Find Out More About Our Real Estate Developments in Africa
Investors and multinational corporations interested in expanding their footprint on the African continent benefit from the turnkey development, construction, and upgrade expertise offered by GREA. We have completed several real estate developments in Africa as evident in our extensive property project portfolio.
The active involvement in property developments has given us valuable experience, a wide network of suppliers to work with, and extensive knowledge regarding regulations, costs, timeline estimates, challenges, and solutions. With such, we’re able to identify superb opportunities for high investment returns. We put this knowledge to work to minimise risk while ensuring optimal return on investment (ROI) when it comes to commercial, industrial, health, and corporate accommodation real estate developments in Africa.
To give potential investors insight into our expertise and the types of projects we take on, we provide a short introduction to our active involvement in real estate developments in Africa. Let’s take a closer look at some of these developments below.
Eneo at Tatu Central Mixed-Use Development in Kenya
Africa is about to get its largest call centre, which will be located in Tatu City, Kenya. This will certainly be instrumental in valuable job creation and economic growth for the country. GREA designed the flagship modern, five-storey commercial property for CCI Global.
Upon completion, the office tower will have seats for as many as 4000 call centre operators. The A-grade building will also include facilities for training and a modern career centre.
A second tower is being developed and will house GREA’s Kenyan head office. The two towers are interlinked by retail space offering a food anchor, various eateries and other convenience retailers.
Eneo at Tatu Central is one of our flagship mixed commercial real estate developments and is developed as part of our strategic partnership with Rendeavour. The estimated completion date is set for the third quarter of 2023.
Adumuah Place in Ghana
Another one of our many noteworthy projects in Africa. The development includes corporate offices and retail space. It boasts 85 open parking bays and is located on a 4047 m² site with the property having a GLA of 1996 m² and GBA of 2414 m2. It is also one of the projects in which we have partnered with Rendeavour. The three-storey, A-Grade commercial real estate development includes prime offices with the ground floor allocated to retail space for financial institutions, convenience shops, supermarkets and pharmacies. View more information about Adumuah Place here.
Bolloré Logistics Warehouse in Pemba, Mozambique
This is one of our refurbishment projects in the southern parts of the continent. The project commenced in July 2021 and was completed in December 2021. We provided turnkey project development services for the redevelopment of the light industrial warehouse according to tenant specifications. Bollore Transport & Logistics is the anchor tenant for the property. We increased the total lettable area of the industrial property by 55%. Visit the industrial projects section for more information on this property development.
These are only a few examples of real estate developments in our comprehensive development portfolio. Reach out to GREA to discuss how we can help your firm with redevelopment, refurbishment and complete turnkey construction solutions across Africa.