We cannot forlorn the values of the Real Estate Industry from an economical scale. About 11% of GDP each year is attributable to the real estate industry.
And Africa is currently taking a new thrill in the market. While some parts of the industry, especially those finance and capital market related, have increased share in GDP – the industry keeps increasing in style and dynamism.
In Nigeria, the Gross Domestic Product (GDP) of the Real Estate Services (nominal terms) has increased by 10.84% in the first quarter of 2022. Of course, every creative industry has creative heads. One of such individual is David Ogbole Onuh.
He is CEO and creative director of Adrex Properties, a 24th Century real estate and development company in Nigeria. Mr. David thinks the real estate industry in Africa is fast evolving towards the global spec of things.
“For me, i am more concerned about driving some of Adrex’s exclusivity. We are quite different with the way we operate. We are automating our involvement in the real estate market in Africa. I try to mask any form of pressure that our Clients may feel, so we have created a system that connects the buyer and the seller.”, David Ogbole Onoh said while expressing the dynamix Adrex Properties brings to bare.
“2023 will accommodate alot of dynamics in the real estate industry; and Adrex Properties is redefining these opportunities. We will be launching two of our Projects in 2023, ADREX SMART and ADREX HUB.
These are projects that are not just defined by their distinctive features and designs, but it also allows for more efforts in societal growth.
You can take Adrex Hub for example; it is a first of its kind ICT Village in Africa. It’ll open Africans up to sustainability. It’ll raise the next generation of digital Economists. The project on it’s own is revolutionary.” David asserted.
“Although nothing can be said about where the conversations would go in 2023, but the reason behind the excitements is that the real estate industry is still growing tremendously amidst the shades of Nigeria’s plunging economy.
We are very keen in finding values from the market boom, so we calculate our odds by creating innovative concepts in assisting the industry.” Mr David Ogbole concluded.