Experts Warn Poor Planning Threatens Africa's Real Estate Boom

The article highlights concerns raised by experts regarding the real estate sector in Africa, emphasizing the negative impact of poor planning and weak governance on the industry's growth. Issues such as inadequate planning for occupancy, maintenance, and energy efficiency are identified as key challenges.

Stakeholders like Alfr Osagi and Omosalewa Fajobi stress the need for clear systems and transparency from the outset of real estate projects to avoid hidden details and controversies. Events like the maiden Real Estate Management Africa conference aim to address these challenges by promoting discussions on facility management, technology, and good governance in urban development.

Key figures in the sector, including Chude Osiegbu and Sheriff Daramola, advocate for a holistic approach to real estate management beyond construction.