Advice and Opinion Interview

Interview with Kevin Teeroovengadum, CEO, AttAfrica, South Africa

Which African country will provide the best opportunity for investors in 2015, and why?

Mozambique. Post elections of this year, the country is set on a path of renewed political stability and investments in real estate will flow for developments of retail and commercial assets on the back of gas/coal explorations. We are seeing major investments in Real Estate in Maputo, Pemba, Beira.

Which new or upcoming real estate project do you see as the most interesting in Sub-Saharan Africa?

Once more the Waterfalls development in Johannesburg in South Africa

Which sub-sector[s] are you most bullish about in 2015, and why?

Retail given the fact that retailers are expanding and looking for space from developers

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.

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