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nish affordable housing

Affordable Houses: Stakeholders advocate good governance

Mr Yemi Adelakun, Managing Director, Nigeria Integrated Social Housing (NISH) Affordable Housing Ltd has advocated good governance and a robust savings scheme to enable the country to deliver a proper cooperative housing scheme. Adelakun made the call in Abuja on Monday at a stakeholders’ quarterly workshop on cooperative housing in Nigeria with the theme, “’Aggregating Off-takers’ Savings for Affordable Housing in Nigeria’’… [Read More]

Has Nigeria’s Federal Government Unlocked the Secret to Affordable Housing?

Officials tasked with the development of affordable housing made news this weekend, as Nigeria’s Minister of State, Works and Housing disclosed the Federal Government’s (FG) plan to build 4 million houses by 2033. With a national housing deficit estimated between 17 to 20 million and growing by 900,000 units annually, this left many questioning how the new commitment will be fulfilled. The secret could be public-private partnerships… [Read More]

Construction Innovation Award Honors EchoStone at Africa’s Largest Housing Show

Among the 400 exhibitors and 40,000 visitors at the Abuja International Housing Show (AIHS), EchoStone stood out for their innovation in construction. Dedicated to the development of affordable housing, EchoStone’s scalable, eco-friendly, and cost-saving solutions were received with enthusiasm throughout the conference. Ultimately, EchoStone was the announced winner of the 2019 Nigeria Housing and Construction Awards in the category of Innovation in Construction…. [Read More]

Real estate projects changing Nigeria’s landscape

When it comes to real estate projects in Nigeria, pundits within the property space are optimistic that 2019 will experience a major boost in Africa’s largest populous nation.Nigeria’s economic growth slowed in the first quarter after the oil sector, the country’s biggest foreign-exchange earner, contracted. Gross domestic product in Africa’s largest oil producer expanded by 2.01% in the three months through March from a year earlier, the Abuja-based National Bureau of Statistics said in a report published on its website last month… [Read More]

abuja international housing show 2019

15 Countries, 400 Exhibitors Set For Abuja Int’l Housing Show

About 400 local and international exhibitors in 15 countries are expected to showcase their products and innovation at the forthcoming Abuja International Housing Show (AIHS). This is even as over 20, 000 participants from Nigeria, USA, UK, UAE, South Africa, Kenya, Ghana, India and China have confirmed participation for the Show. Vice President, Prof Yemi Osinbajo is expected to declare the event open and would be flanked by special guests of honour like Governors of Lagos, Kaduna and Edo; Presidents of all housing and construction professional bodies, as well as Chief Executive Officers (CEO’s) of Corporate organisations…. [Read More]

Edge Certification

EchoStone Breaks Ground In Green Affordable Housing With IFC’s Edge Certification

International provider of affordable housing solutions, EchoStone, has earned EDGE certification (“Excellence in Design for Greater Efficiencies”) for 251 residential properties in its Peridot Parkland Estate. The certification, presented in Lagos by EDGE certifier thinkstep-SGS, marks the first residential housing development to be certified in Nigeria… [Read More]

Nigeria Row home

NIESV Nominates Affordable Housing Provider for Honours Nite Award

The Nigerian Institute of Estate Surveyors and Valuers (NIESV) of the Lagos State Branch has invited EchoStone, an international solution provider focused on affordable housing, to their 13th Honours Nite Awards. Furthermore, EchoStone Nigeria has been nominated for “Most Innovative Building Material in The Industry.”… [Read More]

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Wall Street Financier Tackles Affordable Housing

From Wall Street to building hundreds of thousands of homes in Africa, Anders Lindquist is deploying Swedish Tech and decades of high stakes financing to addressing the challenge of affordable housing.

As one of several high-profile international speakers at the East Africa Property Investment (EAPI) Summit on 10 & 11 April, Lindquist is the Co-founder of EchoStone Housing, an international developer seeking… [Read More]

Building Strong Pillars for National Mortgage Market

The key elements for the growth of a national mortgage finance market are gradually taking shape. Major housing industry players including mortgage banks, financing institutions, and developers are working together in a more structured fashion… [Read More]

FHF, NMRC to engage Echostone in the Provision of 100,000 Housing Units

Hope for timely delivery of houses in the country received a boost last Tuesday, as a property development firm, EchoStone Nigeria Limited, delivered the first house from its stable in 14 days.

The firm, which introduced a revolutionary measure that facilitates speedy delivery of houses in the country, used the occasion to prove that its building technology is indeed, the needed solution in tackling housing deficit being experienced in the country… [Read More]

How technology can help address Nigeria’s housing shortages

EchoStone has signed an agreement with the Lagos State government to build 2,500 affordable housing units within Lagos State. Anders Lindquist, Founder and President, Business Development at Echostone joins CNBC Africa to discuss the progress made so far… [Watch Interview]

Housing project: LASG, stakeholders commend EchoStone

In order to bridge the huge housing deficient in Lagos State, a property development firm, EchoStone Nigeria Ltd on Tuesday, delivered its first set of houses exactly 14 days from the date of commencement of construction.

The firm in collaboration with the Lagos State Government on Nov. 21, laid the foundation for speedy construction of 2,000 housing units in three Local Government Areas (LGA) of the state… [Read More]

EchoStone & Lagos State Government Launch Housing Project with Ground-breaking Event

Echostone, Lagos State Government and local development partners kicked off 2,000-unit housing program with an innovative public demonstration. The campaign will build a prototype housing unit, from start to finish, in just 14 days. The innovative and sustainable housing unit models the homes being constructed in the upcoming EchoStone project, Peridot Parkland Estates, that will be located in Idale, Badagry.

Over the course of 14 days, EchoStone is demonstrating its state-of-the art technology and paradigm-shifting construction and business approaches that will serve as the missing link between affordable housing supply and demand. The days will feature technology demonstrations, construction operations, and marketing activities that will set forth a vision for a better and more sustainable path to dignified housing and communities… [Read More]

Housing deficit: EchoStone to build 2,000 homes in Badagry

Property development firm, EchoStone Nigeria, is set to build 2, 000 new homes in Badagry area of Lagos, using innovative construction technology. The initiative, aimed at reducing housing deficit, is in conjunction with the Lagos State Government through the Ministry of Housing… [Read More]

Lagos, firm to build 2,000 housing units in 3 LGs

A property development firm, EchoStone Nigeria Ltd., in conjunction with the Lagos State Government yesterday laid the foundation for the speedy construction of 2,000 housing units in three Local Government Areas (LGA) of the state. News Agency of Nigeria (NAN) reported that EchoStone was deploying a new technology that would allow construction of several houses by … [Read More]

Echostone and NMRC Partner to Advance Efficient Housing Delivery in Nigeria

EchoStone Housing (EchoStone), a leading global provider of efficient Housing systems and the Nigeria Mortgage Refinance Company Plc (NMRC), Nigeria’s foremost Mortgage underwriter, have gone into a partnership to address one of the nations’ most pressing issues, which is to improve the operational efficiency of delivering commercially viable, qualitative and affordable housing.

The Memorandum of Understanding (MoU)… [Read More]

Transformational Aid for Development: Strategies to Forge Innovative Partnerships

UNAIDS, ICV, Johnson & Johnson, BD and the Center for Global Health and Diplomacy are hosting a forum entitled Transformational Aid for Development Forum in order to create connections for scaling up innovations and investments for health and to reach vulnerable populations.

The Transformational Aid for Development forum will initiate a discussion with heads of United Nations agencies, chief executive officers of investment firms, ministers of health and representatives of the private… [Read More]

Lagos, Echostone sign MOU to deliver 2,000 housing units

The Lagos State Government has signed a Memorandum of Understanding, MOU with Echostone Development Nigeria Limited to deliver 2,000 housing units in three locations across the state.

The MOU was signed at the Ministry of Housing, Alausa, in Ikeja, Lagos, Southwest Nigeria on Wednesday, with the leadership of Echostone USA present.

Echostone is expected to deploy a new technology that will facilitate the construction of houses… [Read More]

NMRC, IFC Launch EDGE Green Building Certification System

Green buildings offer the single largest global opportunity to make deep emission cuts at low and even negative cost. In addition to using less water, green buildings reduce energy costs by 20 percent on average over conventional buildings, and have lower.

To encourage companies to invest in sustainably designed buildings, Nigerian Mortgage Refinance Company (NMRC) and the International Finance Corporation (IFC), a member of the World Bank Group, have launched the EDGE green building certification system in Nigeria to jumpstart the… [Read More]