WAPI 2019: Unleashing the Potential of Real Estate
Real Estate is a major engine of growth in all successful economies. In China, it accounted for much as 12% of the GDP in 2016. While it is a major source of job creation and economic growth in Nigeria and other West African countries, there is potential for it to contribute much more to growth with better regulation and policy that stimulate both private sector investment in the sector.
These issues were the concern of the 5th edition of the West Africa Property Investment Summit held on the 26th and 27th of November 2019 at the Eko Hotels in Victoria Island, Lagos. The 2-day high-caliber event themed Uncovering the next Real Estate Investment Cycle attracted over 450 delegates representing over 250 organizations (investors, developers, operators, property experts, practitioners, and the public sector). Speakers, panelists and delegates dissected issues such as the impact of capital markets and macro-economic on real estate investment.
They also examined issues around project finance and asset management in the real estate industry. WAPI 2019, like the previous four editions, was also a platform for deal-making: project developers and financiers and investors had a series of private meetings over the two days.