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Investors see ANOTHER return from Masterworks (!!!!)

That’s 6 sales in 7 months. 29 all time. And the performance?

16.5%, 17.6%, and 17.8%, net annualized returns on sold works held longer than one year (See all 29 at Masterworks.com)

It’s not from stocks, private equity, or real estate… it’s from contemporary and post war art. Crazy, right?

With Masterworks, you don’t need to be a BILLIONAIRE to invest in multi-million dollar art anymore.

Historically, the segment overall has had attractive appreciation and low correlation to stocks.*

Masterworks targets works featuring legends like Banksy, Basquiat, and Picasso, identifying what they believe to have significant long-term appreciation potential, not just at the artist level but at the level of individual artworks.

As one of the largest players in the art market, with $1.3 billion invested over 500 artworks, they pass critical advantages through to their 70,000+ members to add art to their portfolios strategically.

Looking to diversify your investments in 2026?

*According to Masterworks data. Investing involves risk. Past performance is not indicative of future returns. See important Reg A disclosures at masterworks.com/cd.

Good Morning,

Nigeria’s real estate sector begins the day with a major regulatory development as the Lagos State Government intensifies efforts to enforce urban planning standards across Africa’s largest city economy. Authorities have published a list of 176 estates identified as operating without approved layout permits, signaling a tougher stance on compliance amid rapid property development in key growth corridors such as Lekki, Ajah, Ibeju-Lekki and Epe. The move underscores Lagos’ commitment to sustainable urban development, investor protection and orderly city expansion, while raising fresh questions about regulatory compliance, development approvals and the future of housing delivery in the state’s fast-growing property market.

176 Estates Declared Illegal as Lagos Expands Planning Enforcement Measures

The Lagos State Government has published a list of 176 estates identified as operating without approved layout permits, as authorities intensify efforts to strengthen urban planning enforcement and improve compliance within the state’s rapidly expanding real estate sector. The affected estates are located mainly across the Eti-Osa, Ajah, Ibeju-Lekki and Epe corridors, areas that have witnessed significant residential and commercial growth in recent years.

Supreme Court Rules Part Payment and Possession Do Not Confer Land Ownership in Nigeria

Nigeria’s Supreme Court has ruled that part payment for land and physical possession of a property do not automatically confer legal ownership rights without proper title transfer and documentation. The judgment reinforces long-standing legal principles governing land transactions and highlights the risks associated with informal property acquisition practices in Nigeria’s real estate sector.

Expanding Affordable Housing Access: How FMBN and FGSHLB Are Supporting Nigerian Workers

Nigeria’s housing finance sector is receiving renewed attention as the Federal Mortgage Bank of Nigeria (FMBN) and the Federal Government Staff Housing Loans Board (FGSHLB) intensify efforts to improve access to affordable housing for public sector workers. The collaboration between both institutions reflects broader attempts to address Nigeria’s widening housing deficit through flexible financing mechanisms and targeted homeownership support programmes.

Lagos Recovers ₦277m From Fraudulent Property Deals, Expands Housing Stock to 10,623 Units

The Lagos State Government says it has recovered more than ₦277 million from fraudulent real estate transactions while expanding its housing stock to 10,623 units as part of broader efforts to address the state’s housing deficit and improve regulation within the property market. The disclosure highlights the state’s dual strategy of increasing housing supply while intensifying enforcement against fraudulent activities in the real estate sector.

Lagos Unveils New Tenancy Bill to Regulate Rent Hikes and Agency Fees

The Lagos State Government has unveiled plans for a new tenancy law aimed at curbing arbitrary rent increases, excessive agency charges and fraudulent practices within the real estate sector. The proposed legislation, currently before the Lagos State House of Assembly, forms part of broader efforts to improve housing affordability, strengthen transparency and restore confidence in Nigeria’s largest urban property market.

Quote of the day:


“Progress begins the moment systems replace shortcuts, and accountability becomes the standard.”

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