DE VELLI GROUP REAL ESTATE NEWS

August 12 to August 18, 2026

1. Abuja Real Estate

ABUJA’S LAND AND PROPERTY MARKET FACES A NEW WARNING AS FLOODING PUTS DEVELOPMENT UNDER SCRUTINY

Flooding has renewed concerns about how Abuja’s rapid development is affecting drainage corridors, waterways and areas originally protected under the city’s planning framework.

On August 17, lawyer Deji Adeyanju called for urgent action over worsening flooding in the capital, warning that the conversion of green areas, canals and waterways could increase environmental risks. (Sahara Reporters)

De Velli Insight: For land buyers, the story is a reminder that location is about more than price and accessibility. Drainage, topography, planning approval and surrounding infrastructure should all form part of proper land due diligence.

Source: Sahara Reporters, August 17, 2026. (Sahara Reporters)

2. Nigeria Real Estate

NIGERIA’S ₦31 TRILLION PENSION FUND IS STILL BARELY TOUCHING REAL ESTATE

Nigeria’s pension industry now holds approximately ₦31.48 trillion in assets, yet less than 1 percent is reportedly allocated to the built environment, according to a new industry report. (Vanguard News)

The figures highlight a major untapped opportunity for Nigeria’s property sector. With pension funds holding enormous pools of long term capital, greater participation in professionally structured real estate could provide funding for housing and infrastructure projects.

De Velli Insight: The gap between Nigeria’s available institutional capital and its housing needs shows why innovative and properly structured real estate investment models could become increasingly important.

Source: Vanguard, August 17, 2026. (Vanguard News)

3. Global Real Estate

UK PROPERTY PRICES SUFFER BIGGEST AUGUST DROP IN EIGHT YEARS

The UK housing market has recorded its sharpest August decline since 2018, with asking prices for newly listed homes falling by 2 percent, according to Rightmove data reported on August 17. (Reuters)

The decline comes as higher mortgage costs and economic uncertainty continue to affect buyers. At the same time, the number of properties available for sale has risen, giving buyers more negotiating power.

De Velli Insight: Global property markets do not always move in the same direction. While some markets are cooling, others continue to experience strong demand. For investors, understanding the specific fundamentals of each market remains more important than simply following global headlines.

Source: Reuters and Rightmove, August 16 to 17, 2026. (Reuters)

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