Media

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

SOURCE: abuja international housing show 2019LEADERSHIP MAGAZINE 

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. Continue reading
June 11, 2019 International

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

SOURCE: ECHOSTONE OPCO (PRNewswire)

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.

An innovation of International Finance Corporation (IFC), EDGE is an online platform, a green building standard, and a certification system for over 140 countries. EDGE was created in response to the need for a measurable solution to prove the financial case for building green and help jumpstart the proliferation of green buildings. EDGE empowers building professionals to quickly and easily determine the most cost-effective ways to build green based on occupant behavior, building type, and the local climate.

As a global EDGE Champion, and partner of the IFC EDGE Green Buildings Market Transformation Program, EchoStone has shown a tremendous commitment to reshaping the affordable housing market through sustainable practices. Following their inaugural projects in Badagry, Alimosho, and Ikorodu, EchoStone plans to build an additional 100,000 units across Nigeria over the next five years. Continue reading
June 4, 2019 International

NIESV Nominates Affordable Housing Provider for Honours Nite Award

SOURCE: ECHOSTONE OPCO (PRNewswire)

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 13 Honours Nite Awards. Furthermore, EchoStone Nigeria has been nominated for “Most Innovative Building Material in The Industry.” The event is scheduled to be held in Lagos Thursday, May 23, 2019.

In the invitation, NIESV says the exclusive event will host 250 guests, including Special Guests of Honour, Mr. and Mrs.Babajide Sanwo-Olu, Governor-Elect of Lagos State and his wife. In the past, this ceremony has shared awards of excellence with “deserving icons and huge contributors to the growth of the real estate sector in Nigeria.” Continue reading
May 21, 2019 Nigeria

Wall Street Financier Tackles Affordable Housing

SOURCE:BUSINESS TIMES

Image 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 opportunities in East Africa.

“As a pioneer in their field, with a proven method of funding and unique technology, EchoStone represents a new class of developers and investors entering the regional market,” says EAPI’s host Kfir Rusin. Continue reading
March 17, 2019 International

EchoStone and NMRC Partner to Advance Efficient Housing Delivery in Nigeria

SOURCE: NIGERIA MORTGAGE REFINANCE COMPANY 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), which was executed on the 19th of July 2017 will foster a partnership between NMRC and EchoStone to work towards the provision of housing finance, project advisory and structuring to increase affordable housing stock to drive mortgage creation and penetration in Nigeria. The agreement is also expected to promote knowledge, technological transfer and support between EchoStone and NMRC in relation to the residential Real Estate market in Nigeria. Continue reading
January 2, 2019 Nigeria