Real Estate in Nigeria
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Nigeria’s property market matures
NIGERIA, 2015/05/21 Due in part to a large housing deficit, request for residences in Nigeria looks set to remain strong, putting the real estate sector on course for a period of sustained increase. According to a January 2015 statement by CBO Capital, the sector was valued at N6.4trn ($39bn) and growing at 10% a year. Even though local and foreign developers have carried out a large number of projects in recent years, in most segments request has outpaced delivery.
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