What is the size of the Nigerian real estate market?

$56 billion
The size/value of real estate opportunity in the country is estimated at $56 billion. This is, however, understandable in a country of 200 million population where housing demand-supply gap is well over 20 million units while annual housing output is between 50,000 and 100,000 units.

How much is the real estate industry worth in Nigeria?

By extension, Nigeria’s property Market is not only large but valuable. According to the National Bureau of Statistics, Nigeria’s real estate sector accounted for 6.39 percent of the country’s GDP in 2020 (around $7.3 billion).

What is the market size of real estate?

In 2020, the estimated value of the global commercial real estate market was approximately 32.6 trillion U.S. dollars, up from 30.3 trillion U.S. dollars in 2019.

How big is the real estate industry 2020?

$10.5 trillion
Market size increased in 2020 The size of the professionally managed global real estate investment market increased from $9.6 trillion in 2019 to $10.5 trillion in 2020.

Who is the first estate surveyor in Nigeria?

ADVENT OF THE PROFESSION IN NIGERIA The origin of estate surveying and valuation dates to the beginning of time. At creation God established the Garden of Eden and put Adam and Eve in charge of it. Thus Adam and Eve were the first Estate surveyors and Valuers since Eden was the first estate known to man.

How much is real estate worth?

By 2040, real estate market will grow to Rs. 65,000 crore (US$ 9.30 billion) from Rs. 12,000 crore (US$ 1.72 billion) in 2019. Real estate sector in India is expected to reach a market size of US$ 1 trillion by 2030 from US$ 120 billion in 2017 and contribute 13\% to the country’s GDP by 2025.

How big is China’s real estate market?

The Chinese property market is already twice the size of the US residential market and in 2019 was worth $52 trillion.

How much money is in real estate in the world?

Global real estate totals $280.6 trillion, while global wealth totals $360.6 trillion. The infographic also reveals that real estate around the world totals $280.6 trillion. Residential real estate ($220 trillion) far outranks commercial real estate ($33 trillion) and agricultural real estate ($27 trillion).

Which are the top real estate companies in Lagos?

This top real estate company is one of the major players in the luxury property and development sector, particularly in the high brow area of Lagos namely Ikoyi, Lekki and Victoria Island. Primewaterview Limited is starting to enter property markets in other locations.

How big is the global real estate market 2019/20?

MSCIREAL ESTATE MARKET SIZE 2019/20 REPORT 2 Overview MARKET SIZE INCREASED IN 2019 The size of the professionally managed global real estate investment market increased from $8.9 trillion in 2018 to $9.6 trillion in 2019. Key takeways CHINA CONTINUES TO BE THE FOURTH- LARGEST MARKET FOR THE SECOND CONSECUTIVE YEAR

Is adadron a good real estate company in Nigeria?

Adron has over 4000 acres of property in places ranging from Abuja, Lekki, Ikorodu, Shimawa and Ota. Their promo and discount offers as well as their flexibility in payment make them the real estate company of choice among middle and low-income earners.