1、6TH EDITION2024/25The Ultimate Guide to Africas Real Estate Markets2THE AFRICA REPORT 2024/25WELCOMEstorage and distribution facilities,prompting the development of modern industrial zones equipped with state-of-the-art logistics infrastructure.In the residential sector,the global trend of the live-
2、work-play model is driving demand for mixed-use and community living developments.For most households aspiring to transition from renting to owning however,affordability remains a key concern.Developers are addressing this by offering innovative financing options,complementing government initiatives
3、 like Egypts Housing for All scheme,which provides long-term subsidised mortgage loans.Our 2024/25 Africa Report includes comprehensive coverage of property markets in 19 countries,as well as detailed insights from our experts exploring retail,economic,and healthcare trends across the continent.I in
4、vite you to delve into our research and look forward to discussing our findings with you in more detail.As we unveil our biennial 2024/25 Africa Report,we are optimistic about the prospects for Africas real estate markets.Over 95%of the African markets tracked by Knight Frank have fully rebounded fr
5、om the COVID-19 pandemic,with most now matching pre-pandemic figures in transactions,prime rents,and average yields across major real estate sectors.The office sector across the continent is witnessing increased demand for Grade A stock,with ESG-compliant stock growing in popularity.This shift is al
6、so prompting some developers to refurbish older buildings to Grade A standards to help sustain demand and occupancy levels,as has been the case in Uganda.Overall,Grade A offices boast an average occupancy rate 10%higher than lower-grade offices.Elsewhere,the retail sector continues to evolve,with a