Investment Risks Associated with Property Development in Nigeria
  • Author(s): Utchay A. Okorji ; Warebi G. Brisibe
  • Paper ID: 1705566
  • Page: 12-19
  • Published Date: 04-03-2024
  • Published In: Iconic Research And Engineering Journals
  • Publisher: IRE Journals
  • e-ISSN: 2456-8880
  • Volume/Issue: Volume 7 Issue 9 March-2024
Abstract

Nigerian real estate development offers investors great prospects, but there are hazards involved that need to be fully recognized and managed. This essay seeks to examine the main investment risks connected to Nigerian real estate development, encompassing risks related to markets, regulations, economy, and politics. To optimize returns and guarantee the success of their investments, investors can make well-informed decisions and put into practice efficient risk management techniques by thoroughly analyzing these risks. In order to improve investor confidence and project performance, this research attempts to critically examine the inherent risks associated with real estate development projects in the Nigerian setting. It does this by offering insights into potential mitigating techniques. The study makes use of secondary sources like journal articles, government publications, and case studies in addition to primary data gathered through surveys of industry professionals. This paper helps to advance the field of property development in Nigeria by drawing attention to these dangers, which will ultimately help investors, developers, politicians, and other interested parties.

Keywords

Risk, Investments risk, Property Development, Nigeria, mitigation strategies.

Citations

IRE Journals:
Utchay A. Okorji , Warebi G. Brisibe "Investment Risks Associated with Property Development in Nigeria" Iconic Research And Engineering Journals Volume 7 Issue 9 2024 Page 12-19

IEEE:
Utchay A. Okorji , Warebi G. Brisibe "Investment Risks Associated with Property Development in Nigeria" Iconic Research And Engineering Journals, 7(9)