Many Ghanaians are becoming increasingly concerned about the rising rent prices in Accra. With ordinary earnings unable to keep up with soaring costs, the idea of owning an adequate house or rental properties appears increasingly out of reach for the average Ghanaian income earner.  This article delves into the current issues and probable future of rent prices in Accra, the capital city...

The Sentinel Commercial Real Estate Investment Trust (the Sentinel REIT), the first Real Estate Investment Trust (REIT) licensed under the current Securities and Exchange Commission (SEC) REIT Guidelines has acquired One Airport Square (OAS), the iconic Grade A building in the prime area of Accra’s Airport City.  The nine-story OAS is a mixed-use building with a commercial space of 2,000...

Amid the bustling streets, entrepreneurial spirit, and cultural vibrancy lies a rapidly evolving landscape driven by a technological revolution. For anyone with aspirations to thrive within this fast-paced ecosystem, being informed and agile is everything. Imagine the power at one’s fingertips when sophisticated insights dovetail with straightforward digital tools – something critical for navigating...

The 2023 West Africa Real Estate Market Report" by Northcourt, a real estate investment solutions company, has highlighted Ghana as a key player in the region. The report showcases Ghana's attractiveness in terms of real estate investment opportunities, political stability, and favorable government policies. In the area of land prices per square meter (PSM), Ghana stands out with average prices in...

Capemay Properties, the trailblazing real estate developer, celebrated a momentous evening with the grand unveiling of Selton Skye, set to become the tallest residential building in Ghana. The exclusive event, attended by esteemed guests, marked a significant milestone in the company’s journey of innovation and excellence. In her address, Eunice Adjei-Bonsu, the CEO of Capemay Properties expressed...

Devtraco Plus, a subsidiary of the Devtraco Group, and Ghana’s leading multiple award-winning luxury real estate developer, is thrilled to announce the launch of its latest development, "The Address." Located in the prestigious Roman Ridge area. This project is poised to redefine modern living in Accra, offering a trio of towers that feature vacation, residential, and hotel apartments, each designed...

The Ghana Property and Lifestyle Expo 2023 saw a record number of deals executed at its flagship UK event. This two-day event, held in Chelsea, London, brought together hundreds of aspiring property investors and Ghana's leading property developers and experts, facilitating several seven-figure deals and counting. It stood as the quintessential "one-stop shop" for individuals passionate about property...

West African property stakeholders converged on Lagos to strategise and explore ways to remove bottlenecks from the commercial real estate sector in West Africa. The event was the 2023 West African Investment Property Summit. According to Head, Real Estate Finance of Stanbic IBTC, Akinmihan Tola, the real estate sector has been a resilient industry that has been impacted by a macroeconomic...

The Ghana Real Estate Developers Association (GREDA) has announced plans to raise shares among its members. GREDA is marking its 35th anniversary WHILE looking into the future -seeking to own a Real Estate Investment Trust and raise money internally, Patrick Ebo Bonful, president of the group, has stated. According to Mr. Bonful, the group has gone ahead to form its own company – ‘GREDA Investment...

Experts in the real estate sector have spotlighted things and actions governments at the federal and state levels should do to revision the country’s built environment for the benefit of the people and economy. The experts who spoke at the 2nd Biennial Corporate Governance Enterprise Development Conference organised by Centre for Enterprise Governance in Lagos recently, noted that developing the...