While it seems that the total stock of internationally branded hotels in Accra is set to almost double, only 14% of the pipeline projects are actively under construction as many have been stalled due to the impact of the pandemic and currency devaluation according to the Accra Development Pipeline Report by Pan-African real estate data […]
Players in the Real Estate industry are seen to be rich, unfortunately, the story of a Real Estate Agent in Ghana is divergent. Every successful and financially well to do Real Estate Agent, have been through the unfairness and injustice in the industry. Real Estate Brokers/Agents act as intermediaries between the producers (owners) and the […]
According to the Mortgage Bankers Association’s latest National Delinquency Survey, the delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.11 percent of all loans outstanding at the end of the first quarter of 2022. For the purposes of the survey, MBA asks servicers to report loans in forbearance […]
Fidelity Bank Ghana has signed a Memorandum of Understanding (MoU) with six real estate developers to enable customers access mortgage loans. The agreement will see Fidelity and the real estate developers, including Integral Associates, GHS Housing, Adom City Estates, Priority Homes, Blue Rose Developers and New Oak, collaborate in the mortgage financing sector to make […]
Mr Kwasi Amoako-Attah, Minister of Roads and Highways, has said that Ghana will soon receive 87 bridge installations from the United Kingdom. The installations would be for the construction of bridges across the country. The 87 bridges, in addition to the construction of more roads and drainage systems, was to facilitate the movement of people and to enhance socio-economic activities particularly in […]
According to national property broker Redfin, U.S. homebuyer demand softened further over the last several weeks of April 2022, as a typical slump in buying and selling over Easter and Passover weekend amplified a recent slowdown triggered by surging mortgage rates and housing costs. Roughly 1 in 8 sellers cut their list prices during the […]
The Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) is conducting a three-day awareness workshop on enhancing Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) compliance among real estate dealers in Abuja. The workshop is scheduled from Monday 25 – 27 April 2022, GIABA said in a statement released on Wednesday. Participants […]
Habitat for Humanity Africa is set to host the inaugural Africa Housing Forum that seeks to foster solutions that promote low-cost and affordable housing as a driver of economic growth in Africa. The forum is part of a global series of regional housing forums organised by Habitat for Humanity in collaboration with partner organisations and […]
The roofing of structures, which the Future Global Resources Company Limited gave out to the Lands and Natural Resources to temporarily accommodate victims of the Appiatse explosion is progressing steadily. During a familiarization visit to the site on Wednesday, Mr Benito Owusu-Bio, a Deputy Minister of Lands and Natural Resources and Chairman of the Appiatse […]
Radisson Hotel Group is proud to announce its debut in Ghana with the opening of Number One Oxford Street Hotel & Suites, a member of Radisson Individuals. In partnership with Belfast City Management, a wholly-owned subsidiary of Kwarleyz Group, the hotel also marks the second Radisson Individuals hotel opening in Africa within the last two […]
