Real Estate

Galamore has acquired extensive experience in the real estate sector, based on detailed knowledge and experiences through its business, insurance and advisory services provided through an international network of experts. Getting these solid foundations on your side may prove to be important in the sense of the volatility of investment in real estate.

And if investors can’t buy it, they can develop it with the help of Galamore consulting expertise and wealth of experience across the African investment markets.

Banks are now returning to the real estate market, alongside insurance companies and pension funds–both looking for long-term, low-risk investment.

Nevertheless, supply shortages and consequent price rises are pushing investors to seek alternatives, while those determined to remain in the real estate sector are diversifying in terms of location and use. Student housing, residential projects, resorts, retail outlets and logistics developments are now seen as enticing opportunities. Risks such as regulation and taxation have an impact on the way in which real estate investment vehicles are structured and disclosure schemes are already having an impact.

The changing tax climate creates uncertainty, while increased regulation adds to operational and administrative costs, creating a return drain. Political influence also creates opportunities as well as obstacles. Investment in real estate by new building ventures creates jobs, supports local communities and draws foreign investment–all of which are vital to economic growth.