Real Estate & Hospitality
By 2040, Africa’s urban population is projected to reach one billion. An existing shortage of residential and commercial properties coupled with growing populations and incomes have fuelled demand for real estate. The extended reach of this sector into the hospitality business presents additional opportunities. Our investments in the real estate and hospitality sectors include:
A property management, investment and development company offering end-to-end services along the real estate value chain, from facility management to joint-venture investments. Afriland is pioneering an institutional approach to real estate, throughout Africa.
Owners of the Transcorp Hilton Hotel, Abuja, and the Transcorp Hotel in Calabar. The Transcorp Hilton in Abuja is a 670-room hotel, that was named the best Hilton Hotel in Africa, Middle East and Asia in 2010 and in 2015. In 2014 Transcorp Hilton hosted WEF Africa, which held in Nigeria for the first time. The Transcorp Hotel, Calabar, is a 146-room premier destination hotel in a city, which is fast becoming one of the most desirable locations for leisure and conferencing in Nigeria. Transcorp Hotels is expanding its portfolio to include a residential development in Abuja and a luxury hotel in Lagos, Nigeria.