Ghana

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...

Interview with Erdinc Asar, Managing Director of Acacia Build Ltd Can you outline the steps you took when setting up your business in Ghana When we first came to Ghana, we did some feasibility studies. We looked especially at Accra, Kumasi, Takoradi and other places. We understood that this country needs lifestyle concepts and that does not mean just selling four walls to people. We want to sell...

Accra, the dynamic capital city of Ghana, is a captivating destination that offers an immersive experience in West African culture and history. With its diverse attractions, from historical landmarks to lively markets and stunning beaches, Accra has emerged as a popular tourist hub. As the economic and administrative center of the country, the city combines modern developments with a rich cultural...

There has been significant growth in Ghana's real estate sector over the past five years. It is one of the fastest-growing sectors in Ghana. This sector comprises the office market, the retail market, the industrial market and the residential market. OFFICE AND RETAIL Ghana's office and retail market is run primarily by the private sector. However, demand for this sector is higher in the Greater...

One of Ghana’s main sources of property destruction, with obvious examples in slums and homes near waterways, has been flooding. The situation has shown itself to be progressive, and it appears that people might not consider their surroundings until something bad occurs. The frequency of floods that have occurred in Accra over the years is a terrible case study. It is devastating to think that a single...

Ghana's consumer inflation slowed to 41.2% annually in April from 45.0% in March, the statistics service said on Wednesday. It was the fourth consecutive month that inflation has slowed, since reaching a more than two-decade high of 54.1% in December. The cocoa, gold and oil-producing nation is facing its worst economic crisis in a generation and is in the process of restructuring its debt in order...

Ghanaians who are contemplating building their own house have been advised to design the building plan in such a way that when their children are no more with them, the houses can be repurposed and rented out. This can avoid loneliness, a Senior Lecturer at the Real Estate Faculty of the Kwame Nkrumah University of Science and Technology (KNUST) Dr Frank Gyamfi-Yeboah said. Speaking on the sidelines of a...

The government has been urged to adequately support the real estate industry to thrive. According to John William Adel, President of real estate firm, Kasa Bazaar, the government must put in place measures to support real estate players to construct affordable houses for Ghanaians. Speaking at the launch of the firm in Accra, the President of Kasa Bazaar also said real estate firms must be...

Futura Construction, the facility company managing The Octagon by Dream Realty in Accra, has recently embarked on a project to redesign the common HVAC system in order to streamline its operation, provide more efficient usage for the different process components, and construct a more sustainable and environmentally responsible system. The immediate benefits of this project are numerous and will greatly...

Real estate is an important sector of the Ghanaian economy and has seen significant growth in recent years. The demand for real estate in Ghana is driven by the country's rapid urbanization and population growth. Additionally, there has been an increase in foreign investment in the sector, particularly in the luxury and high-end residential market. According to data from the Ghana Real Estate...