Chinwe Ajene-Sagna

As the 2024 presidential elections looms on the horizon, investors and potential investors in the Ghanaian real estate market are uncertain about the implications of the elections on the dynamics of the real estate market. This has yielded mixed reactions for the Ghanaian economy, investment market and the various sub-sectors of Ghana’s real estate market. IMEK Africa's 2024 Ghana Real Estate Market Report provides an in-depth analysis of Ghana's real estate market, focusing on five key sub-sectors, the land sector, and infrastructural developments. To download the report, tap on the link below 👇 : https://lnkd.in/dvKmRjBe

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A Thriving Real Estate Landscape Unfolds in Tema, Ghana Tema, a prominent industrial and bustling #port city in Ghana, has blossomed into a flourishing #realestate market in recent times. With its advantageous coastal setting, robust #economy, and continuous infrastructural enhancements, Tema presents compelling prospects for real estate enthusiasts. Why Choose Tema's Real Estate Scene for Investment? Strategic Location: Tema enjoys an enviable position along the Gulf of Guinea, serving as Ghana's primary #seaport. Its proximity to the capital city, Accra, makes it exceptionally accessible. This strategic location magnetizes businesses and residents alike. Thriving Economy: As an industrial, #manufacturing, and #transportation nucleus, Tema boasts a diverse economic foundation. Major corporations establish their presence here to leverage the port facilities and favorable business conditions. A burgeoning middle-class populace propels demand for #housing and services. Infrastructure Advancements: The Ghanaian government has poured substantial #investments into road networks, power supply, water resources, and digital infrastructure. Recent initiatives encompass the expansion of the Tema Port, the creation of new highways, and utilities fortifying #business districts. These developments enhance the city's livability and attractiveness for investment. Lucrative Rental Yields: The influx of workers into Tema has propelled the #demand for residential rentals. The limited housing inventory, coupled with robust demand, provides investors with alluring rental yields. Diverse Real Estate Investment Prospects in Tema Residential: Tema grapples with a substantial housing deficit, particularly for affordable units catering to middle and lower-income brackets. Ventures in #affordablehousing projects can secure consistent rental income streams. Commercial: The demand for contemporary office spaces and retail centers is surging, driven by corporate expansions. Investors can explore #mixeduse projects to meet these needs. Industrial: Tema houses manufacturing, oil and gas, and processing firms in need of industrial facilities like warehouses, factories, and logistics centers.

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"Investing in construction and real estate is essential for Africa’s economic growth and addressing the housing shortage: While Africa’s real estate and construction sectors slowed during the COVID-19 pandemic, the time has come for investment in both to ramp back up. Doing so will increase employment, improve infrastructure, raise living standards, and attract foreign investment – all of which will boost overall economic growth throughout the continent. Furthermore, migration from rural to urban areas, mostly by young people in search of economic opportunities–is likely to continue at a rapid rate. The African Development Bank anticipates that the populations of the continent’s cities will triple to roughly 1.5 billion by the middle of this century. It is therefore imperative that Africa’s expanding cities have adequate infrastructure, housing, and job opportunities to accommodate this growth."... Read more

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The Diary of Laolu: An International Real Estate Consultant and Strategist Volume 1: Unveiling Global Real Estate Trends and Emerging Markets As an International Real Estate Consultant and Strategist, I'm excited to share my insights and expertise with you. Reflections from the Field: Recent projects in Africa, particularly Nigeria, have broadened my perspective. Despite economic uncertainty, I've witnessed: - A growing middle-class consumer base - Rapid urbanization - Strategic infrastructure development Presenting compelling opportunities for astute investors. Key Takeaways: 1. Africa's Rising Middle Class: Growing consumer market driving demand for quality real estate. 2. Urbanization: Cities are growth engines, with increasing demand for housing, commercial spaces, and infrastructure. 3. Infrastructure Development: Governments and private sectors investing heavily. 4. Economic Resilience: Emerging markets offer attractive returns. What to Expect: 1. Global real estate trends shaping the industry 2. In-depth analysis of emerging markets in Africa and Nigeria 3. Insights from successful projects and case studies 4. Expert advice for investors, developers, and stakeholders Stay Tuned: Join me on this enlightening journey! - Regular updates on emerging markets and trends - Expert analysis and insights - Practical advice Connect with Me: Laolu Oluwarinde International Real Estate Consultant and Strategist Let's embark on this informative journey together!

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Ready to connect, innovate, and grow? Join us at GBA 2024, where the world’s top industry leaders, visionaries, and investors gather to shape Africa’s business landscape. 🌟 Discover breakthrough technologies, forge powerful partnerships, and tap into new markets-all in one transformative event. From unlocking new investment avenues to expanding your business footprint, GBA 2024 is where opportunities come to life. ✨ Registration is opening soon! Keep an eye on our website for all the details. Stay tuned—your journey to the future starts soon! 🚀 #gbaafrica #GBA2024 #GlobalBusinessAfrica #ThinkGlobal #InvestInAfrica #EmpowerYourFuture #BusinessGrowth #GlobalLeaders #AngolaEconomy #angola #africa #investment #business #AfricaInvestment #GlobalBusiness #FutureOfAfrica #Networking #InvestmentOpportunities #BusinessExpo #SustainableGrowth #Visionaries #MarketExpansion #ExploreNetworkInvest #Innovation #BusinessTransformation #GlobalConnections #InvestInAfrica

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Still in the conversation on climate change in Africa, I was honored to be invited by the National Council on Climate Change (NDC) to join an intimate meeting with stakeholders from various industries to discuss pathways forward. As an advocate for sustainable cities, I recognize the urgency of implementing resilient, environmentally responsible infrastructure that can support growing urban populations, especially here in Nigeria. Nigeria, like many African nations, faces a unique set of challenges from climate change, including more extreme weather patterns, increased flooding, and intensified heat, which impact our agriculture, economy, and the health of our people. At this meeting, we discussed not only the need for policy reform but also how to drive grassroots action that aligns with our climate goals under the Paris Agreement. The focus on creating sustainable urban areas that integrate renewable energy, reduce waste, and prioritize green spaces can help Nigeria transition toward a low-carbon future and build resilience for future generations. This gathering of minds emphasized a collaborative approach that brings together expertise from energy, infrastructure, finance, and technology sectors, allowing us to develop solutions that address the environmental and economic realities unique to Nigeria. I look forward to continuing this critical work alongside others dedicated to a sustainable and climate-resilient Africa. #cop29 #climatechange #unitednation #sustainablerealestate #nigeriansindiaposra

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It’s almost a cliché now to say that real estate in Nigeria does have the potential for capital appreciation, especially in key urban areas and regions with strong infrastructure development. The fact that over the past few months alone, the prices of most residential and commercial properties have experienced a 25 – 40% mark up is testament to that fact. However, investors must consider the various risks, including economic volatility, government regulations, security issues, and regional disparities. Due diligence, understanding market trends, and having a long-term investment perspective are crucial for success in this market. Even if it has historically been an attractive prospect in Nigeria, it is important that you approach it with a nuanced understanding of the market's dynamics. For Example: 1. Regional Disparities - Lagos, Abuja, and Port Harcourt: These cities have seen the most significant capital appreciation due to their status as commercial and political hubs. Demand for residential, commercial, and industrial properties in these areas tends to drive up property values. Other Regions: In other parts of Nigeria, real estate appreciation can be slower, and in some cases, properties may even lose value due to factors like economic downturns, insecurity, or lack of infrastructure. 2. Economic Factors - Inflation: Nigeria has experienced high inflation rates, which can erode the real value of capital appreciation. While property values may increase nominally, the real value (adjusted for inflation) might not grow as significantly. Currency Depreciation: The depreciation of the Nigerian Naira against major currencies can also affect real estate investment returns, particularly for foreign investors. 3. Government Policies - Land Use Act: The Land Use Act of 1978 centralizes land ownership under the government, which can complicate property transactions and limit capital appreciation in some cases. Regulatory Environment: Government policies, such as changes in property taxes, zoning laws, and urban planning regulations, can significantly impact property values. and the list goes on………….. We guide you through taking the right decisions when undertaking real estate capital investments to ensure that your returns do match your calculated expectations for the long and short term. www.prodigiafrica.co 0802 533 6699 [email protected] #realestateinvestment #realestatedevelopmentinlagos #realestatefordiaspora #realestateconsultingfirms #realestateinlagos #realestateprofessionalsinlagos #realestateprofessionalsinafrica #realestateexperts #realestateadvisory #realestateinnigeria #propertyexperts #propertiesinlagos #propertiesinnigeria #propertymarketinlagos #propertymarketinnigeria #propertymarketinafrica

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Edging Forward 🌍 As Africa's commercial real estate market evolves, understanding key trends and opportunities is more critical than ever. At Lango Real Estate, we’re witnessing a shift towards sustainable development, with investors increasingly prioritising ESG compliance and energy efficiency in property portfolios. We believe in integrating green building technologies, offering tenants not just a space to work but a forward-thinking environment that enhances productivity while reducing environmental impact. #RealEstateAfrica #Sustainability #ESG #CommercialProperty #LangoRealEstate #MarketInsights

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As I went through the 2023 NSIA: Nigeria Sovereign Investment Authority Sustainability Report, I felt a mix of inspiration and cautious optimism. This report, NSIA’s first, makes it clear: responsible investment isn’t just a checkbox; it’s a commitment to Nigeria’s future. The numbers are striking. Despite a tough economic year, NSIA managed to grow its total assets by 119% from 2022. That's impressive! Also, it’s a reminder that sustainability and profitability aren’t opposites; they’re increasingly linked. As more of our institutions in Nigeria embrace ESG principles, the message is clear; sustainability is an advantage, not a compromise. Take the 10MW solar plant in Kano, for instance. It’s not just a green initiative; it’s a lifeline, reducing carbon emissions and improving energy access for communities. Projects like these aren’t just about meeting environmental goals; they’re about making lives better. And with the Renewable Investment Platform for Limitless Energy (RIPLE) already pulling in over $80 million in investments. Nigeria’s renewable energy sector is on the verge of becoming a key pillar of our economy. And I am happy to see the growth so far! I am also happy the report makes it obvious that sustainability isn't just about infrastructure, it it’s about people. The NSIA Young Leaders Program (NYLP) has trained over 68 graduates since it started, which is significant in a country where youth unemployment hit 42.5% in 2023. Programs like this are crucial. They don’t just prepare young Nigerians for jobs; they prepare them for leadership roles in a world where economic success will increasingly depend on sustainable practices. Of course, there are challenges. And the report doesn’t sugarcoat them. Data collection is still a hurdle, and Nigeria’s regulatory framework is playing catch-up with ESG realities. But challenges are also opportunities in disguise. By sticking to global standards like the Global Reporting Initiative (GRI) and engaging with international partners, NSIA is positioning itself not just as a participant, but as a leader in sustainable finance. Looking forward, it’s clear that Nigeria’s economic resilience will be shaped at the intersection of sustainability and investment. The issues we face, whether it’s climate change or social inequality, demand that we rethink how we define success. Investing in renewable energy, healthcare, infrastructure, and human capital isn’t just the right thing to do, it’s the smart thing to do for a stable and prosperous future. As someone who’s deeply interested in sustainable real estate, urban development and PropTech, I see enormous potential in applying these insights to drive meaningful change. Aligning our investment decisions with sustainable practices isn’t just about protecting resources, it’s about shaping a future where growth and responsibility are inseparable. #InvestingForTomorrow #Sustainability #Investment

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#OUTNOW: The Africa Report 2024/25 Knight Frank presents its biennial Africa Report, highlighting trends, rental performance, and yields across Office, Residential, Retail, and Industrial sectors. Key Takeaways - Office Market: - Africa’s office occupancy rose from 60% in 2022 to 75% in 2024. - Kenya's office occupancy is 77% with limited prime office supply. - Demand for ESG-compliant offices drives refurbishments. - Co-working spaces are popular in Kenya, South Africa, and Nigeria. - Zimbabwe shifts from CBD to suburban offices. Residential Sector: - Rise in mixed-use schemes due to the 'live-work-play' model. - Affordability concerns prompt innovative financing. - Increased expat demand in Nigeria and Angola’s oil and gas sector. - Luxury markets see rising construction costs and dollar-denominated rents. Retail Market: - Urbanization and a growing middle class drive retail growth. - Douala Grand Mall exemplifies retail expansion in Cameroon. - Abidjan's retail market is highly developed with competitive pricing. - Informal retail dominates in Tanzania, especially in food and beverage sales. Industrial Sector: - E-commerce and government initiatives bolster industrial markets. - Modern industrial zones and investor interest in key sectors. - Infrastructure projects like Kribi deep water port and Bagamoyo Port I are crucial. Download the report at: https://lnkd.in/d7VxAWiD #YourPartnersInProperty #TheAfricaReport #KnightFrankAfrica #KnightFrankZimbabwe

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Tackling Building Collapse in Nigeria: Key Insights from the NBCC Event Building collapse is a critical issue in Nigeria’s construction sector. Pigging back off my participation in the event last week some Insights from the recent Nigeria-British Chamber of Commerce (NBCC) event shed light on potential solutions. Here are five key takeaways: 1. Understanding Collapse Phases Building collapses typically occur either during construction or in existing structures. Identifying these phases allows stakeholders to implement targeted interventions. 2. Accountability Issues Responsibility for building integrity is often diffused across various parties, leading to negligence in quality control and the use of substandard materials. A collective commitment to quality standards is essential. 3. Continuous Learning The industry's resistance to adopting new methods hinders progress. Embracing continuous learning and innovation is crucial for improving construction practices. 4. Regulatory Challenges Regulators are often overwhelmed by the number of projects to oversee. A dynamic and proactive regulatory framework is needed to ensure compliance and enhance safety. 5. Adopting Global Best Practices Learning from successful systems in other countries can help improve local practices. Tailoring effective processes to fit the Nigerian context can lead to significant advancements. Conclusion By addressing these challenges through accountability, innovation, enhanced regulation, and learning from global examples, Nigeria can create a safer construction environment and reduce the risk of building collapses. #GaramondPIL #Construction #BuildingSafety #Sustainable #leadership #IndustryInnovation #RealEstate #NBCC #Entreprenuership #williamandpartners #williamandco

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The Impact of Nairobi’s Infrastructure Boom on Real Estate Nairobi is undergoing an infrastructure renaissance, with major projects like the Nairobi Expressway, the Nairobi Railway City, and the Greater Eastern Bypass transforming how people navigate the city. These infrastructure projects have not only reduced commute times but are also influencing property values. For instance, areas like Syokimau, Mlolongo, and Ngong Road are seeing rising demand for both residential and commercial properties due to their proximity to these new transport corridors. As Nairobi's connectivity improves, the value of properties in once-neglected areas is expected to appreciate significantly. Developers are seizing this opportunity to create mixed-use developments along these new routes, offering both convenience and accessibility for businesses and residents alike

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🏢 Real Estate in Nigeria: A Comprehensive Overview of Its History, Current Boom, and Future Projections 🏢 Nigeria's real estate sector has seen extraordinary growth over the years, transitioning from traditional land ownership practices to a booming modern-day investment hotspot. In our latest article, we explore: The history of real estate in Nigeria The factors driving the current property boom Projected future trends and investment opportunities With returns from real estate consistently outperforming many other investments, the market is set for even greater heights in the coming years. Whether you're looking to buy, sell, or invest, this article offers valuable insights into Nigeria's evolving real estate landscape. Click the link to read the full article and stay informed! 📊 https://lnkd.in/dSWGVTMp #RealEstateNigeria #InvestmentOpportunities #WealthCreation #PropertyBoom #FutureTrends #GtextHoldings #RealEstateInvestment #NigeriaEconomy #PropertyMarketInsights

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