Finance

August 15, 2011

Property fair to highlight current trends

The sixth edition of the annual Nigerian Real Estate Fair will seek to highlight current trends in the real estate industry.

It will also serve as a platform to provide opportunities for real estate and construction-related companies, financial institutions, mortgage providers, underwriting agencies, architectural firms, and other stakeholders to participate, discuss, showcase and sell their products, services and learn current trends in the industry.

According to officials of Soe Properties, the organisers of the fair, this year’s expo/conference is slated for October 11-13, adding that the fair has been endorsed by the Federal Ministry of Lands, Housing and Urban Development, the Real Estate Developers Association of Nigeria (REDAN) and other industry-related bodies.

Chief Executive Officer of the organizing firm, Olisa Ebigwei, stated that the fair is a yearly convergence of the best brains involved in real estate development and construction world at large, adding that “the mission is to discuss, participate, showcase, sell, and learn the current trends in the real estate industry.”

At its debut in 2006, the fair took a look at Real Estate Products and brought together the forces of demand and supply into play so as to eliminate the usual fears inherent in taking purchasing decisions on properties.

The second edition in 2007 with the theme “Housing Cooperatives: Challenges, Growth and Prospects” served as a platform to help prospective homeowners seek ways of building their own homes.

In 2008, the fair had as theme, “Unknotting the Knotty Knots in Homeownership Finance” through which it proffered solutions to the problems faced by individuals and organisations planning to acquire properties.

The fourth edition of the fair had a wider scope with the theme, “Bridging the Housing Gap Through Public Private Partnership (PPP) Programme,” which addressed the import of partnerships, especially between the public and private sectors as a possible solution to the widening gap between housing demand and supply in Nigeria.

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