Pwc Real Estate 2020 Building The Future. (2015)

Pwc Real Estate 2020 Building The Future. (2015)

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Summary

Looking forward to 2020 and beyond, the real estate investment industry will find itself at the centre of rapid economic and social change, which is transforming the built environment. While most of these trends are already evident, there’s a natural tendency to underestimate their implications over the next six years and beyond.By 2020, the 21st century’s great migration to the cities will be well underway. Cities will be swelling across the fast-growing countries in Asia, Africa, the Middle East and Latin America. Even the developed Western nations will be urbanising, albeit at a slower pace. But not all cities will prosper. While some become great centres of wealth creation in a multipolar world, others are likely to fail.Technology is finally coming to real estate. By 2020, it will have both altered the economics of entire subsectors of the industry, and changed the way that real estate developers and the investment community operate.

Source: Pricewaterhousecoopers (PWC) Nigeria

Published: 2015

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