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Johannesburg – Jeremy Kelly, of London-based JLL, will present the African Chapter of its Global Real Estate and Transparency Index (GRETI) to 600 of the continent's leading real estate developers and investors
. African and global real estate and transparency data experts will share their ideas, best practices and build global and regional investor confidence in Africa's fast-growing economies are some of the main goals of the 9th annual summit. the API to be held in Johannesburg on the 20th and 21st Recognized as a global leader and advocate for transparency and data on global real estate markets, Kelly will lead the conversation on the importance of data and transparency that are vital to establishing a healthy market and making better decisions.
"Our goal at the top will be to draw attention to the importance of real estate transparency, not only to boost investment, but Kelly, by relying on specific regional and global parallels, will provide a unique perspective and context on how African markets can advance the "spectrum of transparency" to emerging countries. "
" We hope that our presentation will serve as a catalyst for participants in the event to think about how they can concretely contribute to enhancing transparency in Africa, "said Kelly
and 2016 were outstanding – these were mostly on a low base said Kelly, "In this year's version only 10 of the 15 African markets have improved, which has been led by Nigeria and Kenya," he added.
However, despite this pro Progress towards continental markets The volume and quality of data collected by African companies such as Sagaci Research and Estate intel.
"Overall, we continue to see progress in areas such as the quality and frequency of assessments in many markets. In sub-Saharan Africa, the availability of market data has also continued to improve for some countries and sectors (such as logistics and hospitality), "said Charles Ballard of Sagaci Research. One of the companies recognized for having developed a better concrete insight into the growing retail sector in Africa is that the data is "limited or obsolete".
The challenge, he explains, is the young population of Africa. "Younger consumers tend to be less conservative and more open to trying new things – the speed with which Kenyan consumers have embraced mobile money is an excellent example of adding that these developments make it even more critical that data are up-to-date and transparent in Africa and not "inconsistent and fragmented", which is one of the main challenges faced by Dolapo Omdire de To overcome these challenges and use the advances of Proptech and data relevant, Omdire will use Summit API to get an idea and launch the new Estate intel data application.
"The application will host the largest collection of data points on commercial property in Nigeria, and we are confident that this will change the way real estate decisions are made across the continent."
pioneering technology for the acquisition and development of data to improve data access and decision-making is an area in which
"Africa has l & # 39; At this stage to use the blockchain for land registers or transactions, "smart" buildings and infrastructure for facility management or repair, or new database capabilities for collaborative data between market players – to revive traditional methods of improving market data and building real estate markets suitable for the future, "he adds
. Expo, Kfir Rusin, "Increased data flow and transparency are absolutely essential to developing and deepening investments in the continent's real estate markets."
"Power to bring global pioneers together and at the API & Expo Summit and help them By leveraging our platform to elevate the importance of data and transparency as a key driver of investment growth, one of the key objectives of the conference, "he added. (APO).
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