This edition of the Market Review features Mr. Hakeem Ogunniran, Founder/CEO Eximia Realty Company Limited as he speaks on “REITS As Investment Tools for Nigeria’s Capital Market Development”.
According to him currently at the global level there are over 145m investors in the REITs market which is valued at $3.5trn+ in assets, with United States of America as the leading market.
Speaking further he said it was an asset class that provides benefits to investors with the ability to boost the liquidity of the market.
He believed that there was immense opportunities to unlock its value in the capital market, considerable the reforms that creates more avenues for investments in the asset class.
The Real Estate expert said the REITs legislations in Nigeria need to be anchored on sustainability, effective regulation and the adoption of technology to thrive in the market and the economy.
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