Impact of banking recapitalization on real estate sector Department:Estate Management By: peterjohn Project ID: 2066 Rating: (3.1) votes: 15 Price:₦1000 Get the Complete MaterialAbstractThe pre-consolidation era in the banking sector can be dated back prior to July 2004 when there were various banks existing and operating in the country. During this period, the total number of banks existing in the country was 89. After the consolidation exercise, the banking sectors was termed as being strong, stable and reliable megabank. This is the first phase of the consolidation exercise which trimmed the number of banks in Nigeria from eighty-nine (89) to twenty-five (25) and with each of the existing banks, now having an average capital of about twenty-five billion (N25 billion). The consolidation programme in the banking industry is expected to have a wide-ranging implication on the real estate profession. Because real state is characterterized relatively with large economy size, investors have traditionally relied on third party financial instruction for significant positions of funds require the investment control of large pared of real property is difficult to achieve without access to a borrowed fund which has consequently become an ambiguous factor in real estate investment decision. The different source of capital from real estate investment is equity and debt, syndications joint ventures, pension fund, life insurance companies, the banking industry as a sector in the economy cannot stand and operates in isolation but to associate with various industries in order to actualize its aims and objectives. Real estate industry on its own is a vibrant sector which involves various professionals from various fields. The impact which recapitalization has on real estate investment in positive funds were available, members were commissioned in carrying out a valuation for a different purpose and big project were also finance....Preview Download Preview +Other Estate Management project topics and materials you might be interested in»Effect of building material cost on housing development in Nigeria»Effects of obsolescence on residential properties (a case study of Oparanozie street in Owerri, Imo state) »An assessment of residential housing problem in the urban areas of Nigeria (a case study of Umuahia urban)»Effect of environmental pollution on real estate development (a case study of Warri, Delta state)»Recreational Property Development in Owerri Imo State ( A Case Study of Owerri Municipal )»Problems of urban land management (a case study of Owerri capital territory) »Challenges associated with the valuation of specialized properties»Challenges associated with real estate investment in Enugu, Nigeria»Effect of location on rental value of commercial property - a case study of Bida metropolis»Impact of land use act on property development in Nigeria»The effect of oil spillage on residential property investment (a case study of Oyibo in Rivers state) »The economic implication of multiple hostel accommodation in tertiary institution in Nigeria (a case study of federal polytechnic Nekede, Owerri) »Comparative analysis of the impact of infrastructural facilities on the value of properties»Land use regulations and its effects on land development»The impact of Akwa ibom state university of science and technology on social development of mkpat enin L.G.A Akwa ibom state