Amid rising apathy by financial institutions on the provision of long-term funds for private real estate developers to increase the nation’s housing stock, experts have canvassed for policy changes that will give tax exemptions to investors into infrastructure in real estate. The experts met at the 3invests limited’s Real Estate Unite Conference staged in Lagos, last week that provided a platform for global real estate leader to discuss opportunities and issues in Africa’s real estate market. According to a recent PWC report, the global investible real estate universe will expand substantially, leading to a huge expansion in opportunity, especially in emerging economics like Nigeria. GDP of Nigeria from $9.16 billion in 2016 if the right environment is created.
Comments
Post a Comment