Headlines for PE News
Cantonments set to welcome a new addition to its residential skyline with the upcoming launch of ARLO Cantonments
TDC Ghana Ltd Launches 24-Hour Call Centre and Premium Services
Spain’s Sánchez Seeks Support from Regions to Triple Housing Budget
Cantonments is set to welcome a new addition to its residential skyline with the upcoming launch of ARLO Cantonments, a contemporary development tailored for modern city living. The project is the latest from Ghana’s foremost luxury real estate developer, Devtraco Plus.
Renowned for its portfolio of high-end, high-yielding real estate investments, Devtraco Plus has set a launch date of June 12, 2025, for ARLO—a development primarily composed of studio and one-bedroom apartments. These units are thoughtfully designed to balance luxury with functionality, targeting both seasoned and aspirational investors.
ARLO will also include a limited selection of two-bedroom apartments and a penthouse, providing larger options for residents who desire more space without compromising the brand’s sleek design philosophy. Strategically located in Cantonments, ARLO places residents within close reach of Kotoka International Airport, key business districts, and a variety of Accra’s finest cultural, culinary, and recreational destinations. Its proximity to the city’s renowned beaches further enhances its appeal to both short- and long-term residents.
Devtraco Plus has long been at the forefront of Ghana’s real estate transformation, introducing world-class residential, commercial, mixed-use, and hotel developments. Landmark projects like The Address, The Pelican Hotel Apartments, The Edge, and Nova have established the brand’s dominance in prime areas such as Cantonments, Airport Residential Area, Labone, and Roman Ridge.
Beyond its architectural achievements, Devtraco Plus has played a significant role in reshaping Accra’s skyline, boosting employment, attracting investor capital, enhancing Ghana’s tourism appeal, and contributing to national economic growth.
The arrival of ARLO reinforces Devtraco Plus’ dedication to Ghana’s real estate market and its bright prospects.
On June 5, 2025, the Minister of Works, Housing and Water Resources, Kenneth Gilbert Adjei, urged TDC Ghana Ltd to leverage its leadership in housing delivery to support the government’s affordable housing agenda. He made the call during the launch of TDC’s 24-hour call centre and Prestige and Premium services initiative, aimed at improving customer support and service delivery.
Mr. Adjei praised TDC’s consistent performance in housing delivery and expressed confidence that the new services would enhance collaboration among stakeholders, boost operational efficiency, create jobs, and increase investor confidence. He noted that the initiative aligns with the government’s “resetting agenda” for a modern, responsive public service.
TDC’s Acting Managing Director, Courage Nunekpeku, described the initiative as a move beyond traditional working hours to drive economic activity and ensure services and opportunities are accessible 24/7.
Spain is taking significant steps to address its housing shortage. Prime Minister Pedro Sánchez has proposed tripling the country’s social housing budget to €7 billion over the next four years. This plan includes €4 billion in national funding and seeks €2.7 billion from regional governments, many led by the opposition People’s Party.
The initiative aims to increase Spain’s social housing stock from 3% to closer to the European average of 8%.Additionally, the government is considering new taxes to discourage tourist rentals and foreign property purchases, alongside creating a national database to monitor housing metrics and land availability.
Source : Property Express News -Joycelyn Marigold
