Analysts Optimistic Over Real Estate Investment Trusts

0
974
Analysts Optimistic Over Real Estate Investment Trusts

Lagos – Despite underdevelopment of the Nigeria’s Real Estate Investment Trusts (REITs) market, experts within the nation’s financial sector have expressed optimism, saying there are great potential for growth.

But, according to them, Nigeria’s REITs would only become more eventful and impactful on the nation’s economy, if both Federal and state governments up the game in regulating the sector, lamenting that only three REITs are currently operational in the country.

This insight into a real estate sector that is set to rebound strongly in 2018 was contained in a release by the West African Property Investment (WAPI) summit in Lagos.