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2024 Ghana Property Awards To Support Growth Through the Capital Market
The Milton Redefines Luxury Living in Accra’s Airport Residential Area
Dubai’s oceanfront real estate market highly attractive due to it’s strategic global location
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The 2024 Ghana Property Awards, themed “Nurturing the Capital Market for Ghana’s Property Market Growth,” will highlight the vital role of the capital market in advancing the property sector.
The awards aim to address financing challenges and attract investments, facilitating large-scale property development and meeting the growing demand for housing and commercial spaces.
By bringing together industry stakeholders, the event will foster dialogue on the capital market’s role in property development, promote investment, enhance transparency, and celebrate industry excellence.
Ultimately, the awards seek to catalyze growth in the property market, contributing to Ghana’s broader economic development.
Away from that
The Okyenhene, Osagyefuo Amoatia Ofori Panin, has urged the government to provide affordable housing in rural communities, where 80% of the population struggles to afford decent homes due to poverty.
He made this appeal during the Minister of Works and Housing, Kojo Oppong Nkrumah’s, visit to his palace.
The Okyenhene emphasized the need for decent housing to attract professionals like health workers and teachers to rural areas and called on the ministry to expedite this initiative.
In other news
The Milton, developed by Libi Homes, is transforming expectations in Accra’s prestigious Airport Residential Area.
Emphasizing cost-effectiveness, The Milton combines luxurious living with affordability.
Anthony Okyere, Development Director for Libi Homes, highlighted the project’s value, noting its competitive price per square meter.
The development features amenities akin to a 5-star hotel, including a rooftop restaurant, concierge, pool, fitness center, spa, and pharmacy.
With 50% of units sold and a projected annual rental yield of 12-15%, The Milton presents a prime investment opportunity.
Construction is ongoing, with completion expected by late 2025.
Libi Homes, also known for the LibiPrime and The Buckhead projects, continues to set new standards in Ghanaian residential living.
On the International Front
Dubai’s oceanfront real estate market is highly attractive due to its strong economy, strategic global location, robust legal framework, and supportive government policies.
The booming tourism sector, driven by cultural diversity and sustainability trends, offers significant opportunities for businesses in the hospitality and retail industries.
Additionally, Dubai’s legal environment ensures a secure investment climate with tax benefits and streamlined corporate formation, appealing to both local and international investors.
Source : Joycelyn Marigold & Eric Ashie -Property Express Magazine