Stakeholders in the real estate sector expressed hope that the sector would witness unprecedented growth, driven by infrastructure expansion nationwide, targeted capital deployment, a shift towards logistics and data-led assets, and deliberate residential development to mitigate existing gaps. The observation was made during the 2026 Nigeria Construction & Real Estate Market Outlook in Lagos.
The Chief Investment Officer of Panterra Real Estate Group, Ayo Ibaru, explained that infrastructure-led growth would increasingly shape where capital flows within the property market. He noted that government infrastructure spending has a multiplier effect that unlocks private development, accelerates asset creation and deepens the services economy tied to real estate.
Lagos State Governor Babajide Sanwo-Olu, represented by the State Commissioner for Housing, Moruf Akinderu-Fatai, said infrastructure planning must stay ahead of urban growth to attract sustained investment. He stressed that the state would prioritise transit-orientated development, urban regeneration, logistics hubs and climate-resilient infrastructure as part of its 2026 strategy.