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The world's ageing population would drive real estate transaction volumes to surpass $1tn globally by the year 2020, up from $700bn in 2015, according to a new report. Institutions are also set to increase their market share, which currently sits at 20%, driven by the need to cater for the ageing global population’s investment requirements, says the analysis from international real estate services firm JLL ‪#‎realestate‬ ‪#‎realestatetransaction‬ ‪#‎investment‬

With the storm over the recent economic downturn yet to settle, government’s unfavourable policies have continued to dampen the property market making transactions to be down to 70 per cent. The development, which began over 14 months ago, has largely been blamed on the decline in oil prices, and weak performance of commodities and geo-political conflicts. #realestate #transactions #property #Nigeria #niesv