10 Questions
What are the main activities involved in estate management?
Planning, acquisition, use, and disposition of real estate properties
When did the estate management profession start in Nigeria?
During the colonial era
What led to the establishment of new estate management firms in Nigeria?
Sharp increase in urbanization and housing demand
Which institution oversees the practice of the estate management profession in Nigeria?
Nigerian Institution of Estate Surveyors and Valuers (NIESV)
How has the NIESV contributed to the estate management profession in Nigeria?
By regulating and developing the profession
What is one of the significant challenges facing estate management in Nigeria?
Outdated legal framework regulating the industry
What do estate managers in Nigeria provide as part of their services?
Property valuation and land acquisition
How has the COVID-19 pandemic impacted the property industry in Nigeria?
Tenants struggling to pay rent due to financial constraints
What role do estate managers play in Nigeria's real estate sector?
Facilitating development and management of real estate properties
Why is there a need for an updated regulatory framework in Nigeria's estate management industry?
To address challenges facing the industry and improve oversight
Explore the evolution and current status of estate management in Nigeria, a crucial component of the real estate sector. Learn about the planning, acquisition, utilization, and disposal of real estate properties to meet owners' requirements and optimize investment returns.
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