Business
50 Firms Storm Real Estate Summit In Lagos
Over 50 leading Nigerian companies and counterpart firms from the United Kingdom, Ghana, South Africa and United Arab Emirates (UAE) are some of the organisations participating in the 2nd Nigeria Real Estate Summit and Expo ongoing in Lagos.
Announcing this at an interactive meeting with stakeholders in Lagos, head of the summit’s organsing committee Steve Ike, stated that all is set for the hosting of one of the most important events in the Nigerian Real Estate calendar which commenced from Tuesday September 19 – September 20.
According to Ike, the summit and expo with the theme: “Collaborating, Innovating and Growing to Achieve Adequate and Affordable Housing Delivery in Nigeria”, is billed to deepen on-going discussions, stimulate measurable actions and provide the most inclusive and sweeping answers to the housing issues in Nigeria.
The Real Estate Summit and Expo gathered the most influential real estate players, industry professionals and policy makers for two days of expert-led conferences and tailored networking events to learn, share, discuss and chart a new path for the Nigerian real estate industry.
Stakeholders during the sessions, would deliberate on five key issues namely land, infrastructure, housing finance, policy and strategy, and technology. The summit will cover current burning issues affecting the industry. These will include challenges associated with fluctuations in the economy which, in turn, contribute to cycles of sensitive developments in real estate. The Summit will also analyze supply and demand as the local economy and growing population drives land expansion.
According to Ike, “to address the impact of the geo-political, 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 fellow players and creating new forms of philosophies. The NIRESE Summit is designed to offer insights, inspiration and solution-oriented tools to turn these philosophies into actions”
Aside from the national conference he said, the summit would feature an exhibition show that would provide opportunity for property developers and other service providers in the industry to showcase existing housing stock, building materials and new construction technologies.
With an agenda structured around presentations in plenary and panel discussions as well as a housing market place to support focused conversations between investors and projects, the summit is attracting stakeholders from across the country, all with the express purpose of furthering investment in afforable housing.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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