As we have demonstrated over the last few weeks, the large and increasingly surging housing deficit in Nigeria is indicative of a high value market for discerning developers, investors, and first-time homebuyers alike. @Nigeria’s live population clock courtesy www.livepopulation.com As the above graph shows, 54% of the Nigerian populace is aged under 20; 28.1% is…
Read More“Real Estate cannot be lost or stolen nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is the safest investment in the world” -Franklin D. Roosevelt (FDR) Experiences from Western Economies particularly the United States and the recent recession in Nigeria demonstrates that Real…
Read MoreHomeownership or Property Investment is a long-established and well-known standard of wealth creation in every society. Most people recognize homeownership as a primary investment vehicle for personal wealth accumulation. In Nigeria, housing is both a consumption good (Shelter) and an investment. As the economy evolves from the impact of the coronavirus (COVID 19) which disrupted…
Read MoreLast week we explored the fundamentals making Property Technology (PROPTECH) a major inflection point in the Nigerian Real Estate Sector, and the huge potentials it presents for transforming the scope of transactions in the near future. PropTech opportunities and its ongoing deployment ranges from Property listing portals (the most predominant segment as demonstrated by castles.ng,…
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