Tag - lagos

5th Nigeria Real Estate Summit And Expo
Green Light for N844bn 4th Mainland Bridge

5th Nigeria Real Estate Summit And Expo

The Nigeria Real Estate Summit & Expo (NIRESE), in its 5th edition, is Nigeria’s most important real estate event and gathers the most influential players from the industry for two days of trade, networking and learning through premium conferences and dedicated exhibition zones.

Attracting over 2,500 visitors including real estate investors, top government functionaries, C-level business executives, investment brokers and high net-worth principals, NIRESE provides an exceptional opportunity to:

  1. Interact with the industry’s leading experts as they analyze emerging real estate ideas and explore current opportunities and challenges in the Nigerian real estate market.
  2. Meet and network with institutional and private investors, real estate financiers and joint venture partners
  3. Create new partnerships and alliances; develop relationships through new networking opportunities while strengthening relationships with existing ones.
  4. Showcase and sell top real estate projects, properties, products and services to keen and ready investors at the event.

To address the impact of the geopolitical, economic and societal challenges facing the real estate industry and create new sources of growth, stakeholders need to adapt and rethink their strategies by collaborating with new players and creating new forms of business. The NIRESE Summit offers insights, inspiration and solution-oriented tools to turn ideas into actions.

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Green Light for N844bn 4th Mainland Bridge

Following a promise made by the Lagos State Government last month, the Memorandum of Understanding (MoU) to kick-start the construction of the 38km 4th Mainland Bridge was signed on May 25th, 2016.

The 4th Mainland bridge will be completed through a Public Private Partnership (PPP) initiative and is expected to cost N844billion. It will be financed by Africa Finance Corporation, Access Bank as well as other private investors who have already signified interest, while Visible Assets Limited will act as the coordinating firm. The new bridge will accommodate three toll plazas, which are still being tested for financial viability. Completion is expected in three years (±2019/2020, depending on when construction starts). Read More

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