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Ghana Report
Marcopolis presents the Ghana Report focused on investments, doing business, economy and other topics featuring interviews with key executives and government officials. The sectors under review are agriculture, banking, energy, industry, telecom, IT, real estate and more.
VideosOctober 27, 2020
Housing Deficit in Ghana: Investment and Financial Opportunities in the Real Estate Sector
- Written by Sandra Francisco
- Published: October 27, 2020
Neil Oku, CEO of Golden Coast Developers, shares his views on the real estate sector in Ghana and explains why the housing deficit in the country constitutes an investment and financial opportunity.
"As far as the real estate sector is concerned, I don't want to cast it as all rosy and glorious, but I think it's really a segment that makes a lot of sense from an investment and financial opportunity standpoint. We have a real estate deficit in the country, with almost a million units required. So, there's always opportunity to build properties and ensure that you have the right market segment that is going to acquire said properties. I have seen it with some of the dynamics that happen within Africa. We are a continent of maturing individuals and the medium income is growing. So, home acquisition is definitely a strong point. I think it is left for us as developers to offer what each client segment would need; be it luxury, be it affordable, or medium income housing. I am very bright within that prospect", says Neil Oku.
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