Luxury

Why A British Hotelier And Ghanaian Entrepreneur Are Building Petronia City

Nana Kwame Bediako   British multi-millionaire property developer Azad Cola who owns the famous Westbury Hotel and Ghanaian serial entrepreneur Nana Bediako recently established Capital Nine Zero (CNZ), an investment company that is developing Petronia City - a 2000-acre city development project that aims to provide the first fully integrated business hub for West Africa’s Oil, Gas and...

Global Real Estate Capital Beginning to Discover Sub-Saharan Africa

According to JLL's newly released "Emerging Beyond the Frontier" research report, unprecedented liquidity in global capital markets is fueling investors to seek out new markets and it is beginning to find its home in real estate markets in Sub-Saharan Africa (SSA). JLL's report reveal that sustained economic and demographic growth in SSA countries are combining to create urban markets of global scale...

Median Home Prices in U.S. Now Least Affordable Since 2008

Median Home Prices Rose Faster Than Wages in 87 Percent of Local Markets Based on ATTOM Data Solutions' latest Q2 2017 U.S. Home Affordability Index, the U.S. median home price of $253,000 in the second quarter of 2017 was at the least affordable level since Q3 2008, a nearly nine-year low in affordability. The national home affordability index was 100 in the second quarter of 2017, the lowest national...

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