2010 Q4 - Africas Hot Spots
Africa's real estate hot spots. 2010 Q4
With Africa stabilising both politically and economically there is a surge of interest from foreign companies keen to invest in the continent and its accelerating spending potential. With many year's experience EMC RE has produced an infographic that represents the countries in which the firm has seen most Fortune 500 corporate real estate interest.
Not surprisingly the countries with most interest are the major oil exporters and the more diversified economies. However, there is also a category where corporates seem to be sensing the next surge of growth.
There is a huge variation in real estate values and practices across the continent. Office rents arguably show the broadest range from the lowest to the highest in the world.