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

Must Read

Osun State – Broke and broken

Data from BudgIT has shown that for every ₦100 shared to the Osun State government as revenue allocation from...

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...
- Advertisement -

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.
- Advertisement -
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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

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

Latest News

Osun State – Broke and broken

Data from BudgIT has shown that for every ₦100 shared to the Osun State government as revenue allocation from...

Here is how to use Instagram Reels

It’s been about a week since you could have noticed a new feature on Instagram called Reels. Those short videos feature a little video...

How To Start A POS Machine Business In Nigeria

The whole world, including Nigeria, is trying to go cashless. As a result, POS machines are now appearing in every Nigerian area to make...

Gains in Industrial goods sector failed to sustain previous positive sentiment, as NSE-ASI shed 0.15%

The Nigerian equity market today (Friday) ended the trading week on a negative note, shedding 0.15% to reverse the previous day positive momentum. The...

BUA Foundation donates 100,000 Facemasks, 5 Ambulances to Akwa Ibom State (Photos)

Akwa Ibom State Governor Udom Emmanuel has restated his administration’s total commitment to decimating coronavirus in the State even as school resumes for exit...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -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