African Property Awards : Objective, Background & History

House prices rose in 25 out of 39 world’s housing market in Q2, 2018. How many was in Africa? “What do you want to know about the African Property Market? Head towards the horn of Africa, to the southern tip of Johannesburg, Move to Egypt, the western Ghana and then the central part of Kigali.

 Do you know they have one thing in common? Property Hot Spots.

 The African Property Magazine brings everything you need to know about the African Property Market. It’s parked with a guide to the indigenous African regional pricing to guide investment decisions. African Property Magazine-your authoritative link to the African Property Market”

Background

The last two decades has seen significant strides in the real estate sector of the Ghanaian economy. Such is the interest in the sector that new entrants continue to register as corporate members on a regular basis. Growth in the sector reflects the increasing importance that Ghanaians place on shelter as a requirement for good quality life. To further consolidate the gains of the sector and emphasize the quality credentials of the industry, there is a felt need to institute an award platform that will recognize excellence and spur industry players on to achieve same. It is in this regard that the African Property Awards-  (APA) an NGO put together by Property Express Group.


Objectives

To recognize and reward excellence in the general real estate and allied sectors. To encourage innovative real estate solutions within the industry. To enhance quality standards. To promote confidence in the real estate and property industry. To safeguard and strengthen interest of stakeholders in the industry. To provide a strategic platform of interaction for the different stakeholders in the industry.

Also, to build strong business relationship with African Governments and other Western Partners in creating opportunities for Private Public Partnership collaboration for businesses in the Western World and African Countries to thrive. Encouraging Infrastructural development in Africa through education. Create a platform where Africans can showcase their potentials and what they have on offer in their various countries in terms of infrastructural landscape Promote and strengthen quality infrastructural project development and spur on other investors to take advantage of the last frontier.


Target

Registered infrastructure projects, real estate companies. Financial institutions. Institutions Hotel industry Support service providers. Training and Professional institutions. Regulatory authorities. General Public. Please note, projects which are not supervised by a professional i. e surveyors, architects or engineers with a proof of insurance policy will be rejected by the award council

Frequency of Event is scheduled every other year.


HISTORY BEHIND THE PROPERTY AWARDS


Mr. Robert Attah-Wegbe, a Ghanaian, while undertaking a research project on “Consumer Behaviour Towards Property Purchase in Ghana and Africa” at the Thames Valley University, London, in 2000, initiated the concept of the  Property Awards.

Under the close supervision of his lecturer, Mr. Steve Johnson, who was then the head of Marketing and Research Department University, Mr. Atta-Wegbe took the project further and studied into greater detail property issues and allied problems in Ghana and Africa.

The research continued further in 2003, culminating in the establishment of The Property Express Magazine, an intellectual property owned by Mr. Attah-Wegbe and family.

Mr Atta-Wegbe went on to develop a website and TV programme (Property Issues on OBE SKY TV ) to interact with consumers, especially Ghanaians in the Diaspora. The feedback from consumers was overwhelming! A majority of the respondents called for the infusion of sanity into the property industry. To address the situation, there was the felt need for an innovative solution into the African Market, especially as pertains in Africa.

It is in this regard that African Property Awards Limited, an NGO, was born.
The awards, which involves all the stakeholders in the industry in African  recognizes Innovative Solutions to Challenges in Property Development in Africa.

My appreciation and thanks to The Almighty Lord and my collaborators, especially Irene Agyenkwa, Late  Noble Asare,  Professor Ralph Tettey-Mills, and Ray Ankomah, whose useful ideas, suggestions and contributions have brought us this far.