Deloitte On Africa – African Construction Trends Report 2013. Source:icafrica Source

Deloitte On Africa – African Construction Trends Report 2013. Source:icafrica Source

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Summary

The past two years have seen a sharp rise in interest in commercial real estate opportunities in African cities. As home to some of the world’s fastest growing city economies, with rapid rates of urbanisation and burgeoning middle classes, it is of little surprise that Africa is appearing on the radar of an increasing number of major corporations. International capital is beginning to focus on Africa’s real estate potential, and developers are now responding to the strong demand for modern shopping malls, offices and hotels.Twelve Pillars of Africa’s Future Success are; Sustained Economic Growth, Favourable Demographics,Rapid Urbanisation Expanding Middle Classes, Commodities and Energy Resources, Innovation and Technology, Increasing Foreign Direct Investment (FDI), Service Sector Growth , Offshoring Activities,, Improving Governance, Economic Management and Transparency, Infrastructure Development and a Rapidly Evolving Commercial Real Estate Market

Source: Deloitte Nigeria

Published: 2013

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