Ranking of the Biggest Property Developers in Africa in 2025
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Africa's real estate market is on an upward trajectory, projected to reach a staggering $17.64 trillion by the end of 2025. This growth is fueled by rapid urbanization, infrastructural development, and increasing demand for residential and commercial properties.
However, a gap remains in the search results, as they do not provide information about the founders of the first three largest real estate companies in Africa in 2025, based on project scale, impact, investment volume, and regional presence.
Despite this oversight, it's clear that private companies are reshaping the continent's architectural and economic landscape, particularly in addressing the housing deficit. One such company is Grit Real Estate Income Group, founded in 2014 and listed on the London Stock Exchange and the Stock Exchange of Mauritius. Grit focuses on acquiring and managing income-producing real estate assets across Africa.
Another leading player in Africa's real estate sector is Broll Property Group, established in 1975. Broll offers a wide range of services, including property management, facilities management, and leasing.
The residential segment is expected to dominate, accounting for an impressive $14.87 trillion. In Nigeria, the residential real estate market is projected to be worth $2.61 trillion, with the sector making up about $2.5 trillion.
Africa needs over $1.4 trillion to build a minimum of 51 million housing units to match the current demand deficit. The growth in the real estate sector is a positive step towards addressing this need.
The future of Africa's real estate market looks promising, with several private companies leading in this dynamic market, offering diverse services and contributing to the continent's economic development. The sector's annual growth rate is expected to be 5.58% from 2024 to 2029, indicating a sustained and steady growth trajectory.
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