kigali

Investing in the Real estate market of Rwanda is becoming an increasingly lucrative industry due to the rapid population growth fueled by the country's massive infrastructure construction initiatives. In addition, the current housing shortage is largely exacerbated by the growing number of people whose incomes allow them to pay rent. After only five years of expansion, the sector has already contributed...

There is a possibility that the real estate sector will play an important role in the expansion of the economy. The continuous expansion of private construction and state works, which combined accounted for a total of 647 billion Rwandan francs in 2019, was the primary contributor to the sector's 4% year-over-year gain in its contribution to GDP in 2019. In addition, the Kigali City Master plan is...

Le Rwanda devient rapidement l'une des destinations les plus populaires d'Afrique pour les investisseurs immobiliers. Avec un gouvernement stable, une économie en croissance et des gens accueillants, ce n'est pas étonnant. Mais quelles sont les principales tendances immobilières au Rwanda? Que devriez-vous rechercher lorsque vous investissez dans l'immobilier rwandais? Continuez à lire pour le...

It was revealed to industry players during a lecture arranged in Kigali City entitled "Dynamics of Commercial Real Estate Market of Kigali" that 10 percent of Kigali's commercial real estate developers sought government intervention to boost their feasibility of their projects. The event consisted of city authorities, stakeholders, and others. Senior Research Fellow at IPAR-Rwanda, Dickson Malunda,...

“You will always need to create strong ties among the Public and Private Partnerships to develop a successful real state environment”, learned industry players on Monday. A meeting was called out in Kigali where Walid Moussa, who is the acting president of the FIABC, was present along with other stakeholders belonging to the Rwanda real estate industry. This meeting was organized to attract...

As the drastic effects of the Covid ’19 virus hit worldwide, it has impacted everyone no matter what race, class, or region. CNBC Africa spoke to the Director of Project and Property management, Paul Rwigwamba asking him about the impact and future implications the coronavirus could have on the Real Estate sector in Rwanda. According to Paul, the Real Estate sector has seen a rapid boost in Rwanda...

Despite the breaking Genocide news in 1994 that left over a million Rwandans dead and thousands of orphaned children and widows, Rwanda has made significant steps of development. Various sectors including manufacturing, housing, and rural settlement, infrastructure and urbanization have been steadily growing. This has benefited the Rwandan community and boosted the country’s economy to new...

Rwanda: Real Estate Industry among the major Sectors propelling Economic Growth Last year, Rwanda posted an increase in economic growth mainly contributed to increased growth in the service sector, especially the real estate industry. This is according to a report released by the National Institute of Statistics of Rwanda (NISR). The economy grew by 6.0 percent exceeding the initial forecasted growth...

The steadily growing real estate sector of Kigali was one of the major contributors to the economic growth of Rwanda last year. The sector contributed about 8 percent to the national GDP growth in the fourth quarter of 2017. The real estate services including the sale and occupancy of homes recorded a growth of 5 percent last year, according to reports by the National Institute of Statistics of Rwanda...

According to recent studies, Kigali rakes higher rental yields in the residential and retail sectors than other cities in Sub Saharan Africa. Rental yield is the rate of profits compared to the cost of the investment property, typically expressed in percentages.  Kigali records 8.1 percentages on average rental return from the residential real estate industry while its retail sector records 9.8 percent...