Exploring The Barriers to Global Trends in The Real Estate Development Industry: A Focus On Nigeria

International Journal of Civil Engineering, Construction and Estate Management Pub Date : 2023-03-15 DOI:10.37745/ijcecem.14/vol11n35685

I. W. Ozigbo, O. Nnamani, E. Onyekwelu

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Abstract

This general review paper explores current global trends in the real estate development industry as well as identifies the barriers to the growth and development of these industry trends in Nigeria. This study adopts the desk research approach using secondary information sourced from diverse databases. Content analysis of the secondary data show that advanced and some emerging markets have made tremendous progress in sustainable real estate development, disruptive technologies application in real estate development, real estate transparency, and development laws and regulation compared to Nigeria an emerging market. Barriers to the growth and development of the global trends in Nigeria’s real estate development industry were identified and grouped into eight sub-categories. Understanding these barriers and means to address them by policymakers, built environment experts and developers will result to sustainable growth and expansion of Nigeria’s real estate development industry. Further quantitative survey should be conducted to rate these factors in their order of significance.

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探索房地产开发行业全球趋势的障碍:以尼日利亚为重点

这篇一般性评论论文探讨了当前房地产开发行业的全球趋势，并确定了尼日利亚这些行业趋势增长和发展的障碍。本研究采用桌面研究方法，利用来自不同数据库的二手资料。二手数据的内容分析表明，与新兴市场尼日利亚相比，发达市场和部分新兴市场在房地产可持续发展、颠覆性技术在房地产开发中的应用、房地产透明度、发展法律法规等方面都取得了巨大进步。尼日利亚房地产开发行业的全球趋势的增长和发展的障碍被确定并分为八个子类别。决策者、建筑环境专家和开发商了解这些障碍，并采取措施解决这些问题，将有助于尼日利亚房地产开发行业的可持续增长和扩张。应进行进一步的定量调查，以对这些因素的重要性进行排序。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Civil Engineering, Construction and Estate Management

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