Africa's real estate booming: Africa's real estate sector is booming and the continent's construction industry is thriving. Reflecting the continent's greater economic activity, demand for housing and industrial property has never been higher - and Africa's financial institutions are busy underwriting a massive increase in investments. Neil Ford has the details.

African BusinessNbr. 2010, January 2010

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Africa's real estate booming: Africa's real estate sector is booming and the continent's construction industry is thriving. Reflecting the continent's greater economic activity, demand for housing and industrial property has never been higher - and Africa's financial institutions are busy underwriting a massive increase in investments. Neil Ford has the details.

After many years of slow growth, the African real estate sector is finally beginning to take off. Local and foreign investors are developing residential and commercial property schemes, while the continent's banks are finally waking up to the benefits of joining the mortgage market. Most Africans continue to build their own homes and then pass them on to their children, but the number of property transactions appears to be increasing and governments are encouraging the emergence ...

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