Ghana

The Ghana Real Estate Developers Association (GREDA), the umbrella body of property developers, has bemoaned the influx of illicit money into the real-estate sector – describing it as alarming and with dire repercussions for the economy. With the banking sector having closed all the loopholes for money launderers, GREDA said the real estate sector – built or landed properties – is increasingly...

The Ghana Real Estate Developers Association (GREDA) has stated that the government is unable to deliver affordable housing, especially in the Fourth Republic, due to its active participation in the real estate sector. It has consequently called on the government to perform a facilitation role in the delivery of affordable housing projects instead of competing with private sector players. The...

Chief Investment Officer, Stanbic Investment Management Services (SIMS), George David Allotey, has emphasized the need to fully understand the nature of assets before investing. He made this statement at a Broll Ghana seminar on alternative real estate investments held at the Alisa Hotel, North Ridge, Accra. Speaking at the event on the theme, “The keys to unlocking Ghana’s real estate investment...

Interview with Jolanda Castagna, Managing Director of Akka Kappa What is your evaluation and perspective on the real estate industry in Ghana? If you have had the opportunity to visit Ghana recently, particularly within the last year, you would have noticed a significant surge in real estate activities. Despite the prevalent concerns about the economic situation, both...

The Ghana Real Estate Professionals Association (GREPA) has launched its third Africa Real Estate Conference and Expo 2023 to project the Ghanaian and African real estate industry. The event, to be held in Accra from October 13 to 18, 2023, will bring together real estate professionals, industry players, sustainability specialists and technologists together at one venue to share new ideas and expose...

Libi Homes commences new apartment project, The Milton at Airport Residential Area in Accra. The estate developer has three development projects in the pipeline and The Milton condominium located in the heart of Airport Residential Area in Accra, is garnering much interest in Ghana and across the African Diaspora. Ownership assures investors circa 15% in annual yields for year-round...

Joan Quaye-Mensah, the CEO of SixJay Homes a real estate professional, has been recognized for her outstanding contributions towards the housing industry's growth. She was honoured at the 7th edition of the Forty Under 40 Awards, which took place at the De Icon Events Centre in East Legon - Accra. The recognition is for her dedication and hard work in building and advocating for best business practices...

Mr. Thomas Ayisah, the Chief Executive Officer (CEO) of Agazy Homes, has been honoured with two prestigious awards at the seventh edition of the Forty Under 40 Awards, held at the De Icon Events Centre in East Legon, Accra. Mr. Ayisah was recognized as the Overall Personality of the Year, receiving the Ultimate First Among Equals Award. He also secured the title of Real Estate Developer of the Year,...

Economist and Associate Professor at the Institute of Statistical, Social, and Economic Research (ISSER), Prof. Charles Ackah has blamed revenue mobilisation agencies for setting low achievable tax revenue targets. This he believes is a major cause of Ghana’s low Gross Domestic Product to-tax- ratio. The Ghana Revenue Authority and municipal assemblies hope to raise about ¢165 million from...

The Chief of Staff Akosua Frema Osei-Opare has launched the Chartered Institute of Realtors (CIR) at the Africa Trade House in Accra. In her speech, she thanked the organisers for the initiative primarily seeks to sharpen the skills of real estate developers. She said the launch serves as a useful additional government effort towards enhancing safe and sound professional real estate practice in...