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Lagos’ real estate marketplace targets recovery in built industry | Prestige Real Estate News

Lagos’ real estate marketplace targets recovery in built industry


When stakeholders in the real estate sector gather next month in Lagos, it will be an occasion to focus on recovery in the built industry.

This is in line with the T.H.E.M.E.S Plus Agenda of Governor Babajide Sanwo-olu in a bid to bring together stakeholders in the real estate sector.

For this reason, the Lagos State Real Estate Regulatory Authority (LASRERA), is set to hold the fourth edition of Lagos Real Estate Marketplace Conference & Exhibition initiated in 2020.

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The Special Adviser to Lagos State Governor on Housing, Barrister Barakat Odunuga-Bakare, who disclosed this, explained that the event would host real estate stakeholders in the built sector and present a one-of-a-kind opportunity for investors/ investees.

According to her, key industry players and relevant government agencies will  also leverage on the event to facilitate Public-Private partnerships, investment opportunities, policy developments and provide solutions to issues peculiar to the industry through the joint venture initiatives scheme of the state government.

“The Lagos State Housing Partnerships initiatives, if tapped into by individuals/organisations operating in the real estate sector, will drive macro-economic growths and development amongst other functions within the built industry value chain,”Odunuga-Bakare stated.

She informed that the previous editions of the event had addressed some challenges facing the sector through proper and robust panel discussion sessions by experienced industry players.

She stated that the fourth edition of the Lagos Real Estate Marketplace Conference and Exhibitions will be held in December on Victoria Island, Lagos.

Disclosing that the two-day event will have Governor Babajide Sanwo-Olu as the chief host and the  Deputy Governor, Dr Obafemi Hamzat as the co-hosts, the special adviser stated that the annual conference and exhibitions will be attended by professional bodies in the built sector, real estate value chain enterprises ranging from tourism, horticulture, financial institutions, interior decorators, construction companies, real estate agencies, interlocking companies, cement companies, sanitary wares, POP contraction companies, tiles industries, environmentalists, resident associations, proptech companies with relevant government agencies of the state.

Odunuga-Bakare said that panel session segment of the event will be chaired by seasoned representatives drawn from the private and public sectors, who will propose suitable solutions to the challenges in the built sector to attract Investors’/investees’ confidence towards sustainable investments.

“This is an opportunity for corporate organizations, individuals, and state government agencies to showcase their brands, products, services, and network at exhibition stands at this year’s event,” she advised.


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