An Enugu based company, Set Realty Limited, last weekend, trained 160 Enugu youths on the rudiments of real estate business.
The training, the company said, aimed at making the participants financially independent.
The Nigeria Real Estate Market size was valued at US$91.1 million in 2023, and it is predicted to reach US$137.8 million, at a CAGR of 6.1% from 2024 to 2023.
The real estate industry constitutes a multifaceted market involving the acquisition, development, and management of residential and commercial properties.
This expansive sector includes residential real estate, catering to individuals and families, as well as commercial and industrial real estate, focused on business operations and manufacturing.
Real estate development involves the creation and enhancement of properties, while real estate investment encompasses acquiring properties for financial gain.
Speaking during the training held in Enugu, Ugochukwu Okoronkwo, the managing director of the company, said they were motivated by the core goal of the organisation to empower youths on how to make money through real estate.
He said it was a business they could do on the side in addition to what they were doing and earn huge amount of money from it.
Mr. Okoronkwo said that Set Realty Limited aims to see that Nigerian youth acquire knowledge of finance and take advantage of real estate industry that will enable them make so much money to take care of their needs and people around them.
Noting that the company specialized more on human capacity development and empowerment on real estate, Okoronkwo said, “We do more of building people than building property.
“You can reach us for free training of your community, cooperative society, institution”, he added.
