Investment opportunity beckons as Fine & Country takes Nigeria to the world
by CHUKA UROKO
August 8, 2017 | 12:55 am| | | Start Conversation
For Nigerian local developers and potential investors living outside the shores of the country, opportunity is beckoning as Nigeria’s frontline real estate marketing and advisory firms, Fine & Country (WA), is perfecting plans to take Nigerian real estate market to the world through its Refined Investors Series (RIS).
The series is a real estate thought leadership initiative hosted by Fine & Country and targeted at savvy investors, economic influencers, industry leaders, real estate developers, and stakeholders who are interested in exploring, understanding and unlocking the opportunities that abound in Nigeria’s real estate market.
Based on the resounding success of previous editions, RIS is now viewed as the leading premium real estate forum for astute and aspiring investors to receive accurate and current market insight.
This year’s edition with the theme, ‘Taking Nigeria to the World’ will be taking place in London and will lead conversations addressing the myths and misconceptions about investing in Nigeria while exposing, and connecting investors with safe, pre-qualified real estate opportunities from the leading and most reputable Nigerian developers.
For various reasons ranging from having presence back home to preparing for retirement, children’s education, creating a decent living environment for the comfort of relations, etc, many Nigerians abroad would like to invest in their home country, but shy away from such ventures because of what has been described as “confidence factor.”
Many of them have had their fingers burnt not only by trying to invest through their family and friends, but also by dealing with developers who, especially at the low and mid level of the market, struggle to deliver on their representations in terms of quality, timeliness or customer service experience.
“Part of our mission to London is therefore to explain to the Diaspora Nigerians that there are opportunities in this market and also tell them what, why, where, when and how to invest”, explained Nonye Mike-Nnaji, Fine & Country’s Business Development and Sales Consultant, who spoke at a press conference in Lagos recently.
Mike-Nnaji said the two-day “Refined Investors Series UK” will attract leading Nigerian Diaspora professionals, sports stars, entrepreneurs, family office administrators, wealth advisors, and real estate enthusiasts. “It will showcase current and upcoming projects in the residential and commercial segment at both the luxury and mid market segments. Guests will have opportunity to network and access early bird real estate opportunities through ‘RIS Deal Rooms’ set up for investors”, she assured.
The programme for the UK event obtained by BusinessDay shows that it will start on Friday evening of October 6 with an exclusive dinner, music and recognition to celebrate Nigeria’s 57th independence, visionary leaders, projects and the current advancement shaping the Nigerian real estate sector. The evening will also be used to encourage networking with private wealth clients.
The second day of the event will be action-packed with a seminar themed ‘The Nigerian ROAR—an acronym for Risks, Opportunities, Approach and Returns’. There are several sub-themes or sub-topics the first of which is ‘Navigating Investments in Nigeria’. Mike-Nnaji explained that this would be highlighting the latest developments in ease of doing business policy framework in Nigeria.
Other sub-themes include ‘A Spot Light on Lagos at 50; Residential Property Opportunities: Security. Value. Growth; Land Investment: Acres of Opportunities? Office Trend: Follow the LEED or be LED; New Cities, New Realities; Urban Re-generation versus Escape Havens; Creativity in Financing Diaspora Investors, and the Real Deal’.
Seasoned and astute investment experts, renowned veterans in Nigerian real estate industry and government ministries both at the state and federal level are expected as speakers at the event which has Eko Atlantic as the lead sponsor among other top real estate developers.
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