC)
Prior to the emergence of automated management approach to real property administration, manual method of operation has been predominant in running the transactions of real property management in Nigeria, Increase in demand for quality and prompt services due to corresponding growth in housing needs are major issues facing Enugu Stale Housing Development Corporation (ESHDC). The study examined the use of automated...
June 2017
Home ownership determinants of the hausa-fulani ethnic group in Lagos, Nigeria
Although many studies have been conducted in I he developed and developing world on the determinants of home ownership, very few attempts have been made to reveal these determinants in Nigeria. This study IK/.V designed to explore the determinants of home ownership among the Hausa-Fulani ethnic group lit Lagos, the most urbanized city in Nigeria, Multinomial Logit Model of three tenure choice alternatives of owning,...
June 2017
Effective land management as an indispensable tool for improved revenue in Enugu State
The collapse of the global oil prices has compelled the various States and Local Governments Of Nigeria to seek alternative sources of revenue to augment the dwindling revenue allocations from the Federal Government. Land has been identified as the alternative source of revenue. Such revenue will come as direct income or tax revenue. The fund-based taxes include among others tenement rates, land use charge, capital gain...
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