For institutional investors are the leading nations of the emerging markets China,
India and Brazil. More subordinated is Russia as fourth BRIC state to mention as
well as rising African nations like Kenia, Ghana or Botswana.
After the financial crisis the recovery of the global markets havn't been homogenious.
While the global growth of the GDP increased up to 4.8% again, in 2010 the emerging
markets alone achieved 7% and generated therefore roughly 50% of the global GDP.
China, India and Brazil have enhanced their economic circumstances and reduced the
obstacles for foreign investors to participate in foreign financed projects.
By 2017 the middle class of this three emerging economies alone is set to double
and by 2014 the middle class will include 800 million people. This rapid development
will cause an increasing demand for all segments of consumer goods including properties.
In industrial nations about 70% of the population lives in cities, compared
to this until now in China lives only 45% of the population in cities., correlative
with alteration from a low-wage country, what is overhelming dependent on exports,
to a high-tech nation, it is intended to catch up this enormous accumulated demand
by 2035.
despite the significant overcapacities on the real estate market in the segments
office and residential that has formed in the recent years, China plans new
mega projects which offer new opportunities to developers and investors.
Among the most ambitious projects is the worldwide largest city planning projects
Jing-Jin-Ji, in which Beijing will get merged with two of its neighour regions
to the globally which will have more than twice the area of Brawaria in terms of
surface area.
In South China a similar project is in the planning stage as well. In this area
the nine cities Guangzhou, Shenzhen, Foshan, Dongguan, Zhongshan, Zhuhai, Jiangmen,
Huizhou and Zhaoqing shall grow together. In this mega city will live 42 million
citizens on an area of 41,400 square kilometers.
Bold Real Estate has entered into partnerships with well established local
partners and investors with which we will start first projects in the segments
residential and office by the end of 2017.
Six of the ten fastest growing national economies worldwide are located in
Africa. The terretorially surface of Africa exceeds the are of the USA, China,
India, Japan and Europe together. The population of Africa is presently around
1.1 billion people, by 2050 the population will be 2.0 billion. Already today
300 million of the African population belong to the new middle class.
Six of ten of the fastest growing economies in the world are located in Africa.
Already today he national economies in the leading African states are growing
more dynamic and faster than in Asian countries. Since one decade the economic
growth in Sub-Sahara-Africa amounded to over 5% annually.
The property markets have developed positively in many African states, whereas any market shows its individual characteristics.
Regarding market transparency, demand as well as transaction speed and the level
of bureaucracy, Botswana has the leading real estate market in Africa.
The market of commercial property is located in the capital Gaborone where
international companies generate a strong market demand.
The development of new commercial space leads to an increasing demand of brand-new
buildings though on the other hand subsequent lettings are difficult to realize.
In South Africa around the capital Johannesburg as well as in Cape Town
and Durban are the most developed real estate markets of the continent located.
The recovery of the office market was sustained and the demand for new space
continued to develop positively. The demand of international investors remained
stable and was focused on premium property. In the event of an economic decline
the prices could come under pressure.
In Sambia the commercial activities are concentrated on the capital Lusaka.
The African landlocked country is part of the most developed real estate markets
in Africa. New commercial property can be let quickly since the location is in
great demand among banks and communication service providers.
Despite some administrative barriers Ghana is one of the most stable African
countries for the real estate industry. Private investors and foreign companies
share the market who is concentrated particularly in the capital Accra. The extreme
congestion in the city has led to more building activity in the suburbs and around
the international airport.