Diaspora Asked to Invest In real Estate

Diaspora Asked to Invest In real Estate

The Ghana Diaspora Development Corporation in collaboration with Brobbery International Group and Bennet Real Estate USA has organized a real estate Expo 2019 to showcase the potential of the real estate sector in Ghana. Held at the Accra Tourism Information Center in Accra the expo sought to attract the African American community visiting Ghana or relocating to Ghana as part of the Year of Return 2019 to venture into the real estate sector in the country.

The expo dubbed: “Real estate, solutions for all,” was particularly targeting the coastal areas in the country such as Prampram in the Greater Accra Region as a conducive area for the African American Diasporas.
The event created a platform for the organizers which are international real estate companies to showcase their capabilities of supporting those in the Diaspora to own real estate in Ghana.

Why the expo?
Briefing the Daily Graphic after the expo, the Country Director of the Ghana Diaspora Development Corporation, Mr. Randy Baafour Brobbey, explained that the expo was his contribution to President Nana Addo Dankwa Akufo Addo’s declaration of the Year of Return 2019.
The event also paved the way for real estate experts to dialogue with captains already in the sector on ways to enhance the industry.
Mr. Brobbey said the expo was also to attract Ghanaians and those in the diaspora to own real estate in Ghana, giving the assurance that entering the real estate business did not require huge funding.
Perception
He disabused that perception, explaining that in Ghana, the real estate wing of his company, Brobbery International Group, could secure one from $50,000.
“Indeed, you do not need to have $1 million or so to be able to enter the real estate business, he explained adding that the real estate business in Ghana was thriving, unlike other countries where it reached a point and got stuck.
Mr.  Brobbey said owing a real estate did not require someone to be as old as 45 to 50  years but that the youth could also venture into the real estate business.

Ghana’s real Estate

He described the real estate sector in Ghana as a buyer market” explaining that the buyers had a lot of leverage because there was more real estate.
Mr. Brobbey expressed the hope that the expo would result in bringing home more African Americas and those in the Diaspora under the year of return 2019 to invest in the sector.
“ My call to this event is to get more of these Diasporas and the Black Americans, other nationals and Ghanaians to invest in the real estate sector: he stated.
Mr. Brobbey was of the conviction that a thriving real estate sector would trigger a boom in the economy and create jobs for the youth.

 

Throwing more light on the impression that the  guest speaker at the expo, Mrs. Malika Jackson-Caldwell, was wooing Ghanaians to own real estate in the USA, he said rather “ She was wooing Ghanaians and African Americans in the Diaspora to invest in the real estate sector.”

Mrs. Jackson-Caldwell, a US-based International real estate agent at the expo rallied African Americans in the Diaspora visiting Ghana as part of the Year of Return to consider the vast potential of the real estate sector in the country.
Property In USA
She gave an assurance that her agency could assist Ghanaians who were also seeking to own real estate in the US to do so.

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