“The real estate sector will stand out in 2016 despite what seems like doom that awaits us," CEO predicts

The Chief Executive Officer of

At a real estate seminar for practitioners, Isibor predicted that Nigeria's real estate will withstand all it's challenges.

READ: Propertygate CEO expresses hope for Nigeria's real estate sector

However, she called on fellow real estate personnel to work together, rather than against each other.

“The real estate sector will stand out in 2016 despite what seems like doom that awaits us. What matters this year for the sector to succeed are credibility, trustworthiness and ethics; you need to possess these skills in order for people to place their money on you. We are going to see more people channel their energy towards real estate. If things are going down this way.

Practitioners should be collaborating and not competing among themselves else we will sink; we need to learn to collaborate so the share of the market is cut evenly instead of scattering the market, and then we all suffer.

Many organisations are downsizing, a lot of people have lost their jobs, a lot of organisations are folding up and it affects the ability to spend. Everyone needs a place to stay that means that real estate will suffer a bit but will not go down completely like other sectors.”

Isibor was backed by the Managing Director of Wemabod Estates Limited, Mr. Olumide Ologun, who urged real estate practitioners to do better in 2016.

“To remain at the top or remain visible in the market, we need to continually push the boundaries of accepted norms especially in our relatively static industry. We need to find new ways, more exciting ways to do business, deliver products to fit the market’s existing and emerging needs.”