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Property Express Group Announces Nominees for the 2023 African Property Awards
Africans urged to unlock the potential of the real estate market globally.
In international news
Real Estate Market in China Facing Collapse
Property Express Group Announces Nominees for the 2023 African Property Awards
The Property Express Group has announced nominees for the 2023 African Property Awards and updated award categories for the upcoming event.
Scheduled for November 5, 2023, at the prestigious Drum, Brent Civic Centre, Wembley Stadium, Engineers Way, HA9 0LF, London, the event aims to celebrate and honor exceptional contributions and innovations in sustainable development across Africa.
The updated categories for the AFRICAN PROPERTY AWARDS 2023, focusing on promoting eco-friendly initiatives and sustainable growth.
The awards encompass diverse sectors and industries, championing a greener and more sustainable future for Africa.
Each category spotlights individuals, organizations, and projects driving environmentally-friendly practices and sustainable development across the continent .
Africa’s Infrastructure Key To Unlocking Real Estate Market – Manzungu
Sub-Saharan infrastructure development expert and director of the African Business Council, Dr. Tinashe Manzungu has urged African countries to invest in the continent’s infrastructure development to unlock the potential of the real estate market globally.
Speaking during a public annual lecture in London he highlighted Africa’s emergence as a potential hotspot for real estate investment due to its rapid urbanization.
He emphasized the need for the continent to escalate its efforts in establishing a robust global real estate market.
Statistics show promising opportunities and strategies that can accelerate Africa’s growth in the real estate sector.
He stressed that investing in infrastructure is crucial for unlocking the potential of Africa’s real estate market.
BUA Cement Plc Unveils Nigeria Promotion To Elevate Cement Sales
BUA Cement Plc took a significant stride by launching its ‘Bag of Cement Promo’ in Nigeria, a strategic move aimed at enhancing cement sales across the nation.The cement manufacturer introduced a scratch-and-win campaign, accompanying each cement bag with an opportunity to seize exciting prizes.
The initiative caters to both its customers and the company itself.
BUA’s chief financial officer, emphasized the importance of customer loyalty and the company’s future expansion.
Away from that
The Chinese real estate industry has plunged into a historic decline.
People are hesitant to buy new homes due to rising unemployment.
Country Garden, once the largest Chinese construction company, failed to pay interest on two US dollar-denominated bonds, as announced on Tuesday, which has raised concerns among investors. As a result, the construction giant’s stocks dropped by 16% on the Hong Kong stock exchange.
The once highly prosperous Chinese real estate industry accounted for as much as 30% of the country’s GDP.
Source : Joycelyn Marigold and Diana Okyerebea