He stated this during a keynote address ‘on the real estate market in the next decade’ at the African Property Investment summit 2021. The API Summit is a platform that attracts investors and occupiers, service providers and financiers. It is an aggregator of people interested in occupying or investing in real estate and cuts across all sectors, from residential to commercial.
“The real challenges lie in offices, retail and hotels. In the case of retail, the sector continues to attract investment. Yes, there have been major retailers exiting some African markets, but if you look at the international trend, a lot of landlords have invested in retailers to get them going again. We have observed a similar trend in Africa in terms of a resurgence of local investor interest in the retail sector.
However, Horne said he does not expect the office sector to necessarily shrink in size as companies downsize or consolidate adding that offices are going to have to be repurposed for increased spacing between workers, which will result in fewer employees per square metre and the adoption of more flexible workspace solutions.He added, “Many of the trends dominating the international real estate market at present were already prevalent or on an upward tick before Covid-19.
Quarry- IBBL Quarry Price- asking 300m but 250m does the business Capacity- 300tonnes/hour Staff strength- 60workers. Full functional but currently not in use. Location: Kulende axis of ilorin As at when in use it was one of the very best in kwara State. Enjoying huge turnover.