A Three-Day mini exhibition Dubbed:  Ecobank-JoyNews Habitat Fair Clinic which  was opened  at Achimota Mall Retail Centre last Friday has ended. The event, which is organized annually by Joynews and its business partners seeks to create extensive awareness about the main Habitat Fair which comes off on September 20th to 24th 2023 at the Accra International Conference Centre, was...

Green spaces made up of tree cover, grass, and parks in Ghana’s capital, Accra, have reduced drastically in the last two decades. The situation poses serious health implications for the residents according to a new study titled: “Socio-demographic and neighbourhood factors influencing urban green space use and development at home”. The study noted that most green spaces had been cleared for...

Investment in real estate is believed to always be safe and profitable. But the current global economic downturn may question the conventional wisdom. Scepticism about investing in Nigerian and even the global housing industry could be driven by a sense of political uncertainty, technology trends and economic recession. Modern real estate development remains in its infancy in Nigeria, regardless of...

Southeast Ghana, particularly the Greater Accra region, is emerging as the next destination for expansion in residential and industrial development. With its favorable climate and abundant natural resources, Ghana has become a hotspot for opportunities and growth in recent years. The economic policies and cultural landscape of the country have attracted investors and individuals from neighboring...

Arguably, every adult would like to have a piece of real estate, either for housing and accommodation, or investment purposes. Unfortunately, this wish almost always ends up as a mere dream.The reason for this is that real estate, for whatever purpose it is needed, is believed to be capital intensive and most people, including those with ‘can-do’ spirit run away from it because, in their mind, it is...

Machine Cut Stones as Foundation Blocks in Ghana Houses One of the major problems in building houses in the waterlogged parts of Ghana and most other places in coastal Ghana is how the concrete laid blocks and cement fabricated blocks absorb salty water from the ground. This mechanism results from the salty nature of the groundwater in these areas because Accra used to be covered with large amounts of...

‘Legislation will reduce effective demand, real estate value’ Experts in the real estate sector have condemned the recent pronouncement by the Lagos House of Assembly to pass new property acquisition and business ownership laws that only favours indigenes of the state. They described the move as an attempt to jeopardise economic development, especially in the real estate sector, which has over...

ACCRA - Ghana's consumer inflation accelerated slightly to 42.2% year on year in May, up from 41.2% in April, the statistics service said on Wednesday. The West African nation is grappling with its worst economic crisis in a generation and is restructuring its debt. Authorities turned to the International Monetary Fund for a support package in July last year after rampant inflation spurred street...

Interview with Alaa Zayed, Co-Founder and CEO at VAAL Real Estate Ghana Could you introduce yourself and your projects? I am Alaa Zayed, the CEO and co-founder of VAAL Real Estate in Ghana. With over 20 years of experience in the real estate industry, we started our journey in Egypt where we delivered more than 100 certified projects in the capital. In 2016, we expanded our operations outside...

In making the decision to acquire a property, it is important to understand the dynamics and the kinds of things to note in order to make the right choice. One of my favourite quotes in Real Estate is by William Penn Adair. He says, “Find out where the people are going and buy the land before they get there.” This quote resonates with me in so many ways and inspires my constant admonishing of...