Lagos Set to Host 75th World Real Estate Congress as Governor Sanwo-Olu champions Public-Private Synergy for Sector Growth
Lagos State Governor, Mr. Babajide Sanwo-Olu, has emphasized the need for collaboration between the public and private sectors to enhance the growth and sustainability of Nigeria’s real estate industry.
The Governor said his administration will continue to provide policy direction for the private sector for investments, adding that several measures have been put in place for physical planning and urban development to address the issue of building collapse.
Mr. Sanwo-Olu spoke during a courtesy call by leadership of the International Real Estate Federation - Nigerian Chapter (FIABCI-Nigeria), led by the President of FIABCI Africa and Near East Region, Mr. Adeniji Adele.
He said: "It is not only the government that can do it. It is the private sector that can take the lead. We will provide the policy direction, but the private sector must ensure that they continue to make those investments and organise themselves.
"For us, technology is one of the things that have signposted Lagos as one of the acknowledged technologically driven cities in the world. There is a report that came out about a week and a half ago that says Lagos is the highest receiver of growth in terms of technology."
At the meeting, Governor Sanwo-Olu expressed the State's willingness to provide necessary support for the proposed 75th FIABCI World Real Estate Congress scheduled for July 9 to 13.
He said the event will provide an opportunity for stakeholders in real estate in Nigeria to further deepen the relationship with their peers in other parts of the world and government.
In his remarks, the President of FIABCI Africa and Near East Region, Adeniji Adele stated that the planned World Real Estate Congress will hold in Lagos, noting that it will be the first time the congress will be held in Sub-Saharan Africa.
Adele, who is the President of the Organiser Committee, said the conference will involve over 400 high-level participants from more than 40 countries, including government leaders, ministers, global developers, urban planners, investors and leading thinkers.
L-R: Past President, Nigerian Institution of Estate Surveyors and Valuers (NIESV), Mr. Bode Adediji; President, International Real Estate Federation (FIABCI) Africa and Near East Region, Mr. Adeniji Adele; Governor of Lagos State, Mr. Babajide Sanwo-Olu and President, FIABCI - Nigeria chapter, Mr. Akin Opatola during a courtesy visit at Lagos House, Marina, on Wednesday, 4th June, 2025.
He said: "The choice of Lagos was not accidental. It was the result of a compelling case. Lagos represents the future of African cities: dynamic, resilient and rapidly transforming. It is the epicentre of innovation, infrastructure development, real estate investment and policy reform. This city's ongoing evolution aligns perfectly with the 2025 Congress theme 'Global Real Estate Renaissance'.
"This theme addresses the urgent need for transformative thinking and innovation in our sector. The congress will focus extensively on emerging trends such as proptech (property technology), which is revolutionalising how we build, manage and finance real estate. Lagos, with its thriving tech ecosystem, is uniquely placed to lead this conversation on the continent.
L-R: Board member of FIABCI Nigeria, Mr. Bolu Olanrewaju; Senior Partner, Knight Frank Nigeria, Mr Frank Okosun; President, International Real Estate Federation (FIABCI) Nigeria chapter, Mr. Akin Opatola; FIABCI President, Africa and Near East Region, Mr. Adeniji Adele; Governor of Lagos State, Mr. Babajide Sanwo-Olu;Past President, Nigerian Institution of Estate Surveyors and Valuers (NIESV), Mr. Bode Adediji; other board members of FIABCI, Mr Adeniyi Tinubu; Mrs. Aderemi A. Fagbemi and Mr. Rogba Orimolade during a courtesy visit by leadership of FIABCI, at Lagos House, Marina, on Wednesday, 4th June, 2025.
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