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TAGEXPO set to unlock foreign investment opportunities for local property developers  

BusinessDay
3 Min Read

Come June 2017, TAGExpo, a property fair organised by T.A.G Nigeria will hold in London and Houston (United States of America) to showcase prime real estate in Nigeria for Nigerians living abroad who yearn to invest in new developments.

 This edition builds from the success recorded last year, when the property fair held in London led to successful real estate deals.
 The goal of the expo according to Michael Ejoh, chief marketing officer, T.A.G Nigeria is to visit several locations over different periods of a given year to showcase choice real estate for Nigerians interested in the local property market.
 “There has been a remarkable amount of feedback drawn from the UK sessions and a direct appeal to the team for a repeat – this is largely due to the fact that the UK winter edition was targeted at professional groups who were in attendance through designated representatives.
 “This time, we have proposed a long term execution plan that will allow more individuals to experience the fair independently, as well as get on board the exhibitors mailing lists,” said Ejoh while addressing media representatives at the press conference to launch the 2017 activities building up to the TAGEXPO summer experience.
 The exhibition with the theme “Meet, Invest, Secure” creates a platform for credible property development firms who have been vetted by the company to advertise their property in the TAGEXPO luxury catalogue, and get on the company’s existing database which has its network of clients, registrants and attendees to the fair.
 Francis Efoechoku, chairman of TAG Nigeria Limited said that the TAGEXPO provides credibility to local developers and assurance for Nigerians in Diaspora concerned about security of their investments.
 TAG Nigeria says it will make this year’s event bigger by holding it in summer and starting arrangements early. The company has also opened its website for registration and share information with interested attendees.
 Responding to questions on whether the high rate of vacancy in upscale areas, Ejoh  said, “What we have done is create a situation where you can let your property on short-term basis say for a few months where single individuals or families can move into the apartment and pay a rental fee, at TAG, apart from our advisory services, we have a facility management outfit that can handle that,” said Ejoh.
ISAAC ANYAOGU
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