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COVID-19: ‘Impact on real estate may take 3 years before rebound happens’

…sector may lose 50% revenue due to severe impact of virus

As Nigerian economy commences gradual reopening amid widespread fears that it may slip into recession post Covid-19, practitioners in the real estate sector say the sector, being a laggard, may take about three years before it turns the corner. Describing the impact of the novel virus on the sector as the biggest in history, the…

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