Firm to hold real estate expo in London November 26

Top operators in the Nigerian real estate sector are set to participate in an exhibition organised by Tag Nigeria Limited in London, United Kingdom.

The exhibition titled “Tagexpo” is designed to bridge the gap between Nigerian real estate developers and those in the diaspora who seek to invest in the sector at home.

Speaking with The Guardian on the inaugural edition of the exhibition in Lagos, Chairman of the company, Francis Efoechokue said many top Nigerian professionals in the iaspora lacked basic knowledge on opportunities in the sector in the country, noting that the expo would be a platform to enlighten them.

He said the one-day fair holding on November 26 at the reception hall of Regents’ Park in London is expected to link investors, including Nigerians and foreigners with local operators in the housing sector. It would also address the challenges they might encounter in the country.

According to Efoechokue: “You see, because of the exchange rate, those outside Nigeria have money to buy property and are not familiar with what is going on in the country. The local developers too are witnessing slump because of the recession and so it would avail them the opportunity to have a deal that would be beneficial to them.

“There would be a booth in the expo centre in London, full of products and Nigerians would come to that venue, see what is available in the country without necessarily travelling to Nigeria.”

He added that all the property that would be showcased at the expo have been insured.