In Africa, the institutional acquisitions and disposals for real estate investment is valued at $1.8 billion and one country has attracted 29%, the most investments by country ahead of Mozambique ($260m) and Mauritius ($250m).
Nigeria is considered a greenfield for investors because of its large population. Currently, Nigeria is a top destination for retail investment (investment value at $260m), a top destination for office space market investment (investment value at $140m), and a top destination for Industrial real estate (investment value at $25m) but Nigeria is third for hospitality investment (investment value at $98m).
Nigeria's annual housing output is between 50,000 and 100,000 units for a population of about 200 million people. The homeownership level in the country, according to experts, is a little above 20% meaning there is a big gap in Nigeria’s housing demand-supply.
it is safer to invest in NIgeria Real Estate beacause property value tends to increase without the volatility of the share market.