Imo best investors’ haven in South east-Estate surveyors


Real estate developers and other practitioners in the sector have said that New Owerri in Imo State has dominated other cities in the South East as the best destination for a quick return on investment in the region.

The practitioners described the destination as an investor’s haven.

The stakeholders said this at the inaugural briefing and presentation by the promoters of Denka Business City, New Owerri for members of the Nigeria Institute of Estate Surveyors and Valuers (NIESV), Owerri branch.

The event was attended by representatives of the Owerri Chamber of Commerce and Industry.

New Owerri is witnessing the addition of Denka Business City, which will be completed and commissioned on April 30, 2023.

The stakeholders, who spoke at the forum, believe that the new estate has the potential of driving up interest in the real estate space in Imo State.

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The Chief Operating Officer of Denka Business City, Uche Uche, said that the city is designed to be a business hub consisting of a mix of shops, offices and apartments for sale to the public.

Uche said the biggest selling point of the project was its location along Achike Udenwa avenue which has become the most commercially viable street in Owerri.

Chairman of NIESV Owerri branch, Mrs. Uloaku Ekwuribe, applauded the management of Solarcity Housing and Commercial Estate Ltd, the developers for the new estate tipped to increase the prospect of property business in the state.

Uloaku and other stakeholders present at the event also commended the state-of-the-art facilities in the estate.

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