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...
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...
To purchase property in Ghana, foreign investors must comprehend financing options. This guide explains tactics to obtain a mortgage in Ghana, with a focus on foreign nationals. Unique Aspects of International Mortgages for Ghanaian Properties Some key differences exist between domestic and international mortgages for financing real estate purchases in Ghana: • Higher down payments – Often...
Africa often flies under the radar for investors, but it's a promising frontier for those looking to make impressive returns on their investments. In today's investment landscape, it stands out as a unique opportunity. The continent's economic landscape is diverse, with nearly fifty countries, but many have undergone economic reforms that make them attractive for business. Despite challenges such as...
Global sovereign investments in Africa, such as the UK's $2 billion commitment to sustainable projects and the US's $200 billion through the Partnership for Global Infrastructure and Investment (PGII) initiative, are set to have a significant impact on the continent's real estate sector, according to global real estate consultancy Knight Frank. Knight Frank Africa report observed that over the past...
Real estate experts have cautioned investors to take 'careful consideration' of cultural, regulatory and tax matters in the region before sinking billions in the sector. This, they said, will help investors to proactively structure their investment. The remarks were made during a meeting between TARRA Agility Africa, a boutique international tax, legal and accounting advisory firm, and the Kenya...
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...
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...
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...