We would like to welcome all our readers to Issue 26 of DLA Piper's Real Estate Gazette.
Think of Africa and chances are you will be transported to a sun-blushed savannah, where beautiful wild elephants roam across the plains. Or you may think of the monolithic churches of Ethiopia, the reggae and hip hop sounds of Sub-Saharan Africa. Chances are you will not immediately think of a burgeoning real estate sector, investment opportunities and related legal developments. However, as the articles in this issue show, the world's second continent may offer real opportunities to foreign investors in real estate.
Amongst others, contributions discussing Angola, Ethiopia and Mozambique, all report increased demand in the real estate sector. Indeed, in Ethiopia the sector has contributed 12.5 per cent to domestic growth in the past 10 years, whilst the recent discovery of natural resources in Mozambique has led to increased demand there in several sectors, including real estate, which is regarded as one of the best investment opportunities in the country.
A selection of articles is below, alternatively you can download the complete Real Estate Gazette in two formats:
We do hope you will enjoy reading our views, and if you would like more information on any of the topics featured in this issue, please do get in touch with the authors.