Headlines for PE News
Organisers of Ghana Property Awards Introduce ‘Best District Council 2025 – Ghana’ Category to Inspire Local Governance Excellence
Devtraco Plus Introduces Smarter, Flexible Real Estate Investment in Accra with ARLO
Sydney Tops Global Affordability Crisis
Organisers of the Ghana Property Awards have announced a transformative addition to its 17th edition: the ‘Best District Council 2025 – Ghana’ category.
This newly introduced honour is designed to promote progressive leadership and foster competition among district councils across the country, with a vision to enhance local development, attract investment, and create sustainable communities.
The organisers say the objective behind this category is to reward district assemblies that are excelling in five critical areas: revenue mobilization, investment attraction, job creation, agribusiness innovation, and green space development. The award will serve as a national benchmark for local governance excellence, showcasing districts that are proactive, innovative, and committed to community transformation.
One of the central pillars of the evaluation will be revenue mobilization. Districts that demonstrate creative strategies in generating and managing their internally generated funds (IGFs) to support infrastructure, social amenities, and local economic activities will be considered frontrunners.
The category will also recognize districts that have successfully attracted investment—both local and foreign—into real estate, agriculture, manufacturing, and tourism sectors. The aim is to showcase councils that position themselves as growth-friendly destinations by removing bureaucratic bottlenecks and providing investor support services.
Job creation, especially programs targeted at empowering the youth, will be another major criterion. The award committee will assess how councils are working to retain young people through local employment opportunities, entrepreneurship hubs, skills training centres, and partnerships with private sector entities.
Another focus is on agribusiness innovation. Districts embracing modern, scalable agricultural practices and agro-processing ventures that empower farmers, increase productivity, and promote food security will stand out. Initiatives that integrate youth into agriculture through technology or training will receive special commendation.
Lastly, the award seeks to shine a spotlight on districts that prioritize the development of green spaces and parks—a critical component of urban planning and public health. Districts that have invested in landscaped parks, recreation centres, botanical gardens, or community green belts will earn high scores in this area.
The Ghana Property Awards team believes this category will elevate the role of local governments in Ghana’s development agenda by encouraging strategic thinking, environmental consciousness, and inclusive growth. Organisers have hinted that the evaluation process will involve collaboration with key stakeholders, including the Ministry of Local Government, the Ghana Statistical Service, and selected civil society organisations, to ensure transparency and impact.
As the spotlight broadens from individual real estate developers to the institutions that support thriving communities, the Best District Council 2025 – Ghana award promises to become one of the most anticipated and competitive highlights of the Ghana Property Awards calendar.
Sydney has just been named the least affordable housing market in the world, surpassing even Hong Kong. As of May 2025, the median dwelling price in Sydney is around A$1.2 million, or 14.7 times the typical New South Wales annual wage of A$81,000—up from a median multiple of 13.8 just a month earlier. By contrast, Hong Kong has eased slightly, with a current ratio of 14.4. According to Chapman University’s Demographia International Housing Affordability study, any ratio above 9 is deemed “impossibly unaffordable”—making Sydney’s situation a genuine emergency, as noted by analysts.
Worse still, other Australian cities like Melbourne, Adelaide, Brisbane, and Perth also rank among the world’s most unaffordable—often ranking worse than cities like New York and London. Historically, Australia’s housing was much more accessible; in the early 1990s, the price-to-income multiple was below 3.0. Today, only Melbourne and Darwin have seen relative improvements, while Adelaide now suffers from a ratio of 10.9—worse than 90 of 95 global markets listed.
Sydney’s ranking as the least affordable housing market globally signals serious structural issues for buyers and renters in Australia. The situation spans across multiple cities, not just Sydney, indicating systemic affordability problems. If housing is on your radar—whether as an investor, potential buyer, or policy analyst—Australia’s housing crisis now leads global comparisons.
As Accra’s real estate market continues to evolve, Devtraco Plus is once again leading the charge with ARLO—a premium development located in the prestigious Cantonments area. Designed for today’s discerning investor and lifestyle-driven resident, ARLO redefines flexibility, passive income potential, and modern urban living.
ARLO features fully serviced apartments tailored for short- and mid-term rentals, professionally managed to ease the burden of property upkeep. With smart keycard access, app-based rental and performance tracking, optional furnishing packages, and on-demand support, ARLO offers a seamless blend of technology, convenience, and income generation.
More than just a property, ARLO represents a future-ready investment model where residents and investors alike enjoy the benefits of control, comfort, and premium living in one of Accra’s most sought-after neighbourhoods.
Source : Property Express News -Joycelyn Marigold
