The recent acquisition of One Airport Square (OAS) by The Sentinel Commercial Real Estate Investment Trust (REIT) is set to be a major catalyst for the growth of Ghana's REIT market, according to industry experts. REITs pool investor capital to buy income-producing properties like apartments, offices or warehouses. This allows...
IFC has partnered with Pan-African finance organization, Letshego, to increase access to affordable housing finance for thousands of individuals in Namibia with the potential to expand its partnership to other countries. IFC’s US$50 million financing facility to Letshego’s subsidiary in Namibia will extend access to affordable housing finance for over...
The Ghana Institution of Engineering (GhIE) on Friday launched the 2022/23 Ghana Infrastructure Report Score in Accra. In his welcome address, Executive Director of GhIE Ing. David Nyante expressed the institution’s delight to launch the 2022/23 Ghana Infrastructure Report Score Card, saying a country that does not take inventory of...
Regimanuel Gray’s 1,200-acre Development near East Legon Hills has got a major boost as a 12km dual carriageway, spanning through the development, nears its completion stage The 12km Road Project which connects the Adenta-Dodowa Highway, through Amanfrom Junction, to East Legon Hills, Nanakrom and Zeenu, is turning a sharp focus...
 Hilton Accra Cantonments expected to start welcoming guests in Dec Hilton has signed a management agreement with High Street Development Company Limited to open Hilton Accra Cantonments, a new build hotel that will mark Hilton’s debut in Ghana. The announcement was made ahead of the Africa Hotel Investment Forum...
Gateway Real Estate Africa (GREA), a private real estate development company specialising in turnkey construction in Africa, announced that it will build its first commercial office building in Ghana at Appolonia City - Greater Accra’s inclusive mixed-use new city 20 km from the centre of the capital. The Grade A commercial...
Time flies indeed, feels like only yesterday when we were putting the trees up and just like that we are in February. Well, this being our first piece for the year, it is definitely not too late to say a happy new year to you and hopefully you will...
Have you visited Ghanaian real estate classifieds websites Meqasa or JiJi and wondered who exactly buys those houses? You’re not alone. Many listed prices are prohibitive. Even an apartment listed at 50,000 USD is equivalent to over 376,000 Ghana Cedis. Many houses are priced over 500,000 USD which is...
Last weekend, we grudgingly received an unwanted guest. This guest brought a lot of dust. The atmosphere was laden with something that looked like harmattan but not quite. Well, we have been debriefed now that we were hit by a sandstorm. As unfortunate as this was, it was another...
The Ghana Real Estate Developers Association (GREDA) has announced plans to raise shares among its members. GREDA is marking its 35th anniversary WHILE looking into the future -seeking to own a Real Estate Investment Trust and raise money internally, Patrick Ebo Bonful, president of the group, has stated. According to...