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Real Estate & PropTechOpen
Build the Commercial Real Estate Analytics Platform Nigeria's Property Market Needs
Nigerian investors and businesses make multi-billion naira commercial property decisions on gut feel and broker claims. Design the data platform that replaces guesswork with evidence.
Closes 10 Sept 2026
The brief
Commercial real estate in Nigeria — office space, retail, industrial warehousing, mixed-use development — is a multi-trillion naira market that operates almost entirely without independent data. Rental rates are not publicly reported. Vacancy rates are estimated by brokers with incentives to inflate the market. Development pipeline data is not aggregated. Investors and corporate tenants making multi-billion naira location and investment decisions have no independent data source.
Your challenge is to design a commercial real estate analytics platform for Nigeria's four major commercial markets (Lagos, Abuja, Port Harcourt, and Kano) that publishes independently sourced rental rates, vacancy rates, development pipeline data, and demand indicators for office, retail, and industrial segments. The platform must be sustainable on subscription revenue from investors, corporate tenants, and lenders.
Submit a business and platform design document (max 12 pages) including: the data sourcing methodology for each metric, quality assurance and bias prevention, the analytical product design, the subscription model, how independence from broker conflicts is maintained, and a plan to publish quarterly reports covering all four cities within 12 months.
Judging criteria: 35% data sourcing methodology and independence, 30% analytical product design, 20% subscription model and financial viability, 15% broker conflict management.