Top of the day to you folks, I trust you are keeping well. Today we conclude the discussion we started last week on how Proptech can support housing delivery in Ghana. By way of a quick refresh, we mentioned that Proptech is an acronym used to describe any technology...
Nairobi-based pan-African housing development financier, Shelter Afrique, has appointed Thierno-Habib Hann as the new Chief Executive Officer to succeed Mr. Andrew Chimphondah, who left the company early this year. Mr. Hann currently serves as the Asia/Pacific Lead for housing finance at the International Finance Corporation (IFC) based in Bangkok, where he...
In the words of Joseph Seth Aidoo Jnr, the Executive Director of one of Ghana’s largest real estate firms, Devtraco Group… “Ghana’s investment terrain, particularly its real estate market, provides financial security for potential business owners, as well as a landscape that offers comfortability for Diasporas.” This statement is testament...
Appolonia City has opened its first office commercial building named Adumuah Place, located off the Adenta-Dodowa road. Adumuah Place is a mixed-use office building with retail and services spaces designed to meet the needs of the Ghanaian and international businesses. “Positioned at the entrance to Appolonia City, it is with offices...
as it pushes for reforms and Ghana Housing Authority Government is set to address issues of market imbalances, affordability, and accessibility that are associated with renting in the country, the Minister for Works and Housing, Francis Asenso-Boakye, has said. According to him, government will implement a National Rental Assistance...
Ghanaian Industrialist Mr. Daniel Akwetey Tetteh has called on traditional leaders to partner with real estate developers to help solve address the country’s current housing deficit. The Ghana Statistical Service data indicate that the country's housing deficit in the last 50-year period continually witnessed an upward trend from a figure...
We are all very familiar with the narrative, aren’t we? Finding decent, affordable residential accommodation, especially in the major urban centres in Ghana, is a huge challenge. As fundamental a need as housing is, we should ideally have in place some effective systems and structures to make access to...
President of the Ghana Association of Real Estate Brokers (GAREB), Jacob Ansong, has cautioned individuals to avoid dealing with unregistered brokers to avoid being defrauded. According to him, a lot of individuals present themselves as agents without having the requisite facilities and certificate to operate, yet, take money from persons...
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...
Investors in the real estate sector are shunning opportunities in the country due to issues relating to the land tenure system, high interest rates and access to funding and infrastructure, Executive Secretary of the Ghana Real Estate Developers Association (GREDA) Samuel Amegayibor has revealed. He described the country’s land tenure...