Africa’s Real Estate Highlights in 2019…and what to expect in 2020.

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From huge money deals to strong industry partnerships, the launch of modern technology and reformed regulations, Africa’s real estate market, despite the high economic volatility, continued to evolve in the past year. As we move forward in 2020 with huge expectations, it is important we recount the major events that shaped 2019 to provide some insights into what to expect in 2020.

Here are our highlights:

Africa’s Real Estate Highlights in 2019…and what to expect in 2020. - Brand Spur

What to expect in 2020:

  • One of UPDC REIT’s best-performing asset last year was their student housing project in Pan-Atlantic University, Lekki. They plan on switching their strategy in the new year to make their asset portfolio look more attractive. They also mentioned they have eyes on young professional housing developments and will work on making them affordable and accessible for the target market.
  • Given the reduction in returns from treasury bills and other similar investments in Nigeria, investors are expected to explore other asset classes, real estate inclusive. A new strategy into higher-yielding real estate investments should increase interest in real estate investments.
  • Following the investments by WeWork in South Africa, WeWork mentioned they will be making some announcements on their Africa strategy soon as they look to opening new locations across Africa.
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Africa’s Real Estate Highlights in 2019…and what to expect in 2020. - Brand SpurAfrica’s Real Estate Highlights in 2019…and what to expect in 2020. - Brand Spur

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Africa’s Real Estate Highlights in 2019…and what to expect in 2020. - Brand SpurAfrica’s Real Estate Highlights in 2019…and what to expect in 2020. - Brand Spur

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Hong Kong ICT Awards 2021 opens for enrolment

HONG KONG SAR - Media OutReach - 23 April 2021 - The Hong Kong ICT Awards (HKICTA) 2021 is open for enrolment today (April 23). Entries of locally developed information and communications technology (ICT) products and solutions are invited to compete for the Grand Awards in the eight award categories, and the top accolade of the competition - the Award of the Year. The deadline for enrolment is July 16, 2021.


Steered by the Office of the Government Chief Information Officer (OGCIO), the HKICTA 2021 is organised by eight local industry associations and professional bodies. The award categories and respective Leading Organisers are listed below:


Award Categories

Leading Organisers

Digital Entertainment Award

Hong Kong Digital Entertainment Association

FinTech Award

The Hong Kong Institute of Bankers

ICT Startup Award

Hong Kong Wireless Technology Industry Association

Smart Business Award

Hong Kong Computer Society

Smart Living Award

Hong Kong Information Technology Federation

Smart Mobility Award

GS1 Hong Kong

Smart People Award

The Hong Kong Council of Social Service

Student Innovation Award

Hong Kong New Emerging Technology Education Association


A Grand Award will be granted in each category. A Grand Judging Panel, to be led this year by the President of the Hong Kong University of Science and Technology, Professor Wei Shyy, will select the Award of the Year from the eight Grand Awardees.


Since its debut in 2006, the HKICTA has endeavoured to recognise and promote outstanding ICT inventions and applications, thereby encouraging the pursuit of innovation and excellence among Hong Kong's ICT professionals and enterprises to meet business and social needs, bring benefits to the community through adoption of innovation and technology, and foster Hong Kong's smart city development together.


Details of the HKICTA are available on the thematic website (www.hkictawards.hk). Enquiries can be made to the OGCIO at 2582 4318 or by emailing [email protected]


Africa’s Real Estate Highlights in 2019…and what to expect in 2020. - Brand Spur
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