By Chiebuka Enwere & Genevieve Aningo
TAG Nigeria Limited, has partnered Nedcomoaks Limited, others to launch a global real estate exhibition and fair.
The focus, according to the company, is to attract investors to the real estate business and Foreign Direct Investment, FDI to the country.
It will be recalled that the country’s real estate sector has been hit by a decline in investments, as investors continue to raise alarm over high cost of building materials, as well as foreign exchange.
Speaking to journalists at its Lagos office, to announce the opening ceremony on 26th November, Executive Diretor, TAG, Michael Ejoh, stated that the current challenges confronting the country’s economy can best be alleviated by massive investment in the real estate sector.
According to him, “As a real estate Advisory Consultant, we have carefully considered the database of Nigerians in the diaspora seeking investment opportunities, and recognised the need to kick off the event with the United Kingdom. The annual event will also serve as a meeting point for stakeholders to network with, attract real estate developers, financial institutions with facilities that support real estate acquisitions.”