Kingsley U.N. Chikwendu —
Experts last week revealed that poor documentation and lack of access to finance are the major challenges bewildering the growth of the real estate in Nigeria. They also said that it dampens the efforts of real estate investors in Africa’s biggest economy.
Speaking at Business Day’s maiden Property Investment Show in Lagos, many expressed that fixing the challenges would require conscious efforts of all stakeholders, and increase investors’ willingness to make long-term commitments, drive innovation and boost the real estate market.