Residential accounts for 79% of global real estate value. It is the asset class whose value has increased the most in 2020-2021. +8%, compared to +5% for all real estate sectors. The residential sector would have reached a global value of $326.5 trillion. A higher amount than all equity and debt markets combined… This is the largest stock of wealth globally. According to the latest Savills study, the global value of international real estate would have reached a record $326.5 trillion by 2020. This is more than the value of the equity ($109,200bn) and debt ($123,500bn) markets combined… The value of global real estate, despite the health crisis, has grown over the last year. Savills estimates its growth at +5%. However, this global trend masks significant sectoral and geographical disparities.
Real estate in Africa
Exceptional demographic growth, an emerging middle class, a large need for infrastructure. Could Africa be a promising market for real estate investment?
L’immobilier en Afrique : quels enjeux ?
After a sharp recession caused by the health crisis, economic growth in sub-Saharan Africa is expected to pick up and reach 3.3% in 2022, according to the World Bank. Nearly 85% of international investors on the continent are optimistic about the continent’s growth, according to the annual Havas Horizon barometer. Indeed, Africa is currently experiencing a real demographic boom. According to the UN, the continent’s population will double by 2050, reaching 2.4 billion inhabitants, more than half of whom will live in urban areas and be under 25 years old. Faced with this demographic increase and the growing need for infrastructure, real estate is therefore a major challenge in Africa.
A continent that attracts international investors
Many African countries offer great opportunities in real estate. Benin, Togo, Ghana, Rwanda, Nigeria, Ethiopia, Angola, Ivory Coast, Morocco, Kenya and South Africa are particularly attractive to local and international investors. Tourism real estate (hotel complexes, campsites, tourist residences…) is particularly popular at the moment. Tourism is indeed an essential sector for the African economy: in 2019, it represented 7% of the continent’s GDP, according to the World Bank. Despite this, it is important not to minimize the risks associated with not knowing the African market. In order to invest in the region, it is essential to be accompanied by trustworthy players, solidly established in the territory. This is the case of Dunya Estate, a real estate and property firm that has long established itself in this emerging market.
Dunya Estate, a key player in the African real estate market
3 years of expertise in real estate, a market of over 500 billion dollars. Dunya Estate, your land and real estate firm, will assist you in all your real estate procedures and transactions. This success is due, first and foremost, to the wide diversification of our activities: land procedures, real estate development, project management assistance, asset management, third-party management, investment, operation, tourist residences, golf courses, senior residences, student residences, etc. In addition to its multi-sector positioning, Dunya Estate also stands out for its good knowledge of the African market and its ability to adapt. In Africa, Dunya Estate is diversifying into commercial real estate, tourism real estate and corporate real estate, as well as into related sectors. Today, the company has a dozen branches and several client networks in various African countries (Togo, Senegal, Cameroon, Ivory Coast, etc.) and is carrying out large-scale projects throughout West and Central Africa.