Experts project Nigeria’s real estate sector performance in 2021


PWAN Group

***Say sector to do better

By Kingsley Adgboye with Agency report

The year 2020, although filled with mixed feelings and many hurdles, was a year packed with lessons. The year emerged with unforeseen turn of events that have initiated unprecedented trends in the Nigerian market, and the world at large, with severe impacts on supply chains, economic activities, and international trade.

Economies are trying to manage unemployment by reductions in interest rates, and other governmental action that impacts industries – mainly travel, tourism, and hospitality. Currently, global markets are trying to recover, the IMF warns of a slower 2021, and individuals and businesses are left to wonder, “how long will this trend continue?”

This pandemic will forever change all that we know, and have taken for granted as being ‘normal’, and it would be naive of us, almost catastrophic in fact, to think that things will simply just go back to normal as they were earlier this year.


Source: Vanguard Newspaper