A smart future for African real estate

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The 9th annual Africa Property Investment (API) Summit & Expo, Africa’s business gathering for policy makers, developers, corporates and investors will be held this year at the Sandton Convention Centre, Johannesburg on 20 and Friday 21 September 2018.

This year’s API Summit & Expo will provide a platform for stakeholders to discuss how changes in technology, leadership and skill in African property can build a smarter future for African real estate.

In addition, it will highlight the improvements made across Africa’s real estate investment landscape in the past 12 months.

“This year’s summit offers an unmissable opportunity for Africa’s most influential property stakeholders to connect with each other and discuss issues around optimal sizing and restoring global confidence, while also unpacking innovations in building, identifying new funding, and fostering better market transparency,” says Kfir Rusin, API Events Managing Director. 

Leonard Michau, Broll Head of Operations for Markets in Africa will provide key insights on the trends that are building a smarter future for African property.

“Investors and developers are starting to adjust their investment strategy, adopting a more educated, informed approach, while also reducing the number of speculative developments.”

“We are seeing growing consumerism in Africa, with increased use of mobile and the internet providing increased access to information and digital choice. The retail market for example is rapidly evolving and responding to changed consumer behaviour. Extreme traffic congestion means that people buy the basics at their local markets during the week, waiting for the weekend to travel to a destination mall that mixes both retail, health, wellness and leisure to deliver a fun experience for the whole family. This traffic driven behaviour in different cities and nodes is impacting the way people work (including travel to work) as well as shop and entertain themselves,” saysGerhard Zeelie, Standard bank Head of Real Estate Finance for Africa. 

“The most significant factor contributing to a smarter future for Africa real estate is a change in perception around Africa in general and Africa real estate specifically. The sector is by and large still in its infancy on the continent, however, it has grown exponentially over the last couple of years. In 2018, foreign direct investment, political stability and infrastructure improvements have all been catalysts for creating more depth in Africa’s real estate markets, and the world is slowly figuring out the opportunities present on the continent. Real estate has a big role to play in tapping into these opportunities,” says Bronwyn Corbett, Grit Chief Executive Officer. 

“Broll is proud to sponsor what is recognised as the leading real estate seminar within sub-Saharan Africa. The API Summit & Expo is well organised, providing a range of high-quality content, speakers, and panellists,” notes Michau. 

“The API conference provides one of the few platforms available to Africa Real Estate sector participants. The structure of the conference allows for interactive participation and knowledge sharing through panel discussions but also – and maybe more importantly – great networking opportunities,” adds Corbett. 

“Our ability to connect our clients to opportunities is strengthened by strong relationships with governments, regulators, key industry players and investors in all the countries in which Standard Bank has a presence. The API Summit & Expo achieves impressive high-level participation from attendees across the continent while providing an important platform for delegates to showcase the trends and themes driving opportunity in real estate,” adds Zeelie. 

“Designed by property professionals to provide insight, debate, deal-making, and networking opportunities, the API Summit will also feature a dedicated exhibition area, training workshops and in-depth case studies. The powerful combination of the Summit and the Expo makes this the ultimate African real estate event,” concludes Rusin. 

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Bontle Moeng is the Founder and Managing Director of BizNis Africa. Moeng has spent 16 years working in the digital and online media industry across Africa. She applied her trade at True Love magazine prior to discovering her passion for Investment news in key sectors across Africa. Moeng previously worked for ITWeb, Starfish Mobile Technologies, ITNewsAfrica, AVATAR Agency, eNitiate, Global Interface Consulting and Havas Johannesburg. Her primary focus is to provide solid and valuable content on investment opportunities for the ICT, Energy and Mining sectors across Africa. In addition, the online news publication assists global companies to expand their presence in Africa. Email: news@biznisafrica.co.za

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