Real Estate Sector: Denya Developers, One of Ghana’s Most Trusted Real Estate Developers

OVERVIEW OF THE COMPANY

Denya Developers is a proud member of the well-respected Pragnya Group – a real estate investment and development firm with over 20 years of emerging market experience. Having built and handed over more than 5,000 homes in seven different cities around the world, Pragnya’s track record and experience spans all verticals of the development cycle, from land acquisition, concept, design, engineering, procurement, construction management through to execution.

Denya Developers entered the Ghana real estate market in 2013 and focuses on residential high-rises in Accra’s most prime locations: Cantonments, Airport Residential, prime East Legon, Ridge, Ringway Estates and Labone.

Currently, Denya is constructing a ten story residential high-rise, Tribute House, in Airport Residential and an amenities-rich seven story development in Cantonments called the Pavilion.

Though each of the company’s projects are uniquely designed, there are several features that make Denya residences distinct from other apartments in Accra: large outdoor balconies, a focus on high quality kitchens, space-maximizing layouts, and over-sized windows. Denya’s developments include water treatment plants providing drinkable water to every kitchen. They build using a very high grade of concrete and more steel per square meter than the competition with all residences designed for Seismic Zone 4. Because of their commitment to high-quality materials, Denya Developers also offers Ghana’s longest warranties.

This is why their apartments have proven not just to be attractive homes, but great investments too. Their spacious sizes, amenities, dedicated services and reasonable price points represent exceptional value for money allowing for excellent income generation as well as future asset appreciation. Since 2016, the rental yields of Denya apartments have averaged between 9-12% per annum, with occupancy rates consistently in the range of 80-90%.

Besides development and sales, Denya Developers is also involved in property and rental management. The ultimate goal is for clients to have as easy an experience as possible, whether they are purchasing for their own use or as an investment product.

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