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Doyin Salami, a cerebral teacher at Lagos Business School (LBS), will be the lead speaker when the real estate market stakeholders gather for the 6th edition of the annual Real Estate Unite (REU) Summit organised by 3Invest Limited, one of Nigeria’s leading real estate marketing, advisory, advocacy and investment companies.
Salami, foremost economist, professor at LBS and a second term CBN monetary policy committee member, will, through his keynote presentation, be giving a insights on key trends in the Sub-Saharan Africa and global economy with specific views future directions over the short and medium terms, including the outlook for GDP growth, interest rates and currency performance.
After a crippling economic recession, the Nigerian real estate sector is beginning to show signs of recovery and stability, but not without reflecting the slow pace of recovery in the global economy.
“The Nigerian economy finally seems to be coming out the recession. The impact on real estate market, particularly in the retail space, has been clear with many of the country’s larger shopping malls suffering from persistently high vacancy rates as footfall comes under pressure. The impact on the confidence of retailers is self-evident”, says Tom Mundy, Director, Research and Strategy, JLL, sub-Saharan Africa.
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It is against the backdrop of these pressing issues that industry leaders and investors will unite again for this year’s edition of the annual flagship REU summit, already slated for October 23 and 24 in Lagos to exchange views guided by the theme ‘Africa’s Real Estate: What’s new?’
REU Summit provides an important platform for the residential, office, retail, healthcare, hospitality and industrial sectors of Africa’s property market to network, learn, transact, showcase and discuss opportunities and issues in global real estate yearly.
“The game has changed. Being faced with this new reality, how do we create new sources of growth? Are we rethinking business strategies? What are the new roles and responsibilities? What exactly is new? Solutions will form the basis of this year’s conversations”,notes Ruth Obih-Obuah, CEO, 3Invest.
“ 2017 Real Estate Unite Conference has been designed to offer the greatest possible value and flexibility to operators, owners, users and players in all sectors of real estate including the residential, office, retail, healthcare, hospitality, logistics, leisure and industrial sectors ,she added
According to her, as is the tradition, Real Estate Unite 2017 will also feature exhibition of the latest offerings from real estate products and service providers to an involved audience that includes developers, suppliers, service providers etc. and attracts a wider B2C audience that includes investors, homebuyers, occupiers etc.
JLL, one of the global leaders in real estate will make a key presentation that will be highlighting current market challenges, their effects and solutions for the real estate industry in Africa.
Expected speakers at the conference sessions include YemiIdowu of Aircom; Valentine Ozigbo, CEO, Transcorp Hotels; AdeniyiAdeleye of Stanbic IBTC Bank; Obi Nwogugu of Africa Capital Alliance, Ronald Chagoury Jr. Vice President, South Energyx, Hakeem Oguniran of UPDC ; Ernest Hanson of Beaufort Properties in Ghana; Tom Mundy of JLL in South Africa; Mustapha Njie, MD/CEO, TAF Africa Global, Gambia; Andre Geday of Elalan Construction; MichealChu’diEjekam; BolajiEdu of Broll; ChinweAjene-Sagna of JLL, and FunkeOkubadejo of Actis.
This year’s edition of the annual flagship event will as key sponsors Actis, Eko Atlantic, JLL, UPDC, Aircom, Stanbic IBTC, Broll, Haven Homes, Elalan, Clifton Homes Ghana, Landwey Investment Ltd, EUC Homes and MP Infrastructure.
CHUKA UROKO
