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AN EVALUATION OF THE INVESTMENT MATURITY OF PROPERTY MARKETS IN SOUTHWESTERN NIGERIA

PURPOSE: Studies on the maturity status of sub-Saharan African property markets are scanty. The absence of such studies appear to have made African property markets such as the Nigerian market unattractive to foreign investors who require market information to assess the viability of proposed investments. This paper explores the maturity status of selected city property markets in Southwestern Nigeria (that is, markets in the capital cities of Lagos, Ibadan and Osogbo), with a view to providing information for enhanced property investment in Africa. DESIGN / METHODS: The study adopted and expa…

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