Deficit in A-grade real estate, economy fingered for REIT underperfomance

by | January 23, 2018 12:28 pm

Deficit in A-grade real estate compared to similar urbanising environments, coupled with a volatile and on-diversified economy that relies much on crude oil have been fingered for the low investment in Real Estate Investment Trusts (REITs) in Nigeria. An additional factor responsible for this low investment in REITs is lack of assurance on ambiguous ‘tax…

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