Readers think the real estate industry is worth investing in

Nigerians were asked if the real estate industry here is worth investing in.

This came after it was discovered that foreign investors are showing a growing interest in real estate in Nigeria and Africa as a whole.

READ: Foreign investors show growing interest in real estate in Nigeria, Africa

Most Nigerians(75%) voted in the favour of Nigeria's real estate industry while the minority(25%) voted against.

Despite the minority's opinion, Gerhard Zeelie, Standard Bank’s head of real estate finance for the rest of Africa, has seen foreign investors show a growing interest in the real estate industry.

“Foreign and local investors are seeing the growth potential of Africa, spurred by rising consumer spending of Africa’s developing middle class. Economic growth and investments in infrastructure are opening up previously inaccessible markets.”