Understanding African Real Estate Markets
This book brings together a broad range of research that interrogates how real estate market analysis, finance, planning, and investment for residential and commercial developments across the African continent are undertaken. In the past two decades, African real estate markets have rapidly matured, creating the conditions for new investment opportunities which has increased the demand for a deeper understanding of the commercial and residential markets across the continent. The chapters consider issues that pertain to formal real estate markets and the critical relationship between formal and informal property markets on the continent.
With contributing authors from South Africa, Ghana, Nigeria, Uganda, Kenya, and Tanzania, the book considers the achievements of African real estate markets while also highlighting the complex central themes such as underdeveloped land tenure arrangements, the availability of finance in both the commercial and residential sectors, rapidly growing urban areas, and inadequate professional skills. This book is essential reading for students in real estate, land management, planning, finance, development, and economics programs who need to understand the nuances of markets in the African context. Investors and policy makers will learn a lot reading this book too.
uKESA contributors Mark Napier and Antony Cooper, together with co-authors Holloway, J., Thanjekwayo, L., Graham, N., and Le Roux, A, have written a chapter in this book entitled: A tale of two pathways: How the low-end Gauteng residential property market may be shaped either by state-driven supply or by a more enabled private sector (pp. 135-157).
Abstract based on source.