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Real Estate in Ghana

  • Improved liquidity, currency volatility can give Sub-Saharan Africa real estate markets a Boost

    KENYA, 2017/08/20 Real estate markets in Central and Eastern Europe (CEE) are seeing record levels of international capital inflow while a lot of markets in Sub-Saharan Africa are lagging behind. The new JLL Capital Markets research has identified liquidity and foreign exchange volatility as two key reasons impacting real estate capital flows into Sub-Saharan Africa real estate markets. A two-speed cycle appears to have evolved in emerging economies with some racing ahead and others lagging behind.
  • Africa property offers rich pickings for the brave

    BOTSWANA, 2017/08/20 Some property pundits believe there are major opportunities for investors or companies on the continent. While most pundits will acknowledge that the saying “Africa is not for sissies” rings authentic at the same time as it comes to property investment , some commentators believe that there are major opportunities for investors on the continent.
  • Moves afoot to facilitate home ownership in Ghana

    GHANA, 2017/04/06 Home-ownership drive Speaking to local media in January, Samuel Atta Akyea, the minister for housing and works, said the government planned to set up a fund to subsidise the cost of housing for low-gain earners. Atta Akyea as well announced that the Ministry of Housing and Works (MoHW) is considering setting up a bank for the housing sector to help with the government of the fund, which itself will support the restructuring of the existing home loan system to ensure that mortgage repayments are affordable. With a new proposal to fund affordable housing on the table, along with a previously mooted abolition of the value-added tax (VAT) on property sales, the 2017 outlook for Ghana’s housing market has brightened.
  • Real estate: Although real estate in Ghana has slowed down, REITs hold potential

    GHANA, 2017/01/14 Ghana’s emerging real estate sector contributes significantly to the development of the economy as far as housing is concerned. The government has helped to establish the Ghana Real Estate Developers Association as an initiative for public and private sector participation in housing investment and delivery. The association was formally inaugurated on October 28, 1998 under the laws of the country as a private company limited by guarantee.
  • Accra’s biggest Shopping Mall ready by 2014

    GHANA, 2013/03/26 West Hills Mall, the major comprehensive shopping centre is being constructed in Ghana’s capital Accra by South African property investment and development company Atterbury. Construction has begun, with WBHO Ghana appointed as major contractor. Atterbury, in conjunction with the Social Security National Insurance Trust of Ghana (SSNIT) and Nasec, a local Ghanaian developer, on Thursday said it is developing the 30 000sqm West Hills Mall, to open in October 2014.
  • Bigen Africa to partner with Ghanaian Estate Developer to build low cost housing

    GHANA, 2012/03/26 A South African infrastructural development company, Bigen Africa, has expressed interest in partnering Ghanaian real estate companies to build affordable houses for the poor and middle gain earners. Speaking to the Daily Graphic on the sidelines of Bigen Africa roundtable to introduce the operations of the company to the Ghanaian market, Mr Emmanuel Anesu Kere, the Africa Region Director of the company, said the company had the capacity to deliver and help reduce Ghana’s housing deficit.