Experts forecast real estate sub-sector as investor hub in 2018


By Kingsley Adegboye

Experts in real estate sub-sector of the nation’s economy have identified the sub-sector as one of the potential revenue drivers for the Nigerian economy in 2018. This is based on the sector’s performance so far in the year as well as outlook for the rest of the year.

Although the economy was in recession at the beginning of the previous year, the exit from recession in the second quarter of 2017, has created an opportunity for rekindled activity and subsequent recovery for real estate, according to the experts.

 Housing estate

At the third edition of the West Africa Property Investment, WAPI, summit which held recently, Broll CEO, Bolaji Edu reiterated the huge investment potential that exists in the Nigerian real estate sector. He noted that Nigeria as a power house in West Africa, has the capability to attract investors,  stressing that the…

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