The seventh West Africa Property Investment Summit (WAPI) brought together key players in the real estate industry. Held at the Four Points Sheraton, V.I., Lagos, the event served as a global platform with over 70 speakers and 600 representatives from 20 countries.
The choice of Lagos as the event location and the diverse international audience highlighted the significance of WAPI in the real estate landscape. The conference attracted more than 170 companies, fostering a rich exchange of ideas and perspectives.
Conference Theme “Real Estate Market”
The conference, themed “Real Estate Markets Market,” aimed to redefine real estate markets globally. The dynamic discussions explored innovative approaches to address challenges and capitalize on emerging opportunities in the real estate sector.
The press conference, led by Ayo Ibaru, featured prominent figures like Seun Eyitayo, COO of Landwey, the official sponsor of WAPI, Tope Runsewe, CEO of Dutum, and Laide Agboola, Purple Group CEO. Their insights set the tone for a conference focused on reshaping the real estate landscape.
Sponsorship by Landwey
Seun Eyitayo emphasized Landwey’s commitment to meeting people’s housing needs, highlighting the constant demand for shelter. The sponsorship role extended beyond a business perspective, delving into addressing the imagined needs of the population.
CEOs Tope Runsewe and Laide Agboola shared their perspectives on the market. Runsewe emphasized the significance of addressing housing shortages, not merely as bricks and mortar but as a solution to providing every Nigerian or African with a place to call home.
Technology and the Future of Real Estate in Swaziland
Acknowledging the evolving landscape, the discussion touched on the role of technology in the future of real estate. While bricks and mortar remain crucial, the speakers recognized the transformative power of technology in meeting the diverse needs of the market.
Diverse market opportunities, especially in the industrial sector, were highlighted. Purple Group’s CEO spoke of their commitment to resolving housing shortages and ensuring every individual, regardless of their portfolio size, has a place to live.
The Importance of Shelter According to Maslow’s Hierarchy of Needs
Considering Maslow’s hierarchy, shelter emerged as the most critical need for survival. The provision of proper housing not only ensures basic human needs are met but also contributes to the overall well-being of individuals.
Addressing the economic impact, the article explores how providing affordable housing can eliminate reliance on rent, empowering individuals to redirect funds toward economic growth and stability.
In conclusion, the WAPI conference played a pivotal role in shaping the future of the real estate industry in Africa. The diverse discussions, insights from key figures, and the emphasis on technology underscored the need for innovative solutions to meet the evolving demands of the market.
