“Some people, businesses (and investors) will emerge from the downturn stronger and more dominant than when it started. Others will weaken and fade. It all depends on critical choices that they make right now.” – Udo Okonjo (RIS 2016)
The 22nd of November witnessed a ray of hope in the Nigerian real estate industry as stakeholders, real estate investors and economic influencers converged at the at the Refined Investor Series to share creative insight and unlock the opportunities that abound in the Nigerian and International real estate market. This annual conference hosted by Fine and Country had in attendance over 100 participants made up of investors, major real estate developers and companies.
Here are some highlights of the event:
RIS PLENARY 1: UNLOCKING OPPORTUNITIES IN TRANSITION AND RECESSION ECONOMIES
“You’ve got to be the no. 1 sales person of Nigeria. Give Nigerian Investors Confidence in these times.” – Atedo Peterside (RIS 2016)
“Post delivery services, flexible financing, love for customers and integrity should be your part of business.” – Femi Akintunde (RIS 2016)
“2017 will not be much different from 2016. Stay on the game till the end of recession for the benefit of the boom” – Hakeem Ogunniran (RIS 2016)
From left to right: Chinwe Sagna, Head West Africa JLL; Andrea Geday, MD Elalan Construction; Hakeem Ogunniran, MD UPDC; Udo Okonjo, CEO Fine and Country West Africa; Femi Akintunde, MD Alpha Mead Facilities; Ugo Arinze, MD Onyx Property Consultants.
Contributions to the conversation were made by professionals in real estate and related industries who emphasized ways that developers, investors and value enhancers can jointly creatively seek ‘out-of-the-box’ solutions to current real estate challenges in the current economic climate. Practical examples and case studies of the opportunities that still abound in real estate investment were highlighted.
RIS PLENARY 2: THE RESIDENTIAL INSIGHT CONVERSATION: AN ECONOMIC MELTDOWN OR AN OPPORTUNITY TO REINVENT?
“Quality projects and developments are about tenants attraction, retention and separation.” – Femi Akintunde (RIS 2016)
Speakers: Mr. Hakeem Ogunniran, MD UPDC; Mr. Andrea Geday, MD Elalan; Mr. Femi Akintunde, MD AMF; Mrs. Udo Okonjo (CEO, Fine and Country West Africa)
RIS PLENARY 3: COMMERCIAL & RETAIL INSIGHT: THE STATE AND FUTURE OF OFFICES IN NIGERIA.
“The present economic challenges present a huge opportunity for Nigerians in Diaspora.” – Udo Okonjo (RIS 2016)
From left to right: David Mbah, Business Consultant Fine and Country W/A; Chinwe Sagna, Head West Africa JLL; Michael Chu’di Ejekam, Retail Investment Platform; Victor Nkwocha, Research Lead Fine and Country W/A and Sholape Oyinloye, Director Energo Buildings.