Property for Africa: Research into the role of real estate in economic development

07 December 2015

The commercial real estate sector in Africa has been described as “poised for lift off” by industry analysts. But is there a way to capitalise on this sector to ensure that property markets foster economic growth and development? It is to address this challenge that the UCT-Nedbank Urban Real Estate Research Unit has been formed, under the directorship of Associate Professor Francois Viruly.

“The success and long-term sustainability of African cities is a function of vibrant property markets,” says Viruly. “This engaged research aims to ensure that the property sector is able to play its role in fostering the needs of investors and other stakeholders.”

Read the full story on the EBE website: Faculty of Engineering & the Built Environment

Photo of Ikoyi, Lagos taken by Ulf Ryttgens. Licensed under CC BY-SA 1.0 via Wikimedia Commons

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