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A report by Greens Ghana predicts that this year will see a rise in the use of technology in Ghana’s residential real estate market.
Firm Unveils Portal to Aggregate Property Prices in Africa
In International News
Vietnam’s real estate industry is struggling, with sales declining.
Use of technology in Ghana’s residential property market is expected to increase this year
Greens Ghana’s real estate forecast shows that population growth and urbanization are expected to boost demand for residential property in Ghana’s major cities.
The trend is expected to continue, with demand for apartments for sale in Accra and homes for sale in Accra increasing, according to the report.
The limited supply of available properties, combined with the high demand for housing in Ghana, is likely to keep prices in the residential property market rising throughout the year.
Additionally, the use of technology in the Ghanaian residential real estate market is expected to increase this year, leading to the use of online platforms and digital tools to facilitate connections and transactions between buyers and sellers, making the process more efficient and convenient.
Firm Unveils Portal to Aggregate Property Prices in Africa
Baron and Cabot, a UK-based international real estate firm, has launched a portal to aggregate property prices in Africa.
The portal that allows realtors to sell properties and earn income. It also offers unprecedented opportunities for growth and financial success. This novel approach allows real estate companies to de-risk their investments in international markets and gain access to a wide range of fully compliant properties
Baron & Cabot is particularly successful in Africa. It is one of the fastest growing real estate companies in the world, transacting around £100 million (US$120 million) a year in UK property, with access to some of the best property developments in the UK.
Baron & Cabot Managing Director Mark Pearson said the move would
promote economic growth.
Partnerships needed to boost real estate — Industry player
A real estate consulting firm Elrano Projects and Consult Limited has emphasized the need for collaboration between companies in the real estate value chain.
This he contends would help create more demand for real estate,result in more new entrants in the real estate sector, higher quality construction and shorter sales conversion time.
The Managing Director of Elrano Projects and Consult, Reverend Elvin Larkai said this at the launch of the company’s latest development in Accra.
He explained Ghana’s real estate industry has huge potential to grow further and can easily become a real estate asset for the West African region as players foster mutually beneficial business-to-business relationships.
Reverend Larkai said his outfit sought to develop more partnerships in the real estate sector in Ghana.
In International News
Vietnam’s real estate market has fallen on hard times with sales down, capital scarce, and many projects slowing to a halt.
But it’s not all doom and gloom with foreign investors well poised to benefit from the current downturn. In this article, we will explore what led to these challenges, how they came about, and where foreign firms can find opportunities in the market.
In the decade or so to 2019, Vietnam’s real estate market experienced rapid growth. Buildings could not go up fast enough as the middle class rode a wave of economic development out of the countryside and into apartments in the cities.
Accommodating all these new home buyers, however, took vast sums of capital. Real estate firms were borrowing from banks hand over fist and issuing hundreds of thousands of millions of dollars’ worth of bonds to satisfy the surging demand.
