Check out the 4 'out of this world' African architectural projects nominated for Aga Khan award. THE Aga Khan Award for Architecture is given every three years to projects that set standards of excellence in architecture, planning practices, historic preservation and landscape architecture.
The Award seeks to identify and encourage building concepts that successfully address the needs and aspirations of societies across the world, in which Muslims have a significant presence. 19 projects have been shortlisted for the 2016 Aga Khan award from 348 projects - they are competing for $1 million in prize money. African architects have recently been increasingly in the limelight for their futuristic and brilliant designs which solve local problems. Here we take a look at the four projects from Africa that have been shortlisted for the Aga Khan’s prize: Guelmim School of Technology, Morocco A boldly contemporary construction, the school was conceived in line with a policy of decentralisation and making education more accessible to those living in remote areas. Makoko Floating School, Lagos. Contrairement au Maghreb, les hôtels poussent comme des champignons en Afrique subsaharienne. En Afrique du Nord, le secteur du tourisme fait grise mine depuis les révolutions du Printemps arabe en 2011.
Un phénomène qui s'est amplifié avec les attaques terroristes qui ont visé l'Egypte ou la Tunisie en 2015. Conséquence, les clients européens ont fui le nord du continent pour d'autres destinations. Africa hotel industry grows nearly 30% in one year. Cape Town - The number of planned hotel rooms in Africa has soared to 64 000 in 365 hotels, up almost 30% on the previous year, according to new figures from the annual W Hospitality Group Hotel Chain Development Pipeline Survey.
The increase is largely down to strong growth in sub-Saharan Africa, which is up 42.1% on 2015 and is significantly outstripping North Africa which achieved only a modest 7.5% pipeline increase this year. South Africa ranks in position 9 of the hotel development pipelines in Africa list for 2016, just above Senegal. A major shake-up in the rankings by country saw Angola, never before listed among the top 10, push Egypt out of second place, due to a major deal there signed by AccorHotels. "Investors are confident about the future of the hospitality industry on the African continent. This is reflected not only in the growth in hotel investments and offers, but also in the amount of major airlines expanding their direct reach to the continent.
Naija247news - Nigeria, Angola Accounts for 17,782 hotel rooms In Africa. Nigeria remains the country with the most rooms in the pipeline, up 20% on 2015.
Together with Angola, the two countries account for 17,782 rooms between them, almost 30% of the total pipeline and 40% of the signed rooms in sub-Saharan Africa. The number of planned hotel rooms in Africa has soared to 64,000 in 365 hotels, up almost 30% on the previous year, according to new figures from the annual W Hospitality Group Hotel Chain Development Pipeline Survey. Nigeria remains the country with the most rooms in the pipeline, up 20% on 2015. The increase is largely down to strong growth in sub-Saharan Africa, which is up 42.1% on 2015 and is significantly outstripping North Africa which achieved only a modest 7.5% pipeline increase this year.
A major shake-up in the rankings by country saw Angola, never before listed among the top 10, push Egypt out of second place, due to a major deal there signed by AccorHotels. Africa a land of opportunity for property investors. UAE investors have been urged to follow in the footsteps of the Majid Al Futtaim Group and the Landmark Group by pursuing property opportunities in East Africa.
Peter Welborn, the chairman of property consultancy Knight Frank’s African operations, insists that “there has never been a better time to invest" in the continent. Speaking at a recent event held alongside Dubai Multi Commodities Centre (DMCC), Mr Welborn said the huge population growth underway in Sub-Saharan Africa will mean that by the end of the current century, the continent will contain 40 per cent of the world’s population. GDP in Sub-Saharan Africa is likely to rise by more than 4 per cent in 2016, following a recent dip related to its oil-exporting countries. IMF forecasts for 2017 to 2020 suggest a GDP growth in Sub-Saharan Africa of 5.3 per cent a year. “If you’re not in retailing in Africa, you’re missing an opportunity," he said.
“The general system in Africa is that the land belongs to the state. Les potentiels de croissance uniques du secteur immobilier africain. Les grandes tendances mondiales, telles que l’urbanisation rapide et les changements démographiques, vont favoriser, au cours des cinq prochaines années, les opportunités de croissance dans le secteur immobilier sur l’ensemble du continent africain. « Le rythme des changements dans le monde s’accélère, au fur et à mesure des transitions successives connues sous le nom de grandes tendances mondiales, qui transforment la manière dont le monde des affaires et la société opèrent », indique Ilse French, responsable du secteur immobilier pour PwC Africa. « Les investisseurs du monde entier découvrent chaque jour davantage le potentiel de croissance de l’Afrique, notamment son avantage démographique considérable.
Croissance économique, amélioration de la stabilité politique et investissements continus dans l’infrastructure sont autant de facteurs qui ouvrent la porte à des marchés autrefois inaccessibles », ajoute Ilse French. 1. African, Middle Eastern cities experience fastest real estate growth: report - Luxury Daily - Research. Cape Town, South Africa home Across the yearlong period ending the fourth quarter of 2015, housing prices increased most dramatically in cities in the Middle East and Africa, according to a new report by Knight Frank.
Housing prices increased in 121 of the 165 markets that “Global Residential Cities Index” tracks and by 4.4 percent overall, outperforming the national level index. The expedited growth of cities, as well as the increased prices in less established urban areas, evidence a growing trend toward urbanism and metropolitanism that will be sustained for several more decades. “Analyzing both indices (tracking mainstream prices at a city and country level) the two have followed a similar trajectory, although in periods of economic uncertainty the Global Residential Cities Index has outperformed the Global House Price Index,” said Taimur Khan, senior research analyst at Knight Frank. Africa’s Housing Finance Markets in 2015. > Kecia Rust Innovation in housing finance –in terms of products, players, and approaches, not to mention target markets – is a key feature across the continent, creating new opportunities for investment and delivery.
As both local and international investors chase growth opportunities in a sluggish global economy, they are employing diversification strategies to manage the risks of their traditional targets – and in this, residential property is increasingly becoming an option. And while established players are getting better at what they do, new players are adding to the mix and competing for opportunities. at sun.awt.image.ImageFetcher.run(ImageFetcher.java:169) Investors are faced with a paradox, however. Carlson Rezidor maintient le cap de 35 nouveaux hôtels africains d’ici 3 ans - aBamako.com. En Ethiopie, l'immobilier de luxe en plein boom - Economie. Stocktaking of the housing sector in sub saharan africa full report. Africa's urbanisation defies all the old rules, as the continent does things its way. COMING OUT of the conversations at the Africities summit it is clear that the African reality requires a new way of thinking to do with the transformation and growth of its cities.
These urban realities include a population that will double in 25 years, a slum prevalence level of 61% (higher than any other region in the world), a labour force where 63% are in vulnerable employment, where congestion can equate to 2% of a country’s economy and where 400million more people will need water connections in the next 20 years. Africa: Growing African Cities Face Housing Challenge and Opportunity. With 60 - 70% of urban African households living in slums, Report calls for new approach to housing, lending and land policies Africa faces a major housing crisis due to rapid urbanization and a growing slum population.
New, targeted approaches to affordable housing are necessary if countries want to take advantage of the demographic shift to make cities inclusive, spur economic growth and expand job opportunities, according to a new report by the World Bank Group. OPP.Today - Africa property investment ‘ready to be unlocked’ With nearly 40% of world’s population living in Africa by the end of the century, its real estate growth potential is set to be unlocked, says buy-to-let investment specialist, Property Frontiers. In the wake of President Obama’s recent visit to Africa, many have taken note that it is one of the fastest growing regions in the world and the market is ripe for investment. Property Frontiers has recently launched a collection of luxury apartments at Jakana Heights, in the Ugandan capital city of Kampala. Available for investment from US$80,000, the exclusive gated community is offering yields of around 15% net.
Africa's real estate is hot property. Hotel real estate sector in Africa set for strong growth. HospitalityVicky Karantzavelou - 05 October 2015, 11:06 JLL expects a significant evolution in the hotel real estate sector as global investors increasingly scrutinise the continent’s potential. JOHANNESBURG – JLL’s latest thought leadership research paper ‘Spotlight on Africa: Opportunity on the Horizon’ explores the investment potential of hotels in Africa, which has improved significantly over the past decade, though it is not without its challenges.
The growth drivers for the hotel sector in Africa include improving fiscal management, favourable demographics (a population of 1.1billion), rapid urbanisation, a growing middle class, rich commodity and energy resources, considerable infrastructure investment and increased tourism. The expanding economy and increased regional trade will drive business tourism and hotel sector demand. Jovago becomes first African company on Google Hotel ADS. Africa’s leading hotel-booking website Jovago has been incorporated into the renowned Google Hotels Ads. This strategic collaboration aims to ease the process of hotel search and reservation for travellers in Africa. This would allow Google users access to the best deals at any time and at their convenience, through the Jovago.com platform thus granting a diverse range of users the chance to find and book hotels across the African continent.
“Google is a giant - the hotel finder metasearch is a remarkable and handy tool for travellers around the world looking to make smart and informed decisions when booking hotels," said Paul Midy, CEO of Jovago. "Jovago is focused on helping travellers find the best hotels regardless of location and making the process as convenient as possible. With Jovago on the Google Travel Ads, customers can readily access our growing inventory of hotels on the go with little to no hassles as the customer service team caters to their needs,” he added. Africa’s housing crisis. Few people disagree that Africa is entering the throes of a housing crisis as demand for decent housing far outstrips supply. This situation is as a result of a budgeoning population which has been exacerbated by a high migration of the population to urban centers. Estimates suggest that by 2050 Africa’s population will have doubled reaching 2.4 billion which will stretch the cities to beyond breaking point due to inadequate housing and associated infrastructure needs such as roads and clean water.
Making Urbanization Work for Africa. 12 pays africains dans le Top 20 des marchés émergents où l’immobilier de luxe est le plus abordable. (Agence Ecofin) - Douze pays africains figurent dans le Top 20 des marchés émergents où l’immobilier de luxe est le plus abordable, selon une étude publiée le 1er septembre par le portail immobilier allemand Lamudi. L’Ethiopie arrive en tête de ce classement portant sur les 32 pays émergents où Lamudi est présent. Momentum Africa real estate fund reaches $150 million. Momentum Global Investment Management, in conjunction with sister company Eris Property Group, has successfully completed the second close of the Momentum Africa Real Estate Fund. A further $103 million was committed to the Fund which has now raised a total of $150 million to date.
The Fund focuses on the development of retail, commercial and light industrial real estate in sub-Saharan Africa outside of South Africa, including Ghana, Kenya, Mauritius, Mozambique, Nigeria, Rwanda and Zambia. The final phase of fund raising is scheduled to conclude in 2016 and aggregate commitments are capped at $250 million. The conclusion of the second phase of fund raising coincides with significant progress on the Fund’s investment pipeline. David Lashbrook, Head of Africa Real Estate at Momentum GIM, said: “Achieving the second close is a meaningful milestone because it gives us a larger war chest to commit to a swelling investment pipeline. ALB - Africa awaits property investment boom. Law firms are gearing themselves up to respond to the needs of a growing number of international investors, keen to investigate opportunities in African real estate markets, attracted by the continent’s economic and demographic growth prospects.
According to the Africa Report 2015, issued by Knight Frank in March 2015, the population of Africa will quadruple to over four billion by 2100, with nearly one billion of these people in Nigeria alone – a significant demographic trend for all businesses, not just property developers. Nigeria is now the largest economy in Africa with GDP estimated at USD 594.3 billion, followed by South Africa (at USD 341.2 billion) Within this, sub-Saharan Africa was estimated to be one of the world’s most rapidly developing economic regions, in line with projections that 13 of 20 fastest-growing global economies over the next five years would be in Africa.
Nor are professional services firms, or the finance industry, immune to such developments. 'Young Africa is facing a housing crisis' To hear the experts tell it, Africa will experience a population boom in the coming years and should be reaping what many economists have termed a demographic dividend. What will be happening on the other side of this is rapid urbanization? UN-Habitat estimates that by 2030, all developing regions, specifically sub-Saharan Africa and Asia, will have more people living in urban than rural areas. It denotes for many the progress that is being made by African economies; certainly urbanization in isolation can be seen as an indication of development and growth. The theory is that if we have people trooping to and staying in our urban centers then it must be that we have created the jobs to attract and sustain them. The demographic dividend. Africa holds breath over hotel boom.
HOTEL development in Africa is set to surge this year as international brands such as Marriott, Hilton and Radisson seek to maximise their returns from the fastest-growing continent in the world, after Asia. A report released by the W Hospitality Group this month, an advisory firm to the hotel and tourism industry, estimates that about 50,000 rooms spread among 270 hotels in Africa are set for development this year. But a lack of sufficient funding, red tape and a shortage of expert skills may block some of these deals from becoming a reality.
Lamudi.com - Welcome to the best real estate marketplaces around the world. Supporting Africa's Growing Cities Means Discarding Colonial-Era Urban Planning and Focusing on Autonomy. Bill Freund, an academic and author of The African City, isn't naive. Africa’s growth cities attract increased foreign real estate investment - Africa Property News. Hotel development in Africa accelerates to 50,000 rooms. Sub-Saharan Africa. Global megatrends to drive growth in Africa real estate industry. PwC Africa Real Estate Leader, Ilse French said previously inaccessible African markets were opening up through economic growth, improving political stability, and ongoing investments in infrastructure. Global megatrends, such as rapid urbanisation and demographic changes, will drive growth in the real estate industry across Africa over the next five years, a PwC report released last week has asserted.
Significant opportunities for property investors in Africa, says Standard Bank. Gary Garrett, the Head of Real Estate Finance at Standard Bank says rapid urbanisation and a growing middle class are boosting opportunities for investment throughout Africa.. Rapid urbanisation and growing consumer wealth on the African continent is providing numerous opportunities for investors wanting to gain exposure to retail and office property developments north of South Africa. Gary Garrett, the Head of Real Estate Finance at Standard Bank says some of the key African countries that are realising opportunities for real estate investment include Nigeria, Ghana, Kenya, Angola, Mozambique, Zambia and Namibia. Foreign investment in the natural resource sectors of these economies is acting as a catalyst for economic development, boosting demand for quality office, retail and residential property space. While considerable opportunities exist in Africa, investors must remember that the continent is not a single, homogenous jurisdiction.
To Continue Reading the story, Click here for More. African real estate market is expected to boom - Housing is the single most important factor in Africa's economic development. 10 African cities whose economic importance will triple by 2030. Why Seychelles Has The Best Property. International hotels announce entery plan to African market at AHIF 2014. Residential property markets and investments in Africa. Giles Wrench - African Century Urbanisation and Real Estate. 2013 The African Century Twelve Pillars of Africas Future Success.pdf.
New Telegraph – Singapore experts eye Nigeria, Africa for urban planning. Rich Africa pickings beckon Singapore urban experts - Media Centre - International Enterprise Singapore. Hotel Builders Bet on Africa Gas Boom. ‘Real Estate Unite’ To Convene Largest Gathering Of Africa’s Property Market Players. Le Boom du marché immobilier africain. Real Estate: Risk-Takers Choose To Invest On The Ground In Africa. Rich Africa pickings beckon Singapore urban experts, Top Stories Premium News & Headlines - THE BUSINESS TIMES. L'Afrique des villes est en marche. Architecture: Africa in the making. There’s no place on earth like Lagos, says founder of online property marketplace. Stakeholder Discusses Infrastructure, Property Opportunities In Africa. Lagos, Cape Town Rank In Top 12 Global Rising Real Estate Stars. Sub-Saharan Africa hotels boom. Hotel Development Pipeline in Sub-Saharan Africa Overtakes the North.
Carlson Rezidor underlines its leading position in Africa: Group holds largest hotel pipeline on the continent. African property listings on Lamudi.com soar to 78,000. Private equity firm backing affordable housing projects in Africa. Properties in Africa, Africa Real Estate Listings, Real Estate Ads in Africa. LibP_AfricabrochureLR.pdf. Lamudi.com - Welcome to the best real estate marketplaces around the world. Miranda Meyer Interiors - Perfection by design.
Africa Investor - Ai News. Top Hotel Projects. Economie/Afrique : les cadres des grandes chaînes hôtelières mondiales optimistes pour le marché africain. Rocket Internet launches first hotel startup with Africa-based Jovago. Africa’s residential market offers ‘new frontiers’ for property investors. Africa Investor - Ai News. Growth Prospects in Africa's Property Sector with Malcolm Horne. Looking at Takeway Lessons from the Africa Urban Infrastructure Summit. New Property Sector Emerging in Africa. L’Afrique pourrait compter 129 nouveaux centres commerciaux dans les 4 ans. Latest African gold rush: Hotels. Hotel investors make a beeline for Africa. Projects: 2011 - Jakša Barbir. About. Rezidor eyes more hotels in sub-Saharan region. Enugu Lifestyle & Golf City. Invest Africa Episode 25: Property Real Estate. MENAFlagshipHousingFinance. No Slide Title - hoek-smit-housing-finance-in-Africa-2012.pdf. Islands for Sale in Africa.
African property markets poised for strong growth. L’immobilier africain prêt au décollage. Africa Investor - Ai News. Africa Investor - Ai News. Afrique_planche-9-01.jpg (JPEG Image, 2339 × 1654 pixels) East Africa: Urban Housing Crisis, a Huge Investment Opportunity. Frontier Market Network : Analysis : Africa's shopping malls: Where are they? Luxury Hotels Meeting Market Demand in Africa. Malls Guide. Paradise truly is affordable Affordable Seychelles – not a myth as the facts support reality - Africa Hotel Investment Forum 2012 opens next week in Nairobi Africa needs five-star hotel. Atterbury and Hyprop join forces to tackle Sub-Saharan Property Investment drive - SA Commercial Property News.
Actis named best Real Estate Developer in Africa by Euromoney - SA Commercial Property News. Africa hotels: lots of plans, hard to build. Home Page.