Digital Transformation in Real Estate and Facilities Management: Exploring Télécommunications Solutions at NITDA

Abstract

The integration of telecommunication infrastructure in real estate and facilities management has become increasingly essential due to rapid urbanization and technological advancements. In Nigeria, real estate management faces significant challenges, including inefficiency in property valuation, facility maintenance, and sustainability practices. However, the potential for telecommunication technologies to improve these aspects remains largely underexplored, especially in the context of Nigeria's ongoing smart city development initiatives. Given the importance of these technologies, the need for this study arises to explore how telecommunication policies and infrastructure, driven by the National Information Technology Development Agency (NITDA), influence real estate practices and sustainability in Nigerian urban centers. This study aims to examine the relationship between telecommunication infrastructure integration and improvements in property management and sustainability within the Nigerian real estate sector, with a focus on Abuja and Algos as case studies. Data were collected from 360 NITDA staff members using structured questionnaires and analyzed through descriptive and inferential statistical methods, including regression and correlation analyses. The findings revealed a strong positive correlation (r = 0.78, p < 0.05) between the integration of telecommunication infrastructure and improvements in property management efficiency. Furthermore, regression analysis demonstrated that 62% of the variance in facility management efficiency was attributable to telecommunication-enabled solutions such as IoT and smart grid systems. These results highlight the critical role of ICT in enhancing the efficiency and sustainability of real estate management in Nigeria. In conclusion, the study underscores the importance of telecommunication infrastructure in driving smart city goals and sustainable real estate practices. It recommends increased investments in ICT, policy harmonization, and capacity-building programs for stakeholders in the real estate sector to fully leverage telecommunication technologies.

  Key words: Telecommunication, Real Estate, Sustainability, NITDA, Smart Cities

Received Date: November 05, 2024
Accepted Date: November 26, 2024
Published Date: December 01, 2024

Available Online at https://www.ijsrisjournal.com/index.php/ojsfiles/article/view/261
https://doi.org/10.5281/zenodo.14260660