Why The East African Real Estate Sector Is Attracting Global Investment

Рет қаралды 12,642

Күн бұрын

GUESTS: Raghav Gandhi- CEO, Africa Logistics Properties (ALP)
•
Mark Dunford- CEO, Knight Frank Kenya
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Пікірлер: 40

@Play_Streams 5 ай бұрын

This kind of business is what's driving residential property prices sky high and leaving people homeless. We should not let this greed come to Kenya.

@jmandelax 5 ай бұрын

Greedy politicians are giving them opportunities

@giegor28 5 ай бұрын

Good competition is always good for the consumer..you'll get better real estate on cheaper rates

@Allpro007 4 ай бұрын

You are on pont

@Allpro007 4 ай бұрын

@@giegor28, not true, look at miami ,LA , Newyork

@reubentv2948 4 ай бұрын

You should be smart to move with the ever Changing world. People can't always be poor, you have to be smart and work to improve yourself. No one cares if you are poor or not. People with money will always bring good things to themselves. IF YOU CAN'T BEAT THEM JOIN THEM.

@Talib23401 5 ай бұрын

Housing should not be an investment this doesn’t end well anywhere

@Kittygacha_playz 5 ай бұрын

Housing IS an investment. And housing is a major industry in most major economies.

@TitusBiwot 5 ай бұрын

“You’ll own nothing and be happy”

@decoloniz_afro 5 ай бұрын

😂😂😂247 negative energy

@sunstoneproperties 4 ай бұрын

What shd be an investment

@USER06584B 4 ай бұрын

@@Kittygacha_playz go study major economies and see how housing is doing. california for instance has over 100k homeless people -- and if it was alone california would be the 5th largest economy. housing isn't an industry per se -- its more like a service, and housing markets can crash catastrophically. look up the 2007-2008 mortgage and financial crisis. or the asian financial crisis in the early 2000s.

@letters-ux2un 4 ай бұрын

they have made housing an out--of -reach basic commodity to many and contributed to

@paulirving2986 22 күн бұрын

EDUCATION across ALL fields, teaching critical thinking, how things works and why, is the principal and may be the only thing these people should be allowed to come in to Kenya and the rest of Africa for (teaching, do for self, self development).

@Aragosta413 4 ай бұрын

Knight Frank man completely unconvincing. Other guy on point. With Eric putting on the charms for wazungu

@user-hf4ce1gr4c 4 ай бұрын

Kindly move into counties to do what you doing in Nairobi

@johna.4869 4 ай бұрын

Raghav is soo smart and pessimistic while Mark pessimistic across as standoffish. Good interview!

@markmfalme 5 ай бұрын

Good convo. What’s the demand for 3rd party distribution centers in Kenya

@africanqueenmo 3 ай бұрын

Knight Frank is single-handedly responsible for making real estate in Kenyan cities the most unaffordable in the continent and most expensive. It's the worst real estate company in Kenya. It has absolutely no benefit to regular Kenyans

@DerickKamura 4 ай бұрын

The East African real estate sector is attracting global investment due to its potential for growth and the opportunity for local and international investors to invest in a portfolio of investment grade assets.

@sashagaths7552 4 ай бұрын

Very true, and the sooner we embrace this reality and effort the better the quality of our lives moving forward. We can no longer afford to proverbially "ostrich" our heads in the sand.

@lilacer6841 4 ай бұрын

@@sashagaths7552you will be sorry

@paulirving2986 22 күн бұрын

Not "foreign". Rather, NONE-AFRICANS.

@CarolSurles 22 күн бұрын

Who could be surprised that the African real estate sector is attracting global investment?! It is irresponsible for the legislative and executive leadership of African countries to allow foreign investors to market property in higher currencies, like USD, the Euro, and Canadian Dollars. This is immediately disrespectful to African natives, even if they are not able to purchase the properties now. This practice immediately tells poor native Africans, "This opportunity is not about you." Not only are natives insulted in this way, but developers and realtors often boast about "luxuries" in advertisements when natives can hardly buy rice. In my opinion the whole concept of "luxury" needs to nixed; it is an unholy ethos -- arrogant, selfish, and idolatrous. Developers, and realtors who insensitively market property that is untouchable to natives are metaphorically thumbing their noses at poor people. I am appalled at what I see. Leaders of countries that have won their independence from oppression of european colonists are now voluntarily fostering the oppression of their own people. This makes no sense. These leaders need to understand that there is more than one way for Africa to lose their countries to greedy foreigners. This needs to stop. The moment that dollars are waved in front of selfish leaders in developing countries, many will look the other way, if they can benefit from selling out the underclass. These leaders are not fit for public service. Africans need to hold their leaders to higher standards. This topic needs to be high on everyone's "African real estate" list. May I add that, social statisticians should become adept at showing how the crime rate in African countries like Cape Town is increasing; that market is the model for a hopeless underclass and high crime. Countries that are beginning to develop real estate should avoid that model. In the long run it would be better for all concerned if affordable houses sold in the country's currency are the highest priority. In fact, countries like Ghana, Namibia, and Botswana should pass legislation requiring that property be marketed ONLY in local currency. Developing countries are engineering their own horrific crime by oppressing the underclass. Again, it does not matter whether poor people can afford to buy properties now or not, but it is a mistake to assume that they do not get it! Programs should be established to close the disparity in home ownership for poor people. They know that their hope is being destroyed with every sale of luxury property marketed to wealthy people only -- IN OTHER COUNTRY'S CURRENCY! How insulting. Every country that is following this model should monitor their increasing crime rate. There is no mystery about what happens when people lose their hope for a better tomorrow.

@iseektruth64 4 ай бұрын

Excuse my ignorance...but what is a "REET"? These conversations are fascinating, but remember that not all your audience are industry insiders. Please explain the industry shorthand...Thanks!