Africa Report 2013: Where Next for Property Markets?





By: nkunim | Date: November 25, 2018 2:38 pm | Category: Uncategorized |

Demand for high quality commercial and residential property continues to grow across Africa on the back of the continent’s sustained strong economic growth and rising wealth.

Africa is in the midst of a period of dynamic economic expansion, having averaged GDP growth of more than 5% per annum over the last decade. This strong growth is expected to continue and is creating wealthier populations, particularly in the largest and most rapidly growing urban centers, Knight Frank’s newly-released Africa Report 2013 has shown.

Africa’s “mega-cities” such as Lagos, Nairobi, Accra, Lusaka and Dar es Salaam are increasingly becoming the drivers of its economic growth and, as a result, are attracting growing interest from occupiers, developers and investors.



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