Senior Living in South Africa

Senior Living in South Africa could be an attractive real estate sector for investors due to the number of people who might soon need it.

In 2022, the estimated population of South Africa included more than 5.6 million people aged 60 or older. This represents a 9.2% share of the overall South African population

South Africans are living longer and the over-60s are a growing market, Its over-60 population is expected to double by 2050 and comprise 15.4% of the total population, according to the World Health Organization.

This makes retirement development a ā€œworthwhile long-term investmentā€

 

Full PresentationĀ  here…

What are REITs?

Real estate investment trusts (REITs) are companies that own and most often actively manage
income-producing commercial real estate. Some REITs make or invest in loans and other
obligations that are secured by real estate collateral. The shares of most large REITs are publicly
traded.(NAREIT, 2011).

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Real Estate is currently being disrupted globally. In this downloadable presentation to the Lagos Chamber of Commerce and Industry in February 2020. Prof. Dr. Akinsomi examines real estate disruption globally and Nigeria’s readiness to embrace it.

Download presentation below.

Real Estate Disruption 2020