Report
EUR 8.06 For Business Accounts Only

Good Morning Nigeria: Slowdown in real estate

​Slowdown in real estate

Nigeria’s real estate market presents substantial opportunities as well as a number of risks for property investors. Existing problems such as poor access to credit and an underdeveloped mortgage market are areas the FGN would need to develop in the near future in order to move this sector forward. In Q3 2015, the real estate sector grew by 2.1% y/y compared with 5.9% recorded in the corresponding period in 2014. The sector has been known to grow at a faster rate. In the past eight quarters it has expanded at an average of 4.8%. We attribute the sluggish movement to the current macro challenges.

Provider
FBNQuest
FBNQuest

In today's rapidly changing financial environment, we believe our clients need a financial partner they can rely on to provide clear guidance, progressive thinking and innovative products. Our in-depth and qualitative research covers macroeconomics, fixed income and equities, offering timely market commentary and detailed analyses of the local economy, major sectors listed on the Nigerian Stock Exchange (NSE) and the Federal Government of Nigeria bond market. Our sound recommendations are based on a thorough and objective analysis of the relevant companies within the context of their respective industries, the local market and international peer set. Our research is well recognized and acclaimed for its value and integrity, as we provide existing and prospective investors access to reliable, independent, quality research to aid investment decision-making and strategy development.

Other Reports from FBNQuest

ResearchPool Subscriptions

Get the most out of your insights

Get in touch