Exploring Nigeria's Q3 Real Estate Performance

Dolapo Omidire . 12 years ago

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Article Summary: The Nigerian real estate market performed robustly in Q3 2014, according to a report by Broll Property Services. The IMF director downplays fears, citing a shift towards service sector growth, which now accounts for 50% of GDP. CEO Bolaji Edu joins CNBC Africa to discuss the market's performance.

A report by Broll Property Services on the performance of the Nigerian real estate market in the third quarter of 2014, quotes the director of the IMF African Department as downplaying fears and assuring investors and stakeholders that the real estate market outlook still appeared ‘robust’ especially because some 50 percent of GDP was now generated from the services sector. Joining CNBC Africa to discuss Nigeria’s Q3 real estate performance is Bolaji Edu, the chief executive officer of Broll Property Services.

Source: CNBC Africa