Which African country will provide the best opportunity for investors in 2015, and why?
Kenya – A stable economy which is not dependent on natural resources and has strengthening capital markets and a robust banking system.
Which new or upcoming real estate project do you see as the most interesting in Sub-Saharan Africa?
Garden City, Nairobi – Is a true mixed use environment with retail, residential and offices all together set around a parkland environment. This raises the bar for African development.
Which sub-sector[s] are you most bullish about in 2015, and why?
Local retail centres in suburbs and provincial cities – due to expansion of middle income spenders out of the capital cities.
Interview by: Global Real Estate Institute (GRI) – February 2015
GRI is a global club of leading investors, developers and lenders active in Real Estate. For the last 17 years, they have been bringing together the world’s CEOs, Heads of Real Estate & Chairmen, head to head in informal discussions where they engage and brainstorm about the latest trends of the market, leaving each event with confirmed purpose and new partners.
The 3rd annual Africa GRI conference will be taking place in Johannesburg on 21st – 22nd April 2015.