More than 600 property investors from across 32 African countries are expected to gather in Joburg over two days to hammer out issues germane to their field, including lucrative real estate investments, smart cities, liquidity and property management.
Delegates will also debate topics related to funding for real estate development, explore a new pool of financing developments in sub-Saharan Africa and look at ways of reducing the reliance on foreign capital.
Regarded as Africa’s biggest gathering for investment policymakers, property developers and corporates, the annual Africa Property Investment (API) Summit will converge at the Sandton Conversation Centre from Wednesday, 2 to Thursday, 3 October. This is its 10th year running.
The summit aims to connect the most influential local and international property stakeholders in Africa and to drive investment and development into a wide range of real estate and infrastructure projects across the continent.
Delegates will gather under the theme “Africa Re-Inspired” and look at how Africa’s real estate markets have formalised over the last decade and how global real estate trends will impact its future.
The MMC for Development Planning, Reuben Masango says a summit of this nature bodes well with the City’s vision of reviving the Inner City.
“The summit has the potential to make it easy to unlock new and develop emerging individuals or companies, as they take the opportunities to participate in the property space by sharing ideas about real estate investments, smart cities, liquidity and property management,” Masango adds.
API’s Head of Communications, Murray Anderson says this year’s summit will be the biggest they’ve ever hosted and it will have more features.
“This year we are going to have a gala dinner, which will give our delegates enough time to network and build contacts. We also increased the number of speakers to mark this milestone for the city and the country,” Anderson explains.
Some of the speakers for this year include Botswana Stock Exchange CEO Thapelo Tsheole, Chair of Economic Development in the City of Joburg Professor Ronald Wall and Crusader Sterling Pension Managing Director, Adeniyi Falade.
He says through the summit, the continent has seen growth in the number of international investors who are willing to come to Africa and invest in hotels, infrastructures and logistics.
“When the summit concludes we would like to see African investment markets maturing and increasing the number of transactions, which will create employment in the country and the rest of the continent,” adds Anderson.
Tickets for the summit are available online at www.apisummit.co.za
Written by Takalani Sioga
