The real estate sector is one that is growing at a rapid pace with a substantial increase in its Return on Investment (ROI). This alone makes it a safe haven for investment to investors at home and abroad.
This was the focus for stakeholders in a real estate forum in Maryland, United States. At the forum, the participant identified a major gap in the value chain of the real estate sector in Nigeria.
Despite the demands impeding the sector, the stakeholders posit that Nigeria remains a choice destination for investors in the real estate sector.
They further emphasized that despite the negative challenges, the sector is experiencing a massive influx of investments from western countries.
This they added was because these investors have identified a gap which is the fact that the Nigerian market has a lot of purchasing power.
Experts at the conference also urged Nigerians abroad to seize the opportunity to invest in the sector noting that it is one way for them not to only to build wealth but also help to solve the housing deficit challenge in the country.
The participant also identified the opportunities across the value chain in the sector.
Video Credit: AIT
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