Impact of macro-economic and socio-political environment on the Nigerian real estate market will dominate discussions at this year’s edition of the Abuja International Housing Show (AIHS), which will be taking place in the Federal Capital Territory, Abuja.
AIHS is an annual gathering of high profile professionals who are founders and business owners, and this year’s edition, 13th in the series, anticipates over 200 CEOs of real estate, mortgage, housing finance, and construction companies and institutions who will be beaming search-light on the challenges of the real estate market.
“This event is also a collaborative and supportive environment for leaders in Nigerian real estate industry support services and mortgage banks. Participating in the forum will increase high level business contact,” Festus Adebayo, CEO, Fesadeb Communications, said.
Fesadeb Communications, the organiser of the event, is a real estate market-focused organisation that has taken its crusade for the market growth and development to a new high with the Abuja housing show, which brings together both the public and private sector stakeholders to identify market problems and proffer solutions.
“The forum provides avenue for meeting counterparts from other parts of the country and beyond; with an ever changing world, such as we have, it is indeed very timely to have all these top leaders converge for the sake of advancement. Various ideas and experiences from several places will greatly enable the participants to forge effective models of operation, Adebayo noted.
Apart from conferences and products exhibition, there will also be a CEO Forum on the first day aimed to tackle several challenges, especially the recurrent ones, in the housing sector. It is hoped that the attending CEOs will proactively engage the show with first hand, authentic and relevant information on issues pertaining to the industry.
Major highlights of the event, according to the organisers, are the showcasing of innovative developments in the housing industry, paper presentations from experts and leading names in the industry.
Renowned experts will be providing housing market forecasts and examining issues such as employment, home prices, production, demand and supply.
“There will be break-out sessions led by the CEOs to address emerging issues with some definitive and specialised solutions. This will be of great benefit to the entire industry as such recommendations will be adopted in order to effectively grapple with industry challenges ranging from provision of affordable housing, mortgage, quality control and policy directions,” he said.
He hopes that the CEO forum will also be an opportunity for the promotion of new ideas, innovations and products looking for markets, adding that it will also serve as a selection ground for those looking for ideas, businesses and products to invest in.
“Clearly, there is no other platform in Nigeria that can bring together as many professionals, not only from housing, real estate and construction sectors, but also from government, investment, and capital markets to share experiences, knowledge and expertise on varied issues related directly or indirectly to the housing sector,” he posited.
Source: By Chuka Uroko, Business Day